Mogadishu, Somalia – Somalia President Hassan Sheikh Mohamud on Tuesday officially opened the 2nd East African Community Cooperation Conference (EACON2025) in Mogadishu, marking another milestone in the country’s growing role within the East African bloc. In his keynote address, President Mohamud highlighted Somalia’s historic legacy as a hub of trade and seafaring along the Indian…
Daniel Ek, the founder and CEO who built Spotify into a global streaming leader, will step down from his executive position in January to become the company’s Executive Chairman. The move is part of a major structural overhaul that introduces a co-CEO model as Spotify intensifies its efforts to fend off competitors and shore up…
Washington — The World Bank Board of Executive Directors approved a Disaster Risk Management Development Policy Financing (DPF) with a Catastrophe Deferred Drawdown Option (Cat DDO) for the Government of Rwanda, aimed at building stronger systems to anticipate, prepare for, and respond to disasters, protecting both lives and livelihoods. Rwanda faces increasing vulnerability to climate-related…
International body says mishap appears to have been caused by accidental triggering of built-in safety mechanism. Published On 24 Sep 202524 Sep 2025 Click here to share on social media share2 Share The United Nations has been forced to issue a statement offering an innocent explanation for an escalator malfunction involving US President Donald Trump…
Founder and CEO of Yoco, Katlego Maphai, will step down from his executive role but will remain actively involved in initiatives supporting small business development. Yoco’s founders | Image source: Yoco Co-founders Lungisa Matshoba and Bradley Wattrus have been appointed as co-CEOs. Matshoba will focus on product innovation and growth, while Wattrus will oversee governance…
Sars commissioner Edward Kieswetter The South African Revenue Service is sticking to its guns over taxing social influencers and plans to conduct outreach programmes so that they know what is expected from them. No matter how influencers are remunerated – whether with products, services or travel – all of these are deemed as income according…
Cobus Stofberg in an undated file photograph, likely taken in the 1990s, on the roof of MultiChoice’s broadcast centre in Randburg, Johannesburg. Image: MultiChoice Group Cobus Stofberg, a veteran of television broadcasting and media in South Africa – and a member of the founding team of M-Net and MultiChoice Group – is stepping down from…
Anushka Bogdanov, founder of Risk Insights. Anushka Bogdanov, who has been the subject of a Johannesburg Stock Exchange (JSE) censure, is “stepping down” from Risk Insights, the company she founded. In her stead, former Public Investment Corporation (PIC) chief investment officer and CEO Dr Dan Matjila will join Risk Insights as a director. This, after…
The Speaker of Parliament, Alban Sumana Kingsford Bagbin, has urged African parliaments to take urgent steps to address the digital divide between countries and regions, citing the technological gap between the parliaments of Rwanda and Ghana as an example. He indicated that the uneven access to modern technology and digital tools across the continent was…
Veronica Motloutsi and Alex Opoku-Yeboah, SmartDigital Solutions. SmartDigital Solutions, which positions itself as a leading African digital transformation company, today announced a strategic leadership transition to strengthen its growth and innovation trajectory across the continent. Founder and outgoing Chief Executive Officer, Veronica Motloutsi, will step down as CEO to assume the position of Chairperson of…
