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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
Standard Bank and SACCI Empower KZN SMEs for Global Trade
KwaZulu Natal (KZN) holds a natural advantage as a coastal trade hub, yet many of its small and medium enterprises (SMEs) remain disconnected from global markets. Complex export regulations, limited access to funding, and insufficient trade experience continue to block international expansion. A new partnership between Standard Bank Business and Commercial Banking and the South
Legal Challenges of AI & Automation in Retail Service, Inventory, and Operations
As artificial intelligence and automation technology become mainstream in the retail sector, they are redefining how businesses interact with customers, manage stock, and streamline operations. From chatbots and virtual assistants to predictive inventory algorithms and automated financial systems, AI offers significant advantages in speed, accuracy, and cost effectiveness. However, these innovations also introduce a host
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
Europe Eyes Rare Earth Recycling as Czech Scientists Challenge China
In a major breakthrough that could reshape the future of electric vehicle manufacturing and clean energy supply chains, researchers at the Institute of Organic Chemistry and Biochemistry of the Czech Academy of Sciences (IOCB Prague) have developed a revolutionary method for recycling rare earth elements one that bypasses toxic solvents, high temperatures, and complex chemical
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
CEC’s Solar Strategy Targets 800 MW for Zambia by 2027
Zambia’s Copperbelt Energy Corporation (CEC) is leading a large-scale solar energy rollout that will add more than 800 megawatts (MW) of clean power to the national grid by the end of 2027. This effort marks a pivotal shift in Zambia’s energy strategy as the country works to reduce its reliance on hydropower amid climate-driven water
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
Oliver Wyman’s ‘CEO Agenda 2025’ Highlights Strategic Priorities
Oliver Wyman, a global management consulting firm under Marsh McLennan, has released CEO Agenda 2025, a strategic report offering critical insights for navigating today’s volatile global business landscape. Drawing from a survey of 165 CEOs from publicly listed companies and supported by insights from 17 countries, the report presents a roadmap for leadership amid disruption.
Base Five Launches DUT Smart Robotics Lab to Boost SA’s 4IR Readiness
Base Five, a specialist innovation agency at the forefront of future technologies, has partnered with the merSETA , Moses Kotane Research Institute (MKRI) and Durban University of Technology (DUT)) to unveil the groundbreaking Smart Robotics Lab at DUT’s Ritson Campus. This pioneering facility is set to equip South Africa’s youth with practical skills in robotics,
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
Malawi’s Mining Minister to Speak at AMW Amid Rising Investor Interest
Malawi’s Minister of Mining, Ken Zikhale Reeves Ng’oma, will speak at African Mining Week (AMW) 2025, Africa’s leading forum for mining stakeholders. He will appear in the Ministerial Forum to present policies and incentives that support mineral exploration, production, and beneficiation in Malawi and across Africa. Malawi Becomes a Magnet for Strategic Minerals Investment Under
Platinum Prices Ease After Reaching Highest Level in Over a Decade
The platinum market has entered a period of ease following a powerful climb that saw prices surge to their highest levels in over a decade. After hitting numbers at approximately US $1,432.60/oz in June 2025, the precious metal has eased to around US $1,360/oz as of today, marking a moderate decline but still maintaining strong year-to-date gains.
South Africa’s Palladium may soon Cut Water Treatment Costs
South Africa, home to some of the world’s richest platinum group metal (PGM) deposits, is set to unlock new value from its palladium reserves. Recent global breakthroughs reveal palladium’s untapped potential in revolutionizing water treatment, especially in the production of sodium hypochlorite a critical disinfectant used in municipal and industrial water purification systems. Dmitry Izotov,
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
Microsoft Announces Major Job Cuts Across Multiple Divisions
Microsoft plans to lay off approximately 9,000 employees globally, marking its largest job reduction since 2023. These cuts affect nearly 4% of the company’s 228,000-strong workforce and reflect a broader push to restructure operations with a focus on artificial intelligence AI and automation. The company will reduce roles across several key divisions, including Xbox, global
Eskom’s Medupi Unit 4 Returns to Grid, Marking a Major Step in Power Stability
South Africa's energy landscape received a vital boost as state-owned utility Eskom announced it had successfully reintegrated Unit 4 at the Medupi Power Station into the national grid. This development not only restores critical generating capacity but also stresses Eskom’s progress toward achieving energy stability and reducing the frequency of load shedding. Late on Sunday
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