The rand weakened on Friday, heading for a second consecutive week of losses as surging energy prices fuelled by conflict in the Middle East rattled global markets and heightened inflation concerns. At 10.05am SAST, the rand traded at R16.94/US$, 0.9% weaker than Thursday’s close. The currency has faced sustained pressure since the US-Israeli war on…
The programme positions creators as entrepreneurs and technologists influencing product design, digital culture and platform evolution. (Image source: 123RF) South Africa’s growing creator economy will take centre stage at the SA Innovation Week 2026, where a new collaboration between the SA Innovation Summit and Creator Hub will explore how digital creators are driving innovation and…
Palantir was an outlier in a tough week for the stock market, as the provider of software and services to the U.S. government saw its stock rally 15% following the U.S. attack on Iran. The tech-heavy Nasdaq fell 1.2% for the week, pushed lower by names like Apple, Google and Micron, and other benchmarks tumbled…
The BRVM posted its seventh consecutive weekly gain, supported by dividend season flows and rising trading activity. The Composite index rose 3.81% to 417.71 points. The BRVM 30 gained 3.99% to 194.81 points, while the Prestige added 3.39% to 164.82 points. More than 11.36 million shares were traded during the week for a total value…
U.S. House Minority Leader Hakeem Jeffires (D-NY) speaks at a press conference on the government shutdown at the U.S. Capitol on Oct. 8, 2025 in Washington, DC. Kevin Dietsch | Getty Images Congressional Democrats will force a vote on a war powers resolution relating to Iran next week, Democratic leadership announced Thursday, as President Donald…
Nvidia CEO Jensen Huang. Steve Marcus/Reuters As Nvidia heads into quarterly earnings on Wednesday, AI investors are seeking evidence that the chip maker’s profits are growing apace on the back of a US$630-billion capital spending budget from Big Tech. But signs of risk to Nvidia’s long-held dominance are also emerging from hyperscalers’ plans to design…
Two lawsuits accusing the world’s largest social media companies of harming children begin this week, marking the first legal efforts to hold companies like Meta responsible for the effects their products have on young users. Opening arguments began today in a case brought by New Mexico’s attorney general’s office, which alleges that Meta failed to…
This is not a buy, sell or hold recommendation but a stock investment guide. You may need to involve your financial advisor before taking investment decisions. Last week, Nigerian stocks posted their strongest weekly gain this year as positive market sentiments built on broadly impressive corporate results. Save for the insurance index, all the sector…
The world’s most popular cryptocurrency has lost about one-third of its value since the start of the year. Published On 6 Feb 20266 Feb 2026 Click here to share on social media share2 Share Bitcoin has fallen sharply, racking up more losses after a tumultuous week for the world’s most popular cryptocurrency. The digital currency…
Ukrainian President Volodymyr Zelenskyy said Saturday that two days of trilateral talks with Russia and the United States in Abu Dhabi concluded with “constructive” discussions on “possible parameters for ending the war.” The talks are the first known instance that officials from the Trump administration have sat down with both countries as part of Washington’s…
