World Bank: Commodity prices to hit six-year low in 2026 as oil glut expands

World Bank: Commodity prices to hit six-year low in 2026 as oil glut expands

Commodity markets are helping to stabilise the global economy. PHOTO/Pexels/Kamaji Ogino. By BUSINESS CORRESPONDENT [email protected] Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World Bank Group’s latest Commodity Markets Outlook. Prices are forecast to drop by seven…

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Financial regulator expands crypto investment choices

Financial regulator expands crypto investment choices

Bitcoin is attracting investor interest, even as it comes off a record high. VALR, a Johannesburg-based crypto-currency exchange, has been approved for two additional financial licences, in what is seen as a positive development in South Africa’s regulatory framework for digital assets. The approvals enable VALR to offer a mix of investments that extends beyond…

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Disney+ expands in South Africa with live sports

Disney+ expands in South Africa with live sports

Disney+ added ESPN and ESPN2 to its South African streaming line-up on Thursday, giving subscribers access to international sporting leagues at no extra cost. The new channels bring live and studio sports programming from the US and the around the world, alongside ESPN’s documentaries and sports news. Kyle de Klerk, sports director at The Walt…

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Africa: W/Bank Projects Commodity Prices to Hit 6-Year Low As Oil Glut Expands

Africa: 17 Countries Commit to Concrete Plans to Scale Up Electricity Access As Mission 300 Expands

NEW YORK, September 24, 2025–Seventeen African governments today committed to reforms and actionable plans to expand electricity access as part of Mission 300–an ambitious partnership led by the World Bank Group and African Development Bank Group that aims to connect 300 million Africans to electricity by 2030. At the Bloomberg Philanthropies Global Forum, national Energy…

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Digify expands Kitso Bot reach

Digify expands Kitso Bot reach

Digify Africa’s learning pathway on its Kitso Bot aims to provide digital skills to ECD centres. Digify Africa has unveiled a new learning pathway on its Kitso Bot – a WhatsApp learning bot – aimed at equipping early childhood development (ECD) centre owners and practitioners with digital and business management skills. The Kitso Bot was…

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Quectel Expands LTE Portfolio with Direct-to-Cell (D2C) Capabilities Enabling 100 Percent Global Reach for IoT Developers

Quectel Expands LTE Portfolio with Direct-to-Cell (D2C) Capabilities Enabling 100 Percent Global Reach for IoT Developers

Quectel expands LTE portfolio with Direct-to-Cell (D2C) capabilities enabling 100 percent global reach for IoT developers Quectel Wireless Solutions, a global end-to-end IoT solutions provider, today announced that several of its LTE modules are now available with Direct-to-Cell (D2C) functionality, enabling devices to seamlessly connect to satellite networks. This press release features multimedia. View the…

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Paratus Group expands operations into East Africa

Paratus Group expands operations into East Africa

Pan-African telecommunications and network services provider Paratus Group has completed its expansion programme into East Africa. This expansion forms part of the group’s ongoing efforts to connect communities and businesses across sub-equatorial Africa with reliable digital infrastructure. Across East Africa, Paratus is providing reliable digital services to meet the needs of businesses and communities. Paratus…

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