Business News
South African Economy Feels Cost of Anti-Immigrant Sentiment
South Africa is suffering a drop in its workforce, following the departure of thousands of foreign workers in the wake of a wave of xenophobic attacks, anti-migrant protests and intensified immigration enforcement. South African farmers are sounding the alarm – such as Lloyd Hadebe, deputy president of the Farmers’ Association in KwaZulu-Natal, the region hardest…
Tanzania: Govt to Review Over 1,000 Laws to Attract Tech
Dar es Salaam — THE government plans to review more than 1,000 laws to create a regulatory framework capable of supporting artificial intelligence, digital commerce and technology-driven investment as it seeks to make Tanzania’s economy more competitive. The review is expected to cover laws governing digital financial transactions, e-commerce, companies and public-private partnerships, providing greater…
Africa Cannot Stop Middle East Wars — But It Can Cut Its Fuel Bill
As tensions escalate again across the Middle East, global oil markets are entering another period of uncertainty. Even the threat of disruptions to tanker routes or energy infrastructure in the region can send crude prices sharply higher. Much of the world’s oil still moves through the strategic maritime chokepoint of the Strait of Hormuz. Any…
South Africa: Energy Transition a Matter of Survival – President Ramaphosa
The climate transition is not only a developmental goal for South Africa, but a matter of survival for humanity and the globe. This is according to President Cyril Ramaphosa, who chaired the virtual inaugural meeting of the newly elected Presidential Climate Commission on Friday. “Climate change is an existential threat to the future of humanity…
U.S. Cutting Aid to Seven African Countries – Report
Cape Town — The Trump administration is canceling humanitarian aid programs it previously identified as lifesaving, according to an internal State Department email obtained by The Atlantic. The new round of cuts will reportedly end all U.S. humanitarian funding in seven African countries — Burkina Faso, Cameroon, Malawi, Mali, Niger, Somalia, and Zimbabwe — in what officials describe…
Africa Education Congress (AEC) 2025
Africa stands at a defining moment in its educational journey. With the continent’s youthful population projected to double by 2050, education is not just a developmental imperative but the most powerful lever for shaping Africa’s future in the global economy. Yet, Africa’s education systems face critical challenges—ranging from outdated curricula and skills mismatches to limited…
Morocco’s Alleged Dollar Diplomacy Yields Dividends
More and more countries – and former SA President Jacob Zuma – are backing Rabat’s plan for autonomy for Western Sahara. Former South African President Jacob Zuma’s visit to Morocco and endorsement of its continued occupation of Western Sahara as an autonomous region, have rekindled debate about this contentious and ongoing issue. Zuma, who now…
Tanzania: Govt Bans Foreigners From 15 Business Activities
Dar es Salaam — THE government has banned non-citizens from engaging in 15 types of business activities, following rising concerns over the growing presence of foreign traders in local markets. The government ban aims at protecting local entrepreneurs and ensuring that small-scale business opportunities remain accessible to Tanzanian citizens. The decision was formalised through Government…
Deep-Sea Mining May Spark Ecocide, And It Hasn’t Even Begun
The ocean comprises 70% of the planet and has a profound impact on all life on Earth. It regulates the global climate, produces most of the oxygen we breathe, absorbs carbon dioxide, and supports a vast network of life that sustains ecosystems and our planet’s life support. It also acts as the largest ‘carbon sink’, a vital buffer…
Mauritania’s Sidi Ould Tah Elected African Development Bank President
Mauritanian candidate Sidi Ould Tah was elected president of the African Development Bank on Thursday, securing a decisive victory over his Zambian opponent Samuel Munzele Maimbo in the third round of voting. Ould Tah succeeds Nigeria’s Akinwumi Adesina as the head of Africa’s leading financial institution. Formerly the president of the Arab Bank for Economic…
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