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Business School – Prevention of Corruption Amendment Application in Your Business
Corruption may just get more expensive: What the PRECCA Amendment Bill means for you By Kim Rew, partner, Webber Wentzel South Africa has been fighting corruption with legislation that, frankly, lacked teeth. The Prevention and Combating of Corrupt Activities Act 12 of 2004 (PRECCA) has long been the cornerstone of the country's anti-corruption framework —
US Tariffs Revisited – South Africa and Angola Targeted
South Africa and Angola are among the African States targeted by new US Tariffs In March 2026 the US Trade Representative (USTR) opened Section 301 investigations into 60 economies (covering more than 99% of US imports) over their alleged failure to impose and effectively enforce a prohibition on the importation of goods produced with forced
No Free Lunch Podcast – Scaling Business Sensibly – Lessons for Entrepreneurs
The latest No Free Lunch podcast discussion focuses on the Purple Group’s acquisition of Telescope AI and the strategic thinking behind the deal. Purple Group CEO and Founder, Charles Savage explains that the relationship between the two companies began years ago, when he first met Telescope AI founder Luke, and became more serious in late
Breaking News Today – Wednesday 22 July 2026
African Start-up News Headlines: Business News Today Support for Platinum Sees Price Reversal Platinum futures have climbed to around $1,670 an ounce this morning, reaching a four-week high as renewed buying across precious metals and persistent global supply constraints supported prices. After several weeks of weakening prices and heavy losses across the precious metals complex,
Breaking News Today – Tuesday 21 July 2026
African Start-up News Headlines: Business News Today Ivory Coast Promoting "Champion Businesses" The Ivory Coast government is looking to establish so-called "national champions" to fuel economic development and encourage the building of small and medium enterprises. Among those champions is oil and gas distributor, Petro Ivoire and cosmetics manufacturer Kaera. As a sign of investor confidence,
Resetting South Africa's Automotive sector Trajectory
The latest Global Automotive Intelligence Review from NAAMSA, frames the current period as a “Global Automotive Reset.” Three powerful forces are simultaneously reshaping mobility, industry structure, and investment decisions: Core Thesis of the Report The era of scale for its own sake is ending. The implications are clear – Manufacturers are actively cutting capacity, simplifying
Breaking News Today – Monday 20 July 2026
African Start-up News Headlines: Business News Today Gold Production Volume Scrutiny Measures Introduced in Cameroon Cameroon has launched a wide-scale operation aimed at recovering approximately $680 billion in tax and customs revenues from the production of some 17 tonnes of gold. The new measures are one of several components of the government plans to step
PowerBall Draw 1738 completed successfully following mechanical malfunction
Date: July 17th Draw no: 1738 Tonight’s PowerBall Draw 1738 was completed successfully. The validated winning numbers were: PowerBall: 06, 09, 31, 37, 42 | PowerBall: 04 PowerBall Xtra: 18, 21, 40, 41, 43 | PowerBall: 16 Following the PowerBall draw, a mechanical malfunction prevented the gate between the PowerBall and PowerBall Xtra machines from opening,
Breaking News Today – Friday 17 July 2026
African Start-up News Headlines: Business News Today AI Chip Stock Rout As Risk-on Sentiment Rises There has been sharp sell-off in AI and semiconductor stocks, with particular weakness in memory chips and AI infrastructure tech industry brands. This has dragged down major Asian tech-heavy indexes, while U.S. indexes have been mixed. Taiwan Semiconductor (TSMC) a
No Free Lunch Podcast – Building ROI on AI projects
In this episode of No Free Lunch my discussion with Sihle Letzolo, the Principal Machine Learning Engineer at Olostel AI, focusses on a practical question facing many businesses today: why do so many AI projects fail to deliver clear return on investment? Our discussion highlighted a common frustration across industries – Regular large spending on
Breaking News Today – Wednesday 15 July 2026
African Start-up News Headlines: Business News Today New Financing Guarantee Platform to Boost Intra-African Trade The World Bank Group’s Multilateral Investment Guarantee Agency (MIGA) and Deutsche Bank, have announced the launch of a €1 billion ($1.17 billion) guarantee platform to expand trade finance in frontier and emerging markets yesterday. This is MIGA’s first standalone, programmatic
Business School – Mastering Funding Finesse
The One Key Lesson for African Startup Leaders Right Now: Master Funding Finesse In a somewhat chaotic African business environment we find today, the single most important lesson for startup founders and leaders is this: Master “Funding Finesse”. Building your ability to strategically access and combine multiple forms of capital (equity, debt, revenue-based financing, local
Breaking News Today – Tuesday 14 July 2026
African Start-up News Headlines: Business News Today De Beers to Shut Major South African Diamond Mine Diamond Mining Major De Beers, announced on Monday (July 13) that it will pause production at the Venetia mine, South Africa’s largest diamond mine by value and output share, for a period of two years to cut costs amid
Build Now, Build Fast: Africa's Solution to Deficits and Poverty
Africa, particularly Sub-Saharan Africa, is blessed with abundant natural resources yet remains trapped in a cycle of trade deficits, low per capita income, and insufficient job creation. Comparisons with other developing regions make the challenge stark: while Southeast Asia has leveraged manufacturing and exports to achieve higher per capita incomes and trade surpluses, and Latin
Breaking News Today – Monday 13 July 2026
African Start-up News Headlines: Business News Today Iran Conflict Escalation Sees Dollar and Oil Prices Firm U.S. and Iranian forces have escalated drone an missile attacks over the weekend, with Tehran targeting U.S. facilities in states across the Gulf region on Sunday and saying it had again closed the vital Strait of Hormuz shipping route.
Startup Stack – Project Management Tools Every African Startup Needs
From Chaos to Control Time and cash runway are everything in the life of an African Startup. A missed deadline doesn’t only delay a launch it can cost your business a key client, damage hard-earned credibility, or leave a promising product stuck in beta while competitors capture market traction. Miscommunication between founders, developers, marketers, and
Mantengu Limited’s 2026 Results: Resilience Claimed, But Shareholder Value Eroded
By Greg Stewart Business Tech Africa | 10 July 2026 Mantengu Limited (formerly Mantengu Mining) released its annual results for the year ended 28 February 2026, reporting a substantial R315 million loss. While management described aspects of the performance as resilient, the numbers paint a picture of ongoing value destruction, operational challenges, and a widening
Absa and BYD Strengthen Strategic Partnership with Launch of BYD Finance in South Africa
Johannesburg, 10 July 2026 — Absa and BYD Auto South Africa have elevated their collaboration through the official launch of BYD Finance last night in Johannesburg. This introduces a tailored financial solution designed to make new energy vehicles more accessible and affordable for South African customers and dealers. The partnership, which builds on cooperation established
Breaking News Today – Friday 10 July 2026
African Start-up News Headlines: Business News Today Renew Africa Announces Multiple African Startup Investments African early-stage investment firm Renew Capital has selected 15 companies for investment through its inaugural venture lab, EmFi Series. The chosen companies represent 10 countries, including Ethiopia, Nigeria, Ghana, Kenya, Togo, and Zambia. Ghana and Nigeria had the most representation, with
Private Sector Building Activity Reveals Deep Provincial Divides in South Africa
By Greg StewartBusiness Tech Africa | July 2026 New data from Statistics South Africa’s Selected Building Statistics of the Private Sector (P5041.3, 2025) paints a stark picture of divergent provincial fortunes. While the national value of buildings reported as completed rose modestly by 2.6% (R1.352 billion) in 2025 compared to 2024, the gains were heavily