Between geopolitics and AI, global economic outlook hangs in balance

Between geopolitics and AI, global economic outlook hangs in balance

The global economic outlook has deteriorated sharply in recent weeks, according to the latest edition of the World Economic Forum’s Chief Economists’ Outlook. Nearly nine in 10 chief economists surveyed expect global growth to weaken over the next 12 months, reversing...

Africa’s growth holds firm amid global turbulence

Africa’s economies are projected to grow at 4,2% in 2026, moderating slightly from 4,4% in 2025, before rebounding to 4,4% in 2027. The findings of the 2026 African Economic Outlook from the African Development Bank Group underscore the continent’s continued...

Consumers want AI to help with shopping, not make purchase decisions

As brands race to invest in agentic commerce, consumer willingness to let artificial intelligence (AI) make purchase decisions topped out at 11% across lower-stakes categories, such as personal care and household supplies, according to Gartner. The findings suggest...

IBM and Red Hat commit $5bn to redefine open source in the AI era

IBM and Red Hat have announced Project Lightwell, a $5-billion commitment backed by new frontier AI capabilities and a global force of more than 20 000 engineers to help enterprises secure open source software. Together, these investments establish a new model for...

Cost-of-living squeeze deepens

South African households are entering a more constrained financial period, as the modest momentum seen at the end of 2025 comes under pressure from rising living costs. According to TransUnion’s latest insights, increases in fuel prices, renewed food inflation, and...

Air cargo demand up amid Middle East disruptions

International Air Transport Association (IATA) data for April 2026 global air cargo markets shows that total demand, measured in cargo tonne-kilometers (CTK), increased by 4% compared to April 2025 levels. However, capacity, measured in available cargo...