- On December 6, Friedrich-Ebert-Stiftung (FES), a non-profit German organization with operations in South Africa, launched the Lindiwe Mabuza Space, a new conference facility, in the country. The launch commemorated a year since the passing of Lindiwe Mabuza, the distinguished South African diplomat…
- TOPLINE China announced broad changes to its zero-Covid policy on Wednesday, a major policy shift and a significant step towards reopening as pressure on officials to reassess the increasingly unsustainable policy mounted amid widespread public discontent and ongoing economic harm. KEY FACTS China…
- When will the lights come back? South Africa experienced 2,409 cumulative hours of power cuts by November this year, forcing many small businesses to use generators, or eventually close. LOAD SHEDDING, UNSURPRISINGLY, IS THE 2022 South African ‘word of the year’ announced by the Pan South African…
- Read on if you want to work as an Executive Vice President at Global Trade Bank, a division of Afreximbank managing a large and diverse portfolio and boosting Africa’s trade with the world. African Export Import Bank (the bank) was established in October 1993 by a treaty signed and ratified by…
- TOPLINE Oil prices spiked early Monday, paring last week’s dip to their lowest level since early January, as markets held their breath about Russia’s reaction to the price cap on its oil exports implemented Monday by the U.S., European Union and its allies and priced in stronger demand from China…
- ElonMusk has received praise for his attempts to tackle Twitter’s long-documented child exploitation problems. Yet Forbes finds many users who appear to be trading egregious illegal content. Last week, influential podcaster Liz Wheeler, who describes herself as “unapologetically one of the…
- Francis Dufay, the Acting CEO of Jumia Group, on how it became Africa’s leading e-commerce platform. By Marie Shabaya Africa’s veteran unicorn, Jumia Group, made waves in 2019 when they became the first technology company from the continent to list on the New York Stock Exchange (NYSE). Today, they…
- It was wonderful to see the revival of the Forbes Global CEO conference that was held post Covid in Singapore in October this year. It was great to reconnect with global leaders as well as meet Forbes’ extended family from different parts of the world. The highlight of the event was the declaration…
- From financial ruin to jail time, here are the big billionaire downfalls that compete with Sam Bankman-Fried’s $17 billion FTX collapse. The world watched in shock last week as the floor fell out from under Sam Bankman-Fried. Over the course of just a few days, the 30-year-old founder and former…
- Significant outcomes from the United Nations Climate Conference of the Parties (COP27), held in Egypt from November 6-18, included a historic Loss and Damage Fund, the initiation of the adaptation agenda to build resilience for four billion vulnerable people by 2030, as well as the approval for…
- “We are a country where investments are secure and protected under a governance system. Ghana is ready for business and a land of opportunity for private capital and is creating a business-friendly economy.Nana Akufo-Addo, President of Ghana Located at the centre of the world where longitude zero…
- Broadening the financial services landscape from Lagos, Chris Maurice is the 26-year-old helming one of Africa’s fastest-growing cryptocurrency companies. For the past two years, the theme in the financial services sector has been the evolution of digital payment systems. Cryptocurrency exchange…
- Michelle Akande, Vice President of Global Access Financing at Pfizer outlines why building connections across the global health community and developing new solutions has never been more important, especially for Africa. We are living in an era of unacceptable juxtapositions. In 2015, a report…
- TOPLINE French soccer referee Stéphanie Frappart will make history Thursday when she leads the first all-female refereeing trio in a men’s World Cup match—the latest in a series of records and tournament firsts happening in Qatar. KEY FACTS Frappart will be joined by assistants Neuza Back from…
- Developed and operated by the Gauteng IDZ Development Company, the OR Tambo International Airport Special Economic Zone is competitively located at or in proximity to OR Tambo International Airport. In support of its competitive location, the value proposition of this SEZ is centred around the…
- TOPLINE As 2022 comes to a close, music streaming giants Pandora and Apple Music have released their lists of the top music of the year, with Latin artist Bad Bunny dominating both charts, alongside songs from Future, Drake and Tems and Justin Bieber and The Kid Laroi—here’s a guide to the most…
- William Sachiti, the Zimbabwean UK-based serial entrepreneur and founder of Academy of Robotics, is finding tech solutions for the world’s needs. William Sachiti was very young when he had an epiphany that would completely transform his outlook on life. He would spend his summer holidays visiting…
