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Reframing Africa's Mineral Wealth in 2026
Africa's mineral extraction landscape has been a longstanding cornerstone of the continent's economy, contributing significantly to GDP, exports, and employment. Africa hosts an estimated US$29.5 trillion in mine-site mineral value, representing about 20% of global mineral wealth, yet captures only a fraction of the economic value embedded in this endowment. However, according to a new
Breaking News Today – Tuesday 10 February 2026
Business News Today AI Group Databricks Hits 65% Growth Rate Databricks, the Data and AI company, announced yesterday that it had crossed a $5.4 billion revenue run-rate, delivering more than a 65% year-on-year growth during its fourth quarter. Building on this momentum, Databricks said it would be completing investments in the company in excess of
Isuzu – Targets becoming Africa's Truck Manufacturing Hub
There is an Automotive success story coming out of the Eastern Cape with a dedicated team determined to drive further growth in Africa. Eight years ago, news of the pending closure of a major Automotive assembly plant in Port Elizabeth was devastating to the local community. GM was heading out of the country again and
Navigating the Shifts in Modern Marketing: Insights from SAP's Dumisani Moyo
As marketers pivot to navigate a remarkably complex and shifting marketing landscape today, staying ahead means understanding how technological and strategic shifts impact how brands connect with audiences. If you're feeling overwhelmed by the proliferation of channels, AI advancements, and changing consumer behaviors, you're not alone. Modern Marketer distills key insights from a recent interview
Breaking News Today – Monday 9th February 2026
Business News Today Indian Regulations and Tax Reforms Supporting Tech Start-Ups The Indian government has updated its tech start-up framework, doubling the period for which deep tech companies are treated as startups to 20 years and raising the revenue threshold for startup-specific tax, grant, and regulatory benefits to about $33.12 million, from approximately $11.04 million previously. The
No Free Lunch Podcast – Unpacking The Bond Market in 2026
In this episode of No Free Lunch, host Greg Stewart engages with Conway Williams, head of credit at Prescient Investment Management, to explore the intricacies of the bond market. They discuss the fundamental nature of bonds, the current dynamics affecting credit pricing, and the role of asset management in navigating these challenges. The conversation also
Breaking News Today – Friday 6th February 2026
Business News Today African Debt Repayments Concerning – S&P S&P Global Ratings has warned that African governments face a heavy debt repayment schedule of approximately $90 billion in 2026. Egypt alone accounts for nearly one-third ($27 billion), followed by Angola, South Africa, and Nigeria. The agency expects credit conditions to stabilise rather than improve, with
Wealth Concentration in Africa: Historical, Economic, and Institutional Factors
Dollar Millionaires in Africa Growing but Concentrated The infographic alongside is from Visual Capitalist, based on the 2022 Henley & Partners Africa Wealth Report, showing total private wealth at $2.1 trillion, heavily concentrated in cities like Johannesburg ($239B), Cape Town ($131B), Cairo ($128B), Lagos ($97B), and Nairobi ($48B). It highlights four main regions—South Africa, Egypt,
Breaking News Today – Tuesday 3rd February 2026
Business News Today Ethiopia's Bond Battle A key investor group in Ethiopia's sole international bond announced yesterday, that it planned to take legal action after the country's bilateral creditors blocked an initial agreement with the government on how to restructure the debt.Ethiopia said on Friday it it would reopen negotiations with investors, in order
Bridging the Funding Gap: How African Startups Can Secure Seed and Series A Capital in 2026
In the global startup ecosystem, a stark disparity continues to persist. While regions like the United States, India, Vietnam, and Indonesia attract billions in venture capital with larger average deal sizes, African startups often receive smaller tranches and face limited overall funding. In 2025, global startup funding totaled around $275 billion, but Africa captured only
Breaking News Today – Monday 2nd February 2026
Business News Today UK Signs Ethiopian Energy Deal During a visit to Ethiopia yesterday, Britain's Foreign Minister Yvette Cooper signed agreements to advance two energy-transmission projects led by UK investment organisation Gridworks. The partnerships focus on improving trade, creating thousands of jobs, and addressing economic drivers of migration from the Horn of Africa. The
South Africa's Ferro-chrome Industry Gets Life-line – Temporary Electricity Tariff Cut
Nersa Confirms Tariff Cut On January 29, 2026, the National Energy Regulator of South Africa (NERSA) approved Eskom's application to reduce electricity tariffs by approximately 35% (from R1.36 per kilowatt-hour to 87.74 cents per kWh) for two ferrochrome smelters – the Glencore-Merafe and Samancor smelters.. This relief is temporary, and will last for a 12 month
Breaking News Today – Friday 30 January 2026
Business News Today Tesla To End Model S and Model X Production Tesla is planning to end production of the Model S sedan and Model X SUV, CEO Elon Musk announced on Wednesday during the company’s quarterly earnings call. The global EV manufacturing giant will make the final versions of both electric vehicles next quarter,
South Africa's Monetary Policy Conundrum: Balancing Inflation Control and Economic Growth
In January 2026, the South African Reserve Bank's (SARB) Monetary Policy Committee (MPC), led by Governor Lesetja Kganyago, opted to maintain the repo rate at 6.75%, with prime lending rates steady at 10.25%. This decision, marked by a split vote, underscores ongoing debates within the committee about the path forward. Kganyago cited a current inflation
BMW Bringing 40 New Models to South Africa Over Two-Years
BMW Committed to Auto-Sector Growth BMW Group South Africa yesterday gave an update of the group's performance from 2025 and confirmed the auto-makers ongoing commitment to building a strong automotive manufacturing industry in South Africa. CEO, Peter van Binsbergen, outlined their 2025 performance and strategic direction for the year ahead during its Start-of-Year Media Update,
Barloworld's Evolution: From Humble Beginnings to Private Powerhouse in Africa
On January 27, 2026, Barloworld Limited marked the end of an era by delisting from the Johannesburg Stock Exchange (JSE) and A2X after 86 years as a publicly traded entity. This pivotal move followed a R23 billion acquisition by an Entsha-led consortium, ushering the South African industrial giant into private ownership. The consortium, majority-owned (51%)
Breaking News Today – Thursday 29 January 2026
Business News Today Major Tech Results Out Driving Share Price Moves Several of the Major Tech groups released their results yesterday with a mixed bag of responses from the market. Meta crushed Q4 expectations with 24% revenue growth to around $56-60B, driven by AI-boosted ad targeting. Shares jumped 7-10% in after-hours/extended trading. Zuckerberg called
AI Developments in Africa in 2026: Will Africa Transcend into Mainstream AI Developments?
In 2026, the global artificial intelligence (AI) landscape is a whirlwind of innovation and investment, projected to reach a market value of $826 billion by 2030, according to Statista. Massive capital flows into data centers, energy infrastructure, and processor manufacturing are driving economic growth in developed nations and select emerging economies like India and Southeast
Breaking News Today – Wednesday 28 January 2026
Business News Today EU India Trade deal Lifts Euro against The US Dollar The euro climbed above $1.19, its strongest level since June 2021, supported by broad dollar weakness and the recently finalized EU–India landmark trade agreement. The deal, covering a quarter of global GDP, establishes a free trade zone spanning two billion people
Business School – Creating a Customer-Centric Business in Africa in 2026
Strategies to Prioritise User Experience In 2026, Africa's business landscape is booming, with the continent projected to host more high-growth economies than any other region, according to the IMF. Small businesses, which form the backbone of African economies, are at the forefront of this expansion, contributing significantly to GDP and employment. However, amid rising competition,