There is much lip-service paid to supporting SME's but in reality there has been little done in the way of practical support for these critical economic engines in South Africa.
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motoringToyota's latest Hilux is still finding its feet in the market, but the company is already preparing a sportier version for 2027. The new Hilux GR-Sport has been confirmed for overseas markets and will be built in right hand drive.
fintechEgyptian fintech company Khazna has acquired Pharos Consumer Finance, securing a consumer finance licence that will allow it to expand regulated lending services to customers underserved by traditional banks.
sme-sA customer sends a WhatsApp message asking for a price. You reply asking for a few details. They send some information, but you still need the measurements, delivery address or a clearer description of the work. You ask again and wait.
start-upsAfrican startups developing technology for agriculture, food production and sustainable supply chains have until 15 November 2026 to apply for the FoodTech 500, a global ranking that connects food-tech businesses with investors, corporate partners and international industry networks.
energyIndependent workshops, lubricant distributors and businesses supplying the transport industry have a reason to watch Castrol's change of ownership. The lubricant brand is now majority-owned by US investment firm Stonepeak after it completed the purchase of a 65% stake from BP.
fintechSouth African investment platform Fynbos Money has introduced an integration that lets customers connect their portfolios to AI assistants, allowing them to analyse their investments using everyday language.
energyInstalling solar systems is not the only way to make money in Nigeria's renewable energy market. Some installers are looking at equipment sales and distribution as another source of income, but moving into that side of the business requires money to buy stock.
start-upsNew agreements involving Dawa Mkononi, MYDAWA, Meditect and Sproxil target pharmacy financing, chronic disease management, access to medicines and digital pharmacy regulation across Africa.
News & OpinionBreaking Business and African Startup news today which Includes: US suspends South Africa and Rwanda from AGOA trade deal, EASE Holdings BV secured an additional $9.5 million in equity funding, New Electric Vehicle sales Surge, Brent crude fell sharply on Monday -settling near $105, Petra Diamonds’ shares suspended, Aspen Pharmacare to sell the European commercialisation rights for its women’s health product Ovestin, Bitcoin prices have fallen to below $77 000, and Egypt on Monday, raised more than $650 million in its initial public offering of the state-owned Banque du Caire.
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