Two of South Africa’s markets ranked among top 20 in the world

Former public works minister Sihle Zikalala minimized the implications of an investigation he initiated, which facilitated the appointment of Tebogo Malaka as the chief executive of the Independent Development Trust (IDT). This decision comes despite Malaka's involvement in a controversial R45-million lease scandal, raising concerns about her suitability for the role. Zikalala's actions suggest a disregard for accountability in the context of significant financial misconduct linked to the IDT. Full Article

At least 110 people have died in central Nigeria due to floods caused by torrential rain that lasted several hours, as reported by officials from the Niger State Emergency Management Agency (Nsema). The worst-hit areas include the Tiffin Maza and Anguwan Hausawa districts of Mokwa town, where over 50 houses were submerged, prompting calls for government support from local leaders. The ongoing search and rescue operation reveals that many are still at risk, highlighting that...

A selection of the week's best photos from across the African continent and beyond:This week's photo highlights include men playing soccer on a beach in Dakar, Egypt's apricot harvest, and nightlife in Abuja. Other noteworthy images feature a Ghanaian spelling bee contestant, dancers in Johannesburg, and wildlife conservation efforts in the Democratic Republic of Congo. The collection captures the vibrant culture, events, and daily life across Africa, showcasing both natural beauty and human interactions. Full...

SummaryFlights at Liberia's main airport were disrupted after President Joseph Boakai's private jet experienced a landing gear malfunction, resulting in a rough landing and a burst tyre. The incident caused panic and led to the cancellation of all scheduled flights for the night, although the president and his entourage were safely evacuated. An investigation is underway to determine the cause, with airport authorities confirming that runway conditions were not to blame and that normal operations...

Documents obtained by amaBhungane indicate that former public works and infrastructure minister Sihle Zikalala and advocate Kwazi Mshengu, then-chair of the Independent Development Trust (IDT), engaged in efforts to protect the parastatal's chief executive from investigations related to a R45-million lease scandal. Their actions suggest a concerted effort to obstruct scrutiny of the IDT amid allegations of financial misconduct. This situation raises significant concerns regarding accountability and transparency within government institutions. Full Article

SummaryPresident Bola Tinubu, in a speech marking his second year in office, assured Nigerians that the worst is behind them and acknowledged the pain caused by his economic reforms, particularly the removal of fuel subsidies that increased living costs. Despite criticism from the opposition Peoples Democratic Party for his performance, Tinubu highlighted improvements, such as easing inflation and predicted GDP growth of 4%, while unemployment remains a concern. Analysts suggest that state governors share responsibility...