Africa needs to change the way it views sports by moving beyond seeing it as recreation and recognising it as a major economic sector capable of driving growth, according to NBA Africa Chief Executive Officer Clare Akamanzi. Akamanzi made the remarks at the Africa Mindset Reset Forum, held at Kigali Convention Centre on Wednesday, August…
Africa is home to about two thirds of the world’s uncultivated arable land. It is blessed with an average of 300 days of sunshine annually. At a time when many of the world’s advanced countries are experiencing population stagnation or decline, Africa with 1.6 billion people is the world’s second largest continent. Its population is…
Oil prices fell more than 3% on Tuesday as the U.S. pivots to economic sanctions rather than military strikes to pressure Iran. Brent futures, the international benchmark, dropped 3.9% to close at $88.58 per barrel. U.S. West Texas Intermediate crude lost 3.1% to settle at $82.36 a barrel. Prices have fallen more than 5% this…
5m ago Iran-Oman talks on Strait of Hormuz to continue Tuesday Oman and Iran are set to continue their talks on the future management of the Strait of Hormuz on Tuesday, Tehran’s foreign ministry spokesperson Esmail Baghaei said Monday. The spokesperson said Oman’s foreign minister will travel to Tehran to meet with Iranian officials….
Tehran’s grocery stores are well-stocked, but many families can barely afford the basics. Unemployment is soaring and those with jobs are working more hours for money worth half as much as a year ago, putting food, medicine and everything else — except for heavily subsidized gasoline — further out of reach. “We have virtually given…
15m ago USS George Washington aircraft carrier arrives in Mideast to replace USS Lincoln The USS George Washington aircraft carrier arrived in the Middle East Wednesday, according to U.S. Central Command. CBS News previously reported that the USS Washington was headed to the region to replace the USS Abraham Lincoln, about which family members…
President Cyril Ramaphosa has pledged to use South Africa’s chairship of the Southern African Development Community (SADC) to deepen regional economic integration and advance resilient, sustainable and inclusive industrialisation. Accepting the SADC chairpersonship from Zimbabwean President Emmerson Mnangagwa at the 46th Summit of SADC Heads of State and Government in eThekwini on Monday, President Ramaphosa…
Treasury Secretary Scott Bessent speaking with CNBC on Aug. 4th, 2026. CNBC The U.S. will be applying economic measures “that have never been seen on Iran,” Treasury Secretary Scott Bessent said. “It will be a combination of economic isolation like the world has never seen before, and the continued blockade in the Strait of Hormuz…
Multiple and often overlapping crises such as floods or drought due to climate change, violent conflict and economic instability are creating new forms of vulnerability. Collectively they’re known as a polycrisis. These have severe effects on countries in sub-Saharan Africa with high poverty levels where weak institutions and limited public resources make it harder to…
[Daily Maverick] Falling EU fertility, an ageing workforce and cautious regulation threaten Europe’s competitiveness; policymakers must balance family policy, skilled immigration and AI-led automation to sustain prosperity.
