On the 25th of February 2026, Finance Minister Enoch Godongwana stood before Parliament and delivered a budget built on a story of redemption. Five years back, South Africa was grey-listed by the Financial Action Task Force, it was downgraded to junk status, and reeled from State Capture. On Wednesday, he
On the 25th of February 2026, Finance Minister Enoch Godongwana stood before Parliament and delivered a budget built on a story of redemption. Five years back, South Africa was grey-listed by the Financial Action Task Force, it was downgraded to junk status, and reeled from State Capture. On Wednesday, he
Ashraf Patel When Goldman Sachs’ Jim O Neil coined the term BRIC in 2009, his frame of reference was emerging market destinations that were attractive for global capital investment from the North. In 2009, Brazil, Russia, India and China hosted an inaugural summit where the acronym BRIC was adopted. South
There is a pattern so deeply embedded in African resource economies that it has become almost invisible. Dig it up, ship it out, watch someone else turn it into something valuable, then import that valuable thing back at a premium. Tanzania is not exempt from this pattern. But what makes
There is a pattern so deeply embedded in African resource economies that it has become almost invisible. Dig it up, ship it out, watch someone else turn it into something valuable, then import that valuable thing back at a premium. Tanzania is not exempt from this pattern. But what makes
The Venezuelan oil and gas industry is a cornerstone of the nation’s economy, underpinning government revenue and influencing regional geopolitics. Once producing over three million barrels per day (bpd), years of underinvestment, alleged mismanagement, and international sanctions severely eroded both production and technical expertise. The state-run company, Petróleos de Venezuela,
The Venezuelan oil and gas industry is a cornerstone of the nation’s economy, underpinning government revenue and influencing regional geopolitics. Once producing over three million barrels per day (bpd), years of underinvestment, alleged mismanagement, and international sanctions severely eroded both production and technical expertise. The state-run company, Petróleos de Venezuela,
Kia has started assembling the hybrid version of the Kia Telluride at its West Point, Georgia facility, marking the company’s first hybrid model produced in the US. The move reflects rising demand for hybrid vehicles, particularly after federal incentives for fully electric vehicles were withdrawn last year. The Georgia plant
Kia has started assembling the hybrid version of the Kia Telluride at its West Point, Georgia facility, marking the company’s first hybrid model produced in the US. The move reflects rising demand for hybrid vehicles, particularly after federal incentives for fully electric vehicles were withdrawn last year. The Georgia plant
There comes a moment in every great technology revolution when the late arrivals have to decide: accept the terms that are handed to them, or fight to write their own. Africa, it seems, has made the decision to fight. On the 9th and 10th of February 2026, at the Nairobi