Reserve Bank governor Lesetja Kganyago The South African Reserve Bank maintained its main lending rate at 6.75% on Thursday, saying caution was needed as higher energy prices triggered by the US-Israel war against Iran would push up inflation. Economists polled by Reuters had expected no change in the repo rate, as the Middle East conflict…
*Rwanda defeat Nigeria by 6 wickets for their fourth straight win South Africa’s U-19 team returned to winning ways with 28 runs victory over their Zimbabwean counterparts at the ongoing 5th edition of the Nigeria Women’s Invitational T20 International (WT20i) Tournament at the Tafawa Balewa Square Cricket Oval, Lagos. After the Monday rest day for…
A Nigerian academic and researcher at Covenant University, Ota, Ogun State, Dr. Ada Peter, has been recognised among 25 women shaping conversations on the future of higher education across Africa, by the Education Collaborative. The recognition places Peter alongside prominent education leaders and administrators from across the continent who are rethinking how African universities can…
President Donald Trump said Thursday that neither the spike in oil prices nor the slump in the stock market during the Iran war were as bad he had anticipated. In a Cabinet meeting, Trump expressed confidence in the war effort and said the economic damage will reverse. Addressing Treasury Secretary Scott Bessent, the president said…
Ericsson has appointed Siseko Ngxola as head of its South African operations, signalling a continued focus on the local market. Siseko Ngxola | image supplied Ngxola brings more than 20 years of experience in the telecommunications sector, having held roles across sales, enterprise and mobile networks. His career includes international exposure in markets such as…
The African Union Commission has welcomed a new resolution by the United Nations General Assembly recognizing the transatlantic slave trade as one of the gravest crimes against humanity. In a statement, the Chairperson of the Commission praised the adoption of Resolution A/80/L.48, which was led by Ghana. The Chairperson described the move as a major…
African Export-Import Bank (Afreximbank) has officially launched the inaugural cohort of its “Afreximbank Accelerator Programme,” bringing together eight high-potential startups from across Africa and the diaspora for an intensive kick-off week taking place in Cairo from 23-27 March 2026. Selected from a highly competitive pool of over 1,600 applications, the cohort represents some of the…
Amazon’s Big Spring Sale is happening right now and with it comes sneakers at huge discounts. I’ve covered sneaker sales for a number of years and am particularly impressed by some of the savings being offered by brands like Adidas, New Balance, Nike and more — including a pair that is 67 percent off. Below,…
Epic Games has announced a sweeping reduction in workforce, cutting more than 1,000 employees. In a memo, CEO Tim Sweeney attributed the decision to a significant downturn in Fortnite engagement that began in 2025. This decline has resulted in the company spending substantially more than it earns, necessitating drastic measures to maintain financial stability. Read:…
No need to fear the perfume seller – 1990s hoax about fainting after sniffing perfume still not backed by evidence IN SHORT: A hoax message with its origins in 1990s email chain letters has once again resurfaced. Social media posts describe horror stories of women fainting and being robbed after sniffing perfume containing a powerful…
