Social media is transforming the financial scam landscape in South Africa. (Image created via ChatGPT) South Africans are increasingly falling victim to investment scams promoted through social media and online platforms, prompting the Financial Sector Conduct Authority (FSCA) to intensify enforcement against digitally-enabled financial misconduct. The warning comes following the release of the FSCA’s latest…
Dangote Petroleum Refinery has filed an initial public offering application with Nigeria’s Securities and Exchange Commission, moving the company closer to a listing on the Nigerian Exchange. SEC Director-General Emomotimi Agama said the refinery’s advisers are working with the regulator and that the company is targeting September 2026. No offer or listing date has been…
A 37-year-old Spokane, Washington, resident with a previous manslaughter conviction was arrested Monday in connection with the largest of the region’s three wildfires, which have displaced thousands of people and destroyed hundreds of structures, authorities said. Aaron Farinacci, 37, was taken into custody without incident with the help of a SWAT team after a judge…
The businesses pulling ahead today have redesigned processes so information moves automatically. (Image source: iStock) For years, business growth followed a familiar formula. More customers meant hiring more people. More work meant expanding the team. More administration meant adding another pair of hands to keep things moving. That approach worked when growth was driven by…
Microsoft added nearly US$450-billion in market value on Thursday, the largest one-day gain on record for any company, after it forecast stronger-than-expected cloud growth and signalled continued cash generation through its new fiscal year. The software giant’s shares closed up more than 15%, lifting its market capitalisation to $3.35-trillion, surpassing chip giant Nvidia’s previous record…
Africa is not short of remarkable stories. It is short of Africans telling them. That belief is driving entrepreneur Julius Kyazze beyond music, entertainment and business into what he sees as one of the continent’s next great creative frontiers: African storytelling. The Swangz Avenue co-founder says Africa has spent decades consuming stories produced elsewhere while…
Some of the most extraordinary gems ever found belong to a rare class of diamonds known as CLIPPIRs (Cullinan-like, Large, Inclusion-Poor, Pure, Irregular, Resorbed). They make up less than 1% of all diamonds on Earth, and include three of the largest diamonds ever recovered, the Cullinan, at 3,106 carats, found at the Premier mine in…
With just over a week to go before the kick-off of the TotalEnergies CAF Women’s Africa Cup of Nations (WAFCON), Morocco 2026, the Confédération Africaine de Football (“CAF”) will host the second edition of its exclusive ‘Stars Spotlight’ Webinar Series, bringing together some of the continent’s biggest names in Women’s Football. The English-language webinar will…
Alan de Waal-Smit, head of sales at ITR Technology. The biggest gap in cyber security is not visibility but execution, according to ITR Technology, which attended the recent ITWeb CISO Retreat. The company, an IT services provider and exclusive distributor of ManageEngine Solutions in SA, says cyber resilience requires a plan that prioritises risks, acknowledges…
David Meister, Global Head, MSP & MSSPs, Check Point Software Technologies. Every year on 27 June, the world marks the United Nations International Day for Micro, Small and Medium-sized Enterprises (MSME Day). This year’s theme – “The Future Generation of MSMEs: An AI-Driven Future” – could not be more timely, because what I’m seeing on…
