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Namibia Takes Over New China Funded Satellite Facility
Namibia has taken over full operation of the China-Aided Satellite Ground Data Receiving Station (SGDRS), gaining its own platform for gathering and processing satellite data. The station now falls fully under Namibian control, giving the country direct access to satellite information used for government planning, scientific work and environmental monitoring. Officials from the Ministry of
Crypto is the "Real Money" – Musk
Elon Musk's latest remarks on cryptocurrency, made during a podcast interview with Indian entrepreneur Nikhil Kamath (co-founder of Zerodha) this week, frame crypto currencies, and particularly Bitcoin, as a form of "real money" due to its intrinsic tie to energy consumption. Musk didn't explicitly call crypto the outright "currency of the world," but he positioned
Breaking News Today – Friday 5 December 2025
Business News Today Glencore's Announcement on Collahuasi Copper JV with Anglo American During its annual Capital Markets Day investor presentation in Baar, Switzerland this week, Glencore Plc announced its intention to maintain an equal ownership stake in the Collahuasi copper joint venture (JV) with Anglo American Plc in northern Chile, should the operation merge with
Are Hydrogen Haul Trucks Ready for Mining and Are Costs Finally Falling?
The mining industry is under rising pressure to decarbonise, modernise its fleets, and cut the lifecycle costs associated with diesel-heavy operations. Among the technologies gaining global attention, hydrogen-powered haul trucks stand out as one of the most daring and ambitious attempts to rethink mining mobility. But the key questions remain, Is the technology ready, and
SARB's Jibar Cessation Announcement: Overview and Implications
The South African Reserve Bank's (SARB) press release yesterday (3 December 2025), formally announced the permanent discontinuation of the Johannesburg Interbank Average Rate (Jibar), South Africa's key short-term benchmark interest rate. This will come into effect immediately after its final publication on December 31, 2026. The change marks the end of a multi-year reform process
Camtel Prepares Blue Money to Enter Cameroon’s Mobile Money Market
Camtel, Cameroon’s state-owned telecom operator, is gearing up to break into the mobile money arena in 2026 with Blue Money, a service the Ministry of Posts and Telecommunications has placed among the company’s upcoming projects. Minister Minette Libom Li Likeng confirmed the initiative, which points to Camtel’s late move into a market long shaped by
Breaking News Today – Thursday 4 December 2025
Business News Today Business Sentiment in South Africa Improves The RMB/BER Business Confidence Index (BCI) for South Africa's Q4 2025 climbed 5 points to 44, from a one-year low of 39 in Q3, marking the first improvement after two consecutive quarterly declines from 40 in Q2 and 39 in Q3. At 44. It signals that
Vodacom Tanzania Unveils M-Pesa Global Payments
Vodacom Tanzania has rolled out a major expansion of its mobile money capabilities with the debut of M-Pesa Global Payments, a cross-border payment service built to speed up, streamline, and secure international transactions for both consumers and businesses. Unveiled on 27 November 2025, the service allows M-Pesa customers to settle payments with merchants across the
African Tech Innovation Awards 2025 – Finalist Announcement
4 December 2025 – Business tech Africa today announces the category finalists for the second Business Tech Africa Tech Innovation Awards. This year's accolade is set to build on the inaugural awards introduced by Business Tech Africa last year, where new fintech Tipped, took overall top honours. This year there were a few changes to
Synthesis Clinches 2025 AWS sub-Saharan Africa Partner Award
Synthesis has secured a major regional honour after being named a winner in the 2025 AWS sub-Saharan Africa Partner Awards. The recognition places the company among the most advanced cloud and AI engineering firms in the region, highlighting its ability to deliver measurable impact through sophisticated AWS architectures and disciplined execution. The awards celebrate organisations
What Small Businesses Need to Thrive in 2026
Small businesses continue to play a critical role in economic growth, job creation and community development However, Inflationary pressure, increasing digital adoption, supply chain disruptions, evolving consumer behavior and shifting labor markets have all created the need for agility and resilience. As a result, sustaining operations is no longer enough. To grow, adapt and survive,
Ivanhoe Begins Heat Up of Africa’s ‘Largest, Greenest’ Copper Smelter in DRC
Ivanhoe Mines has begun the heat up phase of its 500,000 t/y direct to blister copper smelter at the Kamoa-Kakula complex in the Democratic Republic of Congo (DRC), marking a major milestone toward full commissioning. The first feed of concentrate is expected by year-end, the Canadian miner said in a statement issued on December 1.
Business School – FICA Compliance Lessons
South Africa’s recent sanctions against Discovery Bank and eZI Remit highlight how inadequate FICA training leaves institutions exposed to fines, reputational damage, and regulatory scrutiny. The outline below, penned by Sameer Kumandan, MD of SW360, stresses that staff are the first line of defence against financial crime and outlines six practical training strategies to embed
Breaking News Today – Wednesday 3 December 2025
Business News Today Amazon Announces On-Site AI Service Offering Amazon announced a new innovative AI product yesterday called “AI Factories”. The service would allow big corporations and governments to run its AI systems in their own data centres, where customers supply the power source and the data centre, and AWS plugs in the AI system, manages it,
African Energy Chamber condemns UK’s withdrawal from Mozambique Gas Project
UK’s withdrawal from The Mozambique LNG, Project highlights how Western climate agendas undermine Africa’s urgent need for energy security and economic growth The UK government’s recent decision to withdraw $1.15 billion in support from the TotalEnergies-led Mozambique LNG project is according to the African Energy Chamber (AEC), is a concerning example of Western policy priorities undermining
Fuel Price Increase Shock for Business This Christmas
South African Fuel Price Hike: December 2025 Adjustment The Department of Mineral Resources and Energy (DMRE) announced the monthly fuel price adjustments today (December 2, 2025), effective from Wednesday, December 3, 2025, at midnight. These changes are calculated monthly under the Fuel Price Formula, which determines the Basic Fuel Price (BFP) based on international and
Zimbabwe Introduces 15% Tax on Foreign Digital Services
Zimbabwe has announced a 15% tax on payments made to foreign digital-service platforms, denoting a tighter approach to taxing cross border digital consumption. Finance Minister Mthuli Ncube introduced the measure during the 2026 national budget presentation, confirming that the levy will take effect on 1 January 2026. The tax applies to all transactions routed to
Sumsub's Identity Fraud Report 2025-2026
Key Insights The newly released Sumsub Identity Fraud Report 2025-2026 delivers a data-driven analysis of evolving identity fraud trends, drawing from over 4 million fraud attempts processed on its platform in 2024-2025. This is paired alongside surveys of 300+ fraud professionals and 1,200+ end-users across global regions. The report shows a shift in focus from
Samsung Launches Galaxy Z TriFold, Its First Multi-Folding Device
Samsung Electronics has introduced its first multi-folding smartphone, expanding its presence in a part of the mobile market where competition continues to sharpen. The new Galaxy Z TriFold strengthens Samsung’s position as Chinese manufacturers advance their own foldable devices. Analysts still warn that high prices and complex manufacturing may keep the category small for now.
South African Currency Improvement – An Analysis
Current Strength of the South African Rand (ZAR) As of December 2, 2025, the ZAR is exhibiting notable strength against the US dollar, trading at approximately 17.10 USD/ZAR, a slight 0.09% daily increase but reflecting broader monthly gains. Year-to-date, the ZAR has appreciated by over 8% against the USD, recovering from highs near 19.74 earlier