Author: ifonge

The Nigeria Labour Congress (NLC) has said it expects the Federal Government to present concrete proposals addressing workers’ outstanding demands as negotiations resume on Tuesday, October 27, 2026. The talks follow an earlier meeting that ended without an agreement on petrol prices, minimum wage negotiations and other unresolved labour issues affecting public-sector workers. The NLC had insisted that the government should come prepared with responses to demands already submitted by organised labour rather than prolong discussions without concrete commitments. The previous meeting, held on October 22, ended without a resolution after the government delegation reportedly arrived without the necessary mandate…

Bukalapak has kept its profit streak alive, though only just. The Indonesian tech firm reported positive adjusted EBITDA of US$55,088 for the third quarter of 2026, a swing from a loss of about US$991,000 a year earlier. Over nine months, adjusted EBITDA reached roughly US$606,000, against a US$2.9 million loss in the same period of 2025. Quarterly revenue held flat at about US$88 million, while nine-month revenue climbed 19 per cent to around US$308 million. Gaming now does the heavy lifting. Its marketplaces, Itemku and Lapakgaming, generated about US$77 million in quarterly revenue, and nine-month gaming revenue rose 27 per cent…

IMF data for 51 African economies show that the commodity net export price index rose in 14 of them and fell in 37 between January–February and March–May 2026. The commodity import price index rose in all 51. Photo courtesy of Rifat Rahman. By Rifat Rahman What was measured The International Monetary Fund’s Commodity Terms of Trade database (version 5.0.1, published 15 June 2026) tracks, for each country, the international prices of up to 45 commodities weighted by that country’s own trade in them. In the IMF’s words, the net index “proxies the windfall gains and losses of income associated with…

Since BCG’s 2024 AI Maturity Matrix, Japan and South Korea join Canada, Mainland China, Singapore, the UK, and the US as AI Pioneers New BCG Research finds AI readiness has significantly advanced globally, with execution speed by governments differentiating leaders  Deployment is scaling quickly, and managing AI sovereignty and the broader impact will become policy priorities Nigeria advances into a higher maturity tier while Kenya, Morocco, Egypt and South Africa accelerate investments in skills and digital infrastructure. Artificial intelligence has moved from potential to proven economic value. While ambition setting is near universal across economies, execution speed is the differentiator,…

Sevilla vs Osasuna closes La Liga Matchday 10 at the Ramón Sánchez-Pizjuán on Monday, 26 October 2026. Kick-off is at 22:00 SAST for South African fans, with Sevilla sixth on 14 points and Osasuna tenth on 11 points before the match. Sevilla are trying to end a three-match winless run, while Osasuna arrive after a 2-0 home victory over Racing de Santander in Jagoba Arrasate’s first match back as head coach. For the wider Spanish top-flight picture, see SportPesa South Africa’s La Liga 2026/27 season preview. Sevilla vs Osasuna match details Match detailInformationFixtureSevilla FC vs CA OsasunaCompetitionLa Liga 2026/27…

…as World bank, others call for stronger accountability, measurable outcomes Increased allocations from the Federation Account have enabled state governments to expand spending on roads, healthcare, education, workers’ welfare and other public services, but officials and development partners have warned that higher revenues must be matched by stronger accountability and measurable results. Speaking during a plenary session at the 32nd Nigerian Economic Summit (NES 32), Abdullahi Sule, Nasarawa State Governor, said improved revenue allocations had helped his administration undertake infrastructure and social-sector projects without relying on commercial bank borrowing to the same extent as previously. He cited investments in roads,…

Updated October 27, 2026 — 9:30am,first published 9:02amSaveYou have reached your maximum number of saved items.Remove items from your saved list to add more.No gift articles leftYou’ve used all of your gift articles. 3 more will become available on the 1st of every month.CloseAAAWashington: The US Department of Justice has charged former FBI director James Comey with leaking national defence information, marking the third time the political enemy of President Donald Trump has been charged in the past 13 months.The charges, unsealed on Monday (US time), accuse Comey with directing an individual, “through one and more co-conspirators”, to disclose national…

OPINION | Why Sifuna is the top graduate of ‘Raila Odinga Academy of Politics’ The late ODM party leader Raila Odinga with the then ODM Secretary General and now Linda Mwananchi Movement leader Edwin Sifuna. PHOTO/UGC. By PATRICK MAYOYO newsdesk@africaeconews.co.ke I have followed Nairobi Senator Edwin Sifuna’s political journey with keen interest since his election to the Senate and subsequent appointment as Secretary-General of the Orange Democratic Movement (ODM). I have watched him navigate the treacherous waters of Kenyan politics, confront powerful adversaries and challenge even those within his own then political family (ODM). Yet, of all the lessons he…

Arabia Iman Discusses the Blended Household as the NFL Player Expects a Child With Girlfriend Lex Matthew Judon’s home life just became public property. Arabia Iman, the mother of his seven-year-old son, posted a kitchen video introducing their “unorthodox family.” The household includes Judon, Iman, his girlfriend Lex, and three children. Lex is eight months pregnant with Judon’s child. Iman counts the whole crew as “6.5” under one roof. The reel lands just weeks after the San Francisco 49ers cut the four-time Pro Bowler from their practice squad. Judon answered with a playful comment urging fans to “let the program…

Ncikazi left Pirates last week and has since joined Golden Arrows as their new head coach. Orlando Pirates will appoint Mxolisi Mngomezulu as the club’s new assistant coach following Mandla Ncikazi’s departure, Phakaaathi has learnt. Ncikazi left the Buccaneers last week and has since joined Golden Arrows as their new head coach. According to a source, Pirates coach Abdeslam Ouaddou has asked the club’s management to appoint Mngomezulu as his assistant. “Ouaddou holds Mngomezulu in high regard. He recognises his work as a youth coach, and with Pirates having the youngest squad in the league, he believes he can help…