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Day

February 3, 2021
Personal clashes in the legal services division of the South African National Defence Force (SANDF) has led to a string of court actions involving senior military legal officers.  Half a dozen of them have each instituted separate legal steps against the minister of defence, Nosiviwe Mapisa-Nqakula, and the chief of the SANDF, General Solly Shoke. ...
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In Africa, there is a race to define a digital currency standard for the emerging digital economy. So far, we have three dogs in this fight, with no case of a pan-African central bank digital currency either live or at pilot stage. Bitcoin, a form of decentralized digital currency with no issuer Facebook’s libra, now...
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On Sunday, Ethiopian forces stationed in the Abdel-Rafi area fired mortar shells towards a Sudanese reconnaissance force crossing the Abu Teyyour Mountains, according to news reports. No casualties were reported. Ethiopian authorities have called for dialogue on condition that Sudanese forces leave the disputed border region. Senior leaders in the Sudanese army, however, have stressed...
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SUKU, a blockchain startup that tracks luxury goods among other things, is moving its high-end sneaker authentication system to Hedera Hashgraph, after the fees on Ethereum became too high. The first SUKU application to migrate to Hedera is called INFINITE, and it uses non-fungible tokens (NFTs), one-of-a-kind digital watermarks, to authenticate and enable easy secondary...
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The ANC in the Eastern Cape has condemned former president Jacob Zuma’s defiance of the Zondo commission and called for his suspension from the party.  This as the party’s headquarters, Luthuli House in Johannesburg, remained mum on whether any action will be taken against Zuma after he released a letter in which he said he...
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Could GameStop-style short-selling speculation show up in China’s stock market?  Last week’s market frenzy in the U.S. may have inspired China’s crypto community to make more bets on dogecoin (DOGE) and bitcoin (BTC), but even the boldest traders are unlikely to try stirring up that kind of short-selling speculation in Chinese stocks. “The Chinese financial...
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