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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,
Crypto's 2025 Boom and the 2026 Cool-Down: Gold Takes the Spotlight
The global cryptocurrency market experienced one of its most explosive years in 2025, propelled by regulatory clarity, institutional adoption, and a pro-crypto political shift in the United States. Bitcoin soared to all-time highs above $111,000 (and briefly touched $126,000 in some peaks), while the total market capitalisation ballooned to nearly $4 trillion. Corporate Adoption Underpinned
Breaking News Today – Tuesday 27 January 2026
Business News Today Rand Rally Continues on Commodity Uptick The South African rand continued to strengthen to reach below 16 per USD briefly this morning, the best level since June 2022, driven by record prices for key exports including gold, silver, platinum, and palladium. The currency has risen by more than 3% against the
No Free Lunch Podcast – Tenders and the Tender Stigma
In this conversation with Jedd Harris on the "No Free Lunch" podcast, hosted by Business Tech Africa's Editor Greg Stewart, is centred around the complexities and opportunities within the tender system in South Africa. Jedd Harris, Chief Strategy Officer at Sourcefin, highlights the stigma associated with tenders, often seen as riddled with corruption and maladministration,
Gold's Unprecedented Bull Run: Drivers, Projections, and Africa's Golden Opportunity in 2026
Gold has etched its name into financial history once again, surging to a fresh all-time high of $5,074 per ounce on January 26, 2026, before settling around $4,988 amid volatile trading. This marks a staggering 17.27% year-to-date (YTD) gain from its end-2025 close of approximately $4,250, and an eye-watering 85.35% year-over-year (YoY) increase from early