265 Toyota South Africa Motors CEO Andrew Kirby. Image: Toyota South Africa’s motor manufacturing industry is on a path towards structural decline that mirrors the country’s broader deindustrialisation trend, Toyota South Africa…
Category: Business
Exploration lag tests Africa’s critical minerals ambitions
299 The continent’s share of global exploration spending fell from 16.6% in 2012 to 10.4% in 2024 – BDO. Despite being endowed with some of the world’s richest deposits of critical minerals,…
Russia bans WhatsApp
331 US messenger app WhatsApp, owned by Meta Platforms, has been completely blocked in Russia for failing to comply with local law, the Kremlin said on Thursday, suggesting Russians turn to a…
Censorship-resistant internet from space
245 Spacecoin’s CTC-1 nanosatellite Internet shutdowns have become a tool for subversion in times of unrest. So far in 2026, Iran and Uganda both enforced severe internet blackouts to stifle dissent. Iran’s…
Africa Bitcoin Corp adds more bitcoin to its balance sheet
241 The group now holds 4.55 BTC, as part of a programme to build long-term wealth for shareholders. Africa’s first listed bitcoin treasury company Africa Bitcoin Corporation (ABC) has acquired a further…
Chip shortage hits PCs as AI swallows the world’s memory supply
255 China’s Lenovo Group warned on Thursday about mounting pressure on PC shipments as a worsening memory-chip shortage grips the industry. CEO Yang Yuanqing said in an interview after the company released…
Here comes the next wave of Chinese AI models
271 One year after Chinese start-up DeepSeek rattled the global tech industry with the release of a low-cost AI model, its domestic rivals are better prepared, vying with it to launch new…
Jumia aims for profit as it fends off Chinese rivals
254 Africa-focused e-commerce retailer Jumia Technologies expects to break even in the last quarter of 2026 and deliver its first full-year profit next year as it accelerates growth after years of restructuring,…
Disaster recovery clock ticking: 4 provinces must spend nearly R1bn in under 8 weeks
243 The funds must be spent by the end of the 2025-26 financial year. Finance Minister Enoch Godongwana has increased the budget allocated to provinces and municipalities to fund the recovery and…
Capitec shoots lights out: up to R17.2 billion in headline earnings, becoming SA’s most valuable bank
354 Capitec overtakes FirstRand to become SA’s most valuable bank. The 2026 financial year appears to have been one of growth for Capitec, with the bank expecting its headline earnings per share…