- Zuwaira Isah-Ikharo is endeavoring to meet the needs of new moms in the West African region by providing products that are natural and non-toxic. Mothers shouldn’t have to choose between what works and what is good for their children. This is reportedly the premise behind American A-lister and self…
- TOPLINE Beyoncé’s “Renaissance” world tour—which launched with two nights in Stockholm last month—may have contributed to Sweden’s increased inflation rate in May, according to an economist from Danske Bank, after the tour resulted in increased hotel, restaurant and recreation prices. KEY FACTS…
- Gugulethu MahlanguFounder and CEO, House HarvestSouth Africa In 2018, Gugulethu Mahlangu went home to the rolling plains of the Highveld in South Africa. In a landscape dominated by livestock farmers, she planted cabbages, only to soon find them waterlogged. Counterintuitively, this first failure…
- AN IMPROBABLE ROUTE TO ESTABLISHING A SKINCARE EMPIRE Great things do start in unlikely places. Unknown to Faria Ichola at the time, the foundations for Belle Nubian were being laid as far back as 2009. Then, she worked as an Executive Assistant and Household Manager for an American A-list…
- It’s been just over six months since ChatGPT was launched on the world. Like every other transformative technology shift, it’s already prompting leaders to question how they do everything from drug discovery and investing to talent management and partnerships. And yet unemployment rates remain near…
- TOPLINE A vaccine for chikungunya—a mosquito-borne infection with similar symptoms to dengue and Zika—could finally be on the horizon after promising results from a late stage trial were published in the Lancet on Monday, a key towards tackling the emerging global health threat as climate change…
- South Africa grapples with a diplomatic quandary as it hosts this year’s BRICS summit amidst legal and trade tensions involving Russia, the US, and the International Criminal Court. South Africa appears to be considering the possibility of transferring its role as the host of this year’s BRICS (…
- The Securities and Exchange Commission is suing Binance, the world’s largest cryptocurrency exchange, its U.S. affiliate and founder Changpeng Zhao. Among the reams of evidence provided by the agency, which include employee text messages, testimonies of former executives and Binance’s audit…
- TOPLINE Facebook and Instagram’s parent company Meta has been testing its challenger to Twitter—internally dubbed “Project 92” and previously “Barcelona”—for months with celebrities and influencers, and gave employees a sneak preview this week. KEY FACTS Meta told tech journalist Casey Newton in…
- Spencer HorneFounder and CEO, CloudlineSouth Africa Savoring the mild nippy weather in New York City, a far cry from South Africa’s autumn sun, Spencer Horne seems to have come full circle. The Spencer Horne who was born in the small community of Kales River, Cape Town. The Spencer Horne who, from…
- TOPLINE Tesla CEO Elon Musk reclaimed his throne as the richest man on earth Thursday, wrestling the title away from LVMH chairman Bernard Arnault as shares of Musk’s electric vehicle giant surged to their highest level this year. KEY FACTS Tesla stock rallied 4.6% to $235 in Thursday trading,…
- The most welcome news on May 8 was the announcement by the World Health Organization (WHO) that Covid-19 is no longer a global emergency. While the stand-down siren has been sounded, we must remain vigilant and take precautions as there are still thousands of people around the world contracting…
- With the era of low interest rates and ample liquidity coming to an end, some of the world’s richest families have made (or are planning to make) major shifts in asset allocation, the new 2023 UBS Global Family Office Report shows. The survey, released today, covers 230 “family offices,’’ each…
- Boeing is partnering with Equatic, a Los Angeles-based startup that removes carbon from the ocean, in a first-of-its-kind deal to buy a massive amount of carbon credits and green hydrogen that’s likely worth at least $50 million. Under the five-year arrangement, Equatic will remove 62,000 metric…
- Gaurav Dhar, the savvy tech investor and second generation fintech entrepreneur from Dubai, has a keen eye on the sector in Africa, saying the continent will see larger and larger funds coming into enabling environments – and there are also some lessons from the Middle East. At the Dubai Fintech…
- TOPLINE Apple announced that its new 15-inch MacBook Air—the world’s thinnest 15-inch laptop, according to Apple—will be available starting next week, marking a middle-price point offering for the company that previously had a significant price difference between its smaller MacBooks and larger…
