Econet Wireless Zimbabwe Ltd. has moved to delist from the Zimbabwe Stock Exchange, after years of trading at a steep valuation discount to regional peers. Econet Wireless Zimbabwe Ltd. plans to delist from the Zimbabwe Stock Exchange, citing undervaluation compared to regional peers. The company intends to restructure by spinning off its infrastructure assets into…
Across the world, the internet has become central to how people work, learn, bank, and stay connected. Yet for hundreds of millions of people, especially in Africa, going online is still not part of daily life. The internet has become vital globally, but significant portions of populations, notably in Africa, remain offline. We Are Social’s…
South Sudan has grounded four aircraft linked to United Nations operations, citing security risks and suspected involvement in smuggling, in a move that has raised fresh concerns over aviation safety and relations with international partners. South Sudan has grounded four UN-operated aircraft over security concerns and alleged smuggling accusations. Investigations revealed potential unauthorized surveillance systems…
Elon Musk’s debacle with South Africa, concerning his satellite internet service, Starlink, continues to linger, with some of the country’s parliamentary members maintaining their objections. South African parliamentary members oppose SpaceX’s Starlink due to ICT licensing concerns. Economic Freedom Fighters demand compliance with local laws ensuring 30% Black ownership. A proposal to adjust regulations for…
An Indian billionaire and six other international groups have entered the race to deliver South Africa’s long-awaited $25 billion electricity transmission upgrade, a project seen as critical to fixing one of Africa’s most constrained power systems. South Africa has pre-qualified seven global consortia for its $25 billion electricity grid expansion. Indian billionaire Gautam Adani’s power…
Nigeria has awarded permits to 28 companies to capture and commercialise gas that is currently being flared by the oil industry, in a bid to reduce emissions and generate revenue from a previously wasted resource. Nigeria has granted permits to 28 companies to capture flared gas from oil operations to reduce emissions and generate revenue.…
Africa’s housing deficit remains one of the continent’s most pressing development challenges, driven by rapid population growth, accelerating urbanisation, and rising construction costs. African housing leaders have warned that rapid urbanisation and population growth are widening the continent’s housing gap. Namibia announced plans to build 50,000 homes this financial year under a presidential directive. Nigeria’s…
Canada has issued a travel advisory urging its citizens to exercise a high degree of caution when visiting South Africa, citing persistent violent crime and personal safety risks. The advisory highlights threats including violent and petty crime, road crime, and airport-related theft. Canada has issued a travel advisory urging caution when visiting South Africa due…
South Africa’s Border Management Authority has disrupted two suspected human trafficking operations at OR Tambo International Airport, intercepting 30 foreign nationals whose travel patterns and documents raised red flags for border officials. South Africa’s Border Management Authority has intercepted 30 foreign nationals at OR Tambo International Airport in two suspected human trafficking cases. Fourteen Ethiopians…
