AI’s potential to disrupt businesses has sparked concerns over the dependency of US equity valuations on long-term growth forecasts, particularly in the software sector, Goldman Sachs said. “Terminal value” — a company’s worth beyond the next 10 years based on estimated earnings — accounts for about 75% of the S&P 500’s equity value, near a…
Srikanth Nellore, senior director of product management at Zscaler. Cloud-native security provider Zscaler has joined the list of sponsors for the annual ITWeb Security Summit 2026 in Johannesburg, where it will deliver a presentation on enabling agentic AI-data security. Zscaler operates the AI-powered Zero Trust Exchange to protect users and applications. Its core business is security…
Nairobi — The Horn of Africa is facing a “dangerous crossroads” marked by interconnected conflicts and rising geopolitical competition, the Executive Secretary of the Intergovernmental Authority on Development, Workneh Gebeyehu, warned on Tuesday, calling for urgent reforms to mediation strategies as wars in the region grow more fragmented and prolonged. Speaking at the IGAD Mediation…
The Namibian government is doubling down on aviation infrastructure as part of its growth strategy, with Works and Transport Minister Veikko Nekundi highlighting major upgrades at Hosea Kutako International Airport, including a third terminal and plans for a new national carrier, Namibia Air. “These developments are critical to ensuring that Namibia remains competitive and capable…
Nairobi — President William Ruto has urged African countries to mobilise domestic capital to finance infrastructure development, warning that continued reliance on foreign funding is slowing down progress and undermining the continent’s long-term development agenda. Speaking during the opening of the Africa We Build Summit in Nairobi, Ruto said Africa’s development ambitions risk remaining unfulfilled…
A stark warning from the World Bank has laid bare a growing crisis across Africa: economies are simply not expanding fast enough to create jobs for millions of young people entering the workforce each year. Speaking at the Spring Meetings held alongside the International Monetary Fund, World Bank Vice President Ndiamé Diop said the continent…
Top negotiator Mohammad Bagher Ghalibaf says US naval blockade of Iran’s ports is ‘a clumsy and ignorant decision’. Published On 18 Apr 202618 Apr 2026 Iran’s Islamic Revolutionary Guard Corps Navy (IRGC) says the Strait of Hormuz is closed and that any ship that attempts to pass through the waterway will be targeted, a dramatic…
Iranian officials urged youths to form human chains around power plants to protect them on Tuesday, as the latest deadline set by President Trump for Iran to reopen the Strait of Hormuz drew closer. Mr. Trump has threatened to bomb all of Iran’s power plants and bridges if the regime does not meet his 8…
[RFI] The United Nations has launched its first global panel on artificial intelligence, as concerns grow that the technology could deepen global inequalities – particularly in Africa, where systems are largely imported after being shaped elsewhere.
Satellite view of the Strait of Hormuz, a critical chokepoint for global energy supply, connecting the Persian Gulf to the Gulf of Oman. Gallo Images | Getty Images Oil prices rose on Sunday with U.S. crude topping $114 per barrel, after President Donald Trump gave Iran until Tuesday to open the Strait of Hormuz or…
