Browsing Tag

High

Zimbabwe’s ZiG Soars to Record High with Gold and Forex Reserves

In June, Zimbabwe reached a significant milestone: its gold and foreign-currency reserves backing the newly minted bullion-backed currency, the ZiG (Zimbabwe Gold), hit a record high. As reported by the central bank, this development not only signifies a turn in economic fortunes for the nation but also hints at the resilience of a country striving to lift itself from the depths of financial despair. The reserves surged impressively to $731 million—up from $639 million in May and almost tripling from the $276 million…

Northeastern State Forces on High Alert Amid Federal Ministers’ Intended Visit and Jibril’s Flight from Ceelbuh

Northeastern State Forces on Alert Over Federal Ministers' Travel Plans as Jibril Flees Ceelbuh CEELBUH, Somalia, July 7 – On a quiet Sunday night, Cabdirashid Yusuf Jibriil, a former Northeastern State parliament speaker and current MP, made a sudden departure from the town of Ceelbuh. This move followed an ultimatum from Northeastern State state forces, as per local reports. Security officials revealed that Jibriil was afforded a safe exit after discussions with high-ranking Northeastern State military commanders. His…

Kenya Met Warns of Strong Winds and High Waves Across 15 Counties for Next Six Days

Weather Alert: Prepare for Strong Winds and Large Waves A dramatic scene unfolds as strong winds whip through the landscape on a rainy day, captured in a recent footage report from Weather Today. Reflecting this chaotic beauty, the Kenya Meteorological Department has issued a crucial weather advisory that urges citizens to brace for intense winds and towering waves over the next six days. The message, released on Friday, June 13, is not just mere meteorological jargon; it carries the weight of severe implications for both…

Top 10 Nations Burdened by High Remittance Transfer Fees

The Hidden Costs of Remittances: A Closer Look at Africa In a world where financial connections span continents, remittances serve as a lifeline for countless families. They support not only basic needs but also education and healthcare for those left behind. However, despite their critical role, the high transaction costs associated with sending money to Africa impede the true potential of these financial inflows. It raises an important question: why, in this age of technological advancement, are these costs still so…

Uganda Cuts Power Bills as Currency Soars to 20-Year High

Uganda, a nation known for its rich landscapes and vibrant cultures, has recently embarked on a significant economic journey. By cutting electricity prices, Uganda has achieved a remarkable feat, marking its steepest power tariff reduction in the last twenty years. This bold move, in part, is a direct result of a resilience shown by the Ugandan shilling, which, against all odds, has soared and strengthened. As this currency appraisal lowered the costs of key imports such as fuel and power generation components,…

Ten Nations Where Media Trust Is Exceptionally High

Trust in the media can often serve as a mirror reflecting wider public sentiment. At the forefront of this trust are China and Indonesia, each with a striking 75%, and India trailing not far behind at 67%. Collectively, these nations house over three billion people, a staggering figure that underscores the breadth of media influence. Their media is often perceived as reliable, and that naturally leads us to wonder—what drives this confidence? Is it the consistency in reporting, or perhaps the structure in which their media…

Majority of Ghanaians Face Subpar Service and High Fees: Report

The State of Ghanaian Consumers: A Call for Empowerment and Awareness In today's bustling marketplace, armed with technology and information transmitted at lightning speed, one presumes the modern consumer should be more informed than ever. Yet, a comprehensive report titled "The State of Ghanaian Consumers" reveals a disheartening reality. Conducted across the ten regions of Ghana, this survey engaged 1,795 individuals, uncovering shocking levels of consumer unawareness and a pervasive mistrust in systems…

Top 10 African Nations with High Trust in Scientists

Engaging with Science: Trust in African Nations Is the world losing faith in its scientists? Recent findings suggest otherwise, challenging the prevalent fear of a disconnect between scientific communities and society. Unveiling this narrative, a new study calls for a renewed effort to bridge any gap — especially through deeper engagement between scientists and the public. This intriguing study, published in the esteemed journal Nature Human Behaviour, emerges as part of the Trust in Science Project (TISP)…

High Court Secures a Win for Vulnerable African Penguins

In a significant triumph for conservation efforts, BirdLife South Africa and the Southern African Foundation for the Conservation of Coastal Birds (SANCCOB) have successfully garnered a court-ordered settlement dedicated to the preservation of the critically endangered African Penguin. The settlement emphasizes the establishment of no-take fishing zones, a decisive step towards safeguarding not just a species, but an entire ecosystem. What does this order entail, you might wonder? It mandates the creation of no-take zones…

Video: Understanding the High Cost of Renting in Lagos

Lagos, a city that pulses with life and opportunity, often carries a significant burden on its residents in terms of housing. Nestled in the heart of Africa, Lagos is known not just for its vibrant culture and economic potential but also for its rapidly rising population. Imagine a bustling city of over 22 million individuals. Patience is required to navigate the roads. But it's not just commuters feeling the pressure. Housing has become a lingering issue, casting a long shadow that seems to grow darker with each…

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