Kenya’s Financial Crisis is Reaching Unfathomable Heights
As the effects of the Russia-Ukraine war continue to take a toll on Kenya’s economy, the country’s National Treasury Cabinet Secretary, Njuguna Ndung’u, has advised citizens to brace themselves for difficult times ahead. Kenya’s cost of living has reportedly experienced a significant increase, with inflation reaching 9.1% in December. In response to this economic crisis, […]
Harare Bans Health Workers from Striking
Zimbabwe has brought in a law banning health workers such as nurses and doctors from prolonged strikes, imposing punishments of up to six months in jail for defiant workers or union leaders. The provision, signed into law by President Emmerson Mnangagwa last week but made public on Wednesday, stipulates that health workers can strike for […]
Shocking Display by Soldiers in Mozambique
The chairperson of the Southern African Development Community (SADC) on politics, defence and security – Namibian President Hage Geingob, has launched an investigation into an incident involving regional soldiers tossing bodies onto a pile of rubble in Mozambique. It’s believed the incident took place in late November. The SADC Mission in Mozambique (SAMIM) was deployed […]
Dakar Launches Device Set Up to Decongest the Country’s Places of Detention
The Senegalese justice system has for the first time placed two defendants under electronic bracelets instead of sending them to prison. The two people on the electronic bracelet are charged with “criminal conspiracy, attempted fraud and use of forgery in an administrative document,” the daily L’Observateur reported Thursday. They will wear the bracelet while the […]
Refugees Accuse Rwanda and the UNHCR of Starvation
The UN has rejected the accusation, saying it is doing its best to provide aid during difficult economic times. Food rations have not only been reduced in the Mahama Refugee Camp near the Tanzanian border, but they have also been delayed. It can take up to two to three months, one distressed camp resident told […]
South Africans Will be Paying More for Less Electricity
The National Energy Regulator of South Africa has allowed beleaguered power utility Eskom, to raise its tariff by nearly 19%. This is despite the country currently facing up to 10 hours a day of load shedding as the state-owned company struggles to keep the lights on. The increase will come into effect in April. While […]
How to Launch an Fintech Firm in 2023
Anyone looking to launch an African startup in 2023 must be sorely tempted to do so in the fintech space (provided they have the relevant background and expertise). After all, fintech has been on something of a streak on the continent. Most of the continent’s unicorns (startups valued at over US$1 billion) are, for instance, […]
Welcoming Remarks and Special Address | Davos 2023 | World Economic Forum
Welcoming Remarks and Special Address from Klaus Schwab at Davos 2023. The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of […]