- Leveraging Google’s Artificial Intelligence (AI) functionality, Deep Learning Café is helping Renergen use the data they have to streamline the process of searching for natural gas. At the start of 2022, a report on the role of gas in South Africa’s path to net-zero carbon emissions explained that…
- TOPLINE Shares of Swiss banking giant Credit Suisse tumbled to a new record low Monday after the company warned last week it faces a billion-dollar profit shortfall this quarter—intensifying a weeks-long collapse spurred by speculation the bank, long embroiled in worrisome scandals, could face a…
- Dr Daniel M. NGAMIJE, Rwanda Minister of Health We were all caught off guard when Covid-19 struck and all feared the worst, with Africa not being spared. At the crossroads of fragile health systems and inadequate funding for health services, the pandemic was clearly going to take a heavy toll on…
- TOPLINE Apple may fall short of its production target for its flagship iPhone 14 Pro models by nearly 6 million units worldwide, Bloomberg reported Monday, after workers at the world’s largest iPhone manufacturing plant in Zhengzhou, China, protested delayed bonus payments, poor living conditions…
- Encountering one of the last hunter-gatherer tribes of Africa. BY RAMDAS IYER WHILE HUNTER-GATHERER SOCIETIES ARE found the world over, one among the last few in Africa are the Hadza of Tanzania. On a recent trip to Tanzania, I spent a day with the Hadza people to study their preferred non-…
- Dubai International (DXB), the world’s busiest airport by international passenger numbers, has announced a robust Q3 with prospects for a stronger Q4. In addition, the airport says it has recorded “tremendous growth” in traffic between DXB and the African continent, making it the third busiest…
- WITH THE Great Resignation beginning to fade into the background, a new kerfuffle is brewing and threatening workplace productivity. Rather than moving onto another employer, some workers are choosing to stay put and “quietly quit” – putting in minimum effort while on the job so work does not take…
- TOPLINE JPMorgan Chase and Deutsche Bank have been accused of profiting from and facilitating the sexual abuse of young women and girls by late financier Jeffrey Epstein, according to two lawsuits filed on Thursday, the latest effort to target the people and institutions surrounding Epstein as New…
- TOPLINE The hashtag #BoycottTampax trended in the U.S. on Twitter on Tuesday after the menstrual product company made a joke about being “inside” its users, with some accusing the brand of “sexualizing” those who get periods, and others expressing anger at the company for using gender-neutral…
- It is often said that women’s football will not develop and grow until teams are given more international fixtures to play, and Zambia’s Copper Queens are the shining example of this. One of their current stars is goal-scoring midfielder Ireen Lungu. ZAMBIAN WOMEN’S FOOTBALL HAS SEEN A meteoric…
- Dr Owusu Kizito, Founder and CEO of INVESTIGROUP is helping entrepreneurs, as well as improving business profits through tax, accounting and business consulting, as well as building affording housing in Ghana to help lower income families. Private equity (PE) may be the best option for most…
- TOPLINE People who eat or drink foods with antioxidant flavonols could experience a slower rate of memory decline, according to a study published in the medical journal Neurology Tuesday, as an estimated 6.5 million Americans aged 65 or older are living with Alzheimer’s. KEY FACTS The study,…
- Eleven countries, 31 cities and 41 days – Nigerian adventurer and professional motorcyclist Kunle Adeyanju on the tough terrain and temperatures he had to endure, and he almost meet his maker along the way. What does Mt Kilimanjaro, the Sahara Desert and the Spanish Coast have in common? Nigerian-…
- Wall Street billionaires Carl Icahn, Ken Griffin, Israel Englander and Daniel Loeb can thank Elon Musk for what might be 2022’s easiest money trade. For many hedge funds, Elon Musk’s $44 billion “forced” purchase of Twitter represented an easy money trade. “You didn’t have to be a genius to realize…
- It’s FORBES AFRICA’s 11th birthday, and we have rounded up a team of stellar African footballers who we believe have been the best from the African continent since 2011. By Nick Said GOALKEEPER Édouard Mendy (Senegal)The 30-year-old gloveman was a late starter and playing Ligue 2 football in France…
- TOPLINE The U.S. men’s team returns to the World Cup for the first time since 2014 this week as games begin in Qatar — here’s how much American players are set to earn (spoiler: it gets really interesting only if the team pulls off historic upsets) and how that compares with some other competing…
