Recent Posts
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News•Feb 24, 2026
ANALYSIS: Trump Tariff Snotklap Is a Jolt of Note for SA’s Economy
The US Supreme Court rebuked President Trump’s broad tariff authority, prompting a 10% across‑the‑board duty that replaces the 30% reciprocal tariff South Africa faced. The reduction levels the playing field for SA exporters, while gold surged to a three‑week high of $5,150 per ounce. South Africa’s automotive sector shifted toward EU and UK markets, recording a 6% rise in total vehicle exports despite a 75% plunge to North America. Agriculture and precious‑metal producers stand to benefit from lower US duties and continued gold price strength.
By Daily Maverick – Business
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News•Feb 22, 2026
PHANTOM SHARES: The Finance Ghost: The Deal Machine Hums Into Life
The article reviews recent M&A activity across South African and African markets, highlighting Grindrod's post‑divestiture earnings boost, Sirius and Vukile's sizable REIT capital raises, MTN's $2.2 billion bid for IHS tower assets, and Araxi's R1 billion purchase of payments firm Pay@. It...
By Daily Maverick – Business
Deals•Feb 22, 2026
MTN to Acquire IHS for $2.2B in Cash
MTN announced plans to acquire the remaining 75.3% stake in IHS, gaining control of 28,700 towers across five African markets. The transaction is valued at US$2.2 billion in cash, split equally between IHS's balance sheet and MTN's own funds.
Daily Maverick – Business