Chinese leader Xi Jinping ended his first formal trip to Washington in 11 years Friday, capping a highly anticipated state visit with President Donald Trump that saw three days of bonhomie and pageantry but delivered few concrete agreements. Trump gave Xi a rare airport tarmac greeting, the two leaders enjoyed a splashy state dinner and…
African parliaments have been urged to strengthen their oversight of public finances through well-resourced and independent Parliamentary Budget Offices (PBOs) as the continent confronts rising debt vulnerabilities, illicit financial flows, procurement inefficiencies and increasing demands for public services. Speaker of the National Assembly Saara Kuugongelwa- Amadhila made the call on Mondaywhensheofficiallyopened the 9th Annual Conference…
On this episode of ITWeb TV, Dane Liebenberg, AI executive for FNB Retail and Business Banking, unpacks how the bank is assessing the value of its artificial intelligence investments through four key pillars. #AI #Banking #Fintech #ArtificialIntelligence #DigitalBanking As financial institutions move beyond artificial intelligence (AI) experimentation and begin scaling deployments, First National Bank (FNB)…
Dangote Group and Ethiopian Investment Holdings will invest $660 million in a petroleum-products pipeline connecting landlocked Ethiopia with Djibouti’s coast, adding new fuel storage and transport infrastructure to one of East Africa’s main trade corridors. The project was announced by Ethiopian Prime Minister Abiy Ahmed alongside Djibouti President Ismail Omar Guelleh and Aliko Dangote. The…
Years after mispronouncing “microwave” on BBC’s “Cook, Eat, Repeat,” food writer Nigella Lawson has found herself at the center of yet another viral frenzy. This time, the response has largely come from fans of the popular competition show “The Great British Bake Off,” who are poking fun at Lawson for a different on-air quirk: How…
Mr Netanyahu described delegates who walked out as “moral cowards.” When Israeli Prime Minister Benjamin Netanyahu took to the podium to address the UN General Assembly on Thursday, the chamber was almost empty. Dozens of delegates walked out of the hall in protest of Israel’s military campaign in Gaza and Lebanon, leaving Mr Netanyahu to…
Solly Malatsi. Image: DCDT Communications minister Solly Malatsi has formally withdrawn the reservation of high-demand spectrum for a wireless open-access network, more than four years after cabinet moved to scrap the scheme, leaving the regulator, Icasa, free to license frequencies that have sat idle since. The amendment to the 2019 policy on high-demand spectrum was…
Brazil, Germany, India and Japan have backed a permanent African seat on the United Nations Security Council (UNSC), calling for urgent reform of the Council to reflect contemporary geopolitical realities. The four countries, under the Group of Four (G4), made their position known in a joint statement issued after their foreign ministers met in New…
The US Supreme Court has lifted restrictions on the Trump administration to use a controversial federal database that uses citizenship information and other sensitive data to identify voters suspected of being non-citizens. Critics have questioned the reliability of the data, warning it could result in US citizens being wrongly removed from electoral rolls. In June,…
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called on the international community to significantly expand access to affordable long-term capital to finance infrastructure and development projects across Africa, saying the continent’s growth ambitions remain constrained by the high cost of financing. Oyedele made the call while addressing the United…
