Elon Musk has reclaimed his title as the world’s richest person, knocking the boss of luxury goods giant LVMH, Bernard Arnault, off the top spot. His net worth has soared…
Category: Business News
Kenya: Authorities fine loan app over debt shaming
The Kenyan authorities have penalised an online lender $3,700 (£3,400) over allegations of intruding and sharing customers’ personal data. It followed complaints lodged against it by users over personal data…
Switzerland: Mining magnate loses Guinea corruption appeal
A Swiss appeals court has upheld a guilty verdict against the mining magnate Beny Steinmetz who was sentenced two years ago on corruption charges for payments to obtain permits in…
South Africa: Tourism minister scraps Spurs sponsorship proposal
South Africa Tourism has decided to scrap a proposed sponsorship deal with English Premier League club Tottenham Hotspur. “The SA Tourism Board will no longer proceed with the transaction” given…
Sudan: Ten miners killed in gold mine collapse
At least 10 gold miners have been killed in an accident in northern Sudan, and more than 20 others injured. Local media have blamed the collapse of the gold mine…
USA: Sam Bankman-Fried accused of Chinese bribe
Sam Bankman-Fried, founder of failed crypto firm FTX, has been accused of bribing at least one Chinese official. In new charges unveiled in the US, officials accuse the entrepreneur of…
USA: Adidas attempts to stop Black Lives Matter design trademark registration
Adidas has asked the US Trademark Office to reject an application for a Black Lives Matter (BLM) trademark featuring three parallel stripes. The Black Lives Matter Global Network Foundation design…
Australia: Amateur gold digger finds massive nugget
An Australian man armed with a budget metal detector has hit the jackpot, finding a 4.6kg rock containing gold worth A$240,000 (£130,000; $160,000). The man, who doesn’t want to be…
Nigeria: Workers declare strike over cash crisis
The Nigeria Labour Congress (NLC) has declared a nationwide strike for public workers over fuel and cash scarcity in the country. Speaking on Wednesday, Joe Ajaero, the NLC president, said…
Kenya: Meta barred from sacking Facebook moderators
A court in Kenya’s capital Nairobi has barred Meta, Facebook’s parent company, from laying off its content moderators pending determination of a lawsuit that is challenging their planned dismissal. The…