The German government paved the way for the legalisation of cannabis on Wednesday, though it remains unclear whether the plan will pass muster at the European level. According to the plan approved by Chancellor Olaf Scholz’s Cabinet, cannabis and the active substance tetrahydrocannabinol (THC) would no longer be legally classified as narcotics. “The purchase […]
A majority of Ghana’s ruling party parliamentarians, on Tuesday, asked the President to sack the Finance Minister, Ken Ofori-Atta, and his deputy, with a view to “restoring hope in the financial sector”. Ghana is facing its worst economic crisis in a generation. Last week was the cedi currency’s worst in 15 years, falling nearly 20 […]
Kenya’s Capital Markets Authority (CMA) said on Tuesday that it has developed rules to enable micro, small and medium enterprises (MSMEs) to raise capital through crowdfunding. Wycliffe Shamiah, the Chief Executive Officer of CMA, said the new rules pave the way for Kenya’s MSMEs, which employ some 15 million people in the workforce, to raise […]
UN Refugee Agency (UNHCR) on Tuesday criticised Malaysia for forcing Myanmar refugees to return home despite severe human rights violations by the military junta in Myanmar. The UN body in Geneva said the Malaysian authorities are putting people’s lives at risk. The military took power in Myanmar at the beginning of February 2021 and since […]
An appeal has gone to African statisticians and data experts to initiate a road map for the modernisation of the continent’s official statistical systems to provide reliable information for informed decision-making. Ethiopia’s Deputy Prime Minister and Minister for Foreign Affairs, Mr Demeke Mekonnen, made the appeal while addressing the joint opening session of back-to-back […]
Malta plans to spend 508 million euros ($501.4 million) in 2023 to ease the impact of rising energy costs, Prime Minister Robert Abela has said. The NewsZenith reports that the island of Malta is a small independent nation-state that is located in the centre of the Mediterranean Sea in Europe. In the 2023 budget plan unveiled […]
A damaged Korean Air plane remained stuck in the grass at a central Philippine airport on Monday after it overshot a runway in rainy weather the night before. No injuries were reported among the 162 passengers and 11 crewmembers who escaped from the aircraft using emergency slides. Dozens of flights have been canceled and Mactan-Cebu […]
Rishi Sunak, former Chancellor of the Exchequer, will become the United Kingdom’s new Prime Minister after winning the ruling Conservative Party’s leadership contest triggered by the dramatic resignation of Liz Truss last week. Sunak’s win on Monday came days after Truss’s resignation following her disastrous tax cuts plans and policy U-turns plunged the markets into […]
Most parts of Bangladesh are witnessing gusty winds and heavy rain over cyclone Sitrang heading towards the South Asian country’s vast coastline. A special bulletin of the Bangladesh Meteorological Department (BMD) said on Monday that the cyclone was now staying at 525 kilometres southwest of Bangladesh’s Mongla port in the southern Khulna region and 590 […]
New Italian Prime Minister Giorgia Meloni has called for unity as she symbolically took power in a country that faced what she said were “multiple” challenges. Though Meloni was sworn in on Saturday, outgoing Prime Minister Mario Draghi ceremonially passed power to her on Sunday in a televised meeting at Palazzo Chigi, the official seat […]