South African inflation surges to 5%

South African inflation surges to 5%

South Africa’s headline consumer inflation accelerated faster than expected to 5% year on year in June, from 4.5% in May, data from Stats SA showed on Wednesday. The June print marks the fourth consecutive month of accelerating inflation — the rate has climbed steadily from 3% in February, when it briefly touched the Reserve Bank’s…

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Lumepay launches institutional-grade cross-border payment solutions for African businesses

Lumepay launches institutional-grade cross-border payment solutions for African businesses

Cross-border payments underpin the flow of value across the global economy. (Image: Lumepay) Lumepay has officially brought its cross-border payment solutions to market, purpose-built for African SMEs, corporates and financial institutions doing business and transacting globally. It arrives with a clear goal: to deliver end-to-end cross-border payment solutions powered by stable infrastructure, dependable rails and…

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South African court pauses impeachment process against president | Corruption News

South African court pauses impeachment process against president | Corruption News

The ‘Farmgate’ scandal nearly cost President Cyril Ramaphosa the leadership of his African National Congress in 2022. Published On 24 Jul 202624 Jul 2026 South African President Cyril Ramaphosa has won a court challenge temporarily halting a parliamentary impeachment process over misconduct allegations linked to the “Farmgate” scandal. The Western Cape High Court granted Ramaphosa…

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How we made it in Africa II shortlisted for BCA African Business Book of the Year 2026

How we made it in Africa II shortlisted for BCA African Business Book of the Year 2026

How we made it in Africa II: Real stories of entrepreneurs turning opportunity into profit has been shortlisted for the Business Council for Africa (BCA) African Business Book of the Year Awards 2026. The book is available here. The annual competition celebrates the most compelling business writing examining and shaping Africa’s economic imagination – from…

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African Heads of Tax Administration Pay Courtesy Call On President Barrow

African Entrepreneurs Operate in Tough Conditions – the Skills They’ve Honed Could Be Useful to Others

When people talk about entrepreneurship in Africa, the conversation usually starts with everything that’s missing. Limited funding. Weak infrastructure. Poor internet connectivity. Unreliable electricity. Bureaucracy. Corruption. The implicit message is that African entrepreneurs succeed despite these disadvantages. These challenges are real. But they are only one part of the story. Follow us on WhatsApp |…

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African Heads of Tax Administration Pay Courtesy Call On President Barrow

African Designer Imane Ayissi Redefines Luxury On Paris Haute Couture Stage

Models stepped on to a Paris runway last week wearing sculptural gowns in African textiles by Imane Ayissi – the first and still the only designer from sub-Saharan Africa to take part in Paris’s haute couture shows. Ayissi’s Autumn/Winter 2026-2027 collection “fused sculptural elegance, artisanal mastery and cultural storytelling into a personal vision of contemporary…

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