South Africa looks set for much better growth in 2025 thanks to increased spending and investment, according to analysts at Absa Group, though a cooling of relations with the US …
finance
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International News
Hyundai unveils $21bn US expansion as Trump tariffs loom
by Staff Writerby Staff WriterSouth Korean carmaking giant Hyundai has unveiled $21bn (£16.3bn) of investment in the US just days before President Donald Trump is set to impose new tariffs on trading partners. The …
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The crypto market has evolved at a blistering pace in the last five years, with exchanges offering mobile apps, educational material, much improved security, and fairly easy to use trading …
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RENOWNED economist and businessman Eddie Cross says authorities must expeditiously de-dollarise to save the economy from implosion. Speaking to Group Editor-In-Chief Guthrie Munyuki on his widely followed news and current …
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Tech
Cassava to upgrade its data centres with NVIDIA super computers to drive Africa’s AI future
by Staff Writerby Staff WriterCASSAVA Technologies announced today that it plans to build Africa’s first AI factory — a powerful and super-secure data centre facility powered with NVIDIA AI computing technology. This will give …
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THE Life Offices Association (LOA), which represents life assurance companies, is urging policymakers to implement reforms that protect the value of insurance investments as Zimbabwe potentially transitions to a mono-currency …
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THE Tobacco Industry and Marketing Board (TIMB) is touting expanded opportunities for investors to produce nicotine from tobacco waste. In an interview with The Financial Gazette, TIMB’s acting chief executive …
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THE Agricultural Marketing Authority (Ama) projects that the market size for macadamia nuts will reach US$1,79 billion this year, driven by high demand ahead of the harvesting season. The crop, …
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AFRICAN Extracts, a local start-up, has pioneered an eco-friendly method to manage tobacco waste, which was previously discarded in ways that harmed the environment. During a tour of the company’s …
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THE Ministry of Finance says the Mukuru Wallet will bridge the gap in financial inclusion in the country for underserved rural populations, including women, youth, and people with disabilities. Speaking …