South Africa

South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: Report

Unathi Kamlana, the commissioner of South Africa’s Financial Sector Conduct Authority, has reportedly said the government’s rollout of a crypto framework would be aimed at mitigating any potential risks. According to a Friday report from Bloomberg, Kamlana said the financial regulator planned to present a regulatory framework early in 2022 intended to protect investors from “potentially highly risky” crypto assets. The commissioner said any framework on crypto would be created in coordination with the Prudential Authority and Financial Surveillance Board of the South African Reserve Bank. “What we want to be able to do is to intervene when we think that what is provided to potential customers are products that they don’t understand that are potentially highly risky,” said Kamlana. “We must...

Texas Gov. Greg Abbott Posts Goofy Tweet About South Africans Crossing U.S. Border, Twitter Spots The Stupidity

HipHopWired Featured Video CLOSE Source: izusek / Getty Gov. Gregg Abbott of Texas is stirring up some controversy for no good reason at all in the Lone Star State, and it has to do with a nation that sits over 9.000 miles away. After posting a tweet about South Africans illegally crossing the border in Texas, folks on Twitter are clowning Abbott for the goofiness of the tweet. On Sunday (Nov. 28), Gov. Abbott tweeted the following: Biden banned travel from South Africa because of the new Covid variant. Immigrants have recently been apprehended crossing our border illegally from South Africa. Biden is doing nothing to stop immigrants from South Africa entering illegally. Pure politics and hypocrisy. Now, it is possible that South Africans were already in Mexico and are part of some roving ...

COVID-19 Variant B.1.1.529 Raises Concerns Across South Africa

HipHopWired Featured Video Source: piola666 / Getty COVID-19 is still very much a part of our daily lives and while vaccinations and other mitigating factors have helped, the world is still in the grips of a pandemic. Earlier this week, a virologist in London discovered the B.1.1.529, raising concerns across South Africa at the moment. Dr. Tom Peaccok of Imperial College shared his findings via a string of tweets on Tuesday (Nov. 23) and others have chimed in with thoughts from his field of study. “Just spotted: very small cluster of variant associated with Southern Africa with very long branch length and really awful Spike mutation profile including RBD – K417N, N440K, G446S, S477N, T478K, E484A, Q493K, G496S, Q498R, N501Y, Y505H,” began Peacock’s Twitter thread. Peacock added, “Worth emp...

Top 10 Wealthiest African Countries According GDP in 2021

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Ongoing Skills Development is Key to Staying Ahead of the Digital Curve

Image sourced from Marketing91. The dawn of the Fourth Industrial Revolution (4IR) was always going to be fraught with challenges, but nobody could have predicted the massively disruptive event that was the COVID-19 pandemic. The world was thrown into turmoil and forced to adapt – it became a matter of ‘digital or die.’ The pandemic threw into stark relief the need to continually adapt skill sets to meet evolving requirements in a world where the only constant is change. With the future uncertain, one thing is for sure – ongoing skills development is the best defence to ensure organisations can pivot to handle digital disruption with ease. New World, New Skills The 2020 ‘Future of Jobs’ report from the World Economic Forum estimates that by 2025, on average, organisations will require 40% ...

Nigerian community disturbed over looting, destruction, violence in South Africa

The Nigerian Union South Africa (NUSA) has expressed concern over the looting, destruction and violence that has trailed the incarceration of former President Jacob Zuma of South Africa. NUSA, in a statement made available to newsmen by its President, Adetola Olubajo, urged Nigerians in South Africa, most especially in various cities in Kwa Zulu Natal and Gauteng Provinces, to be vigilant and adopt safety and security measures. ‘The union is highly disturbed seeing the extent of looting, destructions and violence perpetrated by the angry protesters during our fact-finding trip to Johannesburg this morning. ‘Violent protest erupted in KZN province during the weekend after the incarceration of former President of South Africa, Jacob Zuma. Over 18 trucks were set ablaze, businesses looted and...

South Africa extends tight coronavirus restrictions for another 14 days

South Africa extended tight COVID-19 rules on Sunday for another 14 days, maintaining restrictions that include a ban on gatherings, a curfew from 9 p.m. to 4 a.m. and a prohibition on the sale of alcohol. The country, the worst-hit on the African continent in terms of recorded cases and deaths, is in the grip of a third wave of infections driven by the more infectious Delta coronavirus variant. “Our health system countrywide remains under pressure,” President Cyril Ramaphosa said in a televised address to the nation. Early this month South Africa recorded a new record of over 26,000 daily cases, stretching hospitals to breaking point. Ramaphosa moved the country to the fourth level of a five-tier restriction scale in late June as infections climbed, promising to review the restrictions af...

