South Africa could put a satellite into orbit on a locally built rocket by 2030 – if someone finds R3-billion and the team building it grows sixfold. That is the ambition of the University of KwaZulu-Natal’s Aerospace Systems Research Institute (ASRI), which is developing the liquid-fuelled Saffire engine and the two-stage commercial launch vehicle (CLV)…
MTN Group will book a material impairment against its 49% stake in Irancell in its results for the six months to June, the company said in a trading statement ahead of interim numbers due on 24 August. The writedown pushes statutory earnings sharply lower even as the group’s underlying operating performance improved. Impairment losses of…
In a RootsToFoods Capital Series interview, Frannie Léautier argues that Africa ’ s financing constraint is not simply a shortage of money, but a shortage of investable pipelines, risk-sharing instruments and market infrastructure. Speaking on the RootsToFoods Capital Series podcast, Frannie Léautier pointed to Africa Finance Corporation ’ s 2025 estimate that the continent held…
Hair found in Nancy Guthrie’s home in Arizona is not linked to any potential suspects in her disappearance, federal law enforcement officials said Thursday. In a brief statement, the FBI’s Phoenix office said that “all hair had been resolved and it does not point to a suspect” in the investigation. The FBI declined to comment…
Companies working on South Africa’s digital communications infrastructure will earn the maximum sector score under the second phase of the department of home affairs’ Trusted Employer Scheme (TES), which opened for expressions of interest on Monday. The scheme, which pre-vets employers so that their work visa applications face reduced documentary requirements and priority processing, was…
The successful bidder will develop and implement a multi-factor authentication system for the Department of Home Affairs. (Image source: 123RF) It’s not just road traffic that has slowed down due to school holidays, it’s also activity on National Treasury’s eTenders Portal as public sector attention favoured fast-turnaround requests for quotation. This means that after weeks…
Cape Verde’s football team have been welcomed home by tens of thousands of elated supporters following a historic run at the World Cup. The Blue Sharks flew into the capital city, Praia, on Sunday, having been knocked out of the tournament after a thrilling match against reigning champions Argentina. Jubilant fans transformed the airport’s grounds…
Luigi D’Amico, Chief Operating Officer, e4. South Africa’s property market is experiencing a renaissance. Interest rate cuts, competitive offerings from new entrants and pent-up demand from middle and emerging classes have created a surge in bond applications. However, beneath this momentum is a troubling reality: the very process meant to facilitate homeownership is actively undermining…
The department of home affairs has launched an upgraded online booking system on the MyHomeAffairsOnline platform, introducing enhanced security measures to prevent the abuse of booking slots and improve access to services. Users are now required to create a MyHomeAffairsOnline profile linked to their South African ID number and e-mail address before making a booking,…
There are moments when life in Moscow feels completely normal – Thursday morning wasn’t one of them, writes Steve Rosenberg.
