The week ahead: Results from AB InBev, Old Mutual and three miners
Strong earnings expected, led by miners benefitting from elevated gold prices and robust cash flow generation.
Meta and Microsoft have joined the tech layoff tsunami
Is AI really to blame?
Mopane worm and termite sales relieve poverty in rural South Africa
Studies explore the impact.
Aged oil tanker suggests Iran Is bringing back retired ships
With exports stalled and tanks filling up, Iran explores stopgap measures to sustain crude production.
Global shocks seen spurring African pivot to domestic capital
Venture capital and private equity firms are increasingly turning to domestic investors as Western funding appetite cools.
Mumbai’s skyline is soaring … so is the pressure on housing.
Foreign banks expand rapidly while millions of residents negotiate redevelopment deals that could reshape wealth, housing access and urban inequality.
Samsung dynasty’s wealth doubles to $45bn in just a year
The Lee family’s wealth has surged as Samsung rides booming demand for AI memory chips and data-centre infrastructure.
Perseverance doesn’t always pay off for companies
Sometimes it’s better to ‘fail fast’.
Boreholes are booming in a drying South Africa
How the government plans to tighten controls.
Why the world’s banks are so worried about Anthropic’s latest AI model
Anthropic’s restricted “Mythos” model exposes critical vulnerabilities, raising fears of AI-powered cyberattacks on legacy banking systems.