Heavy gunfire in Somali capital as row over election delay escalates
The opposition has called for protests after the president’s term in office was extended by a year.
Tag: Capital
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Why Telkom is pouring capital spending into IT
Telkom Group CEO Serame Taukobong Telkom customers who want to buy fibre, mobile and a fixed-wireless product in a single purchase still can’t do so easily – a shortcoming group CEO Serame Taukobong has acknowledged is the central problem a multi-year overhaul of the operator’s back-office systems is meant to solve. “If you walked into…
Bitcoin, Capital and Conflicting Judgments: Where does the Industry Stand?
For years, one question in South Africa’s crypto debate has been deceptively simple: if bitcoin is bought in South Africa and moved to a wallet linked to an offshore custodian, has capital left the country? The latest High Court ruling brings that question into focus — not as a debate about what bitcoin is, but…
Africa Has the Capital to Finance Its Future, Now It Must Mobilise It
The latest economic outlook report by the African Development Bank (AfDB) projects that the continent will grow at 4.2 per cent in 2026, slightly down from 4.4 per cent in 2025, before bouncing back to its growth trajectory in 2027. The downward revision for 2026 comes at the back of heightened geopolitical tensions and global…
Israel hits Lebanese capital in 'targeted strike'
Beirut had until now largely been spared even as both Israel and Hezbollah accused each other of breaking last month’s ceasefire.
Africa’s Capital Must Stay Home to Plug Its Financing Gap – How It Could Be Done
Africa is providing cheap liquidity to wealthy nations. In return it is paying huge interest rates to external institutional investors at the cost of its own development. For instance, African central banks export their reserve funds for safekeeping. Sovereign wealth funds and pension fund managers invest only in investment-grade European and United States institutions. The…
Malatsi pitches Reit overhaul to channel capital into digital infrastructure
Communications minister Solly Malatsi. Image: DCDT Communications minister Solly Malatsi has backed a proposal to extend South Africa’s real estate investment trust (Reit) regime to digital infrastructure – a reform the sector has long argued could unlock billions of rand in capital for fibre networks, mobile towers and data centres. “While we work on stabilising…
Africa: Capital Mobility Should Be Treated As Africa’s Priority
The Africa CEO Forum that went underway in Kigali on Thursday should not end as another gathering where Africa’s ambitions are eloquently stated but weakly acted upon. If there is one urgent message policymakers in the room must take home, it is that the continent cannot build a single market while making it difficult for…
The AI revolution has a new capital
Just as the world’s AI bulls looked to be running out of puff, a fresh investor frenzy has hit Asia’s tech names, making Seoul’s stock market the world’s hottest and delivering bonuses of half a million dollars to workers at one Korean chip maker. Asia’s three most valuable companies are chip makers — TSMC, Samsung…
5/3/2026: Disaster Tourists; Birds Of War; Perfume Capital Of The World
First, when the volunteer helping after a hurricane is a white nationalist. Then, birders flock here since guerrillas disarmed. And, Grasse: The perfume capital of the world.