- Zimbabwe’s Parliament recently passed the controversial Patriotic Bill, raising concerns about its impact on democratic freedoms and international relations. Critics argue that the law, which penalizes actions seen as undermining national interests, curtails freedom of speech, association, and…
- How many illusionists does it take to do magic? Just one will do the trick. And his name is Brendon Peel. From bespoke product launches in Africa to headlining cruise ship theaters in Australia, and from featuring in festivals in Dubai to starring on international TV shows in London, South Africa’s…
- Swimming sensation Chad le Clos, also a former FORBES AFRICA 30 Under 30 list-maker, is getting back to his best just a year out from the Olympic Games in Paris and feels he still has a lot to give. South Africa’s prince of the pool Chad le Clos has, by his own admission, had a […]
- Improving yield, efficiency and profitability in agriculture comes down to the harvesting of technology. At its forefront are the agritech innovators bringing transformative change to the continent’s green economy. FORBES AFRICA profiles some of Africa’s biggest agripreneurs, inventors, and…
- Over 6,000 murders in three months. Recent crime statistics point to underlying social tensions, wealth inequality, organized crime, and scrutinize the government’s response, including police reform and crime intelligence in South Africa. South Africa’s Minister of Police, Bheki Cele, recently…
- From conscious consumerism to empowering South African women with knowledge and skills–this is the impact that every rand has at AMAZI, the social impact organization. The theme for International Women’s Day 2023 is all about embracing equity and why equal opportunities are not enough. This theme…
- Salima Mukansanga boasts many historic firsts. We look back at our interview with Salima Mukansanga, the international football referee from Rwanda who is also a listed referee for FIFA since 2012 and continues to make waves. In 2019, she was an official at the FIFA Women’s World Cup in France. In…
- Consumer research indicates that South Africans are suffering under high levels of inflation, with food products amongst the most affected. Consumer retailers are also feeling the knock-on effect. Loadshedding, repo rate increases and global politics are a confluence of pressures upon South…
- TikTok has stored the most sensitive financial data of its biggest stars — including those in its “Creator Fund” — on servers in China. Earlier this year, CEO Shou Chew told Congress “American data has always been stored in Virginia and Singapore.” Over the past several years, thousands of TikTok…
- The just-concluded Basketball Africa League saw influential figures from the NBA and global basketball community coming together in Rwanda to celebrate the growth of the sport on the African continent. Egypt’s Al Ahly team won the 2023 Basketball Africa League (BAL) Finals, beating Senegal’s AS…
- TOPLINE Ugandan President Yoweri Museveni signed a law Monday that threatens life sentences or the death penalty for those engaging in same-sex activities, renewing international concerns over human rights that could cause Western powers to cut off millions of dollars of aid to the African nation.…
- This is the first year the Ocean Race has been attempted since 2018, with 11 boats taking part in a journey expected to last six months, finishing early July. During the Ocean Race stop in Cape Town, South Africa, recently, French sailor Kevin Escoffier spoke about how you discover more about…
- Are you someone who loves to travel and explore new destinations around the world? If so, you’re going to want to learn more about the Radisson Rewards, which unlocks a range of benefits for members when they stay at hotels within the Radisson Hotel Group. With Radisson Rewards, you can take…
- As bank failures rattle investors and test regulators, it’s time to rethink America’s financial system. One old solution, despised by regulators, might be just what the doctor ordered. Nestled on the second floor of a suburban office building in Fairfield, New Jersey, not far from Interstate 80 and…
- Africa is a place like no other, and its economy has its own unique characteristics. It’s a continent of massive opportunity, but that comes with a unique set of challenges – especially when it comes to financial inclusion. This is true for South Africa too, a country with a large informal sector,…
- Behind the sandbags, blast barriers, barbed wires and high walls, are impressive modern buildings in Somalia’s capital city. Despite the country struggling with war and drought, there is a strong pride in being Somali. Mogadishu, the capital of Somalia, is reportedly one of the most dangerous…
- TOPLINE Although AI has become popular in recent months for its ability to perform advanced tasks and make life easier, there’s also increasing concern it can be used negatively, creating racial biases in the fields of healthcare, law enforcement and big tech. KEY FACTS Joy Buolamwini, a researcher…
