New Delhi, India – An unprecedented power struggle has erupted at the top of one of India’s largest conglomerates, pitting the board of its holding company Tata Sons against its majority shareholder Tata Trusts. Last week, Tata Sons extended Chairman N Chandrasekaran’s term and said it would consider publicly listing the holding company, flying in…
Outgoing Nedbank COO Mfundo Nkuhlu South Africa will not shake its dependence on cash until it fixes identity, outgoing Nedbank chief operating officer Mfundo Nkuhlu said on Tuesday, arguing that a working national digital ID is the precondition for pulling the country’s unbanked into the formal payments system. “The key requirement will be the advent…
Addis Ababa — The Chairperson of the African Union Commission, Mahmoud Ali Youssouf, and United Nations Secretary-General António Guterres have co-chaired a high-level AU-UN meeting on the margins of the 81st United Nations General Assembly to deepen strategic cooperation, strengthen peace and security frameworks, and advance global financial reforms in support of Africa. According to…
One Linkage stopped by the ITWeb studio as part of the AWS Equity Equivalent Investment Program – a business acceleration initiative designed to support the growth of black-owned technology businesses within the AWS Partner Network. #aws #awseeip #onelinkage South Africa’s small and medium enterprises (SMEs) collectively form one of the country’s biggest economic foundations. Enterprises…
The current price of diesel fuel is shown in Encinitas, California, U.S., Sept. 16, 2026. Mike Blake | Reuters Ever since the outbreak of war with Iran earlier this year, motorists have been warily eyeing prices at the pump. While unleaded gas prices have largely avoided historic highs, the same can’t be said for diesel…
DEVELOPING STORYDEVELOPING STORY, The 25 basis-point hike is the first raise in three years and comes ahead of critical midterm elections in the United States. The United States Federal Reserve has said it will raise interest rates by a quarter of a percentage point as inflation, driven by soaring fuel prices amid the US-Iran war,…
SA investment firm DNI has invested more than R2.1 billion across the country’s digital economy. (Image: istockphoto.com) DNI, a privately owned South African investment company, has announced investments exceeding R2.1 billion across connectivity, digital services and fintech. The investment spans Frogfoot, Vox and Hypa, Mission Mobile and KnowRoaming, adding complementary capabilities in fibre infrastructure, device…
RSAWEB Business helps SMEs stay connected, productive and protected. Small and medium-sized businesses (SMEs) are the backbone of the South African economy. They create jobs, serve communities and keep industries moving, often with remarkably small teams. For a business owner, the priorities are straightforward. They want to win customers, make sales, all while delivering a…
Four years ago, I stood at the foothills of Rwanda’s Volcanoes National Park and gave a mountain gorilla her name. She was born on 13 September 2021, to Igitangaza, of the Mutobo family. I called her Indatezuka — the resilient one. I want to be precise about what that means. In much of Africa, naming…
C. K. E. Those aren’t initials or Greek life letters. They’re some of the terms that economists, corporate leaders and politicians are using as they attempt to define the U.S. current economic moment. Ever since the recovery from the pandemic, a consensus among economists has viewed the economy as acting in a “K”-shape, displaying an…
