Economists anticipate the South African Reserve Bank (Sarb) will reduce interest rates by 25 basis points this month, citing favorable domestic conditions. However, uncertainties tied to...
The announcement by ArcelorMittal South Africa (Amsa) to wind down its Longs Business division could result in the loss of 3,500 jobs, sending shockwaves through Newcastle...
South African tech investment giant Naspers and its Amsterdam-based subsidiary Prosus took a combined hit of approximately R225 billion in market value after the United States...
Access Bank Plc, Nigeria’s largest lender by assets, has made a strategic move to expand its operations in South Africa by acquiring 100% of Bidvest Bank...
Indonesia has officially joined the BRICS group as a full member, marking a significant milestone in the bloc’s efforts to deepen Global South cooperation and advocate...
MTN Group, the South African telecom giant, has officially exited Guinea-Conakry by selling its local operation to the State of Guinea. This move, confirmed on December...
At the CES 2025 conference in Las Vegas, Nvidia CEO Jensen Huang introduced the highly anticipated RTX 50 series gaming chips. Built on the company’s advanced...
The future of South Africa’s steel industry faces another blow as ArcelorMittal South Africa (Amsa) announced plans to wind down its Longs Business by January 2025....
Transnet, South Africa’s state-owned logistics powerhouse, is at a crossroads. Responsible for ports, rail, and pipelines that form the backbone of the nation’s transport infrastructure, the...
South Africa’s electric vehicle (EV) sector is poised for growth following President Cyril Ramaphosa’s signing of a groundbreaking tax amendment on December 24, 2024. This amendment,...