Chip stocks to stay wild

Wild swings in global chip stocks are likely to continue until markets know where US interest rates are heading and who controls Congress after the midterms. This is the warning from Nigel Green, CEO of deVere Group as the turmoil spread from Wall Street to Asia on...

Smartphone shipments tank, with worse to come

The global smartphone market shrank 22.0% year-on-year to 255,3-million units in the third quarter of 2026 (3Q26), according to the preliminary data from IDC Research (IDC) Worldwide Quarterly Mobile Phone Tracker, Shipments tanked 22% year-on-year (YoY) in 3Q26,...

Google funds UCT to accelerate AI platform

The University of Cape Town (UCT) has secured $1,6-million (approximately R26,4-million) from Google.org to develop an artificial intelligence (AI)-powered platform that could help doctors make safer, more effective treatment decisions for African patients by mapping...

$3,5trn of AI infrastructure spend risks being exposed to impairment

More than $3,5-trillion of AI infrastructure spending could be exposed to impairment by the end of 2030, if AI providers continue their current pace of capital spending, according to Gartner. “In 2026, AI providers are expected to spend nearly $1-trillion on AI...

Local insurance industry resilient, but risks are evolving

South Africa’s insurance industry delivered strong financial results in 2025, supported by solid capital positions, improved profitability across key segments, and favourable investment conditions, says KPMG. However, its latest South African Insurance Industry...

Climate risks are SA’s next economic challenge

For much of the past two years, economists, policymakers, and businesses have focused on familiar risks: inflation, interest rates, geopolitical tensions, and slowing global growth, writes Aroni Chaudhuri, chief Africa economist at Coface. Yet one of the more...