Kevin Warsh has been confirmed by the US Senate to be the chair of the Federal Reserve’s Board of Governors, succeeding Jerome Powell, whose term ends on Friday.

While an interest rate hike is now considered likely both in May and July, the investment bank is confident there won’t be a hike of 50 basis points.

The Vatican urged a breakaway Catholic group dedicated to the old Latin Mass to cancel plans to ordain new ‌bishops without consent from Pope Leo, warning the action would incur excommunication from the 1.4-billion-member Church.

For the first time in their history, Kaizer Chiefs have a Group Chief Executive Officer (GCEO) who will work closely with Dr Kaizer Motaung.

The United States has waived a controversial $15,000 visa deposit for 2026 FIFA World Cup ticket holders, offering relief to travelling fans.

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Global capital is not retreating from Africa, it is becoming more disciplined in how it is deployed. For South Africa, this presents both a challenge and an opportunity, and attracting sustained investment will depend not only on the strength of underlying opportunities but on how effectively capital can be structured, governed and deployed across borders. […]

The Dangote refinery in Nigeria offers a reminder that African ambition can materialise when the enabling environment and project size meet. AfCFTA’s promise is to replicate Dangote-like transformative industries across the continent across multiple sectors.

The KwaZulu-Natal High Court in Pietermaritzburg ruled on Thursday that the long-delayed arms deal corruption trial against former president Jacob Zuma and French arms company Thales must proceed.