Apple is increasing the monthly cost of its Apple Music streaming service for South African subscribers. Local customers received email notifications regarding the adjusted pricing structure, which is set to take effect on 27 August 2026. Read: Cape Town approves the Equinix 170MW data centre The price adjustments across tiers are as follows: Individual Plan:…
Humanoid, a UK-based AI and robotics company building industrial humanoid robots, announced a $152 million Series A financing at a $1.35 billion post-money valuation. This funding brings the total amount raised to date to $270 million. The round was led by Prime Movers Lab, a venture capital firm focused on investments in breakthrough scientific startups…
Dangote Petroleum Refinery has raised about $2.5 billion through a private equity placement that was oversubscribed by 3.7 times, with the proceeds to fund expansion and strengthen its capital structure. Dangote Petroleum Refinery and Petrochemicals has raised approximately $2.5 billion in fresh equity after successfully concluding a private placement that was 3.7 times oversubscribed, the…
Vigilante videos, AI-generated content and Mandela-linked framing are fuelling millions of mentions and xenophobic sentiment. With weekly anti-immigration protests planned by the March and March movement until South Africa’s 4 November local elections, supporters are broadening their tactics to sustain online engagement, including by using the Mandela name to legitimise their campaigns. Vigilante-style content in…
BrainsMingle raised $400,000 in seed funding from BasharSoft Group to expand its AI-powered professional networking platform and grow its reach beyond the US and Middle East. Founded in 2024 by Belal Amin and Yousef Gamal, BrainsMingle offers a video-first platform where experts can host live sessions, manage bookings and payments, build communities and connect with…
AstraZeneca‘s failed late-stage trial for Wainua was never expected to have a major financial impact on the company. Most analysts estimate the trial miss wiped just 2-4% from their valuation models. Yet the shares lost roughly twice that in a single session, suggesting the market reaction reflected more than just the loss of one drug,…
Demand for SK Hynix’s offering was reportedly over seven times more than the number of shares available, highlighting the strong investor appetite for a key company in the AI supply chain. Each American depositary share is equivalent to a tenth of a Seoul-traded common share, SK Hynix said. The offering gives US investors a way…
TOPSHOT – People take photographs with Mount Fuji at Lake Yamanakako in snow in Yamanakako, Yamanashi prefecture on December 5, 2025. (Photo by Yuichi YAMAZAKI / AFP via Getty Images) Yuichi Yamazaki | Afp | Getty Images Travelers who require a visa to enter Japan will pay up to five times more from July 1,…
Stabyl raised $2.7 million in pre-seed funding to build a foreign-exchange liquidity platform for financial institutions and payment service providers in Africa. The round was led by Konga, which will also serve as Stabyl’s first real-world test case and naira settlement partner through KongaPay. The startup was founded by Prince Nnamdi Ekeh, Zachary Schwartzman and…
Temperatures in Germany could hit 40C in some areas while French officials say deaths linked to the heat are being seen among young people.
