South