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The Perils of AI in Business Intelligence: Lessons from Deloitte and Beyond
A Wake-Up Call from a Global Consulting Giant With artificial intelligence (AI) rapidly gaining adoption in corporate business, generative AI (gen-AI) tools have provided the promise to revolutionise business intelligence and analysis by sifting through vast datasets, generating reports, and providing actionable insights at unprecedented speeds. This is the nirvana that AI development companies have
Breaking News Today – Monday 6 October 2025
Business News Today Bitcoin Surges to Record High Above $125,000 Recent indicators that Bitcoin could reach a new all-time high were justified when the worlds largest crypto currency hit $125,245 briefly on Sunday, up 2.7% amid renewed investor enthusiasm for cryptocurrencies as a hedge against inflation and geopolitical risks. This milestone also reflects growing institutional
Breaking News Today – Friday 3 October 2025
Business News Today Ford CEO Predicts EV Sales Will Halve After Tax Credit Expiration Ford's CEO Jim Farley has forecasted a 50% drop in U.S. electric vehicle sales post-2025 tax credit phase-out, citing affordability barriers without subsidies. The automaker, which sold 100,000 EVs last year, plans to pivot toward hybrids for better profitability. Shares in
Implications of AGOA Expiration for African States
The African Growth and Opportunity Act (AGOA), enacted in 2000, granted duty-free access to the U.S. market for over 1,800 products from eligible sub-Saharan African countries. The approach by the US was to foster positive trade ties with African states with the opportunity to build economic diversification. Its expiration, this week on September 30, without
Breaking News Today – Thursday 2 October 2025
Business News Today Private Businesses in the US Cut 32K Jobs in September 2025 Job cuts in the US accelerated in September with a drop of 32 000, following a revised loss of 3K in August, defying forecasts of a 50 000 gain. It marks the steepest job decline since March 2023 and the first
Vukani Mngxati appointed CEO for Microsoft South Africa
Microsoft has announced that Vukani Mngxati has been appointed as the new Chief Executive Officer of Microsoft South Africa, effective 1 October 2025. His appointment follows the exit from the role of Lillian Barnard last month, who has stepped into a new leadership role as Chief of Enterprise Partners, Microsoft Middle East and Africa. Vukani
Breaking News Today – Wednesday 1 October 2025
Business News Today Data Releases Raises Doubts on SA's Economy Yesterday saw a string of data releases in South Africa (SA) with the SA Reserve bank releasing it's quarterly bulletin indicating the country recorded foreign direct investment outflows of 73.5 billion rand ($4.25 billion) in the second quarter of 2025, compared to inflows of 11.7 billion rand
Basic Services Costs Soar in South Africa – Killing Job Creation
Statistics South Africa has released the latest second quarter employment statistics today, indicating employment has decreased by 80 000 jobs or by 0,8% quarter-on-quarter. The country's jobs barometer moved from 10 589 000 jobs as of end of March 2025 to 10 509 000 in June 2025. Decreases in jobs were experienced across multiple sectors,
Breaking News Today – Tuesday 30 September 2025
Business News Today Africa's $300 Billion Blue Ocean Economy at Risk African governments have been urged to bolster legal frameworks, maritime security, and international treaty enforcement as the continent's blue economy, valued at $300 billion annually and supporting around 49 million jobs, faces threats from climate change, illegal fishing, and pollution. According to stakeholders at
Preparing for Global Expansion: Key Considerations for Entering New Markets
For startup and scale-up entrepreneurs in Africa, the continent's dynamic markets offer fertile ground for innovation, but for some sectors, true hyper-growth often lies beyond Africa's borders. With Africa's startup funding reaching $1.42 billion in the first half of 2025 alone—a 78% surge from the prior year—many founders are eyeing global opportunities in the US,
Business School – Six Strategies for e-commerce
e-Commerce Thriving in Africa: While specific half-year (H1) revenue figures for Africa's e-commerce market are not yet widely published as of September 2025 (with most reports focusing on full-year projections), the latest available data points to robust growth in e-commerce, driven by increasing smartphone penetration, mobile payment proliferation, and logistics improvements. Market Value for H1
Breaking News Today – Monday 29 September 2025
Business News Today Sony Financial Shares Surge 40% in Tokyo Market Debut Sony Financial shares surged up to 40% in their Tokyo debut on Monday, following a spin-off from Sony, which distributed shares to shareholders as dividends in kind. The finance arm, encompassing banking and insurance products, marked Japan's first partial spin-off utilising a 2023
Provincial Pockets: Gauteng and KZN's Billion-Rand Betrayal?
While numerous Gauteng's suburbs taps run dry and KwaZulu-Natal's roads crumble into oblivion, the freshly released Statistics South Africa Provincial Financial Statistics 2025 report, exposes a provincial spending scandal that prioritises bloated bureaucracies over basic needs. In the economic powerhouses of South Africa, Gauteng with its R160.3 billion total expenditure and KZN at R150.9 billion,
Breaking News Today – Friday 26 September 2025
Business News Today Angola Seeks Stake in DeBeers Diamonds Angola's Ministry of Mineral Resources, Petroleum and Gas indicated that the state diamond company Endiama has bid for a minority stake in Anglo American's diamond unit De Beers. De Beers is one of the world's leading diamond companies, with operations spanning across Botswana, Namibia, Angola, South
Global Supply Chain Upheavals: Africa's Window of Opportunity?
The Global Supply-Chain Context The global supply chain landscape is undergoing profound transformations, driven by escalating trade tensions, particularly with the U.S. implementing higher tariffs on imports from countries like China, Vietnam and India. These measures, have intensified under the current Trump administration, aims to protect domestic industries but have prompted multinational corporations to rethink
Business Chat – School of Entrepreneurship
In this episode of Business Chat, I chat with Dr. Reabetswe Kgoroeadira who discusses her journey from entrepreneurship to education, emphasising her passion for empowering women through the Regenesys School of Entrepreneurship. Dr Rea shares insights into the school's unique approach, which combines practical skills with theoretical knowledge to create an end-to-end ecosystem for entrepreneurs,
Breaking News Today – Thursday 25 September 2025
Business News Today South Africa Sees Surge in Agricultural Exports to US Amid Tariff Concerns: South Africa has recorded a significant 26% surge in agricultural exports to the United States. This growth is notable given the backdrop of existing trade tensions, including a 30% tariff imposed by the US earlier this year. The increase indicates strong demand for South
Breaking News Today – Tuesday 23 September 2025
Business News Today BUSA's Court Challenge to Employment Equity Sector Targets Business Unity South Africa (BUSA) announced yesterday, that it has launched legal proceedings in the Johannesburg Labour Court to review and set aside the recently gazetted Employment Equity (EE) Sector Targets, effective from September 1, 2025. BUSA emphasises that it fully supports the Employment
Where is AI Driving Profits in Corporate SA?
The Background and Context in JSE Listed companies The Johannesburg Stock Exchange (JSE) hosts over 400 listed companies, spanning sectors like financial services, resources, industrials, and consumer goods. Over the fiscal years 2023 and 2024 (ending mid-2025 for most), overall performance of listed companies was mixed amid economic headwinds including inflation, load-shedding, and global commodity
Business Chat – AI Adoption in the Auto Advertising Industry
In this engaging conversation on Business Chat, I chatted with Felix Erken, co-founder of Auto Mart, who shares his insights on the evolving automotive industry and the impact of digital transformation on the second-hand vehicle market. Felix highlights the robust nature of South Africa's automotive market, emphasizing its world-class dealer infrastructure and the country's role