The B-BBEE ICT Sector Council has launched a formal review of the 2016 ICT sector code and published an updated framework governing equity equivalent investment programmes (EEIPs) – the very mechanism at the heart of the political storm over Elon Musk’s Starlink and its attempts to enter the South African market. In a statement on…
The B-BBEE ICT Sector Council has updated the framework for EEIP deals, in efforts boost SA’s transformation. To qualify for participation in South Africa’s equity equivalent investment programme (EEIP), a multinational must demonstrate it has a global practice of not divesting shareholding at a local level in any of its international operations. This eligibility must…
African Export Import Bank (Afreximbank), has called for urgent and coordinated multi stakeholder action to transform Africa’s cotton sector from a raw commodity export base into a competitive textile and garment industry. President and Chairman of the Board of Directors of the Bank, Dr George Elombi, made the call while addressing delegates at the recently…
Rennie Naidoo, Professor of Information Systems at the Wits School of Business Sciences. South Africa’s public sector does not suffer from a lack of digital ambition. Strategies are written, systems are procured, platforms are launched and progress is reported with confidence. Yet step inside many departments, agencies and public entities, and the lived reality is…
City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025. Nathan Laine | Bloomberg | Getty Images Europe-listed shares traded sharply lower on Thursday, as fears of escalation in the U.S.-Iran war gripped global markets once again. The pan-European Stoxx 600 was 1.1% lower shortly after 9:30 a.m. in…
The World Bank Group, the African Development Bank, and The Rockefeller Foundation launched a new Mission 300 Private Sector Council to mobilize the billions in private investment needed to connect 300 million Africans to electricity by 2030 while unlocking job creation across the continent. Fourteen leaders from diverse sectors will help drive strategies to crowd…
In rural Ethiopia, smallholder farmer Ayelech Tarekegn Mekebo transformed a single local cow into a productive dairy enterprise with support from the World Bank-financed Livestock and Fisheries Sector Development Project. Through improved breeding, cooperative membership, and union-level processing, she now earns steady income and dividends. Her journey shows how targeted investments unlock rural jobs and…
MTN Group and Vodacom Group, the two giants of South Africa’s telecommunications sector, each clock up more than R1-billion in revenue in just two and three days, respectively. TechCentral analysed companies listed in the technology section of the JSE, along with those in the tech-heavy telecoms sector, to see just how quickly locally listed tech…
Regulators have called for platform accountability, stronger legislation and improved enforcement in SA’s e-commerce industry. As South Africa’s e-commerce sector enters a new era of growth and maturity, the National Consumer Commission (NCC) is moving to tackle several challenges consumers face when making online purchases. These include misleading advertising, outdated laws, refund disputes, delivery challenges,…
The African Financial Industry Barometer 2025 depicts a sector at a technology inflection point. (Image created using GenAI via ChatGPT) Africa’s financial sector is in the midst of a pronounced technological transformation, with digital innovation now being central to organisations’ competitive strategy. However, firms struggle to fully mature their tech adoption and face hurdles in…
