President Museveni has renewed his call for East African countries to pursue political integration, arguing that deeper unity is necessary for member states to share jobs and economic benefits created by major investments across the region. Museveni made the remarks on Wednesday during the groundbreaking ceremony for the multi-billion-dollar Dangote East Africa Petroleum Refinery and…
Employees work on the assembly line of an intelligent factory of SERES Automobile Co., Ltd in Chongqing, China on July 19, 2022. Vcg | Visual China Group | Getty Images China’s industrial profits growth in July slowed to its weakest pace this year, expanding 11.2% from a year earlier, according to National Bureau of Statistics…
Prosus, the European-listed subsidiary of Naspers, has reported an 84% surge in full-year adjusted core profit. This milestone marks the first time the company’s consumer digital platforms have achieved simultaneous profitability across all operating regions. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: EV adoption in South Africa! The company’s digital services and e-commerce portfolio…
A sign is posted on the exterior of a BlackRock office on Jan. 15, 2026 in San Francisco, California. Justin Sullivan | Getty Images Asset management giant BlackRock raised its outlook for U.S. stocks, reasoning that contained impacts from the Iran war and strong corporate earnings will create a favorable backdrop for domestic equities. The…
An oil tanker unloads crude oil at a terminal at the port in Qingdao, in China’s eastern Shandong province on March 11, 2026. – | Afp | Getty Images Chinese industrial firms saw their profits surge in the first two months of this year as officials pressed ahead with efforts to contain the fallout from…
Portugal’s global trading empire – from fortified ports to faith-fuelled profits – across Africa, Brazil, and Asia. The Portuguese Empire was built through ports, trade routes and slavery. Control of fortified ports allowed Portugal to dominate maritime commerce across Africa, Brazil and Asia, creating an empire based on movement rather than territory. Faith played a…
E.tv parent eMedia Holdings has reported a 20.9% year-on-year jump in interim headline earnings per share, even as a slump in television advertising sent its revenue sliding 3.2%. The results, for the six months to end-September 2025, showed surprising resilience in earnings despite one of the toughest television advertising environments South African broadcasters have faced…
Datatec Group CEO Jens Montanana JSE-listed IT multinational Datatec Group has more than doubled its interim dividend after reporting a 109.5% year-on-year jump in headline earnings per share in the six months to end-August 2025. The group, which owns Westcon and Logicalis, declared a dividend of R1.75/share, up 133.3% compared to the dividend of 75c…
Eric van der Merwe, Group CFO, 4Sight (left) and Tertius Zitzke, Group CEO, 4Sight. Reported results for the first six months of the 2026 financial year (FY26) ending 31 August 2025 paint a positive picture for 4Sight Holdings, showing a sustained rise in revenue, which increased by 6.8% to R578.7 million, up from R542.0 million…
Tertius Zitzke JSE-listed 4Sight Holdings has reported a sharp rise in profits for the first half of its 2026 financial year, powered by its AI solutions. For the six months to 31 August 2025, group revenue climbed 6.8% to R578.7-million from R542-million a year earlier, while operating profit surged 35.7% to R48.3-million. Gross profit rose…
