85FlySafair spokesperson Kirby Gordon answers more questions about the proposed sale of airline in totality to PIC-backed investor. The recently announced, likely sale of FlySafair to Public Investment Corporation-backed investment group Harith…
Category: Business
Altron jumps after company flags strong earnings growth
71 Altron Group’s share price jumped more than 8% on Thursday after the technology group issued a trading statement flagging significant earnings growth for its financial year ending 28 February 2026. The…
NEV inaction will cost South Africa its motoring industry
67 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…
Exploration lag tests Africa’s critical minerals ambitions
69 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
58 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
56 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
66 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
73 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
75 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
73 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,…