JSE CIO Tebalo Tsaoeli Changing the JSE’s operating cycle from the current nine hours (9am-5pm on weekdays) to 24/7 trading would require changes to the local bourse’s operating model to account for the technological resources currently not available after hours, according to JSE CIO Tebalo Tsaoeli. Business Day in July reported (paywall) that the JSE…
Intel CEO Lip-Bu Tan. Japanese-based multinational conglomerate SoftBank and US-based chipmaker Intel have signed a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. In a joint statement, the organisations say the investment comes as they deepen their commitment to investing in advanced technology and semiconductor innovation…
When the lights shone brightest on Saturday night, Clement Francis Mzize answered the call. The Tanzanian striker didn’t just score — he roared, delivering two goals inside 20 minutes to sink Madagascar and send the Benjamin Mkapa Stadium into scenes of sheer euphoria. By the end of the night, the scoreboard read 2-1 to the…
ADDIS ABABA – Africa aims to use the 2nd Africa Climate Summit (ACS2) to transform visionary climate commitments into tangible, scalable solutions for a resilient and sustainable future, the African Union Commission (AUC) announced. AUC Commissioner for Agriculture, Rural Development, Blue Economy and Sustainable Environment Moses Vilakati said during a media briefing that ACS2,whichslated for…
From the lush hills of Kasese to dazzling under continental lights, Uganda Cranes forward Yunus Junior Sentamu has experienced a football journey shaped by resilience, raw talent, and divine timing. As the 2024 TotalEnergies African Nations Championship (CHAN) approaches–this time co-hosted by Uganda, Kenya, and Tanzania–the man known as “Manucho” reflects on his unforgettable 2014…
A roof-mounted Project Kuiper terminal. Image: Amazon Regulatory hurdles in the way of Starlink’s pursuit of a local operating licence could see the SpaceX subsidiary losing the first-mover advantage it has enjoyed in most markets. This as competitor, Amazon’s Project Kuiper, looks to enter the local market. Kuiper in April began launching its satellites into…
It’s festival season in Montreal! The Afropop team has just returned from the 39th Nuits D’Afrique Festival, and there will be lots of reporting rolling out from our thrilling five days of music and interviews there. But first, our correspondent Ron Deutsch, who summers in Montreal, offers this report on the Montreal Jazz Festival. If…
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…
Shenzhen Transsion Holdings, the biggest seller of mobile phones in Africa, is weighing a second listing in Hong Kong, according to people with knowledge of the matter. Transsion is in talks with advisers about an offering that could raise about US$1-billion, though the exact size, as well as timing, hasn’t been determined, the people said,…
John Mc Loughlin, group CEO and sales director at J2. South African cyber security firm J2 Software, with existing UK offices, is set to expand its footprint in the UK, Europe and Australia. John Mc Loughlin, group CEO and sales director at J2, made the announcement at the company’s office launch at its Johannesburg headquarters…
