News

BRICS Rebuilding the House Uncle Sam Built?

South Africa Hosting the BRICS summit During the white privilege era of apartheid, Clifton Beach had long been the default visual subject matter for South African tourism. Nestled under the famous Twelve Apostle mountains in Cape Town, the suburb of Clifton Beach arches back steeply away from the Atlantic Ocean facing west, giving every house […]

‘Red’ China now a Financial Term

China’s Economy in Trouble The list of woes reads like a failed state. Except it’s China, the world’s second biggest economy. So the world cannot afford to let it fail. Let’s look at the data first. The Yuan has fallen to its lowest level in a decade and a half. This is a currency now […]

Mastercard’s Giant African Partnership with MTN

It’s a significant move that complements the focus on emerging fintech in Africa. Mastercard is to acquire a minority stake in MTN’s fintech division. This partnership with MTN appears as a Memorandum of Understanding announced in the company’s 2023 group results for the first half of the year. Due diligence is currently underway, and the […]