Rising - eriinfo

Africa: May Day – African Workers Decry Rising Inequality, ‘Vanishing Billions’ and Elite Control

eriinfo.com1 week ago05 mins

Organised labour under the African Regional Organisation of the International Trade Union Confederation (ITUC-Africa) has raised concern over what it describes as worsening inequality and economic hardship across the continent. Marking this year’s International Workers’ Day, ITUC-Africa warned that Africa is facing a growing imbalance in wealth distribution, where economic gains are increasingly concentrated among…

Africa

Africa: Renewables Rising, Part 1 – How Four Countries Are Reshaping Energy Security

eriinfo.com2 weeks ago09 mins

The ongoing insecurity in the Middle East, where a large proportion of the world’s oil and gas is extracted, is forcing many countries to focus on how they can ensure access to cheap and reliable energy supplies primarily through the use of renewable power sources. Why it matters: Some 20 per cent of the world’s…

Africa

Africa: Renewables Rising, Part 2 – Seeking Stability Amid Volatile Fossil Fuel Markets

eriinfo.com2 weeks ago09 mins

As global energy markets remain volatile and the price of oil high due to instability and conflict in the Middle East, more countries are looking at investing in renewables to shield their economies from the shocks caused by fossil fuel reliance, rein in import bills – and meet key climate action targets. Unlike oil and…

A populist consumer movement is rising to end ‘captive’ repair economy

eriinfo.com2 weeks ago020 mins

Ohio gubernatorial candidate Casey Putsch speaks with supporters at a campaign event in Toledo, Ohio, on Thursday, April 9, 2026. He is far behind in the polls, but Putsch is part of a nationwide message of economic populism and is promoting “right to repair” legislation. Sue Ogrocki | AP It used to be that if…

Africa

Africa: Rising Petroleum Prices Rattle Africa’s Insurance Outlook

eriinfo.com2 weeks ago06 mins

Kampala, Uganda — Insurance leaders across Africa are warning of a potential economic slowdown as surging global petroleum prices ripple through key sectors, driving up operating costs, inflation and financial risks because of the US-Israel war against Iran, which began on Feb. 28. Speaking at the 11th Continental Reinsurance CEO Summit in Kigali on April…

Africa

Africa: Dakar Hosts 10th Peace Forum Amid Rising Tensions Across Africa

eriinfo.com3 weeks ago05 mins

The Senegalese capital Dakar is hosting the 10th International Forum on Peace and Security in Africa on Monday and Tuesday – an anniversary edition taking place against a backdrop of major geopolitical shifts across the continent and competition over the continent’s resources. Thirteen years after its launch, the forum is being held in what organisers…

Unscrupulous trading platforms probed amid rising investor losses

eriinfo.com4 weeks ago011 mins

More than 10 investigations underway as the Financial Sector Conduct Authority highlights systemic risks in trading platforms. (Image created via Gemini) The Financial Sector Conduct Authority (FSCA) has intensified its scrutiny of online investment and trading platforms, with more than 10 active investigations underway, amid mounting consumer complaints. Speaking during a roundtable discussion last week…

Vietnam’s gig workers slammed by rising fuel costs amid fallout of Iran war | Business and Economy News

eriinfo.com1 month ago013 mins

Ho Chi Minh City, Vietnam – After a long day of ferrying passengers to and fro recently, e-hailing driver Nguyen was dejected to find he had spent half of his earnings on fuel. “I drove for around seven or eight hours, making around 240,000 Vietnamese dong [$9.11] and then I paid 120,000 Vietnamese dong [$4.56]…

Africa

Africa: Instant Payments Rising in Africa – Report

eriinfo.com2 months ago04 mins

A report by the AfricaNenda Foundation has stated that the growth of instant payment services in Africa is increasing, enabling inclusion of more people in the continent into the financial system. The foundation in its 2025 Annual Report, said the year was a breakthrough for Africa’s Inclusive Instant Payment Systems (IIPS) with record-speed national launches,…

Listed firms risk 30% share plunge amid rising cyber attacks

eriinfo.com2 months ago08 mins

AI is helping bring down the time to identify breaches. (Graphic by Nicola Mawson | Pexels) JSE-listed companies could lose as much as 30% of their share value following a crisis such as a cyber attack, in an environment where hacks are surging even as response times improve. Heino Gevers, senior director of technical support…