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EconomyWorld

US dollar dominance coming to an end

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CEO of Russia’s state-run bank VTB Andrey Kostin points to the inevitable rise of the Chinese yuan Exclusive News The hegemony of the US dollar is seriously challenged by the rise of the Chinese yuan and by Washington’s failed attempt to wreck the Russian economy by weaponizing the greenback, Andrey Kostin, head of Russia’s banking major VTB, told Reuters on Friday, according to RT…
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AfricaPolitics

Jacob Zuma date with justice.

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Zuma’s Stalingrad defence disintegrates after judges quash latest legal gambit in scathingjudgment Exclusive News Jacob Zuma has delayed his Arms Deal trial for 19 years with various forms of litigation, all of which have failed. And now, in a scathing judgment, the high court has stymied his attempt to bring private prosecutions against his prosecutor, Billy Downer, and…
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Africa

Putin discusses with Ramaphosa on Ukraine conflict resolution

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The Kremlin says the Russian president and South Africa’s Cyril Ramaphosa held a phone call to talk about the African peace initiative Exclusive News Russian President Vladimir Putin has agreed to host a delegation of African heads of state who plan to visit Moscow to present their peace initiative to end the Ukraine conflict, the Kremlin said on Wednesday, according to RT News. The…
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AfricaPoliticsWorld

Seven African leaders to meet Putin and Zelensky

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An African peace delegation will visit Kiev and Moscow, the Brazzaville Foundation has confirmed Exclusive News Members of the African Peace Initiative mission will travel to Ukraine and Russia next week to present their “road to peace” plan to the leaders of the two countries, the Brazzaville Foundation, an NGO facilitating the trip, announced on Wednesday, according to RT…
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AfricaReligion

Archbishop Justin Welby urges Ugandan Anglicans to reject anti-gay law

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This isn’t about imposing Western values, but about treating everyone with the respect they deserve, Justin Welby insists Exclusive News The Archbishop of Canterbury, Justin Welby, has voiced concern over the Ugandan Anglican Church’s endorsement of a recently passed Anti-Homosexuality Act, and urged the sister church to oppose it. “There is no justification for any province…
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AfricaBusinessEconomy

Saudi Arabia pushes for oil reduction quotas in Africa

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OPEC members have gathered in Vienna for a meeting widely expected to be contentious Exclusive News Saudi Arabia, the informal leader of the Organization of the Petroleum Exporting Countries (OPEC), is reportedly trying to negotiate a reduction of oil output quotas with smaller producers in Africa, the Wall Street Journal has reported, citing sources familiar with the matter, according…
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Africa

General elections date set in Zimbambwe

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The country’s president says voting will take place on August 23 Exclusive News Zimbabwean President Emmerson Mnangagwa has announced that the country will hold its presidential and parliamentary elections on August 23 as the southern African country grapples with economic instability and allegations of Western interference in its internal affairs, according to RT News. October 2…
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