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Breaking News Today – Wednesday 16 July 2025
Business & Tech News Cocoa Futures Slump Cocoa markets were hit with a price plunge of over -6% this morning after seeing steady gains over the last week. The International Cocoa Organisation (ICCO) estimates global cocoa output will grow by 8% year-on-year to 4.84 million tonnes, driven by an 11% increase in Ivory Coast (1.85
Business Chat – E-hailing Industry Challenger
Navigating Growth and Challenges in South Africa's E-Hailing Market In This episode of Business chat we speak to Ashif Black, the South African country representative for Indrive – the e-hailing disruptor in South Africa. Growth Potential and Market Size: The e-hailing market in South Africa is vast, with inDrive already operating in 16 cities across
Breaking News Today – Tuesday 15 July 2025
Business & Tech News US Start-up Investments Spike on AI Developments: U.S. start-up funding saw a remarkable growth in H1 of 2025 of 75.6%. This was primarily driven by the current AI industry explosion and further developments in the related cloud computing and data management. Start-up funding from Jan-June 2025, grew to $162.8 billion, making
Has Crypto Just Become Mainstream Money?
There has been a crypto currency tailwind blowing over the last few months, indicating that the crypto market and Bitcoin in particular may well have just moved into a whole new dimension of mainstream acceptance. There have been many indicators that have all started to show greater market adoption, from institutional buying with several large
Business School – Building Effective Customer Loyalty
As Africa grapples with challenges within a shifting global business environment with disrupted supply chains, import tariff changes, high inflation and interest rates and business uncertainty. There are also solid and foundational ways to assist your business to grow, and a key method is ensuring that you establish solid customer loyalty. Not only will improving
Breaking News Today – Monday 14 July 2025
Business & Tech News Metal Prices Making Massive Moves: While the world is spinning around tariffs and turmoil, the metal mining industry in Africa with the exception of steel and Iron, has hit a massive profit producing growth in prices that is unprecedented. Year-to-date (YTD), gold has seen a 28% growth in prices, Silver a
African Startup Funding Analysis and Key Insights
Overview So What is a Start-Up? When it comes to definitions of what a start-up actually is there is a heap of different opinions in the market. However it is useful to pin down a specific definition that is meaningful. Mostly it matters because it should determine what a business should be focussing on at
Breaking News Today – Friday 11 July 2025
Business & Tech News Nigerian Super Highway gets Funding Nigerian national infrastructure and logistics sector is posed to get a welcome upgrade, after the West African Nation concluded a substantial $747 million loan for the development of the new 700km Calabar Highway. Once completed, it will link the capital Abuja to a key coastal port
Tariff Impact Assessment for SME's
SMEs need to assess value proposition and operational efficiencies following US tariff announcement. The confirmation that South Africa will from next month be hit by a 30% export tariff by the United States of America, should motivate small business owners to invest in their competitive advantage, and urgently scrutinise their internal operations for efficiencies. This
African Auto Manufacturers Pivot For Success
The size of the Global Market compared to the Size of Manufacturing by Region Africa has struggled to attract major automotive manufacturers with only South Africa, Morocco with any major vehicle production volume at this point and Egypt and Nigeria and Kenya as emerging manufacturing hubs. In total around 1,3 million vehicles were produced in
Breaking News Today – Thursday 10 July 2025
Business & Tech News AI driven Search Engine – Comet Launched Perplexity, the AI development tech company, that last month completed a funding round that valued it at $14 billion, has shaken up the browser market with its AI web browser Comet launched yesterday. The start-up willl seek to challenge Google's dominance in the search
Breaking News Today – Wednesday 9 July 2025
Business & Tech News Zimbabwean Economy and Currency Sees Gradual Improvements: The Zimbabwean ZiG (Zimbabwe Gold), its latest currency, has reached a new Gold and foreign-currency reserve level in June according to a statement by the central bank yesterday. Reserves climbed to $731 million from $639 million in May up from an initial holding of
Business Chat – Navigating South Africa's Economic Challenges
In this longer than usual business chat, I had a really in-depth chat with Casey Sprake, an economist at Anchor Capital. We chatted about the current high interest rates in South Africa, compared to the low inflation rate and discussed if this was hurting the economy. Our conversation covers a lot of ground and includes
Breaking News Today – Tuesday 8 July 2025
Business & Tech News Samsung Profits Plunge in Q2: South Korea's tech giant, Samsung Electronics has given a trading warning earlier today, indicating that it expects a 56% plunge in its Q2 profit. The company accredits this to low AI chip sales, with investors now having concerns over the likelihood of the company being able to
Business Chat – African Bank – The Journey to Better Banking
In this conversation, Greg Stewart interviews Anbann Chetti, the CFO of African Bank, discussing the bank's journey, growth, and strategic goals. Anban Chetty, with a long career in Banking in South Africa, shares insights into the bank's transformation from a troubled institution to a fully-fledged bank, highlighting the diversification of products, customer growth, and the
Breaking News Today – Monday 7 July 2025
Business & Tech News BRICS Block Hit With Additional Tariff BRICS aligned countries are facing additional trade tariff's according to a social media posting by U.S. President Donald Trump on Sunday. Trump said that any country aligning with the "anti-American policies" of the BRICS bloc will face an additional 10% tariff. “There will be no
Business School – Working With Tariffs – How to Mitigate the Impact
The current situation faced by multiple African businesses is that as of next week Tuesday (9th July), they will be facing a variety of tariff challenges, particularly if they currently export to the US market. US President Trump has set the deadline and said there will be no further deadline extensions this week, and with many
Breaking News Today – Friday 4 July 2025
Business & Tech News Cluely Clearly in Demand One of the US top Tech Start-ups, Cluely, has hit a massive $7 million in annual recurring revenue (ARR) since they launched their new predictive AI product last week. Cluely, one of Silicon Valley’s top innovator startups, offers products that use AI to analyse online conversations, deliver
Business Chat – Brand Authenticity in a Modern Society
Piveting to Purposeful Advertising: In this conversation on Business Chat, Anine De Wet, Client Relationship Lead at Cache Studio, discussed the evolving landscape of advertising with me, providing relevant insights for marketers and people building brands in a digital world. Anine talked passionately about the industry and emphasized the importance of purpose and strategy in
African Healthcare Industry in Crises
Africa is in the grip of a crises in the shortage of healthcare workers and an acute shortage of technical equipment and a critical need for technological innovation in healthcare to help ease the shortages of skilled professionals. The continent, according to the World Health Organisation (WHO) has only around 1.55 health workers per 1000