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Breaking News Today – Tuesday 18 November 2025
Business News Today Google's Boss Sounds AI Warning Sundar Pichai, CEO of Google's parent company Alphabet, in a BBC interview, has said that "People should not blindly trust" everything AI tools tell them. Pichai said that AI models are "prone to errors" and urged people to use them alongside other tools. Mr Pichai stressed that

No Free Lunch Podcast – Open Source AI – Africa's AI Growth Opportunity
This edition of South Africa's Freshest Business & Tech podcast – "No Free Lunch" features an insightful conversation between host Greg Stewart and Dion Harvey, the regional General Manager for Sub-Saharan Africa at Red Hat. The discussion centres around the transformative potential of open source software in Africa, particularly in the context of AI and

Mozambique Initiates Local LPG Production
Mozambique has started producing and distributing liquefied petroleum gas LPG for the domestic market. The Inhassoro processing plant in Inhambane province shipped the first commercial batch. This move marks the country’s initial step toward local LPG production. Sasol, the energy company responsible for managing the first LPG batch, operates the $1 billion Inhassoro and Govuro

Flexible Pricing Models for Digital Tools in Resource Constrained Settings
In resource constrained environments, access to digital tools can be a critical factor for business growth, particularly for small and medium enterprises (SMEs). High upfront costs, subscription fees, and infrastructure requirements often limit the adoption of technology in these settings. Flexible pricing models offer a practical solution, enabling businesses to access essential digital services without

Angola’s National Data Center Set to Launch in 2026
Angola is gearing up to operationalize its new national data center in the first half of 2026, following a site visit by Telecommunications Minister Mário Augusto da Silva Oliveira on Thursday. According to André Pedro, Director General of the National Institute for the Promotion of the Information Society (INFOSI), construction is now roughly 75% complete,

Solar Energy- Insights into Adoption, Growth, and Energy Economics in South Africa
South Africa's solar photovoltaic (PV) sector has emerged as a cornerstone of the nation's energy transition, driven by chronic electricity shortages, escalating tariffs, and a mushrooming demand for reliable, decentralised power. The "2025 South African Solar Industry Survey Report" by Jaltech, released today, in collaboration with industry stakeholders like EE Business Intelligence and insights from

WhatsApp to Introduce Usernames for Users and Businesses in 2026
After two years of testing, WhatsApp is preparing to let users and businesses hide their phone numbers and communicate through usernames a Switch that could meaningfully change how companies and customers interact on the platform. Rollout Plans and Early Guidance WhatsApp has begun notifying business accounts about the upcoming rollout, which is scheduled for 2026,

Yann LeCun's Departure from Meta: An AI Future Break-up?
Yann LeCun, the Turing Award-winning "godfather of deep learning" and Meta's Chief AI Scientist since 2013, is reportedly set to leave the company in the coming months to found his own startup. This move, first detailed in reports from The Wall Street Journal and Financial Times, marks a seismic shift for one of Big Tech's

Breaking News Today – Monday 17 November 2025
Business News Today Oil Prices Drop on Russian Port News Brent crude oil futures fell to $63.8 per barrel in morning trade today, trimming gains from the previous session. Prices dipped after news that Russia’s Novorossiysk port had resumed operations following a two-day shutdown caused by a Ukrainian drone strike. Reports indicated that two crude

Amazon Leo Takes on Starlink, Expands Satellite Internet to Africa
Amazon has renamed its satellite internet initiative from Project Kuiper to Amazon Leo, focusing on low-Earth orbit (LEO) satellites.. “Project Kuiper was a code name inspired by the Kuiper Belt, a ring of distant asteroids,” said CEO Rajeev Badyal. “‘Amazon Leo’ refers to the LEO satellite constellation that powers our network and delivers high-speed connectivity.”

Founder Friday: Township Entrepreneurship Agency (TEA)
For many South Africans, entrepreneurship begins with a single idea. For Bulelani Balabala township entrepreneurship developer, Group CEO of Intercessor Army Franchising, and founder of the Township Entrepreneurs Agency (TEA) the journey began with survival, community support, and a determination to change the story of township enterprise from the inside out. Raised by a single

Discovery Bank Adds Cryptocurrency Trading to Its App
Discovery Bank is enabling its clients to trade cryptocurrencies directly through its banking app. The new feature, launched on Thursday, comes after Discovery Bank signed a partnership agreement with crypto exchange operator Luno, which will support the bank’s cryptocurrency offering. Bank CEO Hylton Kallner described the move as a sign that cryptocurrencies are shifting from

No Free Lunch Podcast – Medium Budget Special Episode with Economist Ricardo Smith
This Special Budget Speech Episode of No Free Lunch features Ricardo Smith, where he discusses the South African medium-term budget speech and its implications for South Africa's economy: Host Greg Stewart introduces a summary of the medium-term budget speech delivered by the finance minister, Enoch Godongwana on 12 November, highlighting a projected 20 billion Rand

THE MINING WRAP
Gold Fields has reported reduced output at its Tarkwa mining operations after encountering lower feed grades and several operational disruptions. The company is reviewing pit sequencing, fleet performance, and processing stability to restore consistent throughput at one of Ghana’s most productive gold operations. Vedanta Restructures Zambia Portfolio and Commits $1.5bn Vedanta has formed CopperTech Metals

Small & Medium Enterprise Funding Boost for Women
New Funding Set to Boost Access to Funding For SME's via FNB The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $310 million financial package to FirstRand Bank, one of the largest financial institutions in Africa. This support will significantly increase access to finance for micro, small, and medium-sized business

Breaking News Today – Friday 14 November 2025
Business News Today Crude Oil Prices Spike Oil prices surged around 2% on Friday and is on track to break a two week losing streak. Th e price surge was driven on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.

AfCFTA Finally Gets an Engine for Lift -off
Africa Trade Engine (ATE), a pioneering joint venture between TRT Manufacturing and TradeDepot, had its official launch yesterday. A major advance in building Africa’s industrial and trade self-sufficiency, transforming talk into a practical approach to drive inter-African trade, as envisioned by the African Continental Free Trade Area agreement (AfCFTA). ATE is designed as a private-sector

Overview of Transnet: South Africa's Rail and Ports Powerhouse in Crisis Recovery Mode
Transnet SOC Ltd is South Africa's state-owned integrated freight and logistics company, established in 1990 under the Companies Act to manage the country's critical transport infrastructure. It operates as a monopoly in key areas, overseeing approximately 20,500 km of rail network, seven commercial ports (handling 96% of the nation's maritime trade), and a 3,500 km

Measuring the Productivity Cost of Poor Connectivity
Connectivity is more than just a convenience it’s the lifeblood of productivity unreliable internet access continues to undermine business performance, slow innovation, and widen the gap between digitally connected and disconnected communities. The cost of poor connectivity is not only measured in downtime and lost revenue but also in missed opportunities for competitiveness and growth.

Breaking News Today – Thursday 13 November 2025
Business News Today South African Rand hits 22-Month High The South African rand briefly strengthened to around 17.1 per USD, hitting its highest since January 2023, following the presentation of the country's mid-year budget review. Finance Minister Enoch Godongwana's statement revealed an improvement in fiscal outlook, despite projected slower growth this year and next. Stronger
