South African inflation rose by less than expected in May, which analysts said reduced the likelihood of another interest rate hike next month. Headline consumer inflation quickened to 4.5% year on year from 4% in April. That was the highest reading since July 2024. However, economists polled by Reuters had expected 4.7%. The rise was…
SHENZHEN, CHINA – MAY 3: The national flag of China flies on a flagpole near a construction site with tower cranes and a high-rise building under development on May 3, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images China’s retail sales fell for the first time in more…
Ukraine has increasingly targeted Russian refineries, depots and pipelines, as well as fuel supplies in Crimea. By AFP, Reuters and The Associated Press Published On 12 Jun 202612 Jun 2026 President Vladimir Putin has acknowledged that the recent surge in Ukrainian attacks is inflicting damage on the Russian economy and society. Putin’s remarks on Friday…
Consumer inflation in the United States increased at the fastest pace in three years as surging oil prices amid tensions with Iran weigh on global energy markets before the US Federal Reserve’s policy meeting next week. Inflation rose by 0.5 percent in May compared with the prior month, following a 0.6 percent jump in April,…
Software developed at the BMW IT Hub South Africa goes live in more than 40 countries. BMW Group’s City of Tshwane-based technology solutions unit, the BMW IT Hub South Africa, will contribute more than R4 billion to South Africa’s economy in 2026. So said Jan Lotter, GM for customer brand sales at BMW IT Hub…
Monaco — AFRICA must accelerate investment in its blue economy and place coastal communities at the heart of ocean conservation if it is to unlock billions of dollars in economic opportunities and millions of jobs, conservation leaders have said. Speaking at the Monaco Blue Initiative and the Blue Economy and Finance Forum in Monte Carlo,…
Nairobi — A Kenyan technology company is seeking to transform how African content creators earn money online with the launch of UrbanTok, a new social media platform designed to put monetization at the center of the creator experience. The platform was officially unveiled during the Connected Africa Summit 2026 in Nairobi, attracting attention from policymakers…
Discussions with industry showed e-waste dumping remains the default, says the CSIR. (Image source: 123RF) The Council for Scientific and Industrial Research (CSIR) has warned that African countries, including South Africa, are losing potential economic value by exporting electronic waste (e-waste) to overseas markets, instead of processing and recycling it locally. According to the think-tank,…
Taipei, Taiwan – For Li, an engineer at Taiwanese computer giant ASUS, the AI boom sweeping Taiwan has made it an exciting time to work in tech. Taiwan is a semiconductor powerhouse, producing about 90 percent of the most advanced chips used to power leading AI models such as ChatGPT and Claude. Recommended Stories list…
Sunitha Chalam, a partner at the Singapore office of global strategic communications and advisory firm Brunswick Group. We still talk about cyber incidents as if they’re black swan events – unexpected, rare and shocking. “But the truth is that cyber incidents have gone from being something that only happens occasionally to something that happens regularly.”…
