Despite reports of negotiations between the US and the Iranian regime, the Strait of Hormuz remains effectively closed to most oil tankers, with only a small number of vessels being allowed to pass. The result is a loss of roughly 11 million barrels per day (mbd) of oil and petroleum liquids to the global market….
As regulators prepare to rule on the future of a global aviation climate program, a growing number of experts and project developers are warning that the outcome could determine whether the system succeeds collapses. The decision, expected from the Council of the International Civil Aviation Organization, will shape the supply of carbon credits available under…
The author, ACT CEO Nomvuyiso Batyi For millions of South Africans, a mobile phone is far more than just a device – it is their social life, work and connection to the world. Mobile networks support financial transactions, online shopping, education, healthcare and access to essential services. As South Africa becomes more digitally connected, protecting…
An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel. Nurphoto | Nurphoto | Getty Images With oil prices at levels not seen in years and global business supply chains across sectors of the economy shut down by the de facto closure of the Strait of Hormuz, faith…
South Africa stands at a critical juncture: our economy must diversify beyond traditional sectors if we are to remain competitive in a rapidly digitising world. The global race toward digital transformation is accelerating, and we cannot afford to watch from the sidelines while others adapt faster than we do. Becoming a significant African digital economy…
Government has welcomed the latest data released by Statistics South Africa showing that South Africa’s economy grew by 1.1% in 2025, with Gross Domestic Product (GDP) expanding by 0.4% in the fourth quarter. Fourth quarter performance, covering the period from October to December, marks the fifth consecutive quarter of economic growth, signalling continued resilience in…
The programme positions creators as entrepreneurs and technologists influencing product design, digital culture and platform evolution. (Image source: 123RF) South Africa’s growing creator economy will take centre stage at the SA Innovation Week 2026, where a new collaboration between the SA Innovation Summit and Creator Hub will explore how digital creators are driving innovation and…
In this episode of ITWeb TV, Johan Gellatly, MD of Altron FinTech, discusses the company’s several initiatives to boost financial inclusion in South African townships, as well as the challenges the kasi economy is facing in regards to digital payments adoption. #Altron #Fintech #FinancialInclusion Altron FinTech is stepping up efforts to digitise payments within South…
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BEIJING — China announced its lowest growth target in 35 years Thursday as the world’s second-biggest economy struggles with challenges at home and growing uncertainty around the world. This year, China will aim for gross domestic product growth of 4.5% to 5% “while striving for better in practice,” Premier Li Qiang, China’s No. 2 official,…
