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{ "@context": "https://schema.org", "@type": "NewsArticle", "dateCreated": "2024-12-02T21:43:39+02:00", "datePublished": "2024-12-02T21:43:39+02:00", "dateModified": "2024-12-02T21:43:37+02:00", "url": "https://www.newtimes.co.rw/article/22298/news/africa/how-digitalisation-is-transforming-trade-in-africa", "headline": "How digitalisation is transforming trade in Africa", "description": "The digitalisation of trade has increased efficiencies in trade processes and changed how trade is conducted on the continent. However, a number of...", "keywords": "", "inLanguage": "en", "mainEntityOfPage":{ "@type": "WebPage", "@id": "https://www.newtimes.co.rw/article/22298/news/africa/how-digitalisation-is-transforming-trade-in-africa" }, "thumbnailUrl": "https://www.newtimes.co.rw/thenewtimes/uploads/images/2024/12/02/65402.jpg", "image": { "@type": "ImageObject", "url": "https://www.newtimes.co.rw/thenewtimes/uploads/images/2024/12/02/65402.jpg" }, "articleBody": "The digitalisation of trade has increased efficiencies in trade processes and changed how trade is conducted on the continent. However, a number of challenges need to be addressed in order to streamline digital trade and ensure its benefits are realised and shared inclusively. The New Times’ Tesi Kaven spoke to David Beer, the CEO of TradeMark Africa on the challenges, opportunities, and the future of digital trade in Africa. Below are the excerpts: How is digitalisation changing trade in Africa? We have seen improvements in the reduction of cost and time of trading across borders after digitalising many trade processes. At TradeMark Africa, we have implemented over 100 digital trade processes in conjunction with our government and private sector partners across Eastern Africa and even further. We have seen the average time to complete trade processes come down by around two thirds or 66 hours. That makes a big difference to exporters and increases their margins and makes them more profitable. We have worked with the government of Rwanda to put in place the electronic single window, which has reduced the time taken to complete those trade processes by half. We have also worked with the government of Kenya to put in place their integrated customers management system that reduced the time to clear air freight from about four days to just a couple of hours. In Uganda, we did the same thing and saw annual costs come down by about $26 million. So, digitisation is making a real difference in trade on the continent. How can digital trade grow and thrive amidst a widening digital divide? TradeMark developed an app for traders at the bottom of the pyramid to be able to access market information across borders. If I'm producing avocados in Uganda, I can look at price information across the border of Kenya, so I can sell my goods at a higher price. The app also provides a simple bookkeeping function that enables business owners run their businesses effectively. Products like these are making a difference, but there are some challenges. If traders are in rural areas and have trouble accessing the internet or accessing electricity, then the rapid digitalisation of trade across Africa risks leaving them behind. We need to look at the digital infrastructure and connectivity and ensure that more people have access to the internet. Digital literacy is also critical, helping people use and benefit from digital tools. There is work to be done at many levels. Apart from the digital divide, what other challenges are hampering the growth of digital trade in Africa? The digitalisation of trade processes has been a challenge. However, we have seen a real demonstration of proof of concept as far as digital tools are concerned and a rapid up-take by both governments and businesses, because it is a win-win for everybody. Businesses win because it's cheaper and quicker to export their products and governments win because they get their revenues from increased exports. There is also much work to be done to make e-commerce seamless on the continent. There are issues around data governance, cross-border payment systems and interoperability between countries. These can be solved if governments work together to create the regulatory frameworks that will enable e-commerce to really take off. What policy changes are needed to make digital trade seamless? We need policy shifts at the regional and continental level. For example, there is a need to harmonise regulations for cross-border payments. There's been some good initiatives already including the Pan-African Payment and Settlement System (PAPSS) by the African Export-Import Bank (Afreximbank) as well as the East African Payments System (EAPS) by the East African Community (EAC). But we really need to see how to make these systems work, especially for people at the bottom of the pyramid, who are using mobile money for cross-border payments and not just central banking. Also, harmonisation of data governance and intellectual property protection and making sure that those standards are at least mutually recognisable between countries is going to be really important. What's the future of digital trade? I think there is a future for digitised trade across Africa and there's a real opportunity to position Africa as a pioneer in green trade. The African Continental Free Trade Area (AfCFTA) Secretariat has had its digital trade protocol ratified, and we're really excited by that because that will create a harmonised framework across the continent. But the future is also one of new technology. Trademark has been working with the government of Kenya and the IOTA Foundation to develop a blockchain-based trade logistics platform so that you can put all of the documentation you need for a trade process in one place. The beauty of blockchain or distributed ledger technology is that it's non-falsifiable, so you can guarantee the genuineness of all documents. We're expecting this technology to dramatically