- By Paula Slier The battle over Africa’s future energy infrastructure emerged as one of the key issues at the COP 27 United Nations climate summit recently held at Sharm el-Sheikh in Egypt. Among the 35,000 attendees from 200 countries were government officials, campaign groups, scientists, business…
- Topline 2022 has been a great year for African music, and it seems that this streak is set to continue as yet another artist from the continent has broken barriers and is being recognized globally. Edrisah Musuuza, popularly known as Eddy Kenzo, has become the first Ugandan to be nominated for the…
- TOPLINE Monkeypox mainly spreads among women and nonbinary people through sexual contact, but some infections could be flying under the radar as they are often misdiagnosed as other diseases known to be sexually transmitted, according to a study published Thursday in the Lancet medical journal,…
- TOPLINE Transgender and nonbinary youth were much more likely to be admitted to hospital after a suicide attempt or self-harm, according to a study published in the Lancet Child & Adolescent Health medical journal on Wednesday, as healthcare access for trans youth comes under fire and…
- Topline World-leading AIDS researcher, South African Quarraisha Abdool Karim, has been elected to serve as the seventh President of The World Academy of Sciences for the advancement of science in developing countries (UNESCO-TWAS). Key Facts A Professor in Clinical Epidemiology at Columbia…
- Representing its biggest single investment into South Africa to date, SEW-EURODRIVE has demonstrated its long-term confidence in South African industry by opening a R200-million new African headquarters assembly plant and training centre in Aeroton, Johannesburg. SEW-EURODRIVE’s modern, and…
- Why medicinal mushrooms are the next big wellness trend. BY TIANA CLINE MYCELIUM is a vital part of the natural world and lately, it would appear that certain types of functional fungi, namely medicinal mushrooms, are the next big wellness trend. In reality, the use of medicinal mushrooms goes back…
- TOPLINE Austrian climate activists poured a dark, oily liquid all over the “Death and Life” painting by famed artist Gustav Klimt Monday morning at a Vienna museum, the latest a series of vandalism that activists hope will bring attention to climate change—although their tactics have generated…
- The 2023 Women’s World Cup in Australia and New Zealand next year will see Zambia and South Africa participate with big hopes hinged on their performance. BY NICK SAID If there is one thing the coaches of South Africa and Zambia are in agreement on, it is that the hard work starts now as they […]
- The 2023 Women’s World Cup in Australia and New Zealand next year will see Zambia and South Africa participate with hopes hinged on their performance. BY NICK SAID If there is one thing the coaches of South Africa and Zambia are in agreement on, it is that the hard work starts now as they prepare…
- Like stock certificates sprinkled with pixie dust, inflated exchange tokens were at the core of FTX’s spectacular collapse. They are still in widespread use at major cryptocurrency exchanges around the world. Will they be crypto’s undoing? In2017, cryptocurrency exchange Binance created the first…
- The lure of judo is odd as it is an incredibly painful sport but South African Judoka Michaela Whitebooi has found gold medal success, and is looking forward to the Paris Olympic Games in 2024. By Nick Said MICHAELA WHITEBOOI’S GOLD MEDAL AT the 2022 Commonwealth Games was a reward for years of…
- TOPLINE The Royal Bahamas Police Force is investigating Sam Bankman-Fried’s now-bankrupt cryptocurrency exchange FTX for possible criminal misconduct, the department said in a statement Sunday, marking the latest development in the crypto giant’s implosion and Bankman-Fried’s fall from grace. KEY…
- At the 2022 United Nations Climate Change Conference (COP 27), being held until 18 November 2022 in Sharm El Sheikh, Egypt, the buzzword is implementation. By Jill De Villiers November 11 is Day Six at COP 27 at Sharm El Sheikh in Egypt. In the many halls of the conference center, the air buzzes…
- No one is set to lose more from FTX’s implosion than Sam Bankman-Fried, the crypto wunderkind who founded the exchange and then drove it into the ground this week. His net worth, once as high as $26.5 billion, has plummeted to less than a billion dollars–one of the fastest falls from the…
- Through rain, shine and Covid-19, these women have been fronting some of South Africa’s coolest young startups. WHILE GENDER EQUITY VARIES from country to country, in South Africa, wealth managers and financial planners consistently state that the country needs to invest in its female entrepreneurs…
- TOPLINE Binance will back out of its agreement to buy rival cryptocurrency exchange FTX, Binance said Wednesday afternoon, the latest in the sudden unraveling of billionaire Sam Bankman-Fried’s crypto titan FTX once valued at $32 billion, taking down the value of digital assets with it. KEY FACTS…
