EDITORIAL | Kenya’s G-to-G oil deal smells increasingly like a sovereign transfer of wealth to private firms

EDITORIAL | Kenya’s G-to-G oil deal smells increasingly like a sovereign transfer of wealth to private firms

EDITORIAL | Kenya’s G-to-G oil deal smells increasingly like a sovereign transfer of wealth to private firms The Kenyan public was promised stability. What it may have received instead is one of the most opaque and politically loaded commercial arrangements in recent memory. When Nairobi unveiled its Government-to-Government (G-to-G) oil import deal with Saudi Arabia…

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Trump says Netanyahu will do “whatever I want” on Iran, and he’s “in no hurry” to make a deal

Trump says Netanyahu will do “whatever I want” on Iran, and he’s “in no hurry” to make a deal

Italy summoned the Israeli ambassador in Rome after videos emerged showing degrading treatment of pro-Palestinian flotilla activists. The clip, posted online by Israel’s far-right national security minister Itamar Ben-Gvir shows him mocking activists as they’re corralled in the custody of Israeli security personnel.   Ben-Gvir, who has been sanctioned by U.S. allies for inciting violence…

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Araxi shareholders approve Pay@ deal

Araxi shareholders approve Pay@ deal

Araxi chief executive Bradley Sacks. JSE-listed fintech firm Araxi, formerly known as Capital Appreciation, has announced its shareholders voted and overwhelmingly approved its acquisition of 80% of the shares in the Pay@ Group. Araxi also said the competition authorities recently approved the transaction, which is expected to close during May. Pay@ is a payment aggregator…

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