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India Announces $5 Billion Currency Swap as Rupee Slides to Record Low Against Dollar
Posted inMarkets & Economy

India Announces $5 Billion Currency Swap as Rupee Slides to Record Low Against Dollar

The Reserve Bank of India has announced a $5 billion dollar-rupee swap auction as policymakers move to stabilise liquidity conditions following a sharp depreciation in the Indian rupee and rising…
Posted by Marcus Leighton Marcus Leighton May 21, 2026
NewSpace Systems Opens Africa’s Largest Space Hardware Factory in Somerset West, Targeting High-Volume Production for Global Satellite Constellations
Posted inIndustry Sectors

NewSpace Systems Opens Africa’s Largest Space Hardware Factory in Somerset West, Targeting High-Volume Production for Global Satellite Constellations

South Africa has crossed a meaningful threshold in advanced manufacturing. NewSpace Systems, headquartered in Somerset West in the Western Cape, has officially opened a purpose-built 5,200 square metre spacecraft component…
Posted by Thabo Khumalo Thabo Khumalo May 20, 2026
India and the European Union Set Year-End Deadline to Operationalise a 2-Billion-Person Free Trade Zone
Posted inGlobal Affairs

India and the European Union Set Year-End Deadline to Operationalise a 2-Billion-Person Free Trade Zone

In Gothenburg, Sweden, on 17 and 18 May 2026, Indian Prime Minister Narendra Modi met with European Commission President Ursula von der Leyen and Swedish Prime Minister Ulf Kristersson at…
Posted by Jonathan Reed Jonathan Reed May 19, 2026
Big Idea Ventures Deploys $1M Across 5 Foodtech Startups to Rebuild the Global Food System From the Ingredient Up
Posted inFood

Big Idea Ventures Deploys $1M Across 5 Foodtech Startups to Rebuild the Global Food System From the Ingredient Up

New York-based foodtech investor Big Idea Ventures moved on Monday to expand its Global Food Innovation Fund II portfolio, announcing the addition of five startups to its GFIF II portfolio…
Posted by Isabella Conti Isabella Conti May 19, 2026
Johannesburg’s Sango Capital Closes $120 Million Secondary Deal, Becoming Africa’s Largest Private Equity Secondary Buyer
Posted inFinance

Johannesburg’s Sango Capital Closes $120 Million Secondary Deal, Becoming Africa’s Largest Private Equity Secondary Buyer

Johannesburg-based investment manager Sango Capital has completed the acquisition of more than $120 million in net asset value across four African private equity funds, acquiring the portfolio from a non-African…
Posted by Daniel Rothman Daniel Rothman May 19, 2026
South Africa’s R17.2 Billion Fuel Subsidy Begins Unwinding in June, Exposing Households to Another Petrol Price Shock
Posted inDecisions & Impact

South Africa’s R17.2 Billion Fuel Subsidy Begins Unwinding in June, Exposing Households to Another Petrol Price Shock

South Africa's National Treasury has confirmed the structured phase-down of its emergency fuel levy relief, setting a hard deadline of 30 June 2026 for the end of one of the…
Posted by Victoria Mensah Victoria Mensah May 18, 2026
FTC Begins Enforcing Deepfake Takedown Law on May 19 as Meta, TikTok, X Face 48-Hour Removal Obligation
Posted inCompliance & Legal

FTC Begins Enforcing Deepfake Takedown Law on May 19 as Meta, TikTok, X Face 48-Hour Removal Obligation

The Federal Trade Commission activates enforcement of the TAKE IT DOWN Act on May 19, 2026, marking the end of the one-year grace period granted to digital platforms after the…
Posted by Naledi Mokoena Naledi Mokoena May 18, 2026
Adebayo Ogunlesi Signals BlackRock Will Double Its R500 Billion South Africa Infrastructure Stake
Posted inBillionaire Tracker

Adebayo Ogunlesi Signals BlackRock Will Double Its R500 Billion South Africa Infrastructure Stake

Adebayo Ogunlesi, the Nigerian-born billionaire who chairs Global Infrastructure Partners and sits on BlackRock's Global Executive Committee, used a high-level summit in Cape Town on 13 May 2026 to disclose…
Posted by Alexander Voss Alexander Voss May 16, 2026
HubSpot Deploys AEO Sensor as AI Search Strips 27% of Organic Traffic From Business Websites
Posted inTech & Innovation

HubSpot Deploys AEO Sensor as AI Search Strips 27% of Organic Traffic From Business Websites

The rules governing how businesses get found online shifted again this week. On May 14, 2026, HubSpot launched AEO Sensor, a free, publicly accessible real-time dashboard that tracks how the…
Posted by Ethan Park Ethan Park May 16, 2026
Trump and Xi Close Beijing Summit With 200 Boeing Jets and a Fragile Truce, Forcing Africa to Choose Its Next Move
Posted inSpotlight

Trump and Xi Close Beijing Summit With 200 Boeing Jets and a Fragile Truce, Forcing Africa to Choose Its Next Move

The world's two largest economies left Beijing on Friday having done just enough to prevent a rupture, but not nearly enough to resolve the structural tensions pulling the global trade…
Posted by Tebogo Magolego Magolego May 16, 2026

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Zimbabwe Raises Foreign Investor Entry Bar to $20 Million and 200 Jobs in Major Economic Policy Shift
Zimbabwe now requires some foreign investors to commit at least $20 million and create 200 jobs as the country tightens economic localisation rules across key sectors.
Zimbabwe Raises Foreign Investor Entry Bar to $20 Million and…
May 25, 2026
South Africa Raises Steel Import Duties to 30% as Government Moves to Shield Domestic Industry From Chinese Surge
South Africa has raised steel import duties to as high as 30% in a major industrial policy decision aimed at protecting local manufacturers from rising imports dominated by China.
South Africa Raises Steel Import Duties to 30% as Government…
May 25, 2026
South Africa Signals Tougher POPIA Crackdown as Information Regulator Expands Enforcement Powers
South Africa’s Information Regulator is intensifying POPIA and PAIA enforcement efforts, signalling rising legal and compliance pressure for businesses handling customer and institutional data.
South Africa Signals Tougher POPIA Crackdown as Information Regulator Expands…
May 25, 2026
Bolt CEO Ryan Breslow Cuts Entire HR Division, Saving Millions as Silicon Valley Turns Ruthless on Costs
Ryan Breslow’s controversial HR overhaul at Bolt is fuelling a wider Silicon Valley push toward leaner operations, lower costs, and faster execution.
Bolt CEO Ryan Breslow Cuts Entire HR Division, Saving Millions…
May 24, 2026
ServiceNow and Accenture Launch Enterprise AI Engineering Program With 300 Pre-Built Agentic Workflows
ServiceNow and Accenture have launched a new enterprise AI engineering program with more than 300 pre-built autonomous workflows, accelerating the shift from AI experimentation to live operational deployment.
ServiceNow and Accenture Launch Enterprise AI Engineering Program With 300…
May 24, 2026
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