South Africa’s former President Jacob Zuma has been involved in a car crash but was unhurt. A drunk driver collided with his “official armoured state vehicle” on Thursday evening, police have said. But a leading member of his uMkhonto we Sizwe (MK) party alleged that he had been targeted. He …
Read More »Kenya’s Ruto and Nigeria’s Tinubu: Africa’s ‘flying presidents’ under fire
Since Kenya’s William Ruto and Nigeria’s Bola Tinubu became presidents, they have faced similar criticism over their frequent trips abroad. The two men have been the subject of unflattering descriptions – the costs associated with their alleged penchant for air travel often contrasted with tough economic conditions at home. A …
Read More »South Africa’s former President Zuma released an hour after being returned to prison
South Africa’s former President Jacob Zuma was returned to prison on Friday to comply with a ruling that his release on ill health was unlawful – but was freed after just an hour under a remission process to address overcrowding in jail. The 81-year-old arrived at the Estcourt correctional detention …
Read More »Russia to ease Africa’s debt burden, collaborate for development
The Russian Government is to allocate more than US$90 million as assistance to lower Africa’s debt burden. The aid, announced at the Second Summit of the Russia-Africa Economic and Humanitarian Forum, is to help the continent to tackle its debt issues. African countries’ debt issues before the East European giant …
Read More »The double-edged sword of Africa’s rising petrol price
Several African countries will in July be grappling with increased fuel prices as governments impose more taxes and drop subsidies, moves which, players in the industry argue, present both risks and benefits for the continent’s development. As Kenya doubles the value-added tax on petroleum products to 16 percent from July …
Read More »6 things about the SA billionaire who has overtaken Dangote as Africa’s richest man
For over a decade, Nigerian billionaire, Aliko Dangote, has maintained the top spot as Africa’s richest man. However, the Nigerian business mogul has lost the top spot to South Africa’s Johann Rupert, according to Forbes’ real-time estimates of their net worth. With a current real-time net worth of $10.8 billion, …
Read More »Johann Rupert overtakes Dangote as Africa’s richest man – Forbes
According to Forbes magazine, South African billionaire Johann Rupert has ousted Nigerian billionaire Aliko Dangote to become Africa’s richest man. Rupert’s net worth is currently pegged at $12 billion according to Forbes’ Real-Time Global Billionaires Ranking, while Dangote trails behind with a net worth of $10.8 billion as of Friday. …
Read More »Ghana reclaims position as Africa’s largest gold producer
Ghana has reclaimed its status as the largest gold producer in Africa, surpassing South Africa, according to the President of the Ghana Chamber of Mines. Last year, the country witnessed a remarkable 32% increase in gold production, allowing it to regain the top spot. After experiencing a notable decline in …
Read More »The day Africa’s youngest president, Valentine Strasser’s leg was cut in Ghana
Valentine Esegragbo Melvin Strasser became Africa’s youngest president in 1992, when on April 29, he took over power in Sierra Leone through a military coup. This was only three days after he turned 25-years-old. Capt. Valentine Strasser became a leading member of a group of six equally young fellow officers …
Read More »South Africa’s Oscar Pistorius denied parole for lover’s murder
South African Paralympic champion Oscar Pistorius has been denied parole after seeking early release from prison, a decade after shooting and killing his girlfriend, lawyers said. “We were … advised at this point in time that it has been denied and it will be considered again in one year’s time,” …
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