Some AI stocks might burst. (Graphic: Nicola Mawson | Freepik & Pexels) Within the past week, several tech stocks – especially those associated with artificial intelligence (AI) – have run up to new heights, with warnings that some of these shares could burst. Lofty valuations are being reached as tech stocks are proving to be…
PRETORIA — The government of South Africa has strongly condemned the circulation of what it termed “fake videos and images” allegedly portraying attacks on foreign nationals, as diplomatic tensions rise across several African states over concerns of xenophobic violence. Authorities in Pretoria dismissed the online content, stating that it was being misrepresented and misused to…
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan’s…
Brent crude rises nearly 6 percent as soaring tensions in waterway push ceasefire to the brink. Published On 5 May 20265 May 2026 Oil prices have risen sharply as violence in the Strait of Hormuz cast doubt over the fragile ceasefire between the United States and Iran. Brent crude, the primary benchmark for oil prices…
MTN group CEO and president Ralph Mupita earned almost R100 million last year. (Graphic by Nicola Mawson, with MTN images) Africa’s largest cellphone company, MTN, paid six executives R320 million in 2025, a 62% year-on-year gain across its top posts after it reversed its loss-making position in the year to December. In its recently released…
The government will extend fuel tax cuts for another two months to cushion the impact of the Iran war on households, but that the relief would end after that and it would recoup the lost tax revenue in other ways. The US-Israeli war against Iran has caused the biggest oil supply disruption in history, the…
Artificial intelligence is rapidly becoming the backbone of modern economies, shaping everything from finance and healthcare to governance and security. As global competition intensifies, two dominant models have emerged — the United States’ capital-driven approach and China’s state-guided, infrastructure-led strategy. For Africa, this moment presents not just a choice between competing systems, but an opportunity…
Nairobi — Africa’s accelerating government-led expansion is drawing global attention, especially as initiatives connected to the USAID Trade Hub highlight how external support is shaping economic priorities across multiple regions. Large-scale investments, ambitious reforms, and infrastructure megaprojects are becoming central to national strategies. However, this rapid growth may carry unintended consequences that are often overlooked…
The rapid expansion of Africa’s education technology (EdTech) sector, alongside increasing international student mobility, is transforming how African students access global education opportunities, industry stakeholders have said. At the centre of this shift are platforms such as EERIV Europe UAB, which operate at the intersection of digital education services and international admissions support. EdTech Sector…
Mozambique has overtaken Senegal as Africa’s most distressed sovereign borrower, as rising global energy costs add pressure to its finances. The country’s sovereign yield spread widened to 1,473 basis points, surpassing Senegal’s 1,423 basis points, according to data tracked by JPMorgan Chase. Spreads above 1,000 basis points are widely seen as a sign of distress….