reduce the need for verification and the number of checks, and therefore reduce on costs and time. We are also seeing customs agencies starting to use artificial intelligence to put in place better risk-based verification and management of goods that are coming in. Again, that increases accuracy of checks and reduces the number and burdensome nature of checks as well.", "author": { "@type": "Person", "name": "Tesi Kaven" }, "publisher": { "@type": "Organization", "name": "The New Times", "url": "https://www.newtimes.co.rw/", "sameAs": ["https://www.facebook.com/TheNewTimesRwanda/","https://twitter.com/NewTimesRwanda","https://www.youtube.com/channel/UCuZbZj6DF9zWXpdZVceDZkg"], "logo": { "@type": "ImageObject", "url": "/theme_newtimes/images/logo.png", "width": 270, "height": 57 } }, "copyrightHolder": { "@type": "Organization", "name": "The New Times", "url": "https://www.newtimes.co.rw/" } }MILWAUKEE (AP) — Erik Pratt had 20 points to help Milwaukee defeat North Central College 92-57 on Sunday. Pratt shot 5 for 9 (3 for 7 from 3-point range) and 7 of 8 from the free-throw line for the Panthers (9-4). Jamichael Stillwell scored 12 points and added 10 rebounds. Learic Davis had 12 points and went 6 of 9 from the field (0 for 3 from 3-point range). The Cardinals were led in scoring by Sean Molloy, who finished with eight points. James Bullock and Drew Gaston scored seven each. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

NoneEastEnders icon Shaun Williamson stuns Ally Pally as ‘Barry’ belts out 1980s hit on stage at World Darts Championship

SEC foes meet when the No. 3 Texas Longhorns (10-1) and the No. 19 Texas A&M Aggies (8-3) play on Saturday, November 30, 2024 at Kyle Field. What channel is Texas vs. Texas A&M on? What time is Texas vs. Texas A&M? Texas and Texas A&M play at 7:30 p.m. ET. Texas vs. Texas A&M betting odds, lines, spread Odds courtesy of BetMGM Texas schedule Texas A&M schedule This content was created for Gannett using technology provided by Data Skrive.Ezewiro scores 19 and UAB takes down Alcorn State 91-74

PITTSBURGH (AP) — Pittsburgh Steelers wide receiver George Pickens was a full participant in practice on Monday, opening the door for him to return from a three-game absence on Wednesday when Pittsburgh hosts the Kansas City Chiefs. Pickens hasn't played since tweaking his hamstring earlier this month. The Steelers (10-5) have struggled to generate much in their passing game with their leading receiver watching from the sideline in sweatpants. Though Monday's practice was a walkthrough, Pickens said he felt good and hopes he'll be able to face the two-time defending Super Bowl champions. The 23-year-old was going through post-practice drills on Dec. 6 when he felt his hamstring tighten up, forcing him to miss the first games of his three-year career. Pittsburgh has gone 1-2 in his absence, including back-to-back losses to Philadelphia and Baltimore in which Russell Wilson passed for just 345 yards while missing one of the NFL's top downfield threats. Wilson is encouraged by the way the sometimes mercurial Pickens — who has been flagged and fined multiple times this season for infractions ranging from facemasks to unsportsmanlike conduct — has remained engaged. “He’s been great in the midst of his little trial here over the past few weeks,” Wilson said. “And so we’re excited to have him back if that’s the case fully and let him do his thing.” Safety DeShon Elliott (hamstring) and defensive tackle Larry Ogunjobi (groin) were also listed as full participants on Tuesday. Neither veteran has played since getting hurt against Cleveland on Dec. 8. While Pickens, Elliott and Ogunjobi could be available as Pittsburgh tries to hold off Baltimore for the AFC North lead, cornerback Joey Porter (knee) and WR Ben Skowronek (hip) are likely out after missing practice for a second straight day. ___ AP NFL: https://apnews.com/hub/nfl The Associated PressMatías Tarnopolsky to become New York Philharmonic CEO, teaming with Gustavo Dudamel

And we end the year still wondering if casino operator Star Entertainment Group will join the casualty list after cycling through an investigation into whether it is fit to hold a casino licence (it still isn't), a new CEO and board. Star remains teetering on the brink of collapse, with both investors and lenders reluctant to help deal with the cash crunch that has taken hold as consumer spending at its casinos drops while regulatory costs and other expenses soar. Star Entertainment teeters on the brink of collapse. Credit: Louie Douvis Greed is not good Interestingly, companies that had no trouble turning a quid were finding themselves in hot water. This scrutiny kicked off in February with a union-backed inquiry into price-gouging produced by former competition watchdog head Allan Fels. It found that Australians are paying too much for everything from airline seats and energy prices to groceries and childcare. "Australians are paying prices too high too often, and the cause is weak and ineffective competition," Fels said in an address to the National Press Club. Retailers such as Coles and Woolworths were called to give evidence in Canberra as politicians joined the price-gouging fury as prices and interest rates gave voters no relief. It led to the lament from Michael Chaney, the chairman of Bunnings owner Wesfarmers, to investors at last month's AGM that there were "outsiders" for whom "profit seems to be a dirty word". He expounded on how important profits were for government taxes and shareholders and, as it happens, Mrs Chaney. She is apparently the direct hold of the Chaneys' multimillion-dollar Wesfarmers stake, which was slashed just weeks ago when they sold more than $2.8 million worth of stock – their first sale in more than seven years – for "financial planning" purposes. In August, it was Qantas boss Vanessa Hudson defending the once-iconic airline's $1.25 billion profit by saying: "We have to maintain a certain level of profitability because... Colin