Newsroom 773 posts 0 comments

The Economic Strain of Fragile Currencies Consider this: you're a business owner looking to expand your operations, but the currency in your country is notoriously unstable. Every day, volatile exchange rates threaten to undercut your profits and inflate your costs. This is the daily reality for many businesses across African nations grappling with weak currencies in comparison to the U.S. dollar. "Economies are like delicate ecosystems; any disturbance, particularly a depreciating currency, sends ripples through the…

The impact of recent funding cuts by the Trump administration reverberates through South Africa. Specifically, organisations benefitting from the PEPFAR (The President's Emergency Plan for AIDS Relief) initiative, which is funded through USAID, have received troubling news: their financial support has been terminated permanently. This development signifies a dramatic shift in the landscape of HIV prevention and treatment efforts across the nation. According to a report by Bhekisisa's Mia Malan, this grim notification is not…

In the ever-evolving landscape of global aviation, the year 2024 beckoned with both challenges and achievements. A reminder of both human enterprise and its vulnerabilities, Africa's aviation landscape serves as a poignant reflection of this dual narrative. With ten incidents recorded, Africa positioned itself as the region with the second-highest number of plane crashes. An unsettling statistic indeed, it mirrors the perpetual conflict between ambition and the precarious nature of modern advancements. African…

Edited By Ali Musa Axadle Times International–Monitoring. In a move that has reverberated across the fuel market, the Dangote Refinery made headlines on Wednesday by announcing a significant reduction in the ex-depot price of petrol. The price has been slashed by N65, bringing it down from N890 to N825 per liter. At first glance, this may appear as just another business decision, but as with many things in life, the ripple effects reach far and wide. Starting…

The journey towards lasting prosperity for a nation is a multifaceted one, where national sovereignty and economic stability are crucial actors in the play. All these aspirations are harmoniously entwined by a singular thread: the necessity to keep national debt under control. Quotes often attributed to ancient wisdom remind us, "The art of living lies in the fine mingling of letting go and holding on." Similarly, managing a country's debt isn't just a balancing act; it's a dance between strategic…

On February 26, an unsettling clash erupted between the soldiers of the Armed Forces of Liberia and police officers, sending shockwaves through the streets of Monrovia. The incident unfolded at a checkpoint when a group of soldiers reportedly retaliated against police officers after several of their comrades, dressed in civilian clothing, were arrested and roughly handled. Panic ensued, casting a shadow over the day as bystanders watched the turmoil unfold. Both factions quickly summoned reinforcements, escalating tensions…

Nigeria's Sweet Future: The Cocoa Revolution Nigeria's cocoa industry is standing at a crucial juncture, teetering on the brink of transformation. Leading the charge in this dynamic shift is Johnvents Group, a beacon of innovation and sustainability in agriculture. With inclusivity and a laser-focus on strategic growth, Johnvents is masterminding a new era for Nigerian cocoa, a story vividly unfolding through its budding alliance with British International Investment (BII) in Premium Cocoa Products (Ile-Oluji), a proud…

Apple’s Grand Investment: A Vision for the Future "The 'vast majority' of our new hires will focus on AI, silicon engineering, R&D, and software development," the tech giant stated on Monday. Imagine the potential — individuals coming together to innovate and revolutionize the landscape of technology. It is like planting seeds that nurture the dreams of future generations. This commitment, billed as Apple’s largest to date, is paired with plans to unveil a new…

Mindful Wealth: A Glimpse into the Life of a Global Icon Imagine holding more wealth than the brilliant Jensen Huang of Nvidia or even outpacing the fortunes of Michael Dell and the Walton heirs. This isn't a mere fantasy for one illustrious investor; it's a reality. This individual stands atop the financial world, $35 billion richer than one could easily fathom. His choices, however, are infused with an unexpected simplicity, setting him apart in the labyrinth of opulence. "The best…

Rethinking Egypt’s Mega Projects In today's ever-evolving economic landscape, countries are constantly challenged to balance growth with sustainability. Egypt stands at a pivotal point in its development journey, marked by expansive infrastructure projects and bolstered by the leadership's ambitious visions. Egyptian billionaire, Naguib Sawiris, brings a fresh perspective to this narrative—a perspective that warns against nesting ambitions solely on the laurels of grandeur. Sawiris…