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Breaking News Today – Thursday 3 July 2025
Business & Tech News African Development Bank Cuts South African Growth Projection The African Development bank's latest African Economic Outlook 2025 report, has cut economic growth prospects for South Africa to only 0,8% for 2025. This new projection has been revised downward, citing structural constraints and the potential impact of global economic conditions. The report indicates
African Bank – Ratings Upgrade Announcement
Today saw African Bank receiving a welcome S&P Global Ratings upgrade in recognition of the progress made by the bank in strengthening its balance sheet and introducing additional financial product offerings. The Bank indicated that this was also recognition and affirmation of its founding purpose: That of making banking accessible to all South Africans. S&P
African Imposed Trade Tariffs – Rankings and Analysis
With the world seemingly focussed on a single nation’s current focus on import tariffs, with the Trump administration seeking to rebalance its trade deficit, after years of low or no import tariffs, we take a look at that African continent with a deep dive into which countries charge what Tariffs. Wy Import Tariffs? The most
Breaking News Today – Wednesday 2 July 2025
Business & Tech News South African Banker Questions High Interest Rates: Soon to retire, Capitec CEO Gerrie Fourie, has expressed his view on current South African interest rates yesterday, and indicating he believes that interest rates in South Africa should actively support the economy. At a media briefing, Fourie said “For me, a better way
Tesla Model 2- Expected to Launch This Year
The Tesla Model 2 is apparently already reached production stage and is et to be launched in the third quarter of 2025. Much speculation about the new model exists with Tesla keeping the model and much of its details under close wraps prior to launch. Speculation over Price The Tesla production process has been overhauled
Breaking News Today – Tuesday 1 July 2025
Business & Tech News Platinum Maintaining its Price Momentum Futures in Platinum fell by around 6.5% in early trade this morning, to near $1,366 per ounce, but has since recovered to $1352 per ounce, indicating the bull run on the precious metal is not over. Platinum hit a 10-year high on June 26, as demand
EdTech in Africa: Opportunities and Challenges
Scaling Innovation for the Future of Education in Africa A new Boston Consulting Group report, reveals both the potential—and the current roadblocks—of EdTech in transforming learning outcomes for the world's youngest population group who have been set back by numerous challenges. The report highlights four levers required to unlock Africa’s EdTech potential: Fast-tracking education change
Business School – Intellectual Property Landscape in a Tech Driven World.
As Technology rapidly alters the way most work processes are formed, with AI driving a distinctive landscape-shaping movement, it is starting to raise the question of intellectual property rights on a daily basis. High profile court cases are starting to flood the courts over intellectual and creative property rights that will play out how future
Breaking News Today – Monday 30 June 2025
Business & Tech News Trump Tariff Deadline Announcement President Donald Trump announced yesterday that the 90-day pause on the introduction of tariffs, will not be extended beyond 9 July. True said his administration will notify all countries that are affected by the trade tariffs which will be in effect unless they finalise trade deals. Trump
Business Chat – The Art of Successful Telcos – Vas-X
A Legacy of Innovation Business Chat today Features CEO Craig Palmer who spoke to me about how VAS-X's journey began with a vision to create technology solutions "by Africans for Africa." This ethos has driven the company to develop products that cater to the unique needs of the African telecommunications landscape. In 2021, VASX was
Lenovo's All-New Mega Gamer Legion 9 – in SA Soon
Lenovo has unveiled their all-new Lenovo Legion 9i (18”, 10) at Tech World Shanghai 2025. The laptop is a powerfully enhanced machine aimed at the creator and gaming fraternities.The laptop is a powerfully enhanced machine aimed at the creator and gaming fraternities. While not yet available in South Africa (Lenovo confirmed with Business Tech Africa
Breaking News Today – Wednesday 25 June 2025
Business & Tech News Platinum Hits All-Time-High Platinum futures prices spiked to a new all-time-high this morning above the $1300 per ounce level, bringing its growth to over 44% year-to-date and by over 21% in June so far. The bull market in the precious metal is being driven by tight supply, rising jewellery restocking, as
Skilling Africa With AI Opportunities
In Africa 44 million Small, Micro and Medium Enterprises, (ESMMEs) currently employ 80 percent of the continent's workforce, and contribute 60% of the continent’s GDP. With that scope it is the only sector that realistically could curb Africa’s large unemployment and development deficits. Speaking at today’s first ever AI Skilling day in Midrand South Africa, Colin
Breaking News Today – Tuesday 24 June 2025
Business & Tech News Argentina Continues its Growth Trajectory The Argentinian economy grew by a credible 5.8% year-on-year in the March quarter of 2025, extending the economic recovery under president Xavier Milei's economic revival plan, that began with a 2.6% expansion in Q4 2024 after six straight quarters of economic contraction. The rebound included a
Business Chat Podcast – Cross Border Payments in Africa
Unlocking Africa's Potential: The Future of Cross-Border Payments Imagine a bustling marketplace in Africa, where traders from different countries exchange goods and services seamlessly. Yet, behind the scenes, cross-border payments remain a complex challenge. In this post, we delve into the intricacies of cross-border payments in Africa and explore how innovative solutions are paving the
Breaking News Today – Monday 23 June 2025
Business & Tech News China Sees Foreign Investments Fall: Foreign direct investment (FDI) in China declined by 13.2% year-on-year to USD 49.88 billion in the first five months of 2025. By sector, the manufacturing industry attracted CNY 91.52 billion in foreign capit, while the services sector received CNY 259.64 billion. High-tech industries accounted for CNY
Breaking News Today – Friday 20 June 2025
Business & Tech News Massive Cyber Attack In a news release Thursday, Chain IQ said an unnamed attacker, attributed in some news reports to a ransomware gang, used “tools and techniques that had never before been seen on a global scale” to breach security controls at it and 19 other organisations, including Swiss banks UBS
Zimbabwean Tobacco Sales Smoking
A new tobacco production record has been set in Zimbabwe with over 300 million kilograms of leaf tobacco sold since the tobacco auction sales opened in March. Sales to-date have exceeded $1 billion in value making it a record season. The Tobacco Industry and Marketing Board (TIMB) has confirmed that Zimbabwe has officially surpassed its
New Legal AI Launched in South Africa Today
Today (19 June 2025) saw the official launch of a new Legal AI tool, Lexis+ AI in the South African market that is the product of several years of development by the company, with South Africa being the sixth country that Lexis Nexis has rolled it out to. The legal context for the product is
Breaking News Today – Thursday 19 June 2025
Business & Tech News Silver Gaining Ground: Silver prices have remained above $36.50 per ounce this morning, closing on a near 13-year high as escalating Middle East tensions fuelled safe-haven demand. Investor market concerns intensified after reports indicated US officials are preparing for a potential strike on Iran, amplifying concerns of broader regional instability. Silver