KrugerIn a market ripe with potential, Notcoin (NOT), Ethereum Name Service (ENS), and BlockDAG are capturing attention for varied reasons. Notcoin’s potential surge, driven by a bullish falling wedge pattern, might lift its price to $0.012, offering quick profits for those keen on technical setups. ENS is transforming Web3 by making blockchain interactions user-friendly with easily remembered wallet addresses, establishing its role as a key player in decentralized identity systems. Yet, it’s BlockDAG that captures the limelight with its $152M presale achievement and its innovative integration of blockchain and DAG technology. With its exceptional scalability, easy dApp development, and global partnerships, BlockDAG is more than a crypto project—it's a prudent option for the future. Notcoin (NOT) Anticipates a Breakout: Analysts Point to a Promising Scenario The crypto community is closely watching Notcoin (NOT) as its recent declines seem to be stabilizing, suggesting an imminent breakout. Analyst Ali, a notable figure in the field, recently spotted a bullish reversal pattern in Notcoin’s chart. This pattern, known as a falling wedge, typically indicates a potential upward movement and might soon trigger a significant price increase. Currently, the price is in a consolidation phase, with a balance between buyers and sellers—often a sign of impending major movements. Ali highlights the wedge as a solid risk-reward scenario. Should the breakout occur, Notcoin could reach $0.012, an important resistance point, offering a considerable gain from current levels. For market participants looking for opportunities, Notcoin’s pattern provides a strong case for short-term investment prospects. Web3 Accessibility Unlocked: A Look at Ethereum Name Service (ENS) Ethereum Name Service (ENS) is streamlining blockchain interactions by replacing complex wallet addresses with simple names like username.eth. This decentralized domain service boosts usability, facilitating smoother crypto transactions, NFT management, and decentralized application (dApp) interaction. ENS enables easier navigation across multiple blockchains, enhancing user experience in the digital space. As a fundamental part of Web3 infrastructure, ENS promotes secure and easily accessible digital identities, aligning with the decentralized internet's objectives. Its role in enhancing interoperability and usability underscores its importance within the expanding blockchain ecosystem. By simplifying interactions and bolstering digital identity security, ENS holds significant promise for those exploring the digital landscape. Capitalizing on BlockDAG: A Premier Presale of the Season Cryptocurrency presales are an ideal opportunity to engage early and benefit as projects expand. Among the notable presales, BlockDAG has distinguished itself as a transformative force. Raising over $152 million with early returns topping 2240%, BlockDAG’s presale demonstrates its immense potential. BlockDAG merges blockchain and Directed Acyclic Graph (DAG) technology to offer unmatched scalability and efficiency. Its ability to process blocks concurrently, without sacrificing security or decentralization, positions it as a leading blockchain solution. The platform also introduces a user-friendly smart contract builder, democratizing decentralized application development. BlockDAG achieved a significant milestone with its mainnet development completion on November 14th. The project is now in the audit phase, emphasizing its advanced DAG-PoW hybrid technology tailored for rapid and scalable transactions. BlockDAG’s updated website and active community engagement further solidify its standing as a top project in the crypto realm. With a bold $600 million presale goal and significant partnerships, BlockDAG is gaining traction. Industry experts believe BDAG coins could soon exceed $30, marking it as an exceptional opportunity during this bull run. If you're seeking a project with robust potential and forefront innovation, BlockDAG demands attention. Conclusive Insights As Notcoin prepares for a possible price surge and ENS reshapes Web3 usability, both initiatives offer intriguing prospects. However, the remarkable presale performance, cutting-edge technology, and worldwide collaborations of BlockDAG distinguish it as the definitive leader among these three. Its capacity to handle multiple blocks concurrently without compromising security makes it a pivotal player in blockchain technology. With returns already surpassing 2240% and a strategy supported by practical adoption, BlockDAG is at the forefront of this blockchain evolution. Whether aiming for immediate gains or long-term growth, BlockDAG’s momentum and promise position it as the primary selection. Now is the moment to align with blockchain innovation before it becomes mainstream. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.The crypto arena is more volatile right now, as many tokens are showing red price charts. Even top crypto coins like Cardano (ADA) and Ripple (XRP) are on a downtrend. However, prominent analysts like Gert van Lagen and Crypto Tony are still bullish on these tokens. Their ADA and XRP price predictions are still exciting traders. In this environment, a new phase eight presale star is also making headlines - IntelMarkets (INTL) . Early investors in this project are already 710% richer. Since IntelMarkets will also tap into the growing AI market, which Statista predicts may be worth $826B by 2030, many experts are also bullish about its growth potential. They forecast a potential 900% surge for INTL in 2025. IntelMarkets (INTL) Seen as a Crypto Superstar With 710% Gains So Far While Cardano (ADA) and Ripple (XRP) are experiencing some turbulence right now, IntelMarkets (INTL) is making headlines with its price growth. This phase eight presale star has already gone up by 710%, and more price pumps are coming. With nearly $5M raised and 4M INTL tokens already sold, it is clear that people have faith in