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News

Business Day
businessday.co.za > world > international-companies > 2026-08-16-us-to-tell-allies-they-must-pick-sides-in-ai-race-with-china

US to tell allies they must pick sides in AI race with China

2+ hour, 4+ min ago   (477+ words) Washington in 2025 launched the Pax Silica initiative, aimed at securing supply chains for AI models, semiconductors and critical minerals amid a fierce technology rivalry with Beijing. About two dozen countries have joined, including Kazakhstan, a key potential source of critical…...

Business Day
businessday.co.za > world > international-companies > 2026-08-16-german-companies-cut-us-investment-to-three-year-low-amid-trump-uncertainty

German companies cut US investment to three-year low amid Trump uncertainty

2+ hour, 8+ min ago   (300+ words) Berlin — German companies slashed investments in the US to a three-year low in the first half of 2026 as Trump administration policies fed uncertainty between the transatlantic trading partners. First-half direct investments plunged by nearly two-thirds year-on-year to €4.3bn, the lowest level…...

Business Day
businessday.co.za > world > international-companies > 2026-08-16-anthropics-ipo-valuation-hinges-on-revenue-forecasts-two-years-ahead

Anthropic’s IPO valuation hinges on revenue forecasts two years ahead

2+ hour, 20+ min ago   (735+ words) New York — As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on…...

Business Day
businessday.co.za > sport > soccer > 2026-08-16-coach-da-cruz-praises-phili-after-chiefs-hold-sundowns

Coach Da Cruz praises Phili after Chiefs hold Sundowns

1+ hour, 43+ min ago   (419+ words) Coach Fernando da Cruz hailed the performance of Lingelihle Phili who capped his impressive start at Kaizer Chiefs with a goal in their 1-1 draw with Mamelodi Sundowns in their Premier Soccer League match at FNB Stadium on Saturday. Phili opened…...

Business Day
businessday.co.za > sport > cricket > 2026-08-16-bangladesh-shock-australia-in-historic-test-upset

Bangladesh shock Australia in historic Test upset

2+ hour, 31+ min ago   (596+ words) Bangladesh chased down 57 runs to complete a landmark nine-wicket victory over Australia in the series opener in Darwin on Sunday, in one of Test cricket’s greatest upsets. Mominul Haque cut Beau Webster to the fence to seal Bangladesh’s first Test…...

Business Day
businessday.co.za > news > 2026-08-16-australia-gun-buyback-to-start-in-november-pm-albanese-says

Australia gun buyback to start in November, PM Albanese says

6+ hour, 55+ min ago   (283+ words) Australia’s New South Wales state will start a gun buyback in November, Prime Minister Anthony Albanese said on Sunday, part of the national response to a shooting spree that killed 15 people at a Jewish festival in Sydney, the state capital....

Business Day
businessday.co.za > news > 2026-08-16-hangwani-maumelas-r10m-ferrari-to-be-sold

Hangwani Maumela’s R10m Ferrari to be sold

9+ hour, 41+ min ago   (108+ words) businessday.co.za Hangwani Maumela’s R10m Ferrari to be sold Special Tribunal authorises sale of supercar belonging to Hangwani Maumela, a central figure in the alleged looting of more than R2bn at Tembisa Hospital A Ferrari SF90 hybrid supercar worth more than R10m belonging…...

Business Day
businessday.co.za > news > 2026-08-16-how-sas-economic-squeeze-is-fuelling-a-burnout-crisis

How SA’s economic squeeze is fuelling a burnout crisis

9+ hour, 41+ min ago   (123+ words) Business Day How SA’s economic squeeze is fuelling a burnout crisis Rising living costs, job insecurity and relentless workplace demands are leaving employees depleted — but too afraid to walk away South Africans are running on empty and are psychologically distressed…...

Business Day
businessday.co.za > business-times > 2026-08-15-ayesha-hatea-the-auto-market-is-changing-gear-into-a-value-driven-era

AYESHA HATEA | The auto market is changing gear into a value-driven era

16+ hour, 35+ min ago   (552+ words) Over the past decade, discussions about South Africa’s automotive sector have centred on familiar metrics: vehicle sales, market share and production volumes. While these indicators remain important, they no longer tell the full story. South Africa entered 2026 from a position…...

Business Day
businessday.co.za > business-times > 2026-08-15-tracy-wessels-how-women-are-branching-out-in-the-bioeconomy

TRACY WESSELS | How women are branching out in the bioeconomy

16+ hour, 43+ min ago   (730+ words) Every day, my role requires me to look at our business through two very different lenses. On one hand, I sit in boardrooms and speak with global investors who analyse our performance through balance sheets, ESG targets and the hard…...