Discovery Health to take on the cost of a claims system error that led to the overpayment of certain claims in 2025

Discovery, a South African financial services and private healthcare group, says it will absorb the cost of a claims system error that resulted in the overpayment of certain Above Threshold Benefit (ATB) claims in 2025, affecting more than 16 500 members. The announcement follows the company’s noti…

Pep and FNB offer relief to South African parents through a heavily discounted school shoe promotion

The school year began on Wednesday in South Africa, and for many families, the cost of school uniforms remains a major financial burden. Retailer Pep and banking group First National Bank (FNB) say they are offering relief through a heavily discounted school shoe promotion. However, questions rema…

The Association of Communications and Technology wants Netflix, WhatsApp and YouTube to help cover the costs of South Africa's network infrastructure

The Association of Communications and Technology (ACT), an industry body representing telecom companies including Cell C, Liquid, MTN, Rain, Telkom and Vodacom, is calling on over-the-top (OTT) services such as Netflix, WhatsApp and YouTube to help cover the costs of South Africa's network infrastr…

The WEF Global Risks Report 2026 highlights deepening geopolitical divides alongside rapid technological and societal shifts

The World Economic Forum (WEF), in partnership with Marsh and Zurich Insurance Group, has released the Global Risks Report 2026, which highlights that global business leaders are confronting mounting challenges as deepening geopolitical divides, coupled with rapid technological and societal shifts,…

Nigeria set to adopt comprehensive legal framework for artificial intelligence

Nigeria is on course to become one of the first African countries to adopt a comprehensive legal framework for artificial intelligence. The National Assembly is moving closer to passing a landmark technology law that could significantly reshape digital governance across the economy. Lawmakers are …

Inflation rate in Malawi starts to slow down, offering some relief to households after a difficult year

Malawi’s inflation rate eased to 26.0% in December 2025, down from 27.9% in November, marking its lowest level since January 2023 as overall price pressures began to subside. The slowdown was largely driven by a sharp decline in food inflation, which fell to 26.5% from 30.1% in the previous month. …

Absa looks into how Africa can turn fragmented mineral belts into coherent regional value chains

Africa holds nearly a third of the world’s reserves of critical minerals essential for the global energy transition, yet fragmented industrial strategies risk undermining this advantage. This is according to a thought leadership piece by Absa on how Africa can turn fragmented mineral belts into coh…

Nigeria's National Bureau of Statistics to revise inflation calculation methodology

Nigeria’s National Bureau of Statistics (NBS) is set to revise its inflation calculation methodology after acknowledging that last year’s rebasing exercise could make December’s year-on-year inflation rate appear artificially elevated. The rebasing, the first in 15 years, was adopted in December 2…

SA Agriculture Minister calls for foot-and-mouth disease outbreak to be declared a state of disaster

South Africa’s Minister of Agriculture, John Steenhuisen, says the ongoing foot-and-mouth disease outbreak should be declared a state of disaster to enable stronger measures, including law enforcement support, to control animal movement. Speaking to the media, Steenhuisen says KwaZulu-Natal, Gauten…

BP, Sasol apply for 105% tariff increase for their petroleum storage facility for the 2026 financial year

Petroleum companies BP and Sasol have applied to the National Energy Regulator of South Africa (Nersa) for a 105% tariff increase for their petroleum storage facility for the 2026 financial year. In their submission, the companies point to a sharp decline in fuel consumption over the past decade, w…