IntelMarkets' long-term vision. This upcoming trading platform aims to rule the market by combining AI technology with blockchain. Therefore, traders will get access to features not available anywhere else. For instance, while most trading interfaces show mixed signals, the Intell-ArrayTM monitoring system will generate a holistic signal bringing one holistic signal backed by over 100K data points. The INTL native token will power this platform. Those who hold this altcoin will get governance voting rights, access to new features first and more. Traders can now buy INTL for just $0.07 in phase eight of its presale. However, this price will jump to $0.082 after phase nine begins. Furthermore, traders are excited about INTL as a top-tier crypto exchange listing is expected to bring this price to $0.11. In other words, a 50% return for all who buy INTL now. Cardano (ADA) Price Goes in the Red, Analyst Remains Optimistic Cardano (ADA) is seeing some red price charts even though it's one of the best cryptos. CoinMarketCap shows that the price of Cardano fell over 20% in the past week alone. Its value moved between $1 and below $0.85 in that period. Crypto analyst Gert van Lagen made headlines recently with his Cardano price prediction. According to his X post, the value of this altcoin may skyrocket to $31 by 2027. This forecast has stunned many traders, who are now paying attention to Cardano (ADA). However, the Cardano market cap is $30B, which could slow its growth. Thus, ADA will need to see a large influx of new money in order for its price to surge. Crypto coins like INTL will not have this problem. Crypto Tony: The Price of Ripple (XRP) Looks Healthy and May Rise Soon Ripple (XRP) is another altcoin experiencing some turbulence. On the one-week chart, the Ripple price has dropped from around $2.40 to below $2.10, nearly a 10% fall in just the last seven days, according to CoinMarketCap. Nevertheless, market expert Crypto Tony remains optimistic about Ripple (XRP). In a recent X post, he told his followers that this altcoin looks healthy. He also said that a pullback would be a good thing as his Ripple price prediction shows a rise to $3.90. Although the Ripple coin may see a price increase soon, it is worth noting that its price rose over $250 on the YTD chart. Therefore, its highest upswings may have passed already. Because of this, traders turn to INTL instead. What May Come for IntelMarkets (INTL), Cardano (ADA) & Ripple (XRP)? Cardano (ADA) and Ripple (XRP) could rebound soon, as they have strong community backing, which could push their value up. Experts are also bullish on IntelMarkets (INTL), which is strategically positioning itself to capitalize on the growth of the AI market. Its smaller market cap may bring faster price gains with less money. As a result, experts foresee a potential 900% surge for this altcoin in 2025. Presale: https://intelmarketspresale.com/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Amorim faces no pressure on Rashford selection – Paper RoundKUWAIT: Burgan Bank upheld its leadership position throughout 2024 on the social responsibility front with its continued efforts to support Kuwaiti society across various fields. In addition to its pivotal role in the banking sector, Burgan remains committed to empowering youth, supporting women, enhancing education and health sectors, advancing the sports, arts, and cultural scenes, as well as supporting community and humanitarian initiatives across Kuwait. In adherence to environmental, social, and governance (ESG) principles, Burgan Bank strives to achieve sustainable development through a wide range of innovative initiatives and programs in line with its slogan “Driven By You”. “‘Driven By You’ is not merely a slogan but a work philosophy that manifests in Burgan Bank’s social responsibility achievements for 2024,” said Hessa Hussain Al-Najadah, Senior Manager – Corporate and CSR Communications at Burgan Bank. “Throughout the year, the bank reinforced its role as a key partner in building a better future for its community and a major contributor to the development of the cultural and institutional infrastructure, thus charting new horizons for growth and development.” Al-Najadah added: “Burgan Bank’s initiatives included a wide range of diverse activities and events, covering several areas such as youth support, education, women’s empowerment, contributing to the development of the sports and health sectors, in addition to supporting community and humanitarian initiatives, financial awareness, and supporting national projects.” Sponsoring sports events Throughout 2024, and under the umbrella of its efforts to contribute to Kuwait’s strategy for sustainable development, Burgan Bank sponsored various sporting events and activities that served to encourage a healthy lifestyle in Kuwait. In addition, the bank signed a strategic partnership with the Kuwait Olympic Committee (KOC) to sponsor the cohort of champions who represented Kuwait at the Paris 2024 Olympic Games. This agreement came as an extension of the long-standing cooperation between Burgan Bank and KOC. Unlike traditional sponsorship of Olympians, this partnership adopted a unique vision that spanned two years of diligent preparations with Burgan Bank supporting the Kuwaiti champions in their mission to reach the Olympic Games in Paris. It was a joint journey that reflected Burgan’s commitment to supporting national athletes throughout their careers. Other sponsorships included Salwa Al-Sabah Sport Club’s women’s handball and volleyball teams during the current season, as part of its ongoing efforts to support the sports sector in Kuwait and enhance national talents. In addition, Burgan Bank sponsored the Kuwait Equestrian Federation (KEF) Tour for the 2023/2024 season’s endurance competition. This sponsorship, considered the most prominent in the local sports arena for the third year in a row, reflects the bank’s commitment to promoting the sports culture in Kuwait as part of its