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Breaking News Today – Thursday 9 July 2026
African Start-up News Headlines: Business News Today Iran Conflict Ignites Oil Prices While Asian Stocks Firm Asian shares saw a general lift in prices this morning, as semiconductors stocks got a respite from previous sessions of risk-off selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the
Opinion: Treasury’s Funding Freeze on Municipalities – Desperation or Discipline? Taxpayers Foot the Bill Again
The South African National Treasury’s decision to withhold additional support funds from poorly performing municipalities marks a significant, if belated, escalation in the battle against local government maladministration. According to recent reports, the move targets entities where Municipal Public Accounts Committees (MPACs) have failed dismally to enforce financial standards, with the Auditor-General repeatedly highlighting billions
No Free Lunch Podcast – Trade Corridor Development – Key Economic Driver
This episode of No Free Lunch centred on South Africa’s trade corridors and the urgent need to reform the logistics system to support economic growth. Host, Greg Stewart, had a riveting discussion with Marc Chunnett, a director at Turner and Townsend, regarding the need for rapid developments in efficient and effective trade corridors in South
Breaking News Today – Wednesday 8 July 2026
African Start-up News Headlines: Business News Today Oil on the Boil After Middle East Military Attacks Brent Crude futures jumped by over 2.6% toward $76 per barrel this morning and are up more than 6% so far this week. The price spike occurred after the US military carried out air strikes in Iran and revoked
Breaking News Today – Tuesday 7 July 2026
African Start-up News Headlines: Business News Today Senegal’s Sangomar Oil Field Provides Production Update According to Senegal’s Energy Ministry, the Sangomar offshore oil field (operated by Australia’s Woodside Energy) produced a cumulative 17.9 million barrels from January to the end of June 2026. This represents strong ramp-up performance for the country’s first major offshore oil
HyperDev Secures Over $1 Million (R15 Million+) in Pre-Seed Funding
AI Coding Platform Hits Nearly 100,000 Users in Under Three Months HyperDev, the AI-powered software development platform with operations in Europe and South Africa, has raised more than $1 million in pre-seed funding from European and UK venture investors. The company has grown rapidly to nearly 100,000 users in less than three months, indicating strong
Breaking News Today – Monday 6 July 2026
African Start-up News Headlines: Business News Today South Africa Private Sector Returns to Growth (PMI) South Africa’s private sector returned to expansion in June, with the S&P Global PMI rising to 50.5 from 49.6 in May, signalling improving economic activity as inflation eases. Output and new orders grew modestly, though employment remained subdued. This marks
Judgment, Not Just Code: What Tech Startups Must Master to Turn Product into Revenue in 2026
African startups and scale-ups have never had the opportunity to be better equipped to build software. AI tools are slashing development costs and timelines, enabling even small teams to ship software features at an unprecedented speed. Yet founders are discovering a painful truth: faster shipping does not equal faster growth. Capital is tighter, investor patience
Startup Stack – Top five Communication & Team Collaboration tools for African startups
Top five Communication & Team Collaboration tools for African startups: Slack, Microsoft Teams, Google Workspace, Zoho Workplace/Cliq, and Pumble. These tools balance real-time chat, video, file sharing, and project elements, with strong mobile support crucial for Africa's variable connectivity and mobile-first users. They suit bootstrapped startups facing data costs, currency fluctuations (ZAR, etc.), and needs
Too Little Energy, Too Late? South Africa’s Painful De-Industrialisation Amid Eskom’s “Profitability”
South Africa is bleeding manufacturing jobs and industrial capacity while government, Eskom, and NERSA celebrate incremental improvements in the power system. The country has suffered multiple energy crises over more than a decade, yet meaningful structural reform has been excruciatingly slow. The question must be asked: why has it taken so many corporate failures, factory
South Africa’s Solar PV Industry Surpasses 10 GW Milestone
The South African Photovoltaic Industry Association (SAPVIA) has released its Annual Report for the 2025/26 financial year, highlighting a transformative period for the country’s solar sector. South Africa crossed a major milestone by surpassing 10.12 GW of installed solar PV capacity, representing a positive 19% year-on-year growth. This achievement cements the country’s position as Africa’s
Breaking News Today – Friday 3 July 2026
African Start-up News Headlines: Business News Today Nigeria Joins IEA as First OPEC Member – Strategic Shift for Africa’s Largest Oil Producer Nigeria has officially become the first OPEC member to join the International Energy Agency (IEA) as an Associate member. This marks a significant geopolitical and energy policy development for Africa’s biggest oil producer.
South Africa’s Automotive Sector Maintains Momentum in June 2026 Despite Headwinds
The South African new vehicle market delivered another solid performance in June 2026, with domestic sales reaching 54,482 units — the strongest June monthly result since 2007. This represents a robust 15.3% increase (7,213 units) compared to June 2025, according to data released by naamsa on 1 July 2026. Year-to-Date Performance (First Half 2026) The
South Africa’s Startup Ecosystem: Strong Foundations, Regulatory Bottlenecks, and the Promise of the SA Startup Act
South Africa’s startup ecosystem stands at a critical economic juncture. With a stagnant economy but positive small indicators of potential, combined with dwindling manufacturing and mining activities, predominantly hampered by regulatory strangle holds. The country also boasts a deep talent pool, sophisticated financial markets, with established innovation hubs in Cape Town and Johannesburg, and a
Breaking News Today – Thursday 2 July 2026
African Start-up News Headlines: Business News Today South African New Vehicle Sales Spike in June South Africa’s new vehicle domestic market delivered a strong performance in June 2026, with domestic sales reaching 54,482 units — the best June performance since 2007. This represents a solid 15.3% increase (7,213 units) compared to June 2025. Passenger vehicle
South Africa’s Manufacturing Sector Contracts Further as ABSA PMI Declines
The ABSA Purchasing Managers’ Index (PMI) has once again signalled weakness in South Africa’s manufacturing sector. The latest reading for June 2026, fell below the crucial 50-point level, confirming a contraction in activity during the period under review. This marks another disappointing month for the sector, which has struggled to gain sustained momentum throughout 2026.
Breaking News Today – Wednesday 1 July 2026
African Start-up News Headlines: Business News Today South African Unemployment Craters Further According to the latest employment numbers from Stats SA, the country's total employment decreased by 121,000 or 1.1% year-on-year between March 2025 and March 2026. Employment decreased by 80,000 jobs or 0.8% quarter-on-quarter, from 10,548,000 in December 2025 to 10,468,000 in March 2026. This
No Free Lunch Podcast – Automated Tax Filing Solutions
Talking Tax Returns – With Daniel Swiegers In this episode of No Free Lunch, Greg Stewart speaks with Daniel Swiegers of TaxTim about how technology is helping South Africans navigate the often stressful world of tax filing. The conversation is especially timely, with tax season around the corner, and centers on how digital tools are
Business School – The Power of Communication and Ideas
Core Competencies Every Business Leader Must Master In business, few capabilities separate consistent winners from the rest as clearly as the ability to communicate effectively and generate high-quality ideas. While execution, timing, capital, and networks all matter, the capacity to speak and write with clarity, and to think creatively and strategically, acts as a powerful
Breaking News Today – Tuesday 30 June 2026
African Start-up News Headlines: Business News Today WhatsApp Introduces Usernames – Chat Without Sharing Your Phone Number WhatsApp has announced a major platform privacy upgrade, where users will soon be able to chat using unique usernames instead of revealing their phone numbers for messaging. The new feature allows people to connect and communicate while keeping