Thursday, July 31, 2025

The Truth Banishes Fear!

South Africa’s power cuts “biggest challenge” for economy – Zuma

Hamilton Nwosa
Writer

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The 25 Richest Countries in the World (Depending on What’s Measured)

Key Takeaways Luxembourg’s immense output per person ($141K GDP per capita) masks much of its non-resident workers. Qatar’s oil windfall lifts GDP per capita ($72K) but that hasn’t spread into broader wealth, unlike Australia or Belgium. English-speaking countries translate middling GDP per capita into high median wealth through property ownership and strong pension systems. Generating…

Oil Prices Climb as U.S. and EU Reach Historic Tariff Agreement

The United States and European Union officially reached a tariff agreement on Sunday, averting a potentially crippling transatlantic trade war. Following months of contentious negotiations, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced the deal at Trump’s Turnberry golf resort in Scotland.   The announcement sent oil prices higher on…

Tinubu Names Olumode Samuel Adeyemi as New Federal Fire Service Chief

By Hamilton Nwosu  President Bola Ahmed Tinubu has appointed Deputy Controller-General (DCG) Olumode Samuel Adeyemi as the new Controller-General of the Federal Fire Service (FFS), effective August 14, 2025.   The announcement was made in a statement by the Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB), signed by its secretary, Abdulmalik Jibrin.  …

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zuma_normal-300x250Pretoria – South Africa President, Mr Jacob Zuma, said frequent cuts in power supply was the “biggest challenge” facing the country.

Zuma stated this while speaking with reporters on Tuesday in Pretoria.

Describing the poor electricity supply in the country as ‘’chronic’’, he said that it was adversely affecting economic development.

According to him, chronic electricity shortages have cut one per cent point off our economic growth.

The president also expressed concern over complaints about new visa regulations currently being implemented.

He, however, said that the government had set up a committee to address any “unintended consequences” from the new rules.

It is believed that new rules requiring parents to carry unabridged birth certificates for their children when travelling to South Africa have frustrated the country’s key tourism sector.

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