comprehensive social responsibility program and its commitment to supporting the development and growth of society. In addition, Burgan Bank extended its strategic sponsorship, for the second consecutive year, to the ninth edition of Flare Festival, Kuwait’s largest fitness competition. Moreover, the bank sponsored Kuwaiti students’ participation in a football match between the University of Bristol and the University of the West of England, hosted by the Bristol Rovers Football Academy at Memorial Stadium. Financial awareness As part of its efforts to raise public awareness of financial literacy and safe banking practices, under the umbrella of its continued support of the national banking awareness campaign, Burgan Bank concluded its sponsorship and participation in the fifth edition of the Gulf Cybersecurity Challenges Conference and Exhibition. In light of the significant increase in financial fraud and the Ministry of Interior’s success in handling many fraud reports since the establishment and operation of the virtual room to combat fraud, Burgan Bank renewed its efforts to urge its customers to follow the best banking practices and the necessary measures to avoid falling victim to financial fraud. The bank also participated in the virtual room to combat fraud (Aman) – established by the Kuwait Banking Association (KBA) under the supervision of the Central Bank of Kuwait (CBK), with representatives from all local banks in cooperation with the Ministry of Interior and the Public Prosecution – to tackle electronic financial fraud reports around the clock, seven days a week. As part of its support for the “Let’s Be Aware” (Diraya) campaign, Burgan Bank continued to raise financial literacy and banking awareness by regularly sharing practical advice and clear instructions on the safest use of banking products and services, especially during high-spending seasons, such as travel seasons and official holidays, when financial fraud escalates. Burgan Bank also delivered numerous workshops throughout the year on banking awareness and financial literacy at different schools and universities as well as events, whereby Burgan representatives discussed the latest fraud and scamming trends. As part of its active contribution to the campaign during the summer vacation, Burgan Bank published several awareness messages on its website and across its various social media accounts. With each contribution, Burgan redirects public awareness to the most prominent fraudulent operations and common electronic hacking attempts, further providing security guidelines for customers to protect their personal information, bank accounts, and valuable savings. Community initiatives In line with its dedicated social responsibility program and as part of its continuous support for its community, Burgan Bank, under the auspices and in the presence of Sheikh Humoud Jaber Al-Ahmad Al-Sabah, Governor of Al-Ahmadi, extended its support to the Kuwait Society for the Handicapped by donating essential equipment and supplies to the association’s educational center in Al-Ahmadi. Burgan Bank also sponsored the annual “Art’s Night” event organized by the American United School (AUS) in Kuwait for teachers, students, and their families, as part of its continuous efforts to support, empower, and develop Kuwaiti students. In addition, the bank sponsored AUS’s annual National and Liberation Day celebrations held on the school’s premises. This day-long carnival was attended by approximately 1,500 participants, including employees, students, and their families, reflecting the essence of Kuwaiti society. Cooperation with the Kuwait Food and Relief Bank In cooperation with the Kuwait Food and Relief Bank and as part of its comprehensive social responsibility program, Burgan Bank distributed Iftar meals in various areas of Kuwait. This initiative, which embodies the spirit of giving that characterizes the holy month of Ramadan, came under the umbrella of Burgan’s committed corporate citizenship and solidarity and within the framework of its active role in society. Health initiatives As part of its comprehensive social responsibility program and its ongoing efforts to raise awareness on important topics related to public health, Burgan Bank participated in several impactful initiatives in 2024. The bank organized its annual blood donation campaign for its employees, as part of its activities to serve the community and support the health sector in Kuwait. The campaign was held at the bank’s headquarters in cooperation with the Central Blood Bank and the Ministry of Health. Burgan Bank also extended its annual support to the Kuwait Association for the Care of Children in Hospital (KACCH) and Bayt Abdullah Children’s Hospice (BACCH), for the 23rd consecutive year. In conjunction with World Breast Cancer Awareness Month, Burgan Bank renewed its partnership with Kuwait Hospital by hosting an awareness workshop for its employees at its headquarters and sharing breast cancer awareness videos throughout October via social media. Within the extended scope of collaboration with Kuwait Hospital, Burgan also hosted a prostate cancer awareness workshop for its employees at the bank’s headquarters, whereby consultant urologist, Dr Faisal Al-Hajeri, shared valuable information and walked participants through the different means of prevention. Arts and cultural initiatives As part of its ongoing efforts to advance Kuwait’s arts and entertainment sector, and in line with its comprehensive social responsibility program, Burgan Bank dedicated plenty of its resources in 2024 to elevating the domestic culture scene by sponsoring various culture and live entertainment events and activities. In celebration of Kuwait’s National and Liberation Day, Burgan Bank launched the new “Beladona Helwa” (Our Country is Beautiful) video clip, capturing Kuwaitis’ deep-rooted love for their homeland. The bank also announced reviving the highly celebrated classic play “Al-Sindbad Al-Bahri” in a new