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Financial institutions launch Rand-backed stablecoin

Financial institutions launch Rand-backed stablecoin

ZARU’s reserves are independently audited monthly, ensuring transparency and stability for institutional participants. (Image created using GenAI via ChatGPT) A consortium of South African financial and fintech firms has introduced ZAR Universal (ZARU), an institutional-grade stable coin pegged to the South African Rand. According to a statement, ZARU aims to modernise payments and financial infrastructure,…

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Africa: Experts Call for Africa-Led Research to Transform Health Outcomes

Africa: Experts Call for Africa-Led Research to Transform Health Outcomes

The call was made on Monday in Abuja at the SPARK Africa Translational Research Bootcamp and Conference, which brought together health professionals, researchers and professors from within and outside Nigeria. Health experts and policymakers have called on Africa to take ownership of its research agenda and strengthen translational science to improve health outcomes and drive…

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Bill and Hillary Clinton in a standoff with House Republicans over Epstein testimony

Bill and Hillary Clinton in a standoff with House Republicans over Epstein testimony

WASHINGTON — Former President Bill Clinton and former Secretary of State Hillary Clinton are in a standoff with House Oversight Committee Chair James Comer, R-Ky., over testimony the panel is seeking in its investigation into the late convicted sex offender Jeffrey Epstein. The dispute is over the format of the Clintons’ testimony to lawmakers. The Clintons’…

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SA’s hoteliers lag on AI adoption

SA’s hoteliers lag on AI adoption

A new report highlights the low prevalence of formal AI strategies in SA hotels. (Image source: 123RF, created via GenAI) While artificial intelligence (AI) adoption has become widespread, with local enterprises leveraging AI tools, it remains in early stages across South African hotels. This is according to the inaugural Hospitality Asset Management Company (HAMAC) South…

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Africa: Relentless Rains and Floods Leave Africa Reeling As UN Seeks Help

Africa: Relentless Rains and Floods Leave Africa Reeling As UN Seeks Help

Severe flooding has intensified across northern and southern Africa since last October. Extreme rainfall has affected many regions, intensifying sharply in January and leading to widespread emergencies. As the situation continues to unfold, the United Nations is appealing for international assistance. In Mozambique, flood victims are beginning to return home despite the damage. “My daughters…

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