The entry of China’s Haier into South Africa looks set to sharpen competition in the local home appliance market, raising pressure on established brands such as Samsung, LG and Hisense. The Chinese multinational launched its products at an event in Sandton on Monday, with a key focus on how a global player of Haier’s size…
African tech startups raised US$4.1 billion in 2025, up 25% from a year earlier, marking the strongest funding year since 2022, according to Partech’s annual Africa Tech Venture Capital Report released January 22, 2026. Equity funding reached US$2.4 billion, an 8% increase year on year, across 462 deals. Debt financing climbed to a record US$1.6…
Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters Intel said it is struggling to satisfy demand for its server chips used in AI data centres, and forecast quarterly revenue and profit below market estimates, sending shares down 13% in after-hours trading on Thursday. The forecast underscores the difficulties faced by Intel in predicting global chip markets, where…
Iran’s crackdown on dissidents is shaping up as one of the toughest security tests yet for Elon Musk’s Starlink, which has served as a lifeline against state-imposed internet blackouts since its deployment during the war in Ukraine. SpaceX, which owns Starlink, made the satellite service free for Iranians earlier this week, placing Musk’s space company…
Streaming service Viu has launched a new a vertical video section on its mobile app offering one to three minutes episodic micro-dramas. Named “Viu Shorts”, the content is presented in a similar format to the short-form content popularised by social media platforms such as TikTok and Instagram. “We are thrilled to add a new facet…
Katya AdlerEurope editor BBC On Tuesday, the so-called Coalition of the Willing, largely made up of European leaders, met in Paris with envoys of US President Donald Trump, to try to make further progress on a sustainable peace deal for Ukraine. With Ukraine’s president Volodymyr Zelensky insisting a plan to end the war with Russia…
Nairobi, Kenya — The African Airlines Association (AFRAA) heralds a transformative milestone in African aviation with the full operational deployment of Free Route Airspace (FRA) in the Western and Central Africa (WACAF) region, effective 30 October 2025. This landmark achievement, transitioning from successful trials initiated in November 2023, will allow any airline to plan and…
BYD has officially launched the Sealion 5 in South Africa, introducing the country’s most affordable plug-in hybrid electric vehicle (PHEV) to date. Priced at R499 900, the Sealion 5 signals BYD’s intention to aggressively pursue market share and go head-to-head with South Africa’s top-selling hybrid, the Toyota Corolla Cross Hybrid. Speaking at the launch in Johannesburg,…
At this year’s Bellville Connect Level Up Business Programme, hosted by the Greater Tygerberg Partnership, Sodieq Barendse claimed the top award for his innovative platform, Pekkish — an ordering marketplace and POS ecosystem built to close the digital divide for micro-entrepreneurs. The win affirms the hard work behind building a brand “with minimal resources, powered…
Binance co-CEOs Yi He and Richard Teng. Crypto-currency exchange Binance has announced that its co-founder, Yi He, has been appointed co-CEO. The news comes as the company nears 300 million users globally, according to Binance. See also “Yi has been an integral part of the executive leadership team since the launch of Binance. Her innovative…
