Business and Finance

The political climate in Libya has once again turned tumultuous, exacerbated by pressing economic woes and deepening rivalries between its two governing factions. This instability threatens to unravel the precarious peace that has stood since the ceasefire in 2020. Fast forward nearly 15 years after Muammar Gaddafi's regime crumbled, and Libya finds itself still grappling with a fractured identity. The nation is essentially split, with the Government of National Unity (GNU) in Tripoli on one side and the Government of…

A wave of unease washes over both local and international human rights organizations as they grapple with the implications of a newly enacted law in Zimbabwe. Among these watchdogs is Human Rights Watch (HRW), which has raised alarms about the government's recent ability to deregister and confiscate the assets of nongovernmental organizations (NGOs) they perceive to be acting in a “politically partisan manner.” Is this a necessary measure for national security, or a veiled attack on civil liberties? The law, known formally…

In a startling twist in diplomatic relations, France has made the significant decision to recall its ambassador from Algeria while simultaneously expelling 12 Algerian diplomats from Paris. This bold maneuver marks a pivotal moment in a relationship that has been increasingly strained. The immediate catalyst for this diplomatic spat can be traced back to the arrest of a consular staff member implicated in the alleged kidnapping of an exiled government critic within French borders. Algeria, responding with indignation,…

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…

Over a decade ago, nations within the Great Lakes region united under a mineral certification scheme, aimed at curtailing the illegal exploitation of vital minerals. This endeavor was not merely bureaucratic; it sought to usher in a new era of transparency and accountability in a region often marred by strife. Yet, experts now caution that the promised progress has been minimal, leaving the specter of conflict still looming over these resource-rich lands. During a recent congregation at the International Conference on the…

In a tense diplomatic showdown, the French government has signaled its intent to respond robustly if Algeria proceeds with its threat to expel twelve officials from the French embassy in Algiers. This escalation follows Algeria's strong reaction to the detention of several embassy staff in Paris. The French authorities contend that these individuals are linked to the abduction of Amir Boukhors, a vocal critic of the Algerian regime, raising questions about the intersection of diplomacy and human rights. Just last weekend,…

In a significant move to invigorate local economies, the South African government has initiated applications for the R500-million Spaza Shop Support Fund (SSSF). This initiative aims to enhance the sustainability and growth of spaza shops—those familiar neighborhood convenience stores that serve as lifelines for township and rural communities. During a recent announcement, Minister of Trade, Industry and Competition, Parks Tau, highlighted the transformative potential of this fund. “We are committed to empowering our…

The global wild meat trade is an intricate web, interlinking food security, income, and environmental health for millions across Africa and Asia. However, lurking within this complex system are significant threats to biodiversity, public health, and our ecosystems. Have you ever paused to consider how vibrant life hinges on the delicate balance maintained by these wild creatures? In regions where livestock is scarce, wild meat often steps in to fill a crucial nutritional gap. Yet, the very systems that provide for rural…

In a surprising turn of events, U.S. President Donald Trump declared a 90-day hiatus on trade tariffs for a multitude of countries, with one notable exception: China. This announcement, made through the ubiquitous channel of social media, has stirred quite a debate. In fact, President Trump stated that over 75 nations reached out to the U.S. administration, eager to "negotiate a solution." Isn't it intriguing how swiftly the global economy can find itself engulfed in complex negotiations, driven by the urgency to preserve…

"Africa is fatigued from existing in the shadows. We must illuminate the continent—no exceptions." These compelling words resonated from Akinwumi Adesina in September 2016, mere months after he took on the formidable role as President of the African Development Bank Group (AfDB Group). He underscored a crucial issue: electrification on the continent is not merely a luxury; it’s an imperative. Imagine, if you will, a vast expanse of land where cities pulsate with vibrant energy while remote villages grope in darkness.…