Africa’s sovereign credit outlook is improving as economic growth stabilizes and fiscal reforms take hold across several countries, according to recent sovereign rating assessments. S&P Global Ratings shows African sovereign ratings at their highest level since 2020. The improvement comes as some governments reduce fiscal deficits and strengthen foreign reserves. The outlook improves after several…
In biology and palaeontology (the study of extinct organisms) there are a few ways to estimate the age of an animal’s skeleton. One is the extent of fusion of sutures in the skeleton – how much the plates of bone have joined together as the animal matured. Another is the texture of the bone surfaces….
MultiChoice Group parent, London-listed Canal+, has highlighted the cost of entering the DStv ecosystem as a big factor slowing subscriber growth of its main satellite offering. In an investor presentation following the release of Groupe Canal+’s results for the year ended 31 December 2025 on Wednesday, Canal+ Africa CEO David Mignot said the cost of…
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…
Small businesses don’t fail because they don’t work hard. They fail, plateau, or stay “small” because they run out of repeatable growth. One of the most underestimated blockers to scale is customer experience for small businesses, yet it is also one of the least measured drivers of growth. Often in the SME world, CX is…
Broadcom‘s stock surged nearly 5% on Thursday as CEO Hock Tan touted strong demand for the company’s chips amid the artificial intelligence boom. He told analysts on Wednesday that he anticipates AI chip revenue in 2027 that’s “significantly in excess of $100 billion” as demand mounts for designing custom silicon. That far surpassed many bullish…
Nairobi — A new World Bank Group report finds that cost-effective and smart development investments, particularly in climate-smart agriculture, resilient cities, disaster risk management, and stronger institutions, could cut projected economic losses for Somalia by half and deliver more stable, productive jobs for its people. Launched today by the Government of Somalia and the World…
At the beginning of each year, leaders from across MTN’s markets gather to align on our shared ambition: driving digital solutions for Africa’s progress. This year, our discussions focused on how we can accelerate digital adoption in ways that deliver meaningful economic impact across the continent. The conclusion was clear. Real progress will require deliberate…
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,…
Anita Erasmus has been appointed as Bob CEO-designate. (Image: Supplied) Online shopping platform Bob has appointed Anita Erasmus as chief executive officer (CEO)-designate, effective 1 March. In a statement, the digital commerce company says Erasmus will serve in this capacity for a six-month transition period, working closely with co-founder and MD Andy Higgins. This, it…
