When the government told Nomondo Mboyi, 67, three years ago that they would build her a new house after hers was destroyed in a storm, she didn’t bother waiting. She started building her own house, u...
Kayode Emmanuel was parked outside the biggest hotel in Nigeria’s capital, the Transcorp Hilton Abuja, waiting for ride requests on his Uber Technologies Inc app. When none came, he did what many Nige...
More than $3.5 trillion of AI infrastructure spending could be at risk of impairment by 2030 as the industry’s investment boom threatens to outpace the revenue required to justify it, according to an ...
About 12 million people voted for their municipal leaders on 1 November 2021, roughly 46% of registered voters. That was the lowest turnout in a local election since democracy. In most metro municipa...
Wits University will begin construction of its R341 million Cultural Precinct in Braamfontein on 1 January 2027, in partnership with Sabvest Capital Limited, a major investment in the arts that will c...
Elon Musk gave $158 million to the GOP’s main super PAC backing Senate candidates in September, making the world’s richest person the biggest US political donor for the second straight election cycle,...
The Royal Swedish Academy of Sciences has awarded this year’s Conor O’Kane in Economic Sciences to the American economists Robert E. Hall and Michael Woodford. The prize was awarded in recognition of...
After several years at McKinsey in South Africa and Nigeria, American-born Brooks Washington set out to build something of his own. His first venture was a beer bottle factory in Ethiopia. It was fo...
Netflix is replacing its chief creative officer with a veteran TV and film executive, Peter Rice, accelerating efforts to reinvigorate growth and reverse a slowdown in viewers and revenue at the strea...
White House Press Secretary Katie Zacharia acknowledged Thursday that she did not pass the California bar exam, but downplayed the results as she sought to get past mounting questions over her legal c...
Tencent Holdings said it identified unexpected behaviour from third-party AI models on its platform, after a research report this week uncovered rogue AI agents in China that originated from a sandbox...
Transnet Engineering and global equipment provider Wabtec have signed a long-term material and technical support agreement valued at approximately R6.6 billion to support Transnet’s Class 43D and 44D ...
South Africa will tighten vehicle-manufacturing rules to “phase out” the practice of importing cars as kits for assembly in the country, Trade Minister Parks Tau said. The country will also stop provi...
Ebola spread to an eighth province in the Democratic Republic of Congo, Reuters reported, as health workers confront a heavy toll among young children, adding new challenges to efforts to contain the ...
The awarding of the 2026 Nobel Peace Prize to distinguished South African jurist and international judge Navanethem ‘Navi’ Pillay is about more than just the recognition of an exceptional individual i...
Durban-headquartered private logistics property developer Newlyn Group has advanced construction on its approximately 150 000m² Newlyn Logistics Park in Gqeberha in the Eastern Cape, with the initial ...
The gap between the share price and the intrinsic net asset value (NAV) of Remgro shares has narrowed over the past 12 months, but it remains at about the same elevated level it was six years ago – at...
Joburg Mayor Dada Morero still does not know if he will be the ANC mayoral candidate in next month’s local government elections. He is nonetheless on the campaign trail, defending his two-year tenure ...
Challenging stock market conditions resulted in a 74% drop in performance fees at PSG Asset Management, as financial services group PSG Financial Services reported 5% growth in headline earnings in it...
Executive pay of CEOs increased 9% to R23.1 million in 2026, while short-term bonuses increased 42%, and long-term incentives increased 67%. In PwC’s 19th Directors Remuneration and Trends Report, the...
Luxury giant Richemont and US retailer Signet Jewelers are in talks to join a consortium that’s in prime position to buy diamond miner De Beers, according to five people familiar with the matter. The ...
Taiwan Semiconductor Manufacturing delivered a better-than-expected revenue outlook, sustaining torrid growth in defiance of rising concerns about the sustainability of a global AI buildout. The globa...
The Constitutional Court ruled in favor of the African National Congress in a dispute over candidates excluded from next month’s municipal elections, a judgment that may force the electoral commission...
Mauritius was calm on Thursday following unrest earlier in the week, the police said. “All the island’s roads are passable and free of any obstructions,” the police said in a statement on Thursday tha...
The thick haze blanketing Singapore as wildfires rage in neighbouring Indonesia is driving a surge in demand for air purifiers and face masks. Several models of air purifiers from brands including Xia...
The smartphone market suffered its worst decline on record in the September quarter, after rising memory costs pushed shipments down 22% with worse to come, according to market researcher IDC. The hig...
Anthropic PBC’s third-quarter results may strengthen the case for its expected initial public offering, though they are unlikely to dispel doubts over the global AI trade, according to some investors ...
The proportion of contributing members of Alexforbes-administered retirement funds who are projected to retire with an income of at least 75% of their final salary rose from 6% in 2021 to 10% in 2025,...
Retailer Clicks has overhauled its ClubCard proposition with instant 10% savings on more than 2 500 health, beauty and wellness products. The move follows rival Dis-Chem’s relaunch of its loyalty prog...
South Africa’s tax system is ill-suited to an economy trapped in low growth. Its complexity drives up compliance costs and creates unnecessary obstacles for businesses. While a broad tax mix gives go...
It’s been a week from hell for JSE bitcoin pioneer Africa Bitcoin Corporation (ABC), with the latest missile coming in the form of a fresh investigation being launched by the Financial Sector Conduct ...
A company linked to South African billionaire Patrice Motsepe said a Tanzanian court has struck out a long-running case brought by Pula Group LLC against him and affiliated firms, in which Pula sought...
Botswana got selected as the host venue for the southern African portion of the initial public offering of the continent’s largest oil refinery, giving the relatively small market a key role in the re...
President Donald Trump said Taiwan had agreed to buy 30% of the liquefied natural gas from a planned project in Alaska over the next 20 years, touting the initiative ahead of US midterm elections. Tru...
Advtech, owner of private school brands including Crawford International, Trinityhouse and Pinnacle, has acquired the St George’s School property in Gqeberha in order to establish the first Eastern Ca...
Many of Britain’s large businesses are ready to replace staff with artificial intelligence over the next year, according to a prominent survey of chief financial officers. Deloitte said Wednesday that...
A federal judge said journalists with CNN, MS NOW and Politico can continue to have access to the White House while their lawsuit against the Trump administration proceeds. US District Judge Timothy J...
China’s state-run refiners are set for a months-long effort to replenish oil stockpiles, according to Eurasia Group, after tapping reserves to cushion the impact of elevated prices stemming from the U...
Iran-backed Houthis launched missile and drone attacks across Saudi Arabia, targeting several cities, as oil giant Saudi Aramco’s headquarters in the east of the kingdom was hit. A limited fire erupte...
South Africa is heading in the right direction for its first credit-rating upgrade by Moody’s Ratings since 2009, provided the country’s fiscal performance continues to improve. The agency, which rate...
Oil climbed as a flare-up in attacks in the Middle East increased uncertainty over a recovery in Persian Gulf energy flows. Brent rose toward $107 a barrel after falling 0.9% on Tuesday, while West Te...
Doctors diagnosed Pope Leo XIV with lung cancer and removed the lower lobe of his right lung during surgery, the Holy See said. The operation at Rome’s Gemelli hospital followed the earlier discovery ...
Allan Gray, which oversees $29 billion in assets, favours Nigerian stocks over South Korean equities, as they offer a diversification play from the artificial-intelligence frenzy that has swept market...
On Tuesday, commuter activist group #UniteBehind hand-delivered an affidavit to the National Prosecuting Authority (NPA) offices in Cape Town. It wants the NPA to investigate, subpoena and prosecute p...