Shares in Asia struggled for traction on Thursday after US stocks ticked higher and Treasuries fell on data showing US consumers expect inflation to persist. Equities slid in Australia, while those in Hong Kong and China fluctuated and South Korean shares gave up earlier gains. Japanese markets are closed for a holiday. ADVERTISEMENT CONTINUE READING … Read More “Stocks in Asia rangebound as treasuries decline: Markets wrap” »
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Nigerians are turning to expensive emergency loans to cover the cost of essentials, as the country’s economic woes push more people into poverty and fears grow of a consumer debt crisis. High inflation and a controversial austerity drive by the government have weighed down on Nigerians’ incomes at a time when payday loan providers have … Read More “Nigerians resort to emergency loans as austerity and inflation bite” »
A 14 Trees 3D printed building under construction. Interview with François PerrotMANAGING DIRECTOR, 14 TREES Lives in: Madrid, Spain Just outside the town of Kilifi on the Kenyan coast, approximately 70 kilometres north of Mombasa, stand 10 houses. These homes are the first phase of the 52-unit Mvule Gardens development, claiming to offer residents a … Read More “A future blueprint for affordable housing?” »
African Sprint Champion Ferdinand Omanyala Intensifies Preparations for Olympic Games African Sprint Champion Ferdinand Omanyala Intensifies Preparations for Olympic Games Today, Visa (NYSE: V), a global leader in digital payments, celebrated African sprint champion Ferdinand Omanyala’s addition to its diverse and impressive roster of Team Visa athletes, at an event held at Ulinzi Sports Complex, … Read More “African Sprint Champion Ferdinand Omanyala Intensifies Preparations for Olympic Games” »
DP World is pleased to announce that its Market Access Consumer business, Deep Catch Group, has opened a world-class cold storage facility, Lusaka Commercial Cold Store (LCCS), in Lusaka, Zambia. The LCCS is a groundbreaking project that is set to revolutionise the cold storage industry in Zambia and provide cold storage solutions to local clients, … Read More “DP World Opens World-Class Cold Storage Facility In Lusaka, Zambia” »
Shares in Asia were mixed while Treasuries fell after declines in European bonds, eroding a November rally in US debt. Oil extended losses. Hong Kong and mainland Chinese equities dropped, reversing Thursday’s rally inspired by Beijing’s widening property rescue campaign. Japanese stocks rose in catch-up play after a national holiday, while those in Australia also … Read More “Asia stocks mixed, treasuries echo Europe sell-off: Markets wrap” »
The 8th Innovation Festival held at the Hilton Garden Inn, Umhlanga Arch in Durban, KZN last week proved to be yet another monumental and resounding success. This event which is hailed as the premier innovation event in the province brought together thought leaders in innovation, as well as change-makers and pioneers from various regional and … Read More “8th Innovation Festival in Durban: A Resounding Success in Shaping Tomorrow’s Innovation Landscape” »
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While Africa accounts for 30 percent of the world’s mineral reserves, there are concerns that the continent has not been able to fully leverage its natural resource wealth potential. The African Development Bank estimates that Africa loses $195 billion annually from its natural capital. “It has become important for us to start extracting and effectively … Read More “How Ubuntu Tribe is unlocking Africa’s gold wealth with blockchain” »
