Southern Africa

In the shadowy corners of the cryptocurrency market lies a group of sophisticated financial entities playing a pivotal role in its evolution: market makers. Their influence isn't simply about moving assets; it’s about setting the stage for the future of trading in this exciting yet tumultuous landscape. In this article, we will delve into the essentials of market making, trace its roots in traditional finance, and explore its critical function in fostering a more efficient cryptocurrency trading environment.…

In a significant development for telecommunications in Guinea-Bissau, the National Regulatory Authority for Information and Communication Technologies (ARN-TIC) has granted official approval for Starlink, the innovative satellite internet service developed by Elon Musk. This decision is likely to transform connectivity in the region, offering new possibilities for both individuals and businesses. The announcement came from Bamba Kote, the Chairman of the Board of Directors of ARN, during the opening ceremony of…

The recent deluge in Africa has unleashed chaos, affecting countless lives and landscapes. As nature unleashes its fury, the impacts are not just numbers; they resonate deeply within communities. In the heart of Tanganyika province in the Democratic Republic of the Congo, the UN refugee agency (UNHCR) reported that nearly 10,000 individuals have found their lives turned upside down due to flooding. These are not mere statistics; each number represents a family displaced, homes lost, and dreams disrupted. Imagine waking up…

Zimbabwe’s gold-backed currency, the ZiG, is veering toward a precipice—not due to rapid devaluation, but rather through a growing sense of irrelevance. This assertion comes from Imara Asset Management, recognized as Zimbabwe's oldest independent brokerage. The looming question is: Can a currency survive when it seems to fade into the background of economic activity? Unlike previous currency crises in the nation, which were often sparked by the destructive forces of hyperinflation, the problem with the ZiG seems to lie more…

Cape Town International Airport Earns Top Spot in Africa: A Testament to Excellence Picture yourself walking through an airport that doesn't feel like an airport. Think about vibrant spaces filled with smiling faces eager to assist, spotless corridors, and facilities so efficient that delays seem more like rare inconveniences than everyday occurrences. That's the reassuring experience travelers encounter at Cape Town International Airport, recently crowned as the Best Airport in Africa at the prestigious 2025 Skytrax World…

South Africa has taken on a significant role as the chair of the G20, embodying the theme "Solidarity, Equality, Sustainability." Recently, the country hosted the second Employment Working Group (EWG) meeting in Umhlanga, KwaZulu-Natal, under the poignant banner, "Living and Working in an Unequal World: Ensuring Decent Work and Decent Lives." In an age where inequality seems to pervade every corner of society, discussions on gender equality and labor rights are not just timely; they are imperative. As the sun dipped below…

African Leaders Embrace Crisis as Opportunity at Marrakech Summit Amid escalating global trade tensions, African heads of state, policymakers and key stakeholders converged over the weekend in the enchanting city of Marrakech, Morocco, united in their resolve to transform prevailing challenges into pathways for growth and development. The occasion—the third annual AfriHeritage Awards and Concert—blended vibrant celebration with candid conversations on Africa's strategic response to shifting global dynamics. Could this…

U.S. Tariffs and the Unforeseen Consequences on Africa’s Most Vulnerable Economies When President Donald Trump announced sweeping tariff hikes, it wasn't only the usual global economic powerhouses that paused in their tracks. Beneath the major headlines, tucked away from mainstream international attention, were smaller developing nations—countries that, economically speaking, barely register a blip on the American trade radar. Yet these nations, many located in Africa, now face potentially devastating consequences. One…

In a decisive move reflecting the evolving geopolitical landscape, South Africa has appointed Mcebisi Jonas as a special envoy to the United States. This strategic decision aims to mitigate the rising diplomatic tensions following Donald Trump's return to the presidency, a development that has stirred considerable discussion both domestically and abroad. President Cyril Ramaphosa, with the weight of his nation's interests on his shoulders, emphasized that Jonas will champion South Africa's diplomatic, trade, and bilateral…

Lesotho Welcomes Elon Musk’s Starlink to Boost Connectivity In an exciting move toward bridging Africa's digital divide, Lesotho has officially granted Elon Musk's Starlink the license to establish its satellite internet services in the country. The Lesotho Communications Authority (LCA) shared this important announcement on Monday, highlighting the leap forward for digital advancement in the small yet strategically positioned African kingdom. It’s a decision signaling commitment toward broader, faster internet…