Africa Business

G20 president S.Africa warns global turmoil hurts poorer nations

Global fragmentation is fuelling unprecedented turmoil and disproportionately harming poorer nations, South Africa’s foreign minister warned Thursday, urging a united G20 response for peace. Ronald Lamola made the remarks to dozens of diplomats from the G20 group of the world’s leading economies meeting to prepare for its summit in November under South Africa’s presidency. “State rivalries are …

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Nigeria’s Tinubu signs major tax overhaul

Nigerian President Bola Tinubu on Thursday signed four landmark bills into law aiming to overhaul the country’s tax system, after backing away from more controversial tweaks that would have upended revenue sharing among states.The west African economic powerhouse has a tax-to-GDP ratio of 13.5 percent, according to government figures, which is below the continental average. The …

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29 pupils taking high school exams killed in C.Africa crush

Twenty-nine students taking their high school exams in the Central African Republic died in a stampede sparked by an exploding power transformer, the health ministry told AFP Thursday.Just over 5,300 pupils were sitting the second day of the baccalaureat exams at the time of the explosion early Wednesday afternoon in Bangui, the capital of the …

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G20 president S.Africa warns global turmoil hurts poorer nations

South Africa’s Foreign Minister Ronald Lamola warned Thursday that growing global fragmentation was fuelling unprecedented turmoil and disproportionately harming poorer nations, urging a united G20 response. The remarks come as international cooperation is under increasing strain, with multiple devastating conflicts and humanitarian crises.”State rivalries are fuelling fragmentation, with economic decoupling, and proxy conflicts undermining global stability,” …

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Tunisia U-turn on phosphate plant sparks anger in blighted city

The bedroom of 74-year-old Cherifa Attia smells like burnt rubber. The vast phosphate processing plant beside her home has been belching out toxic fumes into the atmosphere, blighting this Tunisian city.”This is killing us,” said Cherifa as the foul air permeated her home. “That’s all we breathe. Day and night.” Residents of Gabes, a city of …

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Saint John the Baptist Cape Verde festivities attract thousands

Thousands of people attended horse racing events to mark the end of traditional celebrations on Cape Verdean island Santo Antao which annually lets its hair down for the Feast of Saint John the Baptist.The festivities not only commemorate the saint’s feast day but also mark the summer solstice, which is widely celebrated in several Portuguese-speaking …

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Kenya anniversary protests turn violent, 8 dead

Marches in Kenya to mark a year since massive anti-government demos turned violent on Wednesday, with eight killed and at least 400 injured as protesters held running battles with police, who flooded Nairobi’s streets with tear gas and sealed off government buildings with barbed wire.Initially peaceful commemorations descended into chaos as scattered groups ripped up …

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Ugandan musician-turned-politician Bobi Wine to run for president

Uganda’s main opposition party said Wednesday its leader Bobi Wine would run in upcoming presidential elections, likely pitting the popular musician-turned-politician against President Yoweri Museveni.The east African nation is expected to hold elections in January, with the opposition facing a mounting crackdown as activists and politicians are intimidated, abducted and detained.Octogenarian leader Museveni declared earlier …

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Kenya’s Kipyegon seeks history with four minute mile attempt

Triple Olympic champion Faith Kipyegon of Kenya will attempt to make history by becoming the first woman to run a sub-four minute mile on Thursday, but to do so she must shave nearly eight seconds off her world record.Already the world record holder in this non-Olympic distance equivalent to 1.6km, Kipyegon will nevertheless have to …

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