CME blamed the outage, which halted trading for more than 11 hours, on a cooling failure at a data centre in Chicago. Global futures markets were thrown into chaos for several hours after CME Group, the world’s largest exchange operator, suffered one of its longest outages in years, halting trading across stocks, bonds, commodities and…
Payment service provider Peach Payments late Friday said it has tracked a Black Friday-linked transaction worth R1.09-million, which it said was spent in the travel and tourism sector. “Peach Payments has been tracking Black Friday digital transactions data in real time throughout the day on its dashboard and has already experienced more than 80% growth…
Addis Ababa — Ethiopia needs to make the most of the 32nd UN Climate Change Conference (COP32) to play a pivotal player in the global fight against climate change and to transform its rich cultural heritage into a platform for promoting tourism, Prime Minister Abiy Ahmed said. The Prime Minister gave today directions to the…
LONDON — European stocks were largely positive on Friday as investors digest the end of a choppy month. The pan-European Stoxx 600 was up almost 0.2% by 4:00 p.m. in London (11:00 a.m. ET), with major bourses and most sectors in positive territory. November has been a volatile month for equities with fears of stretched…
André Steyn, format acceleration VP at Massmart. Walmart is betting on its omni-channel retail strategy to attract South African customers, rolling out a Walmart Africa mobile app built on the same global technology stack that powers the US retail giant’s global operations. The US multinational retailer, which operates a chain of hypermarkets, discount department stores…
Global immunization efforts have led to an 88% drop in measles deaths between 2000 and 2024, according to a new report from the World Health Organization (WHO). Nearly 59 million lives have been saved by the measles vaccine since 2000. However, an estimated 95 000 people, mostly children younger than 5 years of age, died…
Kiira Motors’ groundbreaking 13,000-kilometre electric mobility expedition from Uganda to South Africa has reached the heart of Tanzania, showcasing the potential of African-made clean transport and marking a major milestone in the continent’s sustainable mobility movement. The Kayoola E-Coach 13M, Uganda’s flagship premium electric inter-city bus, is currently in Dodoma, Tanzania’s capital, after traversing the…
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing National Guard member dies after ‘targeted’ D.C. attack 01:05 UP NEXT Israeli forces kill two Palestinians in the West Bank 00:47 U.S. to re-examine green card holders from some countries 01:27 Trump says a National Guard member shot…
Eskom’s Kendal coal-fired power station. Siphiwe Sibeko/Reuters Eskom on Friday reported profit after tax of R24.3-billion for the six months to the end of September, roughly 37% higher than the same period last year. In September Eskom reported its first full-year profit in eight years after a sudden turnaround in the performance of its coal-fired…
The Lagos Chamber of Commerce and Industry (LCCI) has declared that Kenya and Nigeria is collaborating intentionally to develop cross-border production networks, industrial corridors, and investment partnerships that would reflect both countries strengths. This declaration was made yesterday by the President of LCCI, Mr. Gabriel Idahosa, during the first “Kenya-Nigeria Trade and Investment Conference” that…
