Renew Capital selected 15 African technology startups from more than 500 applicants across 48 countries to advance to the next stage of its inaugural Renew Venture Lab: EmFi Series. The startups were chosen after applicants took part in founder-led training sessions and a pitch competition. Forty-seven companies reached the final pitching stage and received a…
South African companies are operating under sustained financial pressure in 2026. The Small Business Growth Index found that only 38% of South African small and medium enterprises (SMEs) surveyed in 2025 could survive more than a year under current cost pressures without external support. Now imagine these SMEs are hit by unexplained connectivity downtime. Both…
SpaceX, which is getting set to publicly disclose its IPO prospectus, has picked Goldman Sachs to lead what’s likely to be a record offering, according to people familiar with the matter. Goldman will have the lead left position on the prospectus, followed by Morgan Stanley, and then Bank of America, Citigroup and JPMorgan Chase, said…
Talking Shop is our series where we talk to interesting people about their most interesting buys. In late 2025, former Peloton instructor Kendall Toole announced the launch of her new fitness app, NKO Club. Leaning into her love of mental and physical fitness, Toole has built an entire ecosystem where people can stream live workout…
Assad Arabi, regional MD for Africa at TrendAI. Newly rebranded TrendAI will use South Africa as a launchpad for wider African growth, doubling local investment this year while expanding in-country data centre capacity and repositioning its business around AI security. Speaking at the company’s launch event in Cape Town last week, Assad Arabi, regional MD…
Apple is joining forces with Google to power its artificial intelligence features, including a major Siri upgrade later this year, the tech giants said on Monday. The multi-year partnership will lean on Google’s Gemini models and cloud technology for future Apple foundational models, according to a statement obtained by CNBC’s Jim Cramer. “After careful evaluation,…
Sun International CEO Ulrik Bengtsson says government doesn’t understand gambling. (Photograph supplied) South Africa’s online gambling industry has come out swinging at National Treasury’s proposal to tax the sector even further, arguing its move is not only unconstitutional but would also push punters and companies deeper into the internet. In a bid to clamp down…
Former Foreign Affairs Minister and Special Envoy of the United Nations Secretary-General on Darfur, Professor Ibrahim Gambari, has been appointed to the African Union’s (AU) High-Level Panel. Responding to the appointment, Gambari, who also served as Chief of Staff to the late President Muhammadu Buhari, expressed confidence that the AU was taking steps toward finding…
The government of Ghana has thrown its support behind the Trans-Africa Tourism and Unity Campaign, an initiative to promote a borderless Africa and visa-free movement across the continent. The campaign, which began in Accra yesterday aims to raise awareness about African unity and the economic opportunities that can come from greater regional integration. At the…
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price index, a broad-based measure of goods and services costs, increased 0.3% on the month, putting the 12-month inflation rate at 2.7%, the Bureau of Labor Statistics reported Tuesday. The numbers were right…
