The rand gained further ground on Monday, supported by higher gold prices as local investors look towards the year’s last bit of economic data for clues on the health of South Africa’s economy. Shortly after 2pm, the currency was trading at R16.78/US$, continuing a firming trend that started in April. The rand is now at…
Amid severe UN budget cuts and US disengagement, the resolution’s survival depends on creative diplomacy and stronger African ownership. The United States of America’s (US) retreat from multilateralism has put the financing of multinational peacekeeping to the test. This is most vivid in the implementation of United Nations Security Council Resolution (UNSCR) 2719 – a…
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed its leadership as one of the continent’s most innovative and resilient financial institutions, as the bank has, for the third time in five years, been named the African Bank of the year 2025 by the Banker.com. UBA also won the Best Bank…
It’s been just three years since ChatGPT launched, but it feels like a lifetime. The tech has exploded, not just with new models and capabilities, but with entirely new ways of working, creating and thinking. The pace of change has been staggering In September 2022, Queen Elizabeth had just died, the war in Ukraine was…
As ComzAfrica celebrates its 15th anniversary, the home-grown technology company reflects on a decade and a half of shaping digital financial services across the continent. Founded in 2010 by three Rwandans, ComzAfrica has grown from solving airtime distribution challenges to powering digital lending, payments, electricity access, and essential utilities for millions of Africans. Now active…
Vodacom has finally overcome the last regulatory hurdle in its long and troubled attempt to acquire a stake in Maziv, four years after they first agreed to the transaction. The mobile telecommunications giant confirmed in a statement to investors on Wednesday that the transaction now has the green light from communications regulator Icasa. The company…
It wasn’t a comfortable process for the tens of thousands of delegates trying to hash out progress on climate change on the edge of the Amazon in Belém, Brazil. I experienced the challenges of the United Nations COP30 climate talks firsthand. Delegates were hot and sweaty. Tech and aircon didn’t always work. Both flood and…
Justice Department prosecutors accused Grammy-winning rapper Pras Michel of betraying his country for money. A United States district judge has sentenced Prakazrel “Pras” Michel, a member of 1990s hip-hop group the Fugees, to 14 years in prison for illegally funnelling millions of dollars in foreign contributions to former US President Barack Obama’s 2012 re-election campaign….
Outgoing Reunert CEO Alan Dickson Alan Dickson, CEO of JSE-listed electrical, electronics and technology group Reunert, will step down from his position at the end of February 2026. Reunert announced Dickson’s departure – and the appointment of his successor – on Thursday following the release of Reunert’s results for the year ended 30 September. “After…
After Spain’s first fully fledged modern democracy and Second Republic began in 1931 despite ferocious opposition from hardline conservatives, Franco began a right-wing military rebellion on July 18, 1936, to put an end to its political and social reforms. Despite backing from fascist Italy and Nazi Germany, his uprising encountered greater resistance than expected from…
