Iran said Saturday that it has reimposed the closure of the Strait of Hormuz less than a day after reopening it to shipping traffic, but President Donald Trump warned that Tehran could not blackmail the U.S. by shutting the waterway. The strait is closed until the U.S. blockade is lifted, Iran’s Revolutionary Guard navy said, warning that “no vessel should make…
Bulawayo, Zimbabwe — Africa’s eye on minerals as the be-all-and-cure-all for the continent’s development agenda is being tested by geopolitical gamesmanship as global superpowers jostle to carve new spheres of influence. Amid the turmoil unleashed by the United States President Donald Trump administration’s trade tariffs, African minerals have faced price volatility, which analysts say points…
South Africa entered 2026 with renewed confidence in the commodity cycle. Stronger platinum and gold prices, together with rising global demand for future-facing metals such as copper, have lifted sentiment across the sector and reinforced the country’s long-standing connection to mining and resource development. For many businesses further down the value chain, however, the mood…
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…
Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the US Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset by market capitalisation climbed as much as 0.9% to US$124 002.49 in early Asia trading, surpassing its previous peak hit in July. On the day,…
