Micron CEO Sanjay Mehrotra speaks at a groundbreaking ceremony for the company’s semiconductor manufacturing facility in Clay, New York, on Jan. 16, 2026. Heather Ainsworth | Bloomberg | Getty Images Micron‘s revenue more than quadrupled in the fiscal third quarter, the company said on Wednesday, as the memory maker continued to benefit from soaring demand…
Questions are mounting over the Southern African Development Community’s response to rising Afrophobic violence in South Africa after a highly anticipated report on the crisis was quietly withdrawn from the agenda of an Extraordinary Organ Troika Summit, denying regional leaders the opportunity to formally deliberate on one of the bloc’s most sensitive and pressing issues….
Africa’s displaced population is generating an estimated $27 billion (about Shs100 trillion) in annual income, according to a new report by the Amahoro Coalition, which challenges the long-held view that refugees and internally displaced persons are solely dependent on humanitarian aid. The report, titled The Opportunity in Displacement: Africa’s Untapped Investment Frontier, argues that the…
Climate change related extreme weather events killed 3,000 people in Africa in 2025 says new report Sea-level rise along African coasts from 1999 to 2025 exceeds the global average of 3.6 mm per year in several regions. PHOTO/WMO. By PATRICK MAYOYO Extreme weather and climate-related events affected at least 13 million people and led to…
Africa’s 43.1 million displaced people generate an estimated $27 billion (Shs99.9 trillion) in annual income, according to a new report released by the Amahoro Coalition, challenging perceptions that refugees and internally displaced persons are solely dependent on humanitarian assistance. The report, titled The Opportunity in Displacement: Africa’s Untapped Investment Frontier, argues that displaced populations represent…
Since 2020, more than 75 per cent of new power capacity added globally has come from renewable sources. PHOTO/FILE By SPECIAL CORRESPONDENT Scientists say the Earth is likely to shoot past a key global warming target within the decade, bringing the planet ever closer to a full-blown climate catastrophe. The good news? Several climate-friendly technologies – like…
Global trust in news falls to lowest level since 2015, Reuters Institute 2026 report warns In 45 countries, online video now surpasses broadcast television as a source of news. By TECH CORRESPONDENT Trust in news has fallen to its lowest level globally since records began in 2015, according to the latest Reuters Institute for the…
New FAO Report: Seafood trade soars to record $184bn, but sustainability gap widens Aquaculture now provides 53 percent of total aquatic animal production and over 59 percent of aquatic animal food output. PHOTO/FAO. By PATRICK MAYOYO Aquatic animal products have reached a new economic peak, with trade soaring to $184 billion and matching the scale…
Vodacom Group published its annual report on Friday – and nowhere in it, nor in the accompanying annual financial statements, is there any disclosure of what it paid to settle the “please call me” dispute, the matter that dominated the company’s legal agenda for the better part of two decades. The integrated report is not…
Nairobi — A new report examining the economic impact of oil and gas production in Africa has found that fossil fuels have failed to deliver sustained or inclusive economic development, observing that the resources have contributed to economic vulnerability and inequality and have constrained growth through prohibitive commodity prices, inflation, and weak local currencies. It…
