May 2026 – Billionaire Room

Muhoho Kenyatta’s $154 Million NCBA Stake to Become JSE-Listed Wealth as Nedbank’s $855 Million Tender Offer Opens 28 May

The full scale of Muhoho Kenyatta's personal fortune inside Kenya's banking system has been disclosed publicly for the first time, and the number is significant. A May 4 circular issued…

Alexander Voss May 10, 2026

Tech & Innovation

Anthropic Secures 300MW and 220,000 Nvidia GPUs as Claude Capacity Scales Through SpaceX Colossus 1 Deal

Anthropic has locked in one of the most consequential compute agreements in the generative AI industry to date, signing a deal with SpaceX to take full occupancy of the Colossus…

Ethan Park May 10, 2026

Spotlight

No, Johann Rupert Did Not Offer 67 Units for R10: Here Is What He Actually Did

A post circulating widely across South African social media platforms makes a striking claim: that billionaire Johann Rupert offered to supply South Africans with 67 units of electricity for R10,…

Magolego May 9, 2026

Spotlight

ShinyHunters Breaches Instructure, Exposing 275 Million Records Across 9,000 Schools Worldwide and Exposing the Fragility of Global EdTech Infrastructure

A coordinated ransomware attack against Instructure, the Salt Lake City-based company behind the Canvas learning management system, has compromised data belonging to an estimated 275 million students, teachers, and staff…

Magolego May 8, 2026

Opportunities

SARS Opens 2 Major Technology Tenders Worth Multimillion-Rand Contracts, Closing This Month

The South African Revenue Service has issued two high-value technology procurement opportunities that remain open for submission, with closing dates of 19 and 21 May 2026 respectively. Both tenders sit…

Michael Adeyemi May 8, 2026

Op-Ed & Analysis

The Fed’s Impossible Mandate: Why America’s Labour Market Is No Longer a Policy Compass

On the morning of Friday, May 8, the U.S. Bureau of Labor Statistics released the April Employment Situation report, the most closely watched economic data release in the world. The…

Dr. Sofia Alvarez May 8, 2026

Markets & Economy

AMD’s $10.3 Billion Quarter Sends Nasdaq to a Record 25,838 and Resets the AI Chip Investment Thesis

Advanced Micro Devices delivered first-quarter results on May 5, 2026, that did more than beat a consensus estimate. They repositioned the company in the minds of institutional investors, triggered a…

Marcus Leighton May 7, 2026

Industry Sectors

UK Court Locks BHP Into £36 Billion Brazil Dam Liability, Triggering a Damages Trial That Will Reshape Global Mining Risk

The legal walls have closed in on BHP. On 6 May 2026, London's Court of Appeal refused the world's largest miner permission to appeal a High Court ruling that found…

Thabo Khumalo May 7, 2026

Food

R6.19-Per-Litre Diesel Hike Places South Africa’s Entire Food Supply Chain Under Pressure

South Africa's food supply chain is facing one of its most acute cost crises in years after the Department of Mineral and Petroleum Resources confirmed on Monday, 4 May, that…

Isabella Conti May 5, 2026

Finance

Tesla’s SEC Filing Confirms $573 Million in Fiscal 2025 Revenue From Musk’s Own Companies — And a $2 Billion Equity Stake That Changed Hands Without Shareholders Knowing

A two-day-old disclosure from Tesla has confirmed what governance analysts had long suspected: Elon Musk's network of private companies is now a material revenue source for the publicly listed automaker,…

Daniel Rothman May 5, 2026