Adidas has hired Puma head Bjorn Gulden as its new chief executive officer, adding a new chapter to the decades-old rivalry between the two German sportswear makers. The 57-year-old Norwegian…
Category: Business News
Egypt: Major climate polluters are criminals – Namibia president
The Namibian President Hage Geingob has accused wealthy nations of not being honest when talking about the fight against climate change. Speaking to the BBC at a side event at…
USA: Hushpuppi jailed for 11 years over fraud
Instagram influencer from Nigeria has been jailed for more than 11 years in the US for his role in an international fraud syndicate. Hushpuppi, whose real name was Ramon Abbas,…
USA: Musk pledges to remove Twitter imposters after celebrity protests
Elon Musk has said he will remove Twitter accounts that impersonate others amid a backlash over the billionaire’s decision to offer the platform’s blue check mark to all users for…
South Africa: President Ramaphosa denies wrongdoing in farm scandal
South Africa’s President Cyril Ramaphosa has denied wrongdoing in testimony to a parliamentary panel examining whether he should face impeachment over an alleged cover-up of a heist at his farmhouse,…
Russia: Mercenary force Wagner opens first official headquarters
Russia’s previously secretive Wagner Group, a private mercenary force, has opened its first official headquarters in the Russian city of Saint Petersburg. The group, controlled by Yevgeny Prigozhin, a close…
USA: Twitter to begin layoffs after Elon Musk takeover
Twitter will tell employees by email on Friday about whether they have been laid off, temporarily closing its offices and preventing staff access, following a week of uncertainty about the…
South Africa: Pretoria gets $497m from World Bank for clean energy sourcing
South Africa, one of the world’s largest greenhouse-gas emitters, has been granted financing of $497m to decommission one of its largest coal-fired power plants and convert it to renewable energy,…
Uganda: Commercial oil exploration to begin in 2025
Uganda aims to start commercially pumping its oil reserves in April 2025, with China being considered as a potential source of funds to develop an export pipeline, authorities said on…
South African: Police find 21 bodies at Krugersdorp mine
South African police are investigating the discovery of at least 21 bodies of suspected illegal miners, found near an active mine in the town of Krugersdorp, west of Johannesburg. According…