By Jonny Tickle MTN Nigeria is to team with TD Africa to roll out broadband throughout the country, it has revealed. TD Africa, Sub-Saharan Africa’s leading distributor of technology, services and lifestyle products, will help the telecoms first provid…
South Africa unions reject revised wage offer from Transnet amid falling staffing at port terminals due to escalating industrial action
By Elena Kachkova in Johannesburg Two South African labour unions representing a majority of workers at the struggling national port and rail freight logistics utility Transnet have rejected a revised wage offer of 4.25% to 5%, SABC News reports. The s…
IMF BLOG: Policymakers need steady hand as storm clouds gather over global economy
By Pierre-Olivier Gourinchas Economic Counsellor and the Director of Research of the IMF. One-third of the world economy will likely contract this year or next amid shrinking real incomes and rising prices. The global economy continues to face steep ch…
EU members still fail to make headway on gas price cap proposal
By bne IntelliNews EU leaders convened once more on October 7 to discuss the introduction of a price cap on gas imports, but once more, member states failed to decide on what form the measure would take. Ahead of the summit, a majority of EU countries …
Iran’s Saturday night news interrupted by anti-regime hack
By bne IntelIiNews Iranian state TV’s Saturday night news bulletin was on October 8 hacked live on air, with the programme interrupted by the appearance of a mask on the screen, followed by an image of Supreme Leader Ali Khamenei in crosshairs with fla…
Ukrainian refugees stuck for days at Russian border crossings as they flee to Europe
By Mack Tubridy in Tbilisi Thousands of Ukrainian refugees are trying to make their way into the EU through border crossings in the Pskov and Leningrad regions following Moscow’s sham referenda in southeastern Ukraine and its announcement of a partial …
VISEGRAD BLOG: European family gathering mostly avoids fights
By Robert Anderson in Prague A brave new European negotiating platform has been born, with the launch of the European Political Community (EPC) at a summit of political leaders at Prague Castle on October 6. The concept of the EPC – which was announced…
EBRD chief raises concerns over Turkey’s ‘outlier’ monetary policy
By bne IntelIiNews The head of the European Bank for Reconstruction and Development has reportedly raised concerns with Turkish authorities over Ankara’s ‘outlier’ policy of attempting to drive economic growth with low interest rates. Odile Renaud-Bass…
A tight bear hug or looser embrace for Russia-backed separatists
By Clare Nuttall in Glasgow Long before Russia engineered the breakup of Ukraine by annexing Crimea and backing separatists in the east eight years ago and then invading earlier in 2022, it fundamentally weakened two more of the newly independent state…
bneGREEN: Nord Stream leaks: a catastrophe for climate goals
By Richard Lockhart in Edinburgh The explosions on September 25 at the Nord Stream 1 and 2 pipelines in the Baltic Sea off the Swedish and Danish coasts could create a climate catastrophe that is just beginning to be realised, although it offers rare o…