Lotte Rental Speeds Growth and Innovation with Multiyear Partnership with Rimini Street Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Lotte Rental, South Korea’s leading car rental company, has selected Rimini Street to provide support…
For decades, Africa’s place in the global economy was framed through the lens of aid,how much was given, where it went, and whether it made a difference. That narrative is steadily shifting. Across the continent, a more self-directed model is emerging, driven by trade, domestic resource mobilization, and investment. While the transition is uneven, the…
Nairobi — The global economy is being stress-tested — not by a lack of demand or capital, but by the vulnerability of the routes that connect them. From the Strait of Hormuz to the Bab al-Mandab, a handful of narrow chokepoints carry a disproportionate share of the world’s energy, goods and trade. Today, that system…
On Holding has named co-founders David Allemann and Caspar Coppetti as co-CEOs, replacing Martin Hoffmann after a five-year tenure as CEO, as the Swiss sneaker maker looks to scale globally. The leadership shakeup comes as On is preparing to enter its “next growth phase,” the company said in a statement Wednesday. On shares were down…
Dar es Salaam — STARTING May 1, 2026, China will fully implement zero-tariff treatment on 100 per cent of tariff lines for 53 African countries that have established diplomatic relations with China. This historic step is set to considerably change global trade relations. The policy tone for the country’s development under the CPC’s leadership is…
China’s decision to open its market to 53 African countries with zero tariffs starting in May 2026 is not just another trade announcement. It is a statement of intent. At a time when global trade is increasingly shaped by rivalry, protectionism and shifting alliances, Beijing is signalling that Africa remains central to its economic diplomacy….
Werner Joubert, Commercial BDM and Country Head Asus South Africa and SADC. Asus is positioning itself for growth in its southern Africa commercial division following the launch of its ExpertBook Ultra laptop this week, as the company looks to capitalise on a market shift towards AI-enabled devices. Asus operates two divisions in the region –…
The Negishi Maru crude oil tanker sails towards JX Nippon Oil & Energy Corp.’s Negishi refinery in Yokohama City, Kanagawa Prefecture, Japan. Kiyoshi Ota | Bloomberg | Getty Images Japan’s exports climbed 4.2%% from a year ago in February, marking a sharp slowdown after hitting an over-three-year high in January. However, the increase was higher…
Tower firm IHS delivered higher revenue in 2025 than in 2024. Tower operator IHS’s full-year performance for 2025 shows the company generated 3.6% more revenue in 2025 than in 2024. The firm yesterday released its financial results for the fourth quarter and full year ended 31 December, with revenue from continuing operations rising 3.6% to…
Africa’s sovereign credit outlook is improving as economic growth stabilizes and fiscal reforms take hold across several countries, according to recent sovereign rating assessments. S&P Global Ratings shows African sovereign ratings at their highest level since 2020. The improvement comes as some governments reduce fiscal deficits and strengthen foreign reserves. The outlook improves after several…
