The two entrepreneurs represent distinct forms of business leadership, and governments must create the conditions for both to thrive. Africa’s development debate often pits traditional industrialisation through factories, refineries and ports against leapfrogging to a digital, technology-led future. The careers of two very different businessmen suggest this is a false choice. Aliko Dangote and Elon…
If you run a franchise network long enough, you learn that the problem sitting in front of you is rarely the only problem you have. A franchisee tells you margins are under pressure. Dig a little deeper and you may find they have stopped replacing staff, training has slipped and service standards are beginning to…
James Morton isn’t sure which party he’s going to support in November’s elections, and he doesn’t like his options. Morton, a 67-year-old retired truck driver in Colorado, said Democrats have “gone too far to the left towards socialism,” while Republicans are “globalists” who “don’t care about the working-class people in this country.” Morton, an independent…
What if the world tackled inequality with the same kind of scientific firepower it has brought to the climate crisis? That is the thinking behind a proposal gaining support from world leaders and experts to establish a new ‘International Panel on Inequality’, an independent body that would bring together evidence on the causes and consequences…
Consumer technology company Nothing has expanded its audio portfolio with the release of the Headphone 1 Pro, marking the brand’s flagship entry into the professional over-ear market. Positioned above the $199 Headphone A series, the $399 wireless headset introduces dedicated hardware-level studio monitoring utilities alongside high-resolution wireless streaming capabilities and the company’s signature translucent design…
Africa’s drive for industrial self reliance received a major boost on Wednesday as Kenya President William Ruto and President/Chief Executive, Dangote Industries Limited, Aliko Dangote, joined African leaders to break ground on a $16 billion petroleum refinery and petrochemicals complex in Lamu, Kenya, designed to process 700,000 barrels of crude oil per day and serve…
It is too early to say why a pilot stabbed another pilot and tried to take over a flight from Dubai to Tel Aviv, Israel’s prime minister has said. The Flydubai plane plunged more than 17,000ft (5,200m) two hours into its journey on Wednesday during the incident, before passengers and crew overpowered the attacker and…
Capitec continued to grow its customer base, as active clients increased to 26.6 million. (Image supplied) Capitec’s fintech operations, comprising value-added services (VAS) and its mobile virtual network operator (MVNO) Capitec Connect, continued to gain momentum in the six months to 31 August, with net income from the businesses rising 30% to R2.7 billion. The…
President Museveni has renewed his call for East African countries to pursue political integration, arguing that deeper unity is necessary for member states to share jobs and economic benefits created by major investments across the region. Museveni made the remarks on Wednesday during the groundbreaking ceremony for the multi-billion-dollar Dangote East Africa Petroleum Refinery and…
