Bonnie Chan, chief executive officer of Hong Kong Exchanges & Clearing Ltd. (HKEX), during the Asian Financial Forum in Hong Kong, China, on Tuesday, Jan. 27, 2026. The forum runs through today. Photographer: Lam Yik/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Hong Kong’s IPO pipeline is supported by companies beyond the ‘fashionable’…
Nigeria now has the highest headline capital gains tax rate among selected major African economies and one of the continent’s broadest regimes for taxing indirect transfers of Nigerian assets, according to a new report by PwC Nigeria. The report titled: “Nigeria’s Capital Gains Tax Reforms: What the New 30% Rate and Indirect Transfer Rules Mean…
Raxio Group, Africa’s most expansive data centre platform, surpassed US$380 million in committed capital as shareholders Meridiam and Roha increased their support for the company’s next phase of growth following a sixfold surge in contracted capacity this year. The additional equity from Roha and Meridiam extends Raxio’s capital base from a previous US$350 million, building…
Dangote Industries Limited has further reinforced its status as one of Africa’s most influential corporate brands after emerging as the continent’s Most Admired African Brand for the eighth consecutive year in the latest Brand Africa rankings. The recognition was announced at the 16th annual Brand Africa 100: Africa’s Best Brands awards, unveiled in Addis Ababa,…
Anthropic has raised US$65-billion at a post-money valuation of $965-billion, as it seeks to expand computing capacity to meet growing demand for chatbot Claude and scale its products. The new valuation after the series-H funding round puts Anthropic ahead of rival OpenAI, which was last valued at $852-billion post-money in March. “Since our series-G in…
Japan’s Nikkei 225 breached 64,000 for the first time Monday as a sharp decline in oil prices lifted risk sentiment in holiday-thinned trading.
Vodacom Group’s fintech business has surpassed 100 million customers for the first time, with the JSE-listed telecommunications operator reporting 103 million active financial services users in the year ended 31 March 2026 – cementing its position as the largest mobile money operator in Africa. The milestone, disclosed in the group’s annual financial results on Monday,…
Dar es Salaam — MAJORITY of Tanzanians believe the country’s media operate freely, according to a new survey by Afrobarometer, which ranks Tanzania as the top performer in Africa on perceived press freedom. The report, which was released as the world marks Press Freedom Day today, shows that perceptions of media freedom vary widely across…
Weak SIM registration processes continue to enable fraud. (Graphic: Nicola Mawson, with images from ITWeb, Pexels and Freepik) Amid growing calls for biometric registration of SIM cards, global bodies warn that such a move could exclude vulnerable citizens and create underground markets for fraudulently registered SIM cards. Mobile industry veteran Johan van Graan is calling…
Standard Bank Group’s annual financial results, published on Thursday, have revealed that Africa’s largest bank by assets spent more than R14-billion on cloud, software and technology in 2025 — an 8.7% year-on-year increase that far outpaced the growth in its overall cost base. The “cloud, software and technology” line item in the group’s operating expenses…
