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BMW Financial Services SA Celebrates 35 Years of Financing Innovation
BMW Finance – A Pioneer In South Africa. BMW Financial Services (BMW FS) was the first South African auto manufacturer credit company (also known as a captive finance company) to be established in the country. It was founded in 1990 as a wholly owned subsidiary of BMW Group to provide financing and insurance for BMW
Botswana Opens Talks with TikTok to Address Monetization Barriers
Botswana’s government has entered direct talks with TikTok to address the platform’s monetization restrictions that currently limit local creators. The meeting, confirmed by the Ministry of Youth, Sport and the Arts, brought together Minister Jacob N. Kelebeng and TikTok’s Southern Africa policy lead, Tholoana Ncheke-Mahlaela. This is the first time a Southern African government has
Senegal Plans Second Refinery to Boost Local Crude oil Processing
As part of its initiative to enhance domestic energy resilience and reduce external fuel dependency, Senegal has unveiled plans to construct a second oil refinery that will process locally produced crude. The move comes as part of the country’s determination to capitalize on its emerging oil sector while addressing a widening gap between rising fuel
Breaking News Today – Tuesday 7 October 2025
Business News Today AMD Secures Major AI Chip Deal with OpenAI, Shares Soar 34% Advanced Micro Devices (AMD) have closed a multi-year supply agreement with OpenAI for custom AI accelerators, fuelling a 34% stock surge and adding $50 billion to its market capitalisation value. The deal positions AMD as a key player in the AI
Why Sustainability and Ethical Practices Matter for African SMEs
Ethical conduct and sustainable practices have become essential levers of growth not just moral choices especially for SMEs. As global markets sharpen their focus on environmental, social, and governance standards, African SMEs that prioritize transparency, fair labor, and ecological responsibility are gaining traction with international partners. These businesses are not only earning community trust but
No Free Lunch Podcast – Authentic Brand Building
In this episode of "No Free Lunch," host Greg Stewart engages with Simon Spreckley, a seasoned creative leader and founder of Futureborn, to explore the evolving landscape of advertising and the role of authenticity in brand communication. Simon shares insights from his extensive career, highlighting the transformative impact of digital advancements and AI on the
Huawei to Establish Angola Research and Development Centre by 2027
Chinese technology company Huawei has announced plans to establish a research and development centre in Angola by 2027 as part of its ongoing efforts to expand access to digital tools and strengthen local innovation. The centre will directly support growth in education, healthcare, and connectivity, helping Angola build the skills and infrastructure needed for a
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
How Is Smart Mining Transforming Emergency Preparedness and Rescue in African Mines?
Emergency response in African mining has in recent years changed significantly with the adoption of new technologies that have enhanced coordination, speed, and safety during critical incidents. Traditionally, rescue teams relied on manual systems, limited communication, and delayed access to real-time information. However, advances in connectivity, data analytics, and remote sensing have redefined how emergency
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
Renaissance Seeks Partners to Unlock Nigeria’s Oil and Gas Potential
Renaissance Africa Energy has set its sights on a bold target of producing 500,000 barrels of oil and 1 billion cubic feet of natural gas per day by 2030. The consortium, comprising five energy firms, is now seeking strategic partners to help expand its operations and accelerate energy development in Nigeria. Vision for Africa’s Energy
Africa’s Gold Producers Tighten Grip Amid gold price increase
Gold prices are projected to continue their upward trajectory into the second quarter of 2026, with several financial institutions forecasting significant gains. For Africa’s leading gold producers, this bullish outlook is already shaping fiscal policies, royalty systems, and beneficiation strategies aimed at ensuring nations capture more value from their mineral wealth. Price Forecasts for Q2
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
Senegal Launches Nationwide AI and Digital Skills Training for Teachers
Senegal has officially launched a nationwide program to train over 100,000 teachers and administrative staff in digital skills and artificial intelligence, marking a major step toward modernizing the country’s education system. The initiative, which is part of a $233 million plan, is designed to integrate digital tools and AI into teaching and administrative practices, aligning
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
How Technology Is Improving Safety and Compliance of Tailings Dams in African Mines
Mine tailings dams are among the most complex and high-risk structures in the mining sector. Their management demands constant vigilance to prevent structural failures that can cause severe environmental and human disasters. Historically, oversight relied heavily on manual inspections and infrequent data collection methods. These approaches often lacked the precision and consistency needed for effective
Namibia Wins ExxonMobil Foundation STEM Africa Award at African Energy Week 2025
Namibia has emerged as the top winner of the ExxonMobil Foundation STEM Regional Finals, held during the African Energy Week (AEW) Invest in African Energy Awards & Gala Dinner on September 30, 2025. The Namibian youth team received the highest recognition for its groundbreaking project, Fish2Feed Energy, which transforms organic waste into valuable resources while
Economic Freedom is the Path to Prosperity
As Sub-Saharan Africa battles to lift its head above the parapet of poverty and economic destitution, a key ingredient that is often overlooked by those who desire to see improvements. The brutal truth is that the economic freedom of a country is without question a key foundation for communities and countries to prosper. The article
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