The United States has confirmed that it will not invite South Africa to the 2026 G20 Summit, marking a sharp diplomatic rebuke as Washington prepares to host the gathering of major economies in Miami next December. The United States has confirmed it will not invite South Africa to the 2026 G20 Summit. Washington says Pretoria’s…
Africa’s stake in international conflicts, specifically, the Russia-Ukraine war, has been highlighted yet again, this time with implications that Africa is serving as a proxy. Africa is increasingly seen as a proxy zone in international conflicts, particularly influenced by the Russia-Ukraine war. BRICS VP Ahoua Don Mello noted Ukraine’s attempts to counter Russian presence in…
South Africa’s largest mobile operator, Vodacom Group Ltd., is set to take control of East Africa’s biggest telecom, Safaricom Plc, in a multi-billion-dollar deal. Vodacom Group Ltd. plans to acquire significant stakes in Safaricom Plc, valued at $2.1 billion. The deal involves purchasing shares from the Kenyan government and Vodafone International Holdings BV. This will…
Mobile-money platforms across Africa processed roughly $81 billion in transactions last year, and December’s festive transfers could push that figure even higher. A new report projects a rise in cyberattacks across Africa as mobile money transfers hit their annual peak in December. Holiday-themed phishing scams, SIM-swap fraud, and social-engineering tactics are targeting users sending money…
According to figures issued on Wednesday by the Ghana Statistical Service, the country’s consumer inflation fell to 6.3% year on year in November, down from 8.0% in October, extending its reduction for the 11th consecutive month. Ghana’s consumer inflation dropped to 6.3% in November, marking an 11-month consecutive decrease from its peak of 54% in…
After years of reputational damage tied to state-capture controversies, McKinsey is pursuing a careful reset in South Africa, emphasising internal reforms and improved oversight as it seeks to repair strained relationships with clients and regulators. McKinsey is working to restore its reputation in South Africa through internal reforms and improved oversight. The firm has implemented…
