Busha (www.Busha.com) leads the way as Nigeria’s pioneering SEC-licensed virtual asset service provider under the SEC’s Accelerated Regulatory Incubation Program. They have been granted one of the first provisional licenses by the Nigerian Securities and Exchange Commission (SEC) to operate as a regulated Virtual Asset Service Provider. This milestone is a significant step forward for both Busha and the broader Nigerian crypto community. 

From its inception over five years ago, Busha has prioritized security, transparency, and regulatory compliance, well ahead of any compulsory requirements. According to a statement from the CEO, “Our team has been unwavering in our commitment to fostering a safe, secure, and transparent environment for all users of digital assets in Nigeria. This provisional license from the SEC is a testament to the rigorous standards we have upheld since day one.” 

Millions of Nigerian crypto enthusiasts and users deserve a trustworthy, secure, and regulated environment for managing and trading digital assets. This license is not just a recognition of Busha’s efforts, but also a long-awaited move to sanitize and strengthen the cryptocurrency space in Nigeria. By aligning with global regulatory expectations, this development is poised to benefit the Nigerian economy, bringing much-needed legitimacy and oversight to the sector. 

Busha is committed to continuing its role as a responsible and positive operator in Nigeria’s capital markets. With its continued mission to provide users with a secure platform for their digital asset needs while maintaining the highest standards of regulatory compliance and operational excellence. 

Thanks to the leadership at the Nigerian SEC for their forward-thinking and innovative approach to the evolving digital asset landscape. 

Busha promises to remain committed to building a more secure and compliant digital asset ecosystem in Nigeria and across Africa, ensuring that Nigerians and other Africans can trade with confidence and peace of mind. 

Distributed by APO Group on behalf of Busha.

About Busha
Busha is a leading cryptocurrency exchange platform in Nigeria, offering a secure and user-friendly environment for trading and managing digital assets. Founded with the mission to simplify cryptocurrency for everyone, Busha continues to be a trusted partner for millions of users in Africa. 

Download the Busha app on the Apple or Google play store – https://apo-opa.co/3Mx8LPD  

For inquiries, please contact: support@busha.co 

The Eritrean community in Wiesbaden and its environs, Germany, celebrated the Silver Jubilee anniversary of its establishment on 24 August.

At the celebratory event, which was attended by Mr. Kibreab Tekeste, Eritrea’s Consul General in Frankfurt, Mr. Simon Yakob, chairman of the Eritrean community, provided an extensive briefing on the objectives of establishing the community and its journey over the past 25 years.

The occasion featured a photo exhibition, as well as cultural and artistic programs.

Mr. Kibreab Tekeste, highlighting the significant contribution of Eritrean communities in various countries in upholding national culture, values, and identity, and in passing them on to the younger generation, called on every citizen to join the community and play their part in national affairs.

Mr. Yohannes Russom, chairman of the Eritrean communities in Germany, and Ms. Leul Tewolde, head of the National Union of Eritrean Women branch, delivered messages of solidarity.

The event was also attended by foreign nationals residing in Wiesbaden, and certificates were handed out to students who completed their secondary school education and those who took mother language training.

According to document, there are about 32 Eritrean communities in various cities across Germany.

Distributed by APO Group on behalf of Ministry of Information, Eritrea.

The Portfolio Committee on Higher Education and Training has called upon universities to apply greater scrutiny when appointing vice chancellors and council members and should ensure that appointees have a high regard for ethics. The committee was briefed today on progress made by the Vaal University of Technology (VUT) and Mangosuthu University of Technology (MUT) in dealing with various administrative challenges.

The briefing concerning the state of affairs at Vaal University of Technology now that it is no longer under administration, while the Mangosuthu University of Technology is still under administration. The committee welcomed the progress made by VUT in appointing a vice chancellor and chancellor, however, it remains concerned about the continued high number of vacant positions at senior management level, especially the post of registrar.

The committee expressed concerns about the state of affairs in student residences, which has forced many students to opt for private accommodation. This is causing the university to lose out on much-needed revenue. The committee further called upon VUT to report contractors who do not finish infrastructure development projects to the Department of Higher Education and Training (DHET) so that these contractors are blacklisted from any further involvement in projects in the post-school education sector. The committee further resolved that the university should consider using the services of the Independent Electoral Commission for their Student Representative Council elections and that these elections should be held manually.

Meanwhile at the Mangosuthu University of Technology, the committee welcomed the appointment of Professor Nokuthula Sibiya as the first female vice chancellor in the university’s 45-year history. The committee further welcomed assurances that the remaining senior posts at MUT will be filled by the end of September.

The DHET told the committee that recent suspensions at MUT indicate a culture of victimisation, however the administrator seems to be on course in turning the institution around.

The committee chairperson, Mr Tebogo Letsie, said: “We need to move away from a period of independent assessors and it can’t be that predominantly black-run institutions are the ones that always fall under administration.”

Mr Letsie said the committee plans to have a meeting with the National Student Financial Aid Scheme, with a focus on student accommodation challenges to find solutions to improve the services offered to students.

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

The Portfolio Committee on Social Development has resolved to defer the Children’s Amendment Bill to the Department of Social Department to allow it to redraft the 126 clauses the previous committee did not process.

That previous committee passed only 12 foster care-related clauses so that Parliament and the department could meet a North Gauteng High Court deadline. The department will redraft these clauses, taking into consideration the substantive submissions and proposals made by stakeholders and the public during the committee’s public participation process on the bill.

The previous committee had resolved that the bill be introduced as a committee bill by the 7th Parliament committee. However, after receiving legal advice from the Constitutional and Legal Services Office on the development, drafting and legislative processes of committee bills, as well as the implications of the Constitutional Court’s judgement on Section 40 of the Children’s Act, the committee resolved that the department is best placed to redraft the bill due to Parliament’s capacity constraints to develop policies that will substantiate the bill.

The submissions received contained new proposals that require extensive policy development on issues that include the safe abandonment of children (baby savers), corporal punishment, new proposals in relation to the rights of unmarried fathers (a traditional perspective) and children’s right to privacy on digital platforms.

The department’s legal advisor informed the committee that since the time the previous committee took a decision not to process the bill, many new issues have emerged in the space of intercountry adoptions, baby savers and the rights and responsibilities of unmarried fathers, which require the department to rethink its position on provisions it made previously on the bill. Even if Parliament had passed the Bill, the department would have to amend it again.

The committee agreed that the timeline of the processing of this Bill would receive priority oversight.

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.