Johannesburg, South Africa’s biggest city, needs R26 billion rand to stabilize power supply, Mayor Mpho Phalatse said. However, the city only has R7.7 billion for a budget that includes other …
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- AfricaFEATURED NEWSFinance & ServicesWestern Africa
IMF extends duration of aid programme for Somalia
The International Monetary Fund (IMF) has agreed to extend the duration of its financial aid programme to Somalia. The fund’s aid was due to end this month if a new …
- AfricaAirtelFEATURED NEWSInformation & TechnologyWestern Africa
Nigerian telcos lose 17,030 subscribers in nine months
Nigeria’s leading telecommunication companies lost over 17,000 subscribers between June 2021 and February 2022, data published on the Nigerian Communication Commission (NCC) website has shown. Details of data from the …
- FEATURED NEWSWestern Africa
Mine flood in Burkina Faso under investigation as search for eight workers drags on
Burkina Faso’s government has launched a judicial investigation into a flood at a zinc mine that left eight workers trapped, with rescue efforts entering a third week, it said. Canada-based …
- Eastern AfricaFEATURED NEWS
Family of Paul Rusesabagina “Hotel Rwanda hero” launches $400m lawsuit over his alleged abduction; Sues Rwanda Government.
The family of Hotel Rwanda hero Paul Rusesabagina has sued the Rwanda government and filed a $400m lawsuit in the US over his alleged abduction and torture. Rusesabagina is serving a 25 …
- Eastern AfricaFEATURED NEWS
The health system of the beleaguered region has “totally collapsed” says health officials and doctors there.
Health workers in Tigray told The New Humanitarian by phone that shortages are so acute they are using expired drugs to treat chronic conditions, while tens of thousands of patients …
After a difficult 2020 during which global investment plummeted due to the pandemic, 2021 emerged as a very successful year for both public and private markets, with various sectors recording …
- AfricaBusiness PoliciesFEATURED NEWS
African Powerhouses Struggle to Retain High Net Worth Individuals
Africa’s largest economies performed poorly in a global report ranking of 187 nations that appeal to High-Net-Worth Individuals (HNWI). The 2022 World Citizenship Report (WCR) found that Africa’s dominant nations …
Sundar Pichai, CEO of Google, disclosed during the African Union Summit Business Forum on Monday that the continent is moving toward a digital transformation. “Africa is increasingly becoming a place …
The Department of Employment and Labour (DEL) has expressed concern over illegal recruitment practices in South Africa, such as the hiring of immigrant foreign workers who are illegally residing in …