guise, building on the play’s original glory as a Kuwaiti cultural icon whose social value and national meanings have been engraved in the hearts of generations. The bank also launched the Eid Al-Fitr “Wain Al Ayadi, Middo Al ‘Ayadi” TVC, performed by the talented artist Bader Al-Shuaibi and a distinguished group of children to promote the culture of saving in line with the Diraya banking awareness campaign. The song was featured in the “Abracadabra 2” show, garnering wide acclaim from the audience and notable views on various social media channels. Following the great success of its distinguished events, Burgan Bank continued its partnership with Free Jabriya Productions for the second consecutive year, sponsoring several shows, including “Graish”, an immersive live performance that encapsulates the authentic Kuwaiti Ramadan experience, reenacting staple TV shows, songs, and situations that draw a timeline of the Ramadan traditions throughout the past decades. Burgan Bank also sponsored “Macintosh” – a unique live music and performance extravaganza, which took place at the Arena Kuwait, with an audience of approximately 10,000 viewers. The show, directed by Jassim Al-Qames and Maryam Al-Khatrash, brought together a group of distinguished Kuwaiti artists, including Ayed, Bader Al-Shuaibi, Daffy, Rahaf, Hamad Al-Amari, and Khaled Al-Mulla, with the accompaniment of an orchestra of 50 talented musicians led by Kuwaiti maestro Ahmad Al-Oud. Burgan Bank concluded its partnership with Free Jabriya by sponsoring “Feykom Tarab? Sukkar Zeyada!”, featuring the Kuwaiti favorite, Miami Band, which spanned five nights of memorable live entertainment and revived nostalgia. The show follows the success of the first edition “Feykom Tarab? A Night with Miami Band”, bringing a bigger flare and live entertainment prowess to the stage and taking the audience on an unforgettable journey into the world of Miami Band. The concert, held at the Arena Kuwait, was attended by a multi-generational audience of more than 23,000 Miami Band fans. As part of its unwavering commitment to its comprehensive social responsibility program and its commitment to providing the best banking experience for private banking customers, Burgan Bank sponsored the “Umm Kulthum with Marwa Nagy” concert in partnership with the National Creative Industries Group (NCIG). In addition, Burgan Bank sponsored the FERYA culinary experience by Fohgah App, Bader Al-Shatti and Jassim Al-Jarki, which took place over two days at Assima Mall, witnessing the participation of 2,000 food enthusiasts.

Crypto industry leaders and advocates welcomed the potential change after a grueling four-year war with Securities and Exchange Commission Chair Gary Gensler. Gensler, who resigned last month, badgered crypto companies with multiple lawsuits and controversial enforcement actions. He routinely allied with Sen. Elizabeth Warren, D-Mass., on crypto skepticism and regulatory issues. Crypto enthusiasts accused Gensler of launching “Operation Chokepoint 2.0,” a campaign using litigation to achieve what could not be accomplished through regulation or legislation. The effort was modeled after the Obama-era Operation Chokepoint, which targeted gun dealers, payday lenders and sex workers. “Gensler’s SEC was too quick to condemn new technology and financial products ... and unwilling to offer simple guidance that would have given more clarity to consumers and investors,” said Yaël Ossowski, deputy director at the Consumer Choice Center and a fellow at the Bitcoin Policy Institute. The SEC’s version of Operation Chokehold encountered legal headaches almost immediately. A federal judge dismissed Gensler’s attempt to classify Ripple’s XRP token as a security and denied the SEC’s appeal. A separate panel of judges criticized the SEC for its capricious and inconsistent policy of denying Grayscale’s proposed Bitcoin exchange-traded program after previously approving two others. Listen now and subscribe: Apple Podcasts | Spotify | RSS Feed | SoundStack | All Of Our Podcasts A significant setback occurred in 2023 when a federal judge threatened to sanction SEC attorneys for “materially false and misleading representations” in a suit against Wyoming-based crypto firm Digital Licensing Inc., also known as DEBT BOX. The SEC later dropped the suit. Gensler refused to back down on crypto enforcement. Less than two weeks after his resignation, the SEC requested that a federal judge not dismiss its suit against Binance and 10 other crypto asset issuers. “The issuers of the Ten Crypto Assets and Defendants treated the offer and sale of these assets as investments whose success inured to the investors’ financial benefit — and publicly promoted them as such,” SEC attorneys alleged in court documents. Trump has nominated former SEC Commissioner Paul Atkins as Gensler’s replacement, pending approval from the Senate. He named entrepreneur David Sacks as his White House AI and Crypto Czar to work on the crypto legal framework. Both are crypto supporters. Atkins has been a policy adviser to The Digital Chamber, a pro-crypto advocacy group. Sacks invested in crypto companies through his Craft Ventures fund. Noted crypto and financial tech advocate Jimmie Lenz of Duke University’s Pratt School of Engineering said the appointments signal Trump is serious about advancing America’s tech role. “The administration is likely to support innovation, thus new technologies and new ideas are likely to be encouraged,” he said. Ripple CEO Brad Garlinghouse praised the pair, calling them a Dream team. He said Atkins would bring common sense policy to the SEC. As for Sacks, Garlinghouse said he would promote pro-innovation plans. This has alarmed Warren, who is expected to be the top Democrat on the Banking Committee. She expressed concern over Atkins, calling him a Wall Street lobbyist who opposed “fines against the giant corporations that defrauded investors” during the 2009 financial crisis. The potential new regulatory environment