Borrowing costs for governments and businesses in Nigeria, South Africa and Kenya have risen in the last five years due to policy weaknesses, unfavourable market conditions and inflation, according to a study by Moody’s Ratings published yesterday. Although economies in the region face ever-rising funding needs to keep development and growth on track, they have…
Vibrant neon signs and bright street lights glowing above the busy night traffic of taxis, double decker buses and pedestrians along Nathan Road in the crowded Tsim Sha Tsui district of Kowloon, Hong Kong, China. Fotovoyager | E+ | Getty Images Japan’s benchmark Nikkei 225 surpassed the 45,000 mark for the first time, leading gains…
GLOBAL SUDUM FLOTILLA Global Sumud Flotilla shared footage of the first alleged strike on Instagram Two vessels that are part of a Gaza-bound flotilla carrying aid and pro-Palestinian activists including Greta Thunberg have been struck in separate suspected drone attacks, flotilla organisers have claimed. Global Sumud Flotilla (GSF) posted footage on Tuesday appearing to show…
A drone fired by the Houthi militants in Yemen breached Israel’s air defenses on Sunday and slammed into the country’s southern airport, the Israeli military said. It was one of several drones fired by the Houthis, according to the military, but it said most had been intercepted outside of Israel. The drone crashed into the…
Sarah RainsfordSouthern and Eastern Europe Correspondent in Kyiv and Rachel Hagan & Yaroslav LukovBBC News in London Watch: The BBC’s Sarah Rainsford at the scene of Ukrainian government building strike Ukraine’s main government building in Kyiv has been hit for the first time in the war during Russian attacks, the Ukrainian prime minister says. Yulia…
Pakistan began evacuations last month after India released water from overflowing dams into low-lying border regions. Published On 3 Sep 20253 Sep 2025 Nearly 300,000 people have been evacuated in the past 48 hours from flood-hit areas of Pakistan’s Punjab province following the latest flood alerts by India, officials have said, bringing the total number…
The popular Ford Ranger model is manufactured at the company’s plant outside Pretoria Ford Motor’s South African unit plans to lay off more than 470 employees as it seeks to adjust production capacity to match current and future market demands, the South African Solidarity union said on Thursday. Ford has sent an official notice to…
President John Dramani Mahama has disclosed that Ghana’s import trade reached over $215 million in 2024. Speaking at the 8th Africa-Singapore Business Forum, the President said trade between Africa and Singapore grew by 50 percent between 2020 and 2024, rising to nearly $14 billion. He noted that West Africa alone accounted for more than half…
US President Donald Trump President Cyril Ramaphosa and his US counterpart Donald Trump spoke by phone on the eve of the introduction of Washington’s punitive new tariff regime. The call signals an effort by the authorities in Pretoria to invigorate negotiations on a new trade deal with its biggest partner after China. The two nations…
Fraudsters are increasingly using generative AI to perpetrate cyber scams. Google has become the latest company to fall victim to cyber criminals increasingly using artificial intelligence (AI) to bypass security measures and trick users with highly-realistic documents that install malware on networks. This Google attack, following a similar incident targeting Microsoft SharePoint servers globally, was…
