South Africa's Central Bank Pilots Tokenized Fiat Interbank Payment System

South Africa's Central Bank Pilots Tokenized Fiat Interbank Payment System

South Africa’s Central Bank (SARB) has successfully piloted a Proof-of-Concept (PoC) for an interbank payment system that tokenizes fiat using Quorum, according to an SARB press release published June 5th. Quorum is an Ethereum-based private blockchain. According to SARB’s report on the pilot, dubbed ‘Project Khokha,’ all of the bank’s goals were successfully achieved, the […]

S. Africa Economy Shrank Most in Nine Years as Zuma Era Crumbled

S. Africa Economy Shrank Most in Nine Years as Zuma Era Crumbled

South Africa’s economy shrank the most in nearly a decade during the first quarter, racking up the worst performance of Jacob Zuma’s tenure just as he handed the reins of power to Cyril Ramaphosa. Gross domestic product shrank an annualized 2.2 percent in the first quarter compared with the prior three months, Statistics South Africa […]

Pentagon May Cut Commando Forces in Africa in Major Military Review

Pentagon May Cut Commando Forces in Africa in Major Military Review

Some of the reassigned troops could be put on potential missions against Russia or China. Or, officials said, they could rotate into deployments to ease the strain on American commandos who have repeatedly been sent abroad. Maj. Sheryll I. Klinkel, a Pentagon spokeswoman, declined to comment on the specific planning reductions being considered but confirmed […]

South Africa U20s

South Africa U20s

South Africa U20s  Sport24 Ireland U20’s semi-final hopes dashed by South Africa  RTE.ie South Africa v Ireland LIVE score updates from the World Rugby U20 Championship  Irish Mirror Full coverage Source link

Letter from Africa: Mali 'Spiderman' is the superhero of our modern age

Letter from Africa: Mali 'Spiderman' is the superhero of our modern age

Media playback is unsupported on your device Media captionMalian “Spiderman” rescues Paris child – then meets French president In the latest in our series of letters from Africa, Sudanese cartoonist Khalid Albaih says the Malian migrant who scaled a building to save a child in Paris is the kind of superhero the world’s migrants need. […]

Seminude School Performance Sparks Debate About Tradition in South Africa

Seminude School Performance Sparks Debate About Tradition in South Africa

The performance raised questions about the uneasy balance between cultural appreciation and modern views of dignity and female empowerment. The episode also highlighted the unintended consequences of digital technology, which, in this case, spread local images to a far wider, even global, audience. The so-called reed dance is performed each year in seminudity in other […]

Weezer finally covers 'Africa' and it's a hot contender for song of the summer

Weezer finally covers 'Africa' and it's a hot contender for song of the summer

Who says dreams can’t come true? After months of campaigning, one cult band has another cult song cover, setting the internet alight and possibly creating the song of summer 2018. Africa by Toto is considered one of the quintessential 80s pop songs and irrepressible earworms. On the internet, however, the song is timeless and is […]

Raptors' DeRozan, 76ers' Embiid headline NBA Africa Game 2018

Raptors' DeRozan, 76ers' Embiid headline NBA Africa Game 2018

NEW YORK AND JOHANNESBURG – The National Basketball Association (NBA) and the National Basketball Players Association (NBPA) announced today that the NBA Africa Game 2018, the NBA’s third game in Africa, will take place Saturday, Aug. 4 at 5:00 pm CAT (11:00 am ET) at Sun Arena at Time Square in Pretoria, South Africa. The announcement […]