Category Global

Somali Pirates Release MV Abdullah After $5m Ransom

SOMALI pirates have released the hijacked ship MV Abdullah along with its crew of 23 following the payment of a $5 million ransom, as confirmed by two pirates involved in the operation. Abdirashiid Yusuf, one of the pirates, disclosed to Reuters that…

Zimbabwe’s New Currency, ZiG, Posts Strong Debut Week

ZIMBABWE’S latest currency, the Zimbabwe Gold (ZiG), has made an impressive debut, marking a 1.1 percent increase against the US dollar within its first week of trading. This development comes amidst heightened global tensions, propelling gold prices upwards and fostering investor…

Iran Confirms Attacking Israel

Iran has officially confirmed that it launched a drone attack targeting Israel, escalating tensions in the region significantly. The Islamic Revolutionary Guards Corps (IRGC) issued a statement on Saturday night declaring the deployment of unmanned aerial vehicles (UAVs) towards Israeli territory.…

U.S. Shoots Down Some Iranian Dones Headed Toward Israel

AMID the ongoing conflict between Iran and Israel, U.S. military forces have successfully intercepted several Iranian drones targeting Israel. This action is part of a broader attempt by the United States to support its ally while avoiding deeper involvement in the…

Ghana Confident In Debt Restructuring Amid IMF Success

GHANA’S Finance Minister voiced confidence on Saturday that the country would eventually strike a deal with international bondholders to restructure $13bn of debt, amidst ongoing efforts to navigate its deepest economic crisis in decades. This statement came as the IMF announced a…

Op-Ed: The impact of AI On Recruitment Practices

IN today’s fast-paced and competitive business environment, the use of artificial intelligence (AI) has become increasingly prevalent in various industries, including human resources and talent acquisition. One area where AI holds significant potential is in the hiring process, where the…

WHO Declares Nigeria First To Launch New Meningitis Vaccine

IN a groundbreaking development hailed by the World Health Organisation (WHO) as a global first, Nigeria, Africa’s most populous nation, has rolled out a revolutionary vaccine targeting meningitis, a deadly disease that has long plagued the continent. WHO Director-General Tedros…