According to research cited by BusinessTech from the Energeo Alliance, offshore oil exploration and subsequent operations could have contributed as much as R23 billion to South Africa’s economy each year and created around 20,000 jobs. These figures are projections, not money that South Africa has already lost, but they illustrate
Mining expert David van Wyk estimates there are now more than 34,000 irregular miners operating across South Africa, and the damage they leave behind has moved well beyond the mining sector itself into the electricity grid, water pipes, roads and building foundations of the country’s economic capital. When the Underground
Over the past decade and more, led by innovation and deep-going reform, China’s economy has maintained steady and sound development. Contributing roughly 30 percent to global economic growth, it has become a key engine of the world economy. Recently, however, there has been some hype about so-called "Excess Capacity" of
Ataraxis’s inaugural 2026 Global Outsourcing AI Readiness Index places South Africa eighth out of the world’s top 25 outsourcing destinations and first in Africa, with an overall AI readiness score of 66.5 out of 100. It is not a marginal lead. South Africa sits 17.35 points clear of Egypt, the
A Home Market Slipping Away From Local Factories The numbers on the showroom floor tell an uncomfortable story. New vehicle sales climbed 15.7% to 597,338 units in 2025, and the first half of 2026 kept accelerating, up 12.9% year-on-year to more than 315,000 units, with June posting its best result
When President Xi Jinping stood before heads of state and international delegates on the banks of the Huangpu River on July 17, 2026, he was not merely opening another technology conference. He was proposing an alternative architecture for how the world governs one of the most consequential technologies of this
The immediate challenge is straightforward. Factory owners report workforce losses of between 12% and 19%, leaving sewing lines understaffed and production targets increasingly difficult to meet. Many of the workers who left occupied skilled positions developed through years of experience in garment manufacturing. Replacing them has proven far more difficult
In August 2026, South Africa marks the 70th anniversary of Women’s Month under the theme: “Empowered Women Empower The Nation”, while also recognising the important contributions of its women to social development. In October 2025, China and UN Women co-hosted the Global Leaders’ Meeting on Women in Beijing. Leaders and heads
Egypt has once again cemented its position as Africa’s leading destination for foreign direct investment (FDI), maintaining the top spot on the continent for a fourth consecutive year. According to the country’s Minister of Investment and Foreign Trade, Mohamed Farid Saleh, Egypt attracted US$15.5 billion in FDI inflows, underscoring growing
Brazil’s ruling Workers’ Party (PT) on Sunday officially nominated incumbent President Luiz Inacio Lula da Silva as its candidate for the upcoming presidential election as he seeks a fourth term in office. At the party’s national convention in Sao Paulo, delegates formally approved the ticket pairing Lula with incumbent Vice