A growing appreciation of family-oriented leisure pastimes and rapidly increasing prosperity are driving demand for vessels from dinghies to yachts. Nelson Ching | Bloomberg | Getty Images Beijing is moving to clarify new tax rules on offshore trusts that have sowed confusion among wealthy Chinese citizens and their advisers. China’s State Taxation Administration is conducting…
Vaccines have been reliably and affordably protecting people from diseases worldwide for centuries. Until the COVID-19 pandemic, however, vaccine development was still a long and idiosyncratic process. Traditionally, researchers had to tailor manufacturing processes and facilities for each vaccine candidate, and the scientific knowledge gained from one vaccine was often not directly transferable to another….
Ali Yilmaz, Senior Manager of Solution Architects for Turkey and MEA at Picus Security. Modern cyber security has to move at machine speed to outperform automated attacks, which can exploit vulnerabilities at scale in a matter of minutes. This is according to Ali Yilmaz, Senior Manager of Solution Architects for Turkey and MEA at Picus…
Kyiv, Ukraine — Hundreds of protesters gathered in downtown Kyiv Thursday after Ukrainian President Volodymyr Zelenskyy moved to dismiss Defense Minister Mykhailo Fedorov as part of a Cabinet shakeup that had already raised eyebrows for its timing. The reshuffle comes right as Ukraine is seen by many analysts as turning the tide slowly against Russia’s…
Investors in Kuramo Capital Management moved $458 million in African private-market assets to a continuation vehicle managed by Sango Capital, the investment firm led by former Bridgewater Associates partner Richard Okello. The assets were transferred from 2 Africa-focused funds that had passed their fund life and a 2019 fund, Kuramo Chief Executive Officer Wale Adeosun…
· Bank commits $20bn into Nigerian economy in the last five years President Bola Tinubu has charged the leadership of African Export-Import Bank (Afreximbank) to intensify efforts to mobilise and deploy the continent’s vast human, financial, and natural resources for the collective economic advancement of Africans. Tinubu said Africa’s drive for industrialisation could not remain…
The fishing sector has for generations been dominated by men with women being pushed to household chores. Overall, women in the fishing sector make up over half of the workforce but their roles are limited to processing, small-scale fishing and net-mending and marketing of fisheries. The UN Food and Agricultural Organization (FAO) estimates that globally…
South Africa has four banking MVNOs (Capitec Connect, FNB Connect, Standard Bank Connect and Nedbank Connect), and they’re all essentially running the exact same playbook. The logic is simple enough: use a mobile product to deepen the banking relationship, gather behavioural data between transactions and create sticky switching costs as a customer’s financial life grows….
For many South African universities, AI detection tools are only one component of a broader approach to safeguarding academic integrity. (Image source: 123RF) South African universities are adopting increasingly cautious positions on artificial intelligence detection tools. Some have discontinued their use, one has never adopted them, and many emphasise that AI-generated content detectors cannot be…
Rwanda and South Africa have agreed to take steps toward easing travel restrictions and improving mobility between their citizens, including progress on visa normalisation and efforts to address restrictions affecting Rwandan passport holders. The announcement was made on Wednesday, June 17, in Pretoria during a joint press conference by Minister of Foreign Affairs and International…
