2026 – Page 19 – Billionaire Room

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

Compliance & 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…

Naledi Mokoena May 3, 2026

Billionaire 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%…

Alexander Voss May 2, 2026

Tech & Innovation

HMD Global Confirms Egypt as African Export Hub With 2 Million Device Target by 2026

Egypt is emerging as a pivotal manufacturing and distribution node for mobile technology in Africa, following high-level talks between HMD Global, the licensee of the Nokia phone brand, and Egyptian…

Ethan Park May 2, 2026

Opportunities

SARS Opens Bid for Master Data Management and Data Governance Solution — Submissions Close 21 May 2026

The South African Revenue Service (SARS) has published a formal Request for Proposal, RFP07/2026, calling on qualified technology providers to submit bids for the procurement of a Master Data Management…

Michael Adeyemi April 30, 2026

Op-Ed & Analysis

South Africa’s R17.2 Billion Fuel Levy Extension Buys Time — But the July Reckoning Is Coming

South Africa has bought itself a fiscal cushion. On 28 April 2026, the National Treasury and the Department of Mineral and Petroleum Resources jointly confirmed that the temporary fuel levy…

Dr. Sofia Alvarez April 29, 2026

Global Affairs

India and New Zealand Sign $20 Billion FTA, Unlocking Duty-Free Access Across 8,284 Product Lines

India and New Zealand formalised one of the most consequential bilateral trade agreements of 2026 on Monday, signing a comprehensive Free Trade Agreement at Bharat Mandapam in New Delhi, a…

Jonathan Reed April 28, 2026

Markets & Economy

Bank of Japan Holds at 0.75% but Raises Inflation Forecast to 2.8% as Iran War Reshapes Its Policy Calculus

The Bank of Japan held its benchmark policy rate steady at 0.75% on Tuesday but delivered a sharp set of forecast revisions that signal the central bank is walking an…

Marcus Leighton April 28, 2026

Industry Sectors

Ivanhoe Mines Hits Three Construction Milestones at Limpopo’s Platreef, Targeting 460,000 Oz PGM Output by End of 2027

Ivanhoe Mines marked a significant operational advance at its Platreef Mine in Limpopo Province on April 23, 2026, when the company held a formal on-site ceremony to confirm the simultaneous…

Thabo Khumalo April 27, 2026