Singapore – As Singapore’s Diamond Jubilee celebrations draw to a close on Saturday night, a huge fireworks display will illuminate the city’s extraordinary skyline. The numerous skyscrapers and futuristic buildings stand as a tribute to the country’s remarkable development after separating from Malaysia in 1965. This tiny Southeast Asian state, with a population of just…
Awaza, Turkmenistan — Heads of State, ministers, investors and grassroots leaders are gathered in Awaza on Turkmenistan’s Caspian coast for a once-in-a-decade UN conference aimed at rewiring the global system in support of 32 landlocked developing countries whose economies are often ‘locked out’ of opportunity due to their lack of access to the sea. Geography…
Despite his austerity measures, the president’s party is expected to do well in the crucial October mid-term elections. Argentina’s libertarian president, Javier Milei, has vetoed bills aimed at increasing pensions and disability spending, amid ongoing protests against his austerity fiscal policies, which are hitting many people in their day-to-day lives. Milei’s administration announced the decision…
Nairobi — Kenya’s film and creative sector is set to gain from the upcoming Africa Film Finance Forum (AFFF), which returns this September in Lagos, Nigeria, with an ambitious goal of unlocking a $20 billion Pan-African film economy. Scheduled for September 16-18, the forum will convene industry stakeholders under the theme “Pan-African Film Economy: Building…
Despite the rebasing of Nigeria’s Gross Domestic Production (GDP), the country still retains its position as the fourth largest economy in terms of Nominal terms. According to the National Bureau of Statistics (NBS), the country’s economy was worth N372.82 trillion in 2024. Using the current N1,529.53 per dollar, this, the economy is $243,526,768,148.72 (billion) in…
Professor HB Klopper, academic head at Belgium Campus iTversity. Technology and business are converging at an unprecedented pace. The swift transition into what some call the fifth industrial revolution, almost leapfrogging the fourth, presents us with a remarkable opportunity to fundamentally reimagine our approach to business operations. In this fifth revolution, the promise is of…
Remember the time when cash notes and clunky coins filled your wallet? Today, your wallet’s bill compartment and coin pockets are probably much emptier, while its card slots are overflowing with bank and retailer cards. You might even be a consumer with no cards in your wallet, preferring contactless payments with your smartphone. The transition…
Zanzibar — ZANZIBAR President, Hussein Mwinyi has urged African nations to take the lead in shaping the global knowledge economy, as he officially opened the Africa QS Forum on Education here yesterday. Speaking at the high-level gathering of education leaders, scholars and innovators, Dr Mwinyi said Africa must move beyond the sidelines to become a…
SA’s National Business Initiative has received a R17 million grant to support youth-driven green skills development. The African Development Bank (AfDB), through the Fund for African Private Sector Assistance (FAPA), has awarded a $1 million (R17.6 million) grant to SA’s National Business Initiative (NBI). The grant, which aims to support green skills development for local…
Geopolitical developments in the Middle East are expected to have a negative influence on market sentiment and the global economy if de-escalation efforts fail. Since Namibia is a part of the global village and trades with other countries; it is therefore not immune to economic catastrophe. The global economy has been negatively impacted by event…
