The European Union is expected to indefinitely freeze hundreds of billions of Russian funds held in Europe in line with a plan to use the cash to support Ukraine. The bloc’s members were expected to approve the plan on Friday to immobilise 210 billion euros ($246bn) worth of Russian sovereign assets for as long as…
MultiChoice listed on the JSE in February 2019. Video entertainment group MultiChoice is preparing for a new chapter, as it moves towards delisting from South Africa’s stock exchanges, following Canal+’s successful takeover. The shift marks one of the most significant shake-ups in the country’s media and broadcasting landscape in years, signalling the end of MultiChoice’s…
United Nations — The United Nations Security Council is expected to renew the mandate of the African Union Support Mission in Somalia (AUSSOM) before it expires at the end of December, officials said Monday. In addition to the mandate renewal, the Council will review updates to sanctions under resolution 2713 against Al-Shabaab, including maritime restrictions,…
TikTok is excited to unveil the musical powerhouses and creators bringing energy to the 2025 TikTok Awards Sub-Saharan Africa on 6th December. Guests, including the continent’s top content creators, brands, influential publishers, and leading journalists, are invited to an unforgettable evening of glamour. They can anticipate electrifying live performances from breakout artists whose music has…
An acute global shortage of memory chips is forcing AI and consumer electronics companies to fight for dwindling supplies, as prices soar for the unglamorous but essential components. Japanese electronics stores have begun limiting how many hard disk drives shoppers can buy. Chinese smartphone makers are warning of price increases. Tech giants including Microsoft, Google…
James Chaterand Laura Gozzi EPA Russian President Vladimir Putin will meet US special envoy Steve Witkoff in Moscow on Tuesday, after the White House said it was “very optimistic” about reaching a deal to end the Ukraine war. US President Donald Trump’s son-in-law Jared Kushner, who has acted as an outside adviser in diplomatic talks,…
Communications regulator Icasa this week issued a notice in the Government Gazette signalling its intention to review the process of telecommunications licensing in South Africa. This follows a policy directive from communications minister Solly Malatsi in August to this effect. The directive asked Icasa to launch an inquiry into the process for granting individual electronic…
Naspers and Prosus CEO Fabricio Bloisi. (Supplied) JSE-listed Naspers and its international arm Prosus are on track to deliver more than $7.3 billion – R126.44 billion – in revenue over the entire year, according to an interim results presentation this morning. This would represent an increase of around 1.4% on the top line year-on-year based…
Vaccine alliance Gavi and children’s agency UNICEF have struck a new pricing deal that will sharply cut the cost of a key malaria vaccine and make it possible to protect nearly seven million additional children by 2030, the agencies announced on Sunday. Under the agreement, the price of the R21/Matrix-M vaccine will fall to $2.99…
A Blue Origin New Glenn rocket is prepared for launch with Nasa’s EscaPade mission with two satellites to orbit Mars, from the Cape Canaveral Space Force Station in Cape Canaveral, Florida, US. Joe Skipper/Reuters Jeff Bezos’s space company, Blue Origin, said on Thursday it will build a bigger, more powerful variant of its New Glenn…
