The former head of Italy’s motorway operator has been given a 12-year prison sentence over the collapse of Genoa’s Morandi bridge in August 2018. Prosecutors had asked for a far longer jail term for Giovanni Castellucci, ex-chief executive of Autostrade per l’Italia (Aspi). Forty-three people died when the motorway bridge running through the city came…
Across Africa, hundreds of thousands of refugees have transformed their livelihoods into profitable ventures worthy of attracting corporate and private sector investment. This marks a significant shift from the past, when displaced people were largely viewed as a risk, particularly by financial institutions. Today, evidence is emerging that refugee communities are not only surviving but…
Sarah Meyssonnier/Reuters Prosus is set to pocket about €2.1-billion – roughly R40-billion – from the sale of its remaining stake in Delivery Hero, after Uber on Thursday launched a takeover offer valuing the German food delivery group at US$14.8-billion (R242-billion). The Amsterdam- and JSE-listed technology investor, which is majority owned by Naspers, said in a…
From Project Bankability to Building Productive and Financeable Economies As the World Bank Group places job creation, private sector mobilization and productive transformation back at the center of its agenda, evaluations by the Independent Evaluation Group (IEG) of the International Finance Corporation’s (IFC) engagement in fragile economies invite us to ask a fundamental question: Is…
Kyiv, Ukraine — Hundreds of protesters gathered in downtown Kyiv Thursday after Ukrainian President Volodymyr Zelenskyy moved to dismiss Defense Minister Mykhailo Fedorov as part of a Cabinet shakeup that had already raised eyebrows for its timing. The reshuffle comes right as Ukraine is seen by many analysts as turning the tide slowly against Russia’s…
By blocking many Africans from participating and attending, the US has made a mockery of FIFA’s apparent commitment to universal access. The 2026 FIFA World Cup final this Sunday between Spain and Argentina is the culmination of what should have been the biggest celebration of diversity in football history. Forty-eight teams (compared to the usual…
BPESA CEO Reshni Singh. South Africa’s global business services (GBS) sector created 26 346 new jobs servicing international markets in 2025 – its highest annual total since 2018. In addition, just under 23 800 of those roles, or about 90%, were filled by young people, based on Business Process Enabling South Africa’s(BPESA’s) GBS sector report….
The Managing Director of GCB Bank PLC, Farihan Alhassan, has called for a shift in Africa’s economic development strategy, arguing that the continent’s financing challenges are less about capital scarcity and more about building the right risk structures to attract investment at scale. He made the remarks during the African Banking, Finance and Economic Leadership…
Mykhailo Fedorov has been credited with reforming defence procurement and tackling corruption. Published On 16 Jul 202616 Jul 2026 Hundreds of people have gathered near the Ivan Franko National Theatre in central Kyiv to protest against the dismissal of Defence Minister Mykhailo Fedorov, calling on President Volodymyr Zelenskyy to reverse the decision. According to local…
Parliament has been urged to slap a travel ban on Malawians attempting to sneak into South Africa for informal jobs, as MPs scramble to get a grip on a repatriation crisis that has ballooned way beyond anyone’s expectations. The explosive recommendation from the Parliamentary Committee on International Relations comes as the government battles to bring…
