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Ford Considers Workforce Reduction at South African Plants
Ford Motor Company’s South African plans to cut more than 470 jobs in a restructuring move aimed at aligning production with shifting market demands. The decision, confirmed by both the company and the Solidarity union, underscores the mounting challenges facing South Africa’s automotive industry. According to the union, the retrenchments will affect 391 operator roles
Breaking News Today – Monday 1 September 2025
Business & Tech News Platinum Shortfall Drives Prices to a One-Month-High Platinum futures climbed above $1,373 per ounce in early trade this morning, reaching a one-month high with several factors driving the prices higher. Supply concerns gave support to the price, with global platinum production remaining in deficit for three straight years as demand continues
Trend Micro Reinvents Proactive Security with Digital Twin Technology
Trend Micro, a global leader in cybersecurity, has unveiled a pioneering cyber resilience model that is redefining proactive security for enterprises. Central to this innovation is the company’s application of Digital Twin technology, designed to simulate real-world cyber threats, validate defenses, and enable organisations to adapt policies in real time across diverse and complex digital
Voices of Africa “Founder Fridays” Synergy Trading & Projects
South Africa’s ICT sector, valued at more than R250 billion annually, continues to face a persistent gender gaps, with women comprising just 21% of the workforce, according to the Institute of Information Technology Professionals South Africa. Amid these challenges, ICT entrepreneur Nomphomelelo Mpumi Mahlangu is actively placing her company and her leadership as part of the solution, demonstrating that
Westcon-Comstor Deepens Microsoft Partnership for Digital Growth in Africa
Westcon-Comstor announced a deeper strategic collaboration with Microsoft to accelerate digital transformation across Sub-Saharan Africa. The announcement took place at the Westcon Microsoft Partner Summit 2025 in Johannesburg, where industry leaders, executives, and partners gathered to explore how technology continues to reshape regional business models. As organisations face mounting competition and rapid technological change, the
How to Pivot Your Business Model: Adapting to Economic and Technological Shifts
The evolving global landscape we find ourselves in today, requires businesses to navigate unprecedented disruptions driven by technological advancements and economic volatility. For African enterprises, these challenges are amplified by unique regional factors such as infrastructure limitations, diverse regulatory environments, and reliance on commodity-based economies. The rise of artificial intelligence (AI) and cloud computing is
Breaking News Today – Friday 29 August 2025
Business & Tech News US GDP Growth for Q2 2025 Exceeds Expectations The U.S. Bureau of Economic Analysis reported yesterday that real GDP grew at a revised 3.3% annualised rate in Q2 of 2025, up from the initial 3.0% estimate, and exceeding the 3.1% Dow Jones forecast. This marked a clear rebound from Q1 that
Key Strategies for Scaling Your SME in Africa
Small medium-sized enterprises (SMEs) drive economic growth, create jobs, and promote innovation across Africa. Yet, more often than never these small businesses often struggle to scale due to limited access to finance, inadequate infrastructure, and a shortage of passionate skilled talent. This piece explores practical strategies for growth, highlighting opportunities and challenges that entrepreneurs face
ASUS Education Empowers Schools with Hands-On Technology Event
ASUS South Africa hosted an education focused event yesterday, 27 August, where schools from across the country gathered to explore how technology can empower teachers and learners. The event not only showcased innovative tools but also demonstrated how they can transform classrooms into dynamic spaces of engagement and creativity. Keynote on AI in Education During
African Apps Changing SME Businesses
With smartphone adoption on the rise and internet connectivity spreading, African apps have continued empowering entrepreneurs, linking farmers with markets, and opening new pathways for financial inclusion. From fintech to agriculture, African-developed apps are driving change in how commerce and services operate. Financial technology remains one of the most influential areas for mobile apps. M-Pesa (Kenya), Chipper Cash (pan-African), Paystack (Nigeria),
Harmony Gives Investors Good Value – Aims for Better Safety
Harmony Gold released its latest financial results for the financial year ending 30 June 2025 today. The company provided great value for share holders with Headline earnings per share up a handsome 26% to 2 337 SA cents (129 US cents). Basic earnings per share was up 67% to 2 313 SA cents (127 US
African Bank Ups its MSME Game
African Bank has launched a fully online Micro, Small & MediumEnterprise (MSME) lending platform, offering business term loans, revolving lines of credit and invoice financing. The new solution, initially targeted at MSMEs with an annual turnover of R1-million or more, will provide funding starting from R20 000 (ZAR) and up to R5 million. The new financial product
Breaking News Today – Thursday 28 August 2025
Business & Tech News NERSA-Eskom Settlement a Blow for South African Tax Payers On August 27, 2025, the National Energy Regulator of South Africa (NERSA) issued a media statement detailing a settlement with power producer Eskom regarding the Sixth Multi-Year Price Determination (MYPD6) revenue decision for 2025/26, 2026/27, and 2027/28 financial years. The agreement followed
Vodacom Group Announces Leadership Transition in External Affairs
Vodacom Group has appointed Ayman Essam as Chief Officer: External Affairs, effective 1 October 2025. He will succeed Stephen Chege, who will return to Kenya at the end of September to assume the role of Group Chief External Affairs Officer at Safaricom. In his new position, Ayman will lead Vodacom Group’s external affairs strategy across its key markets, which include the DRC,
Africa’s Mining Future is Powered by Skill Upgrades, Drones, and Robotics
Technological advancements in African mining have entered a new era where machines no longer serve only as tools of production but as intelligent partners in mineral extraction. Robotics and drone technology are changing the traditional workforce, and some of this technology is already in full operation. Siemens projects that 35% of mining jobs will be
Transforming Education Through AI innovation Ethics and Impact
Imagine a lecture hall in South Africa, where two students showcase vastly different approaches to learning. One student presents a locally grounded case study on climate change in Limpopo. Another student submits a polished paper, but they've stitched it together from AI outputs filled with examples from Silicon Valley and New York. Both students are
Business School – Attracting Global Investment to Africa’s Digital Startups
Africa's digital economy is standing at the point of potentially exponential growth, with a massive young, tech-savvy population and ever increasing mobile connectivity penetration. With over 1.4 billion people inhabiting the continent, it presents a vast untapped market for digital innovation. However, securing global investment remains a hurdle for many startups amid economic uncertainties. In
Breaking News Today – Wednesday 27 August 2025
Business & Tech News Space X's StarShip Tenth Launch a Success SpaceX’s massive 122.83 meter Starship rocket lifted off on its tenth test flight from Starbase, Texas, last night, successfully meeting long sought milestones after several launch failures. The rocket ascended on 33 methane-fueled Raptor engines before separating around three minutes after liftoff.Starship’s tenth flight
Google Unveils New Data on AI’s Environmental Impact
Amid mounting global concern about the environmental footprint of artificial intelligence (AI), Google has taken a step by publishing new data on the energy, water, and carbon costs of its Gemini AI service. According to the company, sending a single text prompt through Gemini consumes as much energy as watching television for nine seconds Economic
How to Attract Angel Investors for Your SME
Traditional bank loans often come with stringent requirements and high interest rates, leaving many small and medium enterprises (SMEs) across Africa with significant challenges in securing capital for growth. As a result, entrepreneurs end up searching for alternative funding routes. This is where angel investors step in, high-net-worth individuals who use their personal funds to