Author: damazah@gmail.com

Jacqui Lambie welcomes government’s allied health cap backdownJacqui Lambie has thanked the minister for “hearing us loud and clear” after the government scraps a proposed cap on allied health services for veterans.The $5,000 cap was due to take effect on 1 July 2027.Lambie, the Tasmanian crossbench senator and veteran, is debating her bill in the Senate which would permanently block any government from being able to impose caps on health services for veterans.She says the bill is needed to protect veterans in the future. double quotation markIf a veteran needs treatment because of their service, they should be able to…

Zambia’s capital market is set for its first gold exchange traded fund (ETF) by the end of October, as the Lusaka Securities Exchange (LuSE) moves to widen investment options and attract more domestic and foreign capital. Read also: When elections become an economic activity: Lessons Nigeria can learn from Zambia The ETF will be sponsored by South African lender Absa Group and listed through an introduction from the Johannesburg Stock Exchange, Nicholas Kabaso, chief executive officer of LuSE, told Bloomberg in an interview in Nairobi. The exchange is also preparing for five new company listings in the manufacturing, mining and telecommunications…

The boss of Snapchat says the firm would be “willing to implement” time limits for teens, following a call from Meta for it to take action.Evan Spiegel told the BBC in an interview at the company’s California headquarters that he believed setting a maximum amount of time that young users could spend on the app could be “an important step forward for the industry.” His comments came as the firm revealed a slew of new features for its upcoming Specs glasses, which it said could connect to Apple iPhone and Mac devices.Meta has been pressuring other social media companies to…

The UK government’s EU reset summit will be delayed again unless the bloc agrees to discuss legislation that could lock British business out of parts of EU industry, government sources have said.The “Made in Europe” legislation – formally known as the Industrial Accelerator Act – is designed to curb China’s increasing presence in European industry, but was not on the reset plan agreed by the former prime minister Keir Starmer and the European Commission chief, Ursula von der Leyen, in London in May 2025.A follow-up summit was due to be held in July this year, but was cancelled after Starmer’s…

American troops need to prepare for combat not only in Earth’s orbit but around the moon, Donald Trump’s top military adviser said on Wednesday, looking ahead to a new frontier in warfare after the US revealed for the first time that it has deployed weapons in space.Gen Dan Caine, chairman of the joint chiefs of staff, told service members and industry figures at the Air, Space and Cyber Conference outside Washington that the US military should adapt now so it “is prepared to fight, endure and win … from the seabed to cislunar space”.Cislunar space is a term that describes…

Todd Boehly and Mark Walter have sold their stakes in Chelsea in a deal under which Clearlake Capital takes full control of the Premier League club.The American billionaire businessmen Boehly and Walter were two of the investors who partnered with Clearlake to buy the club from Roman Abramovich in a sale mandated by the UK government in May 2022. The private equity company Clearlake had previously owned 61.5% of the club, with Boehly and Walter carving up the remaining shares with another investor, Hansjörg Wyss.A statement issued late on Wednesday night read: “Chelsea Football Club today announced affiliates of Clearlake…

Premier League champions Arsenal have been handed an away trip to League Two side Fleetwood Town in the fourth round of the Carabao Cup. Fleetwood, the lowest-ranked team remaining in the competition, secured their place in the last 16 for the first time in their history after a 1-0 victory over Sheffield United on Wednesday night. Their reward is a home clash against Mikel Arteta’s Arsenal, who booked their place in the fourth round with a 4-2 victory over Ipswich Town on Tuesday. Holders Manchester City will face Brighton at the Etihad Stadium if they overcome Norwich City in Thursday’s…

When he was confirmed, Democratic lawmakers had said Warsh would be Trump’s “sock puppet” and many Fed watchers expected him to carry out Trump’s persistent demands to slash rates. Trump had been heavily critical of Warsh’s predecessor Jerome Powell for not cutting them.Asked on Wednesday about the message the rate hike sent to Trump, Warsh chuckled before saying: “I have got nothing for you on a discussion with the president.”Soon after, Trump said on social media: “LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!”Democrats on Capitol Hill said the rate increase would make loans costlier and,…

The National Pension Commission (PenCom) has said its ambition is to ensure that every working Nigerian can access and build a pension, particularly workers in the informal sector and the emerging digital economy. The Director-General of PenCom, Omolola Oloworaran, disclosed this plan while speaking at the launch of the ninth edition of the Enhancing Financial Innovation & Access (EFInA) survey in Abuja on Wednesday. She argued that pension participation in the country increased from 7.8 per cent of Nigerian adults in 2023 to 9.1 per cent in 2026. While revealing these figures, the commission’s boss also called for greater use…

It turns out that the one thing that can apparently bridge Washington’s partisan divide is AM radio. U.S. automakers may be forced to build AM radio into new vehicles within the next year. The House of Representatives, in a rare instance of bipartisan support, overwhelmingly approved legislation on Wednesday that would require new cars, trucks, and SUVs to be built with AM radio at no additional charge to consumers. The AM Radio for Every Vehicle Act, which would direct the National Highway Traffic Safety Administration to require automakers to include AM radio in new passenger vehicles as standard equipment, will…