UNICEF to supply AU states 220 million coronavirus vaccines

The UN Children’s Fund (UNICEF) has signed an agreement with Janssen Pharmaceutica NV to supply up to 220 million doses of the J&J single-dose vaccine to all 55 member-states of the African Union (AU) by the end of 2022. Some 35 million doses are to be delivered by the end of this year, UNICEF stated in a statement issued on Thursday in New York. The agreement, between UNICEF and Janssen Pharmaceutica NV, will help implement the Advance Purchase Commitment (APC) signed between the African Vaccine Acquisition Trust (AVAT) and Janssen last March. That agreement secured an option to order another 180 million doses, bringing the maximum access up to a total of 400 million doses by the end of 2022. The AU established AVAT in November 2020 to deliver COVID-19 vaccines to the African continen...

Olympic Games 2020 Football Squads: A complete list of all 16 men’s football teams

The men’s football tournament at this summer’s Olympic Games is set to kick-off on July 22, with 16 participating nations allowed to select 22 players. Due to the impact of the COVID-19 pandemic, the participants can use 22 players instead of the usual 18.  Players on the teams must be born on or after January 1, 1997, with the addition of three overage players. Let’s see the list of the confirmed squads. Suggested Article: Olympic Football 2020: Schedule, Odds & Live Streaming. Group A France  Goalkeepers: Paul Bernardoni (Angers), Stefan Bajic (Saint-Etienne), Dimitry Bertaud (Montpellier).  Defenders: Melvin Bard (Lyon), Anthony Caci (Strasbourg), Ismael Doukoure (Valenciennes), Pierre Kalulu (AC Milan), Clement Michelin (Lens), Timothee Pembele (Paris Saint-Germ...

New Film Captures Remote African Tribe’s Introduction to Electronic Music: Watch the Trailer

Do you ever wish you could go back and experience hearing dance music for the first time? The organizers of a thought experiment called The Ive Experience hoped they could instill a similar feeling of joy in a population that had never been exposed to the genre before. Perhaps unsurprisingly, the team behind the initiative had to travel to one of the most remote locations in the world to conduct and film the experiment, according to one organizer who shared a statement with EDM.com. The Himba tribe, a nomadic group hailing from Namibia in southwest Africa, haven’t even owned a radio let alone been exposed to electronic music. Nonetheless, many members of the tribe—believed to be around 50,000 strong—have a penchant for dancing. The tribe even has its own dance for everyday ...

South Africans gather in support of Jacob Zuma — a day before jail deadline

Hundreds of supporters gathered in a show of solidarity for former South African president Jacob Zuma outside his Nkandla homestead Saturday, as the deadline looms for him to hand himself over. In an unprecedented ruling, Zuma was on Tuesday told by the constitutional court to hand himself over by Sunday to start a 15-month jail term for contempt of court. Supporters, mainly members of the African National Congress’s Umkhonto Wesizwe military wing, have for weeks camped outside Zuma’s home in KwaZula-Natal province in solidarity with the former leader. Donning traditional leopard skins and ostrich feathers – wielding spears, shields and clubs known as “knobkerries,” men known as “amaButho,” or Zulu regiments marched in the streets of Nkandla, singing praise songs about Zuma. Bare-breasted ...

South Africa’s Jacob Zuma marches with supporters opposed to his jailing

Hundreds of supporters of Jacob Zuma marched alongside the former South African president in his hometown of Nkandla on Saturday, a show of force against a court decision to jail him for 15 months for failing to appear at a corruption inquiry. The constitutional court on Tuesday gave Zuma 15 months in jail for absconding in February from the inquiry led by Deputy Chief Justice Raymond Zondo. Zuma has until the end of Sunday to hand himself in, after which police are obliged to arrest him. “They can give Zuma 15 months … or 100 months. He’s not going to serve even one day or one minute of that,” his son Edward Zuma told Reuters at the gathering. “They would have to kill me before they put their hands on him.” The jail sentence was seen as sign of just how far Zuma, once a revered veteran of...

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