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Month: May 2026

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

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,…
Posted by Tebogo Magolego Magolego May 9, 2026
ShinyHunters Breaches Instructure, Exposing 275 Million Records Across 9,000 Schools Worldwide and Exposing the Fragility of Global EdTech Infrastructure
Posted inSpotlight

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…
Posted by Tebogo Magolego Magolego May 8, 2026
SARS Opens 2 Major Technology Tenders Worth Multimillion-Rand Contracts, Closing This Month
Posted inOpportunities

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…
Posted by Michael Adeyemi Michael Adeyemi May 8, 2026
The Fed’s Impossible Mandate: Why America’s Labour Market Is No Longer a Policy Compass
Posted inOp-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…
Posted by Dr. Sofia Alvarez Dr. Sofia Alvarez May 8, 2026
AMD’s $10.3 Billion Quarter Sends Nasdaq to a Record 25,838 and Resets the AI Chip Investment Thesis
Posted inMarkets & 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…
Posted by Marcus Leighton Marcus Leighton May 7, 2026
UK Court Locks BHP Into £36 Billion Brazil Dam Liability, Triggering a Damages Trial That Will Reshape Global Mining Risk
Posted inIndustry 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…
Posted by Thabo Khumalo Thabo Khumalo May 7, 2026
R6.19-Per-Litre Diesel Hike Places South Africa’s Entire Food Supply Chain Under Pressure
Posted inFood

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…
Posted by Isabella Conti Isabella Conti May 5, 2026
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
Posted inFinance

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,…
Posted by Daniel Rothman Daniel Rothman May 5, 2026
South Africa Tables Two Landmark Financial Laws as FATF Evaluation Window Opens
Posted inCompliance & Legal

South Africa Tables Two Landmark Financial Laws as FATF Evaluation Window Opens

South Africa's financial regulatory architecture is undergoing its most consequential legislative overhaul in a generation. Within a single parliamentary cycle, two bills carrying systemic weight have been formally set in…
Posted by Naledi Mokoena Naledi Mokoena May 3, 2026
Koos Bekker’s $500 Million Wealth Erosion Exposes Naspers-Prosus Tencent Dependency
Posted inBillionaire Tracker

Koos Bekker’s $500 Million Wealth Erosion Exposes Naspers-Prosus Tencent Dependency

On April 30, 2026, Forbes data confirmed that South African media billionaire Koos Bekker had shed approximately $500 million in personal wealth since January, the result of a sustained 24%…
Posted by Alexander Voss Alexander Voss May 2, 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
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