Palestine welcomes AU decision on Israel

Palestine has welcomed the decision by the African Union (AU) to suspend debate on the accreditation of Israel as an AU observer, but implored the continent to reject the move completely.

ZANU PF vows to win back Marondera Central seat

ZANU PF Mashonaland East Province has vowed to work tirelessly to win back the Marondera Central constituency seat, which had been held by the opposition.

Namibia oilfield promising

Namibia aims to fast-track the development of its first oilfield to have production by 2026 following a significant offshore discovery by Shell, a senior energy official said on Monday.

Something weird is happening to UK stocks

One of the stock market’s long-time underperformers is on a tear. While most major indexes are backtracking amid concern over the impact of monetary tightening, Britain’s FTSE 100 Index just hit a two-year peak.

Rand recovers after Eskom suspends power cuts

The South African rand firmed in afternoon trade yesterday as power utility Eskom suspended its latest power cuts, with market focus also fixed on US inflation data due later in the week that could unleash bets on faster interest rate hikes there.

Cisse is Senegal’s man of the moment

TWENTY years ago, Alou Cisse played himself into the bad books of many Senegalese football fans, when he lost his penalty kick to hand the Indomitable Lions of Cameroon the African Cup of Nations title. 

Telsa receives subpoena

Tesla Inc said on Monday it received a subpoena from the US securities regulator related to a settlement that required chief executive Elon Musk’s tweets on material information to be vetted.

Bitcoin longest rally

Bitcoin rose for a fifth consecutive day, the longest winning streak since September, as investors begin to re-embrace risk assets across global markets.

US$3 trillion wiped from negative-yielding bonds

The global stockpile of negative-yielding bonds has dropped to the lowest level in more than six years — with almost US$3 trillion making the leap back into positive-yield territory in just two days last week — in one of the most visible indications yet that the era of easy money is coming to an end.

30 years jail sought in Sankara case

Prosecutors in Burkina Faso are requesting a 30-year prison term for former President Blaise Compaoré, who is accused of complicity in the murder of revolutionary leader Thomas Sankara.

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