Impending

In a chilling warning, labor unions have revealed that up to 20,000 jobs in Lesotho hang in the balance, driven by the looming threat of a staggering 50 percent tariff hike from the United States. This situation brings to mind George Bernard Shaw’s words: “Progress is impossible without change.” Yet, for many in Lesotho, change feels more daunting than progressive. Until the Trump administration's controversial imposition of new tariffs, Lesotho enjoyed duty-free status under the African Growth and Opportunity Act—an…

South African President Cyril Ramaphosa is set to meet with U.S. President Donald Trump at the White House this week. Their agenda? A wide-ranging discussion on bilateral, regional, and global issues that matter deeply to both nations. Yet, as the anticipation builds, so does the strain between their administrations. It's crucial to ask: what are the underlying currents driving this tension? The backdrop of this high-stakes meeting is a complex tapestry woven with threads of geopolitical dynamics and domestic policies. In…

When we talk about the potential of a recession, many immediately think of the traditional markers: two consecutive quarters of negative GDP growth, a spike in unemployment, or a noticeable dip in industrial output. Yet, what does it truly mean when household spending starts to diminish? Regardless of whether the U.S. economy is technically in a recession, there's a palpable sense of worry among consumers. Take, for instance, the University of Michigan's Consumer Sentiment Index, which shockingly fell by 10.5% this…

On the Brink: South Sudan’s Fragile Peace In the ever-volatile landscape of South Sudan, the precarious power-sharing agreement between President Salva Kiir and Vice President Riek Machar appears to be hanging by a thread. The looming threat of a relapse into civil war is stirring unsettling memories of past conflicts, painting a grim picture of what the future might hold. The current tension is palpable, manifesting in violent skirmishes that have already begun to shake the foundations of a nation yearning for peace.…

The Ripple Effect of the U.S. Aid Suspension on Global HIV Treatment Programs The recent announcement by the Trump administration, halting the flow of U.S. foreign aid, has sent ripples across the globe, particularly affecting the supply of HIV treatments in eight nations. The World Health Organization (WHO) has sounded the alarm, warning that the disruption could have dire consequences. Can we afford to overlook the implications of such a decision? Six of the affected countries are nestled…

NAIROBI, Kenya (AX) — Hashi Energy, a key player in the petroleum industry, hit a wall attempting to shake off a Sh7 billion ($54 million) tax demand from Kenya Revenue Authority (KRA). This tax debacle only adds to the company’s economic woes as liquidation looms large.