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Month: May 2026

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The Fed Has a New Chair. For South Africa, the Consequences Begin Now.
Posted inOp-Ed & Analysis

The Fed Has a New Chair. For South Africa, the Consequences Begin Now.

On May 13, 2026, the United States Senate confirmed Kevin Warsh as the 17th Chair of the Federal Reserve in a 54-45 vote, the most partisan confirmation of a Fed…
Posted by Dr. Sofia Alvarez Dr. Sofia Alvarez May 15, 2026
Rand Slides 1% as Oil Tops $107 and Trump Confirms China Energy Deal at Beijing Summit
Posted inMarkets & Economy

Rand Slides 1% as Oil Tops $107 and Trump Confirms China Energy Deal at Beijing Summit

The South African rand fell sharply in early trade on Friday, sliding approximately 1% against the dollar to R16.64, as a combination of surging oil prices, a strengthening greenback, and…
Posted by Marcus Leighton Marcus Leighton May 15, 2026
Barrick Confirms Lumwana Super Pit Stays on Time and Budget as $2 Billion Copper Expansion Hits Key Construction Milestones
Posted inIndustry Sectors

Barrick Confirms Lumwana Super Pit Stays on Time and Budget as $2 Billion Copper Expansion Hits Key Construction Milestones

Barrick Mining Corporation has confirmed that construction at the Lumwana Super Pit copper expansion in Zambia's North-Western Province advanced on time and on budget through the first quarter of 2026,…
Posted by Thabo Khumalo Thabo Khumalo May 14, 2026
Trump and Xi Open Beijing Summit with Strategic Stability Framework, Trade Commitments, and a Sharp Warning on Taiwan
Posted inGlobal Affairs

Trump and Xi Open Beijing Summit with Strategic Stability Framework, Trade Commitments, and a Sharp Warning on Taiwan

The most consequential bilateral meeting in nearly a decade opened at Beijing's Great Hall of the People on Thursday, as United States President Donald Trump and Chinese President Xi Jinping…
Posted by Jonathan Reed Jonathan Reed May 14, 2026
Buhler and Andritz Anchor SADC Food Value Chain Drive as AFMASS Expo Opens in Lusaka
Posted inFood

Buhler and Andritz Anchor SADC Food Value Chain Drive as AFMASS Expo Opens in Lusaka

Lusaka became the focal point of Southern Africa's agribusiness calendar today as the AFMASS Food Expo Zambia and Southern Africa 2026 opened its doors at the Radisson Blu Hotel, drawing…
Posted by Isabella Conti Isabella Conti May 13, 2026
Prosus Raises $395 Million from Delivery Hero Stake Sale to Hong Kong’s Aspex in Forced EU Divestment
Posted inFinance

Prosus Raises $395 Million from Delivery Hero Stake Sale to Hong Kong’s Aspex in Forced EU Divestment

Prosus NV, the Amsterdam-listed technology investment group with a primary listing on the Johannesburg Stock Exchange, has agreed to sell a 5% stake in German food delivery company Delivery Hero…
Posted by Daniel Rothman Daniel Rothman May 13, 2026
South Africa’s Parliament Activates Impeachment Committee Against President Ramaphosa as Constitutional Court Overturns 2022 Vote
Posted inDecisions & Impact

South Africa’s Parliament Activates Impeachment Committee Against President Ramaphosa as Constitutional Court Overturns 2022 Vote

South Africa's National Assembly moved on Monday to establish a formal impeachment committee to investigate President Cyril Ramaphosa, executing the direct order of the Constitutional Court after the apex court…
Posted by Victoria Mensah Victoria Mensah May 12, 2026
Four Major Law Firms Force Gauteng High Court to Decide the Future of South Africa’s B-BBEE Legal Sector Code
Posted inCompliance & Legal

Four Major Law Firms Force Gauteng High Court to Decide the Future of South Africa’s B-BBEE Legal Sector Code

The Gauteng High Court in Pretoria has concluded a full week of oral arguments in one of the most consequential compliance battles the South African legal profession has ever faced.…
Posted by Naledi Mokoena Naledi Mokoena May 11, 2026
Muhoho Kenyatta’s $154 Million NCBA Stake to Become JSE-Listed Wealth as Nedbank’s $855 Million Tender Offer Opens 28 May
Posted inBillionaire Tracker

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…
Posted by Alexander Voss Alexander Voss May 10, 2026
Anthropic Secures 300MW and 220,000 Nvidia GPUs as Claude Capacity Scales Through SpaceX Colossus 1 Deal
Posted inTech & 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…
Posted by Ethan Park Ethan Park May 10, 2026

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Ramaphosa Unveils Phase 3 of Government-Business Partnership to Accelerate South Africa’s Energy, Rail and Logistics Reforms
President Cyril Ramaphosa has launched Phase 3 of the Government-Business Partnership, signalling a renewed focus on implementing reforms across South Africa's energy, rail and logistics sectors.
Ramaphosa Unveils Phase 3 of Government-Business Partnership to Accelerate South…
August 21, 2026
Trump-Carney Talks Intensify as $20 Billion Canada-US Trade Dispute Nears Tariff Deadline
The United States and Canada are racing to secure a trade agreement before new tariffs on $20 billion in Canadian exports take effect.
Trump-Carney Talks Intensify as $20 Billion Canada-US Trade Dispute Nears…
August 19, 2026
Agri Limpopo 2026 Opens as South Africa’s Agriculture and Food Industry Gather to Discuss Growth Opportunities
Agri Limpopo 2026 has officially opened, bringing together farmers, agribusinesses and industry stakeholders to discuss opportunities and challenges shaping South Africa’s agricultural and food sectors.
Agri Limpopo 2026 Opens as South Africa’s Agriculture and Food…
August 17, 2026
AMD Launches Up to $5 Billion Debt Offering as AI Investment Race Accelerates
AMD is seeking up to $5 billion in fresh financing as major technology companies accelerate spending on AI infrastructure and data centre expansion.
AMD Launches Up to $5 Billion Debt Offering as AI…
August 16, 2026
South Africa Moves to Strengthen Anti-Money Laundering Laws Ahead of 2027 FATF Review
South Africa is advancing a new anti-money laundering reform package aimed at strengthening financial transparency and supporting future FATF compliance assessments.
South Africa Moves to Strengthen Anti-Money Laundering Laws Ahead of…
August 10, 2026
May 2026
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