Cryptocurrencies launched by Donald and Melania Trump have angered some digital currency advocates and sparked fresh allegations of leveraging the presidency for profit.

Britain forced out the chair of its antitrust regulator after he failed to prioritise its growth agenda, replacing him with a former Amazon boss, in a sign the UK’s attempt to rein in big tech could be over.

The December consumer inflation rate of 3.0% was cooler than expected, while slightly hotter than November (2.9%).

China installed a record amount of renewable energy last year, data from the National Energy Administration showed.

Newly inaugurated US President Donald Trump has rescinded a Biden administration executive order that established oversight measures for companies developing influential AI models.

An overview of the biggest business developments in SA and beyond.

The new stretch of the Suez Canal near Egypt’s Little Bitter Lake will be operational in the first quarter of this year, the chairperson of the canal authority Osama Rabie said on Tuesday.

Shares in Clicks initially fell more than 4% on Tuesday amid weaker-than-expected group turnover and retail sales, even as it grew volumes and continued to gain market share.

Africa’s most populous nation Nigeria has hiked mobile tariffs by up to 50%, with the first increase in over a decade following lobbying efforts from MTN amid currency pressures and elevated inflation.

Pure-play coal miner Thungela Resources said on Tuesday it has appointed De Beers Managed Operations CEO Moses Madondo as its CEO designate with effect from 1 August.

Brazil, the world’s largest coffee producer and exporter, experienced its hottest year on record in 2024 and a record number of forest fires.

South Africa may be able to regain an investment-grade credit rating within two years, Finance Minister Enoch Godongwana said.

An overview of the biggest business developments in SA and beyond.

The parliament reconvenes next week to process a host of outstanding legislation that will have a major bearing on business and the economy.

News24 has learnt that the Pietermaritzburg High Court heard Ithala’s urgent application to challenge its provisional liquidation on Friday, but postponed proceedings until 28 January to give the Prudential Authority time to respond.

An overview of the biggest business developments in SA and beyond.

The repeated failure of state-owned entities over the last 30 years proves that South Africa’s government has no place running anything more complicated than a bath, writes Garth Theunissen.

Sasol is looking to revive its international chemical business, including a sprawling US complex, to boost earnings and open up an option to potentially list it, according to the company’s chief executive officer.

Glencore approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer active, a person familiar with the matter said.

The committee also plans to invite the Financial Sector Conduct Authority to discuss ratios of consumption credit versus productive credit per bank, bank charges and client confidentiality, among other things.

The SA Reserve Bank’s Prudential Authority has applied to the Pietermaritzburg High Court for the provisional liquidation of Ithala SOC Limited, the development finance agency wholly owned by KwaZulu-Natal province.