has Ossowski excited about the future of Bitcoin and other crypto assets. “If the U.S. truly becomes a Bitcoin and crypto powerhouse with a more receptive administration, it will be a beacon to the rest of the world that Bitcoin and its crypto-offspring are vital tools for democratizing financial inclusion and consumer innovation for the future,” he said. Eric Trump framed it in grander terms: Donald Trump “is going to make America the Bitcoin capital of the world,” he said.Pepe’s recent surge in popularity has left investors questioning its staying power, especially as Lightchain AI (LCAI) emerges as a serious contender in the crypto market. With its presale priced at an accessible $0.003, Lightchain AI offers more than hype—it’s built on advanced AI technology and a robust blockchain framework. Unlike fleeting trends, LCAI’s focus on innovation and practical utility positions it as a top choice for those seeking long-term growth in the evolving digital landscape. Pepe Hype or lasting trend? Pepe's buzz has caught a lot of eyes, but doubts stay about if it's a short fad or a lasting power in the crypto space. Although its funny image͏-fueled growth has caught attention, the missing solid use could hold back its chance for lasting success. People putting money in are more and more searching past quick thrills, wanting coins that mix new ideas with real-life uses. This change has put Lightchain AI (LCAI) in the limelight. With its smart tech for blockchain and a sale price of $0.003, LCAI gives a great option. Its aim on real uses and clear plan gives a solid base, making it an appealing pick for future-minded buyers moving through the changing crypto scene. Lightchain AI The new player in town Lightchain AI (LCAI) is creating a buzz in the crypto world by combining artificial intelligence with blockchain technology. With cutting-edge features like the Proof of Intelligence (PoI) consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM), LCAI is designed to make blockchain systems faster, more private, and better at managing decentralized networks. Currently in its presale phase, LCAI tokens are available at an accessible price of $0.003, attracting investors seeking to participate in a project poised to revolutionize decentralized AI applications. Lightchain AI's Promise The Potential of Advanced AI Technology in the Crypto Market Lightchain AI is shaking up the crypto world by blending advanced artificial intelligence with blockchain technology. With its smart features, it’s giving developers the tools to create scalable, intelligent apps that solve real-world problems. This innovative approach makes it stand out from traditional blockchain platforms, paving the way for exciting possibilities. With a focus on innovation, Lightchain AI solves critical issues like data management and system efficiency. Its groundbreaking approach not only enhances the blockchain ecosystem but also positions the platform as a transformative force in shaping the future of decentralized technologies. Investing in Lightchain AI vs Pepe Investing in Lightchain AI offers a distinct edge over meme tokens like Pepe due to its focus on innovation and real-world utility. While Pepe relies on market hype and speculative trading, Lightchain AI integrates artificial intelligence with blockchain to power scalable, intelligent applications across various industries. Lightchain AI’s roadmap, backed by robust technology and a presale price of just $0.003, makes it a promising investment. Unlike Pepe, which lacks substantial utility, Lightchain AI combines innovation and growth potential, appealing to forward-thinking investors. Do you You can Buy Lightchain AI on Presale Lightchain AI (LCAI) is offering an exciting opportunity for investors with its ongoing presale at just $0.003 per token. This low entry point, combined with its advanced AI-powered blockchain technology, has attracted attention from both seasoned and new crypto enthusiasts. Its innovative features, such as the Proof of Intelligence consensus and decentralized governance, set it apart from other tokens. With a focus on real-world utility and a clear roadmap, Lightchain AI aims to redefine the future of decentralized AI applications. The presale phase allows investors to secure their stake in a project designed for long-term growth. For those seeking to be part of this groundbreaking journey, now is the time to explore LCAI and its potential to transform the crypto landscape. https://lightchain.ai https://lightchain.ai/lightchain-whitepaper.pdf https://x.com/LightchainAI https://t.me/LightchainProtocol Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Vistra Corp. ( NYSE:VST – Get Free Report ) traded down 4.2% during trading on Friday . The stock traded as low as $136.74 and last traded at $138.00. 1,056,270 shares were traded during trading, a decline of 84% from the average session volume of 6,696,441 shares. The stock had previously closed at $144.11. Analyst Upgrades and Downgrades A number of research firms have weighed in on VST. Guggenheim raised their price target on Vistra from $133.00 to $177.00 and gave the company a “buy” rating in a research note on Tuesday, October 8th. Jefferies Financial Group upped their price target on shares of Vistra from $99.00 to $137.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. BNP Paribas began coverage on shares of Vistra in a research report on Monday, October 14th. They issued an “outperform” rating and a $231.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on shares of Vistra in a report on Thursday, October 17th. They issued an “overweight” rating and a $178.00 target price on the stock. Finally, UBS Group reduced their price target on Vistra from $157.