Nairobi, Kenya By Cavan Osborne, portfolio manager, Old Mutual Investment Group A vast and largely untapped region, Africa has, for many years, been heralded as the final frontier when it comes to economic and investment opportunities. Key drivers such as its youthful demographics, increasing urbanisation, consumer demand and ongoing opportunity for technological innovation have buoyed expectations for its economic outlook. However, in recent years, the number of challenges facing the region have hindered investor sentiment and caused optimism around its investment prospects to wane, with foreign exchange risk being chief among these. For the last four years, Africa has experienced…
Author: THE CONNECTING NEWSPAPER
The Big Hash Announces His Upcoming U4ReaFest Concert. South African hip-hop sensation The Big Hash has officially announced the inaugural edition of his highly anticipated U4ReaFest concert. The Big Hash Announces His Upcoming U4ReaFest Concert Set to take place on September 21 at Mint The Veneue, U4ReaFest promises to be a monumental event for fans of the young star, marking a significant milestone in his rapidly ascending career. Taking to Instagram, the famed rapper announced the first phase of the lineup set to perform on the day as he announced the official tickets are already on sale. “GUYS! Finally having…
US Marine veteran Trevor Reed is on his way home after being released from Russia, where officials said he was wrongfully detained since 2019.“Today, our prayers have been answered and Trevor is safely on his way back to the United States,” his family said in a statement.Reed’s release came as part of a prisoner swap with Russia, with the US sending back Konstantin Yaroshenko, a Russian pilot sentenced in 2011 to a 20-year prison term for importing more than $100 million of cocaine.The surprise prisoner exchange was the result of long and difficult negotiations between the US and Russia, according…
Just as the drama surrounding star wideout Brandon Aiyuk and the San Francisco 49ers seemed to take a turn toward closure, the situation may be back at square one. Shortly after reports emerged that the two sides had renewed extension talks on Friday, Aiyuk broke his silence. Replying to an Instagram post, the former first-round pick threw cold water on the news, which he described as the 49ers “dropping reports.” Assuming that the “two options” are to either pay Aiyuk what he wants or trade him, a resolution is unlikely to be imminent. Meanwhile, the tone of Aiyuk’s comments raises…
How to Make Money from Online Auctions Do you need to empty your loft? Are you clearing space in your warehouse? Would you like to do something with the unwanted gifts cluttering your home? If you have items you’d like to get rid of, and they’re in good condition, you should consider selling them on an online auction website. How Online Auctions Work To use the auction site you need to register. Most sites have a simple registration form. Most sites will ask you for debit or credit card information when you register. These details are used for identity verification.…
A Ukrainian incursion into Russia’s Kursk region – the largest since the war began with about 1,000 soldiers and more than two dozen tanks and other armoured vehicles storming over the border this week – poses a threat to a major gas supply line from Russia to the European Union. While it may come as a surprise to many given the war in Ukraine, European countries like Austria, Hungary and Slovakia still buy gas from Russia – all of it flowing through the town of Sudzha in Kursk. Here’s the lowdown on the stakes for Europe, why European Union members…
Team USA captured three more Olympic titles on Day 14 of the 2024 Paris Olympics. But that wasn’t enough to maintain its lead in the gold medal race. The United States and China will enter penultimate day of the Games in a tie for the most gold medals at 33 apiece. The Americans’ latest gold medalists were sprinter Rai Benjamin, weightlifter Olivia Reeves and the women’s 4x100m relay team featuring Sha’Carri Richardson, Gabby Thomas, Melissa Jefferson and Twanisha “Teetee” Terry. The U.S. also had podium finishes in taekwondo, volleyball and wrestling on Friday, bringing its overall Olympics-leading medal count to…
TAIPEI, Taiwan – US Secretary of State, Secretary of Defense, the minister for foreign affairs and minister for defense of Australia convened the Australia-US Ministerial Consultations (AUSMIN) in the United States on August 6, 2024. After the meeting, the US Department of State and the Australian department of foreign affairs and trade issued a joint statement on the 34th AUSMIN. In the statement, the two countries reaffirmed the importance of maintaining peace and stability across the Taiwan Strait and their shared opposition to unilateral changes to the cross-strait status quo. They called for the peaceful resolution of cross-strait issues through…
Dre Island comin in, in a Dancehall Stylee, with this new track called “Nice Again”. De Song is taken from Dre’s upcoming album. The song is available now on all streaming platforms.Jamaican reggae / dancehall artist Dre Island delivers his new dancehall single ‘Nice Again’. Produced by longtime collaborator Dretegs, ‘Nice Again’ is a romance-infused dancehall track that has a classic 90s feel to it. Dre Island is a prominent artist who was part of the “Reggae Revival” of the mid-2010’s, a consciousness-raising and spiritually awakened era of artists coming out of Jamaica. Dre Island ability to fuse elements of…
Crop Over time is gonna be a special one this year, but to be honest, it has always been special. With the various music releases being churned out, we know that the people will be in for an amazing time. One person who is looking forward to it is Bajan Soca Artist Grateful Co as he looks forward to not only a fun Crop Over, but a stress-free life. He speaks about it in the new single, “No Horn“. Produced by Decibel Production and Green Shanti and released through The Parris Agency, Grateful Co is determined to be free of…