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135 Companies Shut Down in South Africa — Is This Just the Beginning?

South Africa company closures 2026 SMEs crisis economic downturn and business shutdowns

South Africa’s corporate sector is showing signs of deepening stress as 135 companies shut down in February 2026, highlighting growing economic strain across key industries. While official data from Statistics South Africa points to a slight year-on-year decline in total…

  • Published by ttybrandafrica
  • April 10, 2026
  • News

Moroccan-Born Trader Hamza Lemssouguer Builds $20 Billion Hedge Fund in London

A remarkable African success story is unfolding in global finance as Moroccan-born trader Hamza Lemssouguer rapidly builds one of Europe’s most talked-about hedge funds. In just four years, his firm Arini Capital has surged to $20 billion in assets under…

  • Published by ttybrandafrica
  • April 10, 2026
  • News

Ethiopia Wins $850 Million Arbitration Cases, Strengthens Global Legal Standing and Investment Protection

Ethiopia has secured a landmark legal victory after successfully defending two major international arbitration cases valued at more than $850 million. The Ministry of Justice confirmed the rulings, describing them as a strong endorsement of the country’s regulatory authority and…

  • Published by ttybrandafrica
  • April 10, 2026
  • News

Uber Commits $300 Million Investment in South Africa to Boost Mobility

Global ride-hailing leader Uber has unveiled a major $300 million (R5 billion) investment plan in South Africa, signaling renewed confidence in Africa’s largest and most industrialized economy. The move strengthens Uber’s long-term strategy to expand mobility, delivery services, and digital…

  • Published by ttybrandafrica
  • April 10, 2026
  • News

France Turns to Botswana for Uranium After Niger Crisis

France has intensified efforts to secure uranium supplies from Botswana after losing access to critical mining assets in Niger, signaling a major shift in Europe’s nuclear energy strategy. The move comes as global competition for uranium accelerates and energy security…

  • Published by ttybrandafrica
  • April 10, 2026
  • Global News

Universal Music Hit with $64.3bn Takeover Bid as Industry Faces AI and Streaming Shake-Up

The global music industry entered a new phase after Universal Music Group received a massive $64.3bn takeover offer from Pershing Square, the investment firm led by billionaire Bill Ackman. The proposed deal could reshape the future of music, especially as…

  • Published by ttybrandafrica
  • April 9, 2026
  • News

Uganda Faces Debt Pressure as Opposition Demands Urgent Budget Reforms

Uganda’s opposition leaders have intensified pressure on the government, warning that the country’s growing debt burden could destabilize the economy and weaken public services. As debates around the 2026/27 national budget gain momentum, concerns continue to mount over fiscal sustainability…

  • Published by ttybrandafrica
  • April 9, 2026
  • Industry News

South Africa’s Rising Electricity Tariffs Threaten Manufacturing Growth and Investment

South Africa’s industrial ambitions face a fresh threat as electricity tariffs continue to rise, putting pressure on manufacturers and raising concerns about long-term competitiveness in global markets. Industry leaders now warn that energy costs could derail growth plans and weaken…

  • Published by ttybrandafrica
  • April 9, 2026
  • News

Afreximbank Backs Dangote’s $100bn Vision 2030 Expansion Plan Across Africa

Africa’s industrial transformation is gaining fresh momentum as the African Export-Import Bank steps up support for the Dangote Group in its bold push toward a $100 billion annual revenue target by 2030. The announcement signals a major shift in Africa’s…

  • Published by ttybrandafrica
  • April 9, 2026
  • News

President John Mahama Headlines Africa Debate 2026 as Ghana-UK Investment Ties Surge

President John Dramani Mahama is set to headline The Africa Debate 2026 in London, reinforcing Ghana’s growing influence in global investment conversations while deepening economic ties between Ghana and the United Kingdom. The major announcement comes as Invest Africa unveils…

  • Published by ttybrandafrica
  • April 9, 2026
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