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News
Bitcoin billionaire Tim Draper’s $7.9 million Tanzania resort sale draws bids in gold mines, houses and cattle
2+ day, 2+ min ago (416+ words) American venture capitalist and bitcoin investor Tim Draper’s plan to sell his luxury resort investment in Tanzania for $7.9 million is attracting a wave of unusual offers, including gold mines, houses and cattle. The development comes weeks after Tanzania’s government clarified…...
A European island nation spends $4.5 million deporting over 377 people from South Africa, Nigeria, Pakistan, Georgia and 3 other countries
4+ day, 5+ hour ago (591+ words) Ireland has spent nearly €3.9 million ($4.5 million) on charter deportation flights that removed 377 people, including nationals from South Africa, Nigeria and other EU countries, as the country steps up immigration enforcement. Figures from the Department of Justice, Home Affairs and Migration…...
Africa’s second-richest man names son co-deputy chairman in succession plan for Richemont luxury empire
5+ day, 6+ hour ago (399+ words) Johann Rupert, the South African billionaire who has long kept a tight grip on luxury group Richemont, is finally giving investors a clearer picture of what comes next. The 76-year-old chairman has appointed his 39-year-old son, Anton Rupert, as non-executive…...
South Africa makes fresh bid to block $1.35 million auction of Nelson Mandela’s belongings after 4-year legal battle
5+ day, 8+ hour ago (743+ words) South Africa has returned to its Constitutional Court in a renewed attempt to stop the auction in the United States of 29 personal items once belonging to Nelson Mandela, escalating a four-year legal battle over whether the memorabilia should be treated…...
As fear drives 100s to Kenya’s embassy, the government quickly moves to grant temporary amnesty to its undocumented neighbours
6+ day, 9+ hour ago (427+ words) Amid growing concern among undocumented East Africans in Kenya, the administration led by President William Ruto has decided to grant them temporary amnesty. This decision follows the mass panic on Monday that prompted hundreds of Burundians to run to Kenya’s…...
Top 10 African countries with the most foreign nationals legally permitted to live in South Africa
6+ day, 10+ hour ago (427+ words) South Africa remains a major destination for migrants from across the continent, even as a growing anti-immigration movement has put the presence of foreign nationals under intense public scrutiny. The country was recently rocked by nationwide protests, with demonstrators demanding…...
Africa’s largest manufacturing country attracts another Chinese company with an initial $32 million investment
1+ week, 4+ hour ago (357+ words) The cable-making company from China, Wuxi Xinhongye Wire & Cable Technology, recently relayed plans to form a joint venture in Morocco with French automotive supplier ACOME as part of its global growth strategy. The Chinese cable-maker intends to establish a wholly…...
The US is buying more from South Africa again as farm exports hit $4.1 billion
1+ week, 4+ hour ago (269+ words) South Africa’s agricultural exports hit a record $4.1 billion in the second quarter, up 10% from a year earlier, as stronger volumes and prices boosted shipments. South Africa’s agricultural exports rose 10% in the second quarter from a year earlier, reaching a record…...
East Africa’s largest economy joins growing wave of African countries banning raw mineral exports and pushing local processing
1+ week, 18+ hour ago (599+ words) Kenya is moving to end the export of raw minerals as East Africa’s largest economy pushes to process more of its natural resources locally, create jobs and retain a greater share of their value. President William Ruto said on September…...
6 African countries ranked in the 2026 global competitiveness ranking
1+ week, 2+ day ago (371+ words) Only six African countries have been included in the 2026 IMD World Competitiveness Ranking, with South Africa reclaiming its position as the continent’s most competitive economy and Nigeria ranking near the bottom of the 70 economies assessed globally. IMD said its 2026 edition…...