S&P Global has lowered MTN Group’s [JSE:MTN] credit rating amid Nigeria’s recent downgrade, sparking more challenges for the mobile network in the West African country. Last month, S&P lowered its long-term ratings on Nigeria to ‘B’ from ‘B+’ amid weak growth dynamics in that country. S&P, though, said that the outlook[…]
Gabon’s prime minister on Sunday named a new government in the wake of disputed elections, but it contained no representatives of opposition leader Jean Ping, who says the vote was rigged. According to a government statement, the only opposition leader named in Prime Minister Emmanuel Issozet Ngondet’s cabinet of 40[…]
US and EU sanctions against Syria are punishing the population and make aid work in the war-torn country almost impossible, a leaked UN report and internal letters have revealed. The restrictive measures contributed to the destabilization of every sector of the economy in Syria that used to be self-sufficient before[…]
Two of Donald Trump’s senior advisors say allegations that the Republican candidate for US president avoided paying income tax for 18 years highlight his “genius” at using tax laws to his advantage. Chris Christie, a New Jersey Governor and head of Trump’s presidential transition team, told Fox News on Sunday[…]
Voters in Colombia’s referendum have narrowly rejected a peace accord between the government and the Marxist group, FARC. The outcome of Sunday’s vote endangers a deal expected to end 52 years of war and allow FARC fighters to re-enter society and form a political party. With more than 99 percent[…]
At least two barrel bombs have hit the largest hospital in the rebel-held eastern side of Syria’s Aleppo city, according to the medical organisation that supports it. The facility, known as M10, had already been hit by heavy bombardment on Wednesday along with the second-largest hospital in the area in[…]
Hungarians on Sunday began voting on a referendum over European Union plans to relocate refugees and migrants among member states. The right-wing government of Prime Minister Viktor Orban has fiercely opposed the EU plan, which seeks to share 160,000 asylum seekers around the 28-member bloc via mandatory quotas. Under the[…]
A deadly stampede broke out after Ethiopian police reportedly fired tear gas to break up an ethnic Oromo protest with several people killed south of the capital, Addis Ababa. There were conflicting death toll reports following the stampede on Sunday. An AFP photographer at the scene said he saw 15-20[…]
Three early morning fires in Cape Town destroyed 48 homes and left 135 people displaced. Fire and Rescue services spokesperson Liezl Moodie on Sunday said firefighters responded to a blaze in Sam Njokozela Avenue, Bloekombos shortly after 02:30. “Three houses and six wood and iron structures were destroyed, affecting 15[…]
It is vital that university classes resume because if the academic year is not completed it will negatively impact admissions for next year and new graduates entering the workplace. That’s the message from university representatives and opposition parties after a meeting on Saturday night. The Democratic Alliance (DA)‚ United Democratic[…]
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