South Africa could face a dystopian technological future, unless moves are made to harness technology for societal good now. July 19, 2021/ITP Communications This is according to Johan Steyn, chair of the Institute of Information Technology Professionals South Africa (IITPSA) Special Interest Group on AI and Robotics (SIGAIR), who was speaking […]
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IMF MD Submits Proposal for a General Allocation of SDRs Equivalent to US$650 Billion to Board for Approval
July 12, 2021/IMF On July 9, IMF Managing Director Kristalina Georgieva submitted her proposal for a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion to the Board of Governors for its approval. The proposal follows the Executive Board discussion of the general allocation of SDRs on June […]
Arbitration tribunal rejects Djibouti Port Company’s bid to escape contract with DP World
Arbitrator finds Djibouti’s Port Company wrongfully tried to terminate Joint Venture Agreement and transfer its shares to the State July 12, 2021/Edelman An Arbitral Tribunal of the London Court of International Arbitration (LCIA) has ruled against Djibouti’s port company, Port de Djibouti S.A. (PDSA), in its dispute with DP World, […]
