The 2026 African Union Summit is being held this weekend in Addis Ababa, with Angola handing the rotating chair to Burundi. The bloc is facing challenges including mounting conflicts, insecurity in the Sahel, strained ties with Washington and internal strife, while this year’s summit theme of water highlights the damage done by devastating floods across…
Wall Street’s sentiment toward Microsoft is shifting as analysts express growing concern over the disruptive potential of artificial intelligence. In less than a week, the tech giant has been downgraded twice, with Melius Research moving the stock from Hold from Buy on Monday. Read: Pony AI and Toyota launch mass production of driverless bZ4X robotaxis…
Cell C has reported a R3.4-billion profit in its maiden results as a JSE-listed company, but the eye-catching number owes almost everything to a once-off balance sheet restructuring rather than underlying trading performance. The mobile operator, which listed on 27 November 2025 after a comprehensive debt-for-equity conversion, reported revenue of R5.7-billion for the six months…
Deputy communications minister Mondli Gungubele Deputy communications minister Mondli Gungubele has publicly distanced himself from minister Solly Malatsi’s decision to strip the South African Post Office of its exclusive right to deliver parcels weighing less than 1kg – a move that business rescue practitioners warn has undermined the entity’s turnaround strategy. Speaking during a portfolio…
Bitcoin made a 16-month low and tested key US$60 000 support on Friday as a global selloff in technology stocks deepened and washed out risky bets across asset classes. The world’s largest cryptocurrency was last up 1.64% at $64 153.24 in volatile trade, swinging between gains and losses after having hit a low of $60 008.52 earlier in…
Mr Suzman says the setback shouldn’t be permanent and lays out a roadmap to reclaim momentum and accelerate progress through 2045, even amid significant financial constraints globally. Today, Gates Foundation CEO Mark Suzman released his 2026 Annual Letter, The Road to 2045, warning that the recent reversal in global health progress raises urgent moral choices…
Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images The Environmental Protection Agency closed a loophole this week that Elon Musk’s xAI had exploited to rapidly stand up its first data center in Memphis, Tennessee. Musk’s artificial intelligence startup created a kind of off-grid power plant for its Colossus facility by…
A former IT operator is accused of exploiting bank systems, causing Standard Bank losses exceeding R1.9 million. A former IT operator at Standard Bank has been released on bail after appearing in court on fraud and theft charges linked to alleged internal system abuse. According to the South African Police Service (SAPS), Vivian Brink, 60,…
Sammy Awami,BBC Africa, Kampalaand Wycliffe Muia AFP via Getty Images More than 21 million Ugandans have registered to vote Logistical problems have delayed voting in Uganda’s presidential and parliamentary elections in many parts of the country amid an internet shutdown. The BBC observed growing frustration among voters queuing at some polling stations in the capital,…
Africa’s copper market is entering 2026 pulled between strong demand expectations and tight supply conditions, as production of both refined copper and concentrates struggles to keep pace with global needs linked to the energy transition. Copper prices surged above $12,000 per ton in December on supply disruptions and tariff speculation in the United States. Prices…