- The global fragrance market is projected to grow to over $50 billion in 2025 (Statista.com). This, however, was not the reason Thamani Thothe decided to venture into the fragrance industry. For her, it was a mixture of genetics and the simple love of perfumes. “Entrepreneurship runs in my blood. My…
- TOPLINE Eric Schmidt, who served as Google’s CEO from 2001 to 2011, said Wednesday that artificial intelligence could cause people to be “harmed or killed” amid possible “existential risks,” adding to concerns from other tech executives over the development of AI. KEY FACTS Schmidt, who spoke…
- Top Line Buckingham Palace in the United Kingdom (UK) has yet again reportedly declined a request to return the remains of an Ethiopian prince, Prince Dejatch Alemayehu, who came to be buried at Windsor Castle in the 19th Century. The re-emergence of this subject has caused a furore on social media…
- TOPLINE Netflix users in the U.S. will no longer be able to share accounts with others who don’t live with them, the company announced Tuesday, after the same password crackdown was instituted in four other countries earlier this year. KEY FACTS Netflix told U.S. users an “account is for use by one…
- A recent cholera outbreak outside the administrative capital of Tshwane has led to at least 15 deaths and dozens hospitalized. While the source of the outbreak is yet to be confirmed, residents and analysts point to long-running water quality and supply issues in the area as a failure of service…
- Botswana-based cosmetics company, White Label Fragrances, has firmly cemented its presence and brand strength on home ground and now, according to Thamani Thothe, Founder and Creative Director, is set on growth and expansion into the rest of Africa and beyond. The company, led by the dynamic and…
- Research indicates that 70% of generational wealth gets depleted by the second generation, and 90% by the third. Standard Bank Wealth and Investment SA understands the importance of successful generational wealth transfer, and believes that it is vital to educate the next generation on the…
- TOPLINE Facebook’s parent Meta has been ordered to pay a record $1.3 billion (€1.2 billion) fine by the European Union, for failing to adhere to the bloc’s stringent privacy rules, in the latest severe financial penalty handed to an American tech giant by the EU. KEY FACTS The ruling was issued by…
- March 1 marked the beginning of my term as Rector of the United Nations University (UNU). Along with my initial excitement and ambition is the recognition that I am starting my Rectorship in an era definedby our shared efforts to address immense challenges — climate change, lasting peace,…
- The future of finance is balance–a combination of both the digital and the human element to create a cohesive ecosystem that connects people to solutions that are customized to suit their needs. As McKinsey puts it, physical channels are evolving to become the bank’s brand ambassadors, focused on “…
- TOPLINE Instagram has been secretly testing a text-based app similar to Twitter for months with celebrities and influencers and is preparing to launch it as early as June, Bloomberg reported Friday, as some people look to leave Twitter due to changes made under CEO Elon Musk. KEY FACTS The app will…
- South Africa is set to surpass carbon emission goals, but for the wrong reasons. Loadshedding and the subsequent impact on heavy industry have, ironically, proven to be a boon for the environment. South Africa’s unexpected emissions victory is a silver lining in an otherwise dark cloud. South…
- Nigerian teen golf prodigy Iyene Essien is focused on her goal to become ‘the female African Tiger Woods’. She has been acing her game from when she was six. By Peace Hyde When Tiger Woods won the prestigious Arnold Palmer Invitational, a professional golf tournamenton the PGA Tour, in 2012 for the…
- TOPLINE A panel of independent experts on Thursday recommended the Food and Drug Administration approve an RSV vaccine by Pfizer designed to protect babies by vaccinating pregnant parents, potentially paving the way for the first RSV shot for infants—weeks after the agency approved the country’s…
- After two months of testing its new natural language-based AI tool Copilot with 20 large companies, Microsoft announced an expanded preview of the feature on Tuesday for 600 customers, widening access to a tool embedded in its Office application that was initially met with reviews as a game-changer…
- By Paula Slier The humanitarian crisis in Sudan is worsening by the day and within the first month of violence, erupting on April 15, at least 700 people have been killed…and counting. Those fighting vow to do so until death–or at least until they’re exhausted or one of the sides has a military…