White House staff told not to place bets on prediction markets
The gambling platforms have grown in popularity, with some users making wagers on conflicts.
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Blu Label bets big on energy as it pivots beyond prepaid distribution
Blu Label Unlimited Group co-CEO Mark Levy Blu Label Unlimited Group is building what it describes as an “integrated energy ecosystem” that spans smart meter roll-outs, municipal revenue recovery and small-scale power generation — a strategy it believes no other South African company can replicate. Speaking to journalists after the release of its interim results…
Makro bets on refurbished tech as consumers hunt value
Makro has launched a refurbished technology offering, branded Makro Restored, as retailers respond to rising consumer demand for cheaper alternatives to new devices. The range includes refurbished and pre-owned smartphones, tablets, laptops, desktops, smartwatches, audio products and gaming consoles from major technology brands. Devices are sourced from third-party resellers approved by Makro and are sold…
Taxi industry bets on digital payments to modernise operations
The introduction of digital payments for the estimated 10 million South Africans who use minibus taxis daily is central to industry body Santaco’s efforts to propel the industry into the digital era. Santaco spokeswoman Rebecca Phala told TechCentral in an interview on Wednesday that the industry’s evolution is being stymied by manual processes and a…
India’s budget bets on infrastructure, manufacturing amid global trade war | Business and Economy News
Modi’s government presents annual budget, focusing on sustaining growth despite volatile financial markets and trade uncertainty. Published On 1 Feb 20261 Feb 2026 Click here to share on social media share2 Share Indian Prime Minister Narendra Modi’s government has unveiled its annual budget, aiming for steady growth in an uncertain global economy rocked by recent…
Africa: South Africa Inflation Slows in November, Boosting Rate-Cut Bets
South Africa’s annual inflation slowed more than expected in November, strengthening the case for an interest-rate cut early next year as the central bank shifts toward a lower inflation target. Consumer prices rose 3.5% from a year earlier, down from 3.6% in October, Statistics South Africa said on Wednesday. On a monthly basis, prices fell…
BlackRock bets on ‘pick and shovel’ trade as AI spending frenzy still has legs
Ben Powell, chief strategist for Middle East and Asia Pacific at BlackRock Investment Institute, at the Abu Dhabi Finance Week (ADFW) conference. Bloomberg | Getty Images The wave of capital pouring into artificial intelligence infrastructure is far from peaking, said Ben Powell, chief investment strategist for APAC at BlackRock, arguing the sector’s “picks and shovels”…
FlySafair bets on AI to keep fares low and customers sweet
Image: FlySafair FlySafair is turning to artificial intelligence to bolster its low-cost business model – and to deliver a more personalised customer experience usually associated with full-service airlines. Kirby Gordon, chief marketing officer and vice-president of sales and distribution at FlySafair, told journalists on Wednesday that technology is “absolutely key” to helping the airline keep…
East Africa: Somalia Bets On Swahili to Lock Itself Into East Africa’s Future
Somalia has announced plans to accelerate the introduction of Swahili into the country’s curriculum for schools and universities as part of its push for integration within the regional bloc East African Community (EAC). Swahili is East Africa’s lingua franca and one of Africa’s most spoken languages. The authorities said the language will be promoted to…
Seacom bets on AI-ready cable amid profit pressure
Alpheus Mangale, group CEO of Seacom. Pan-African submarine internet cable operator Seacom has launched a new subsea cable system across the Indian Ocean Basin, Middle East, Mediterranean and Southern Europe. Unveiled at Submarine Networks World 2025, in Singapore, Seacom says the project marks a leap toward securing Africa’s role in the global digital economy, while…