The war on Iran is exposing shortages in US weapons stockpiles, raising questions about years of defence spending. As a former Pentagon official points out, after less than five months of fighting the US is already running out of ammunition against a ‘middle-tier country’. Published On 11 Aug 202611 Aug 2026 Click here to share…
Britain’s BP on Tuesday reported a sharp upswing in second-quarter profit, as energy supermajors reap massive profits from higher fossil fuel prices amid hostilities between the U.S. and Iran. The oil giant posted underlying replacement cost profit, used as a proxy for net profit, of $5.7 billion for the April to June period. That comfortably…
MTN Ghana said the proceedings do not affect its operations, services or Mobile Money business. MTN Group and fintech firm Clydestone Ghana are locked in a legal dispute over the alleged unauthorised use of intellectual property linked to the West African country’s mobile money sector. Clydestone this week filed a writ of summons and statement…
Eight months after crossing the finish line, Soweto Marathon winners may finally receive some of their long-overdue prize money. Athletes still waiting for prize money from the 2025 Soweto Marathon may finally receive what they are owed. Well, at least part of it. On 17 July, Central Gauteng Athletics (CGA) issued a statement outlining efforts…
Domitexka’s mill in Kaolack has the markets, the know-how and the partnerships to compete globally. What it still needs — like nearly every manufacturer on the continent — is patient capital. The thread comes off the spool white, clean and taut. Inside the Domitexka workshop in Kaolack, the machines are running: raw Senegalese cotton goes…
Buried in the partner list of a new consortium building a dollar currency for the machine economy – backed by Visa, Mastercard, Stripe and BlackRock – are three familiar names: FNB, Absa and Nedbank. South Africa’s banks have quietly joined the most ambitious attempt yet to solve a problem the internet has ignored for 30…
Alexis Caude is the managing partner of Africa-focused investment firm Adenia Partners. In a recent interview with How we made it in Africa, he revealed how he invests his personal money. Caude takes a somewhat conservative approach to his personal investments. He invests in the hospitality sector in Europe and the US, an industry he knows well. He…
Worldwide, women carry the greatest burden of malnutrition. More than two-thirds of women of childbearing age don’t get enough of at least one micronutrient. These are the vitamins and minerals, such as iron, that the body needs in small amounts to stay healthy. A shortage is often called “hidden hunger” because a woman can eat…
Regulations must enable businesses to use stablecoins for cross-border payments. (Graphic made via GenAI) Proposed foreign exchange regulations risk locking South African businesses out of a fast-growing global payments system built on stablecoins. There is also an outdated understanding of how digital money actually moves, say two of the country’s leading crypto executives. In April,…
Transactional sex, defined as the exchange of sex for money, food, or favours, is common among young people in Africa. Studies have reported that about 10% of those aged 15-24 have engaged in this exchange in South Africa, 23% in Nigeria and 25% in Uganda. The behaviour has been linked to negative consequences such as…
