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Day: April 9, 2026

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Oil Plunges 16%, Dow Surges 1,325 Points as U.S. – Iran Ceasefire Reopens Strait of Hormuz
Posted inMarkets & Economy

Oil Plunges 16%, Dow Surges 1,325 Points as U.S. – Iran Ceasefire Reopens Strait of Hormuz

A fragile but consequential ceasefire between the United States and Iran detonated one of the most dramatic single-session market reversals of 2026, sending oil prices into freefall and igniting a…
Posted by Marcus Leighton Marcus Leighton April 9, 2026
EDECS and MEDLOG Sign EPC Contract to Begin Construction of 189,000 sq m Dry Port in Egypt’s Industrial Heartland
Posted inIndustry Sectors

EDECS and MEDLOG Sign EPC Contract to Begin Construction of 189,000 sq m Dry Port in Egypt’s Industrial Heartland

Construction is now formally underway on one of Egypt's most significant inland logistics projects. On April 8, EDECS, the regional engineering and contracting group, and MEDLOG, the global logistics arm…
Posted by Thabo Khumalo Thabo Khumalo April 9, 2026
Olam Group Deploys $1 Billion AI Transformation Across Its 60-Country Farm-to-Fork Supply Chain
Posted inFood

Olam Group Deploys $1 Billion AI Transformation Across Its 60-Country Farm-to-Fork Supply Chain

Olam Group, one of the world's largest food and agribusiness conglomerates, has commissioned a sweeping digital overhaul of its global operations, signing an eight-year, $1 billion-plus engagement with Wipro to…
Posted by Isabella Conti Isabella Conti April 9, 2026
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Spear REIT Deploys R960 Million into Tygervalley Office Portfolio as Western Cape Property Demand Strengthens
Spear REIT’s R960 million Tygervalley acquisition underscores growing institutional demand for high-quality Cape Town office assets with stable long-term income profiles.
Spear REIT Deploys R960 Million into Tygervalley Office Portfolio as…
May 30, 2026
R500 million Spaza Shop Funding in South Africa Faces a New Question: Transparency, Trust, and Who Actually Benefited
South Africa’s spaza shop funding programme is raising new questions about transparency and beneficiary visibility, as public debate grows around who actually benefited from government support.
R500 million Spaza Shop Funding in South Africa Faces a New…
May 30, 2026
South Africa Opens New Digital Marketing Procurement Opportunity Through DBSA Tender Process
DBSA has opened a new procurement opportunity for digital marketing and development partners, with submissions closing on 19 June 2026.
South Africa Opens New Digital Marketing Procurement Opportunity Through DBSA…
May 28, 2026
Rand Weakens Ahead of SARB Rate Decision as Markets Reprice South Africa Inflation Risks
The rand weakened ahead of the South African Reserve Bank’s rate decision as investors reassessed inflation risks linked to rising oil prices and global geopolitical tensions.
Rand Weakens Ahead of SARB Rate Decision as Markets Reprice…
May 28, 2026
China Opens Zero-Tariff Access to 53 African Nations as Beijing Expands Trade Influence Across the Continent
China’s zero-tariff access for 53 African nations signals a major escalation in Beijing’s economic push across Africa as global powers compete for trade influence and strategic resources.
China Opens Zero-Tariff Access to 53 African Nations as Beijing…
May 27, 2026
April 2026
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