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday, October 22nd. Ten analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $149.10. Read Our Latest Stock Report on Vistra Vistra Price Performance Vistra Increases Dividend The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 20th will be given a dividend of $0.221 per share. This represents a $0.88 dividend on an annualized basis and a yield of 0.63%. This is a positive change from Vistra’s previous quarterly dividend of $0.22. The ex-dividend date is Friday, December 20th. Vistra’s dividend payout ratio (DPR) is currently 16.42%. Vistra announced that its board has initiated a share buyback plan on Thursday, November 7th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to buy up to 2.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued. Insider Transactions at Vistra In other news, EVP Stephen J. Muscato sold 207,100 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $161.34, for a total value of $33,413,514.00. Following the completion of the transaction, the executive vice president now directly owns 318,287 shares in the company, valued at approximately $51,352,424.58. The trade was a 39.42 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, Director Scott B. Helm sold 20,000 shares of the stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $139.77, for a total transaction of $2,795,400.00. Following the sale, the director now owns 343,350 shares in the company, valued at $47,990,029.50. This represents a 5.50 % decrease in their position. The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 342,100 shares of company stock valued at $55,087,314. 1.42% of the stock is currently owned by company insiders. Institutional Investors Weigh In On Vistra A number of large investors have recently modified their holdings of the business. Massachusetts Financial Services Co. MA lifted its position in shares of Vistra by 115.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,532,657 shares of the company’s stock worth $217,758,000 after buying an additional 1,356,488 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in shares of Vistra by 1,358.2% in the second quarter. Thrivent Financial for Lutherans now owns 1,228,144 shares of the company’s stock worth $105,596,000 after acquiring an additional 1,143,918 shares during the last quarter. State Street Corp boosted its stake in shares of Vistra by 6.8% in the 3rd quarter. State Street Corp now owns 16,355,255 shares of the company’s stock valued at $1,938,752,000 after purchasing an additional 1,037,402 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of Vistra by 36.0% during the 3rd quarter. Janus Henderson Group PLC now owns 3,781,908 shares of the company’s stock valued at $448,320,000 after purchasing an additional 1,000,307 shares during the last quarter. Finally, Marshall Wace LLP increased its position in Vistra by 315.9% during the 2nd quarter. Marshall Wace LLP now owns 1,175,811 shares of the company’s stock worth $101,096,000 after purchasing an additional 893,093 shares in the last quarter. Institutional investors and hedge funds own 90.88% of the company’s stock. About Vistra ( Get Free Report ) Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia. See Also Receive News & Ratings for Vistra Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vistra and related companies with MarketBeat.com's FREE daily email newsletter .NoneSteelers WR George Pickens returns to practice, hopeful to play against Chiefs PITTSBURGH (AP) — Pittsburgh Steelers wide receiver George Pickens was a full participant in practice on Monday, opening the door for him to return from a three-game absence on Wednesday when Pittsburgh hosts the Kansas City Chiefs. Canadian Press Dec 23, 2024 2:01 PM Dec 23, 2024 2:05 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Pittsburgh Steelers wide receiver George Pickens walks on the field as teammates work out prior to an NFL football game against the Baltimore Ravens, Saturday, Dec. 21, 2024, in Baltimore. (AP Photo/Stephanie Scarbrough) PITTSBURGH (AP) — Pittsburgh Steelers wide receiver George Pickens was a full participant in practice on Monday, opening the door for him to return from a three-game absence on Wednesday when Pittsburgh hosts the Kansas City Chiefs. Pickens hasn't played since tweaking his hamstring earlier this month. The Steelers (10-5) have struggled to generate much in their passing game with their leading receiver watching from the sideline in sweatpants. Though Monday's practice was a walkthrough, Pickens said he felt good and hopes he'll be able to face the two-time defending Super Bowl champions. The 23-year-old was going through post-practice drills on Dec. 6 when he felt his hamstring tighten up, forcing him to miss the first games of his three-year career. Pittsburgh has gone 1-2 in his absence, including back-to-back losses to Philadelphia and Baltimore in which Russell Wilson passed for just 345 yards while missing one of the NFL's top downfield threats. Wilson is encouraged by the way the sometimes mercurial Pickens — who has been flagged and fined multiple times this season for infractions ranging from facemasks to unsportsmanlike conduct — has remained engaged. “He’s been great in the midst of his little trial here over the past few weeks,” Wilson said. “And so we’re excited to have him back if that’s the case fully and let him do his thing.” Safety DeShon Elliott (hamstring) and defensive tackle Larry Ogunjobi (groin) were also listed as full participants on Tuesday. Neither veteran has played since getting hurt against Cleveland on Dec. 8. While Pickens, Elliott and Ogunjobi could be available as Pittsburgh tries to hold off Baltimore for the AFC North lead, cornerback Joey Porter (knee) and WR Ben Skowronek (hip) are likely out after missing practice for a second straight day. ___ AP NFL: https://apnews.com/hub/nfl The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Football (NFL) Bills offense is 'Cooking,' with running game adding a powerful new dimension Dec 23, 2024 1:43 PM Titans keep losing as coach Brian Callahan tries to show some progress Dec 23, 2024 1:31 PM Heavy ground game gives Anthony Richardson a chance to shine in Colts' latest victory Dec 23, 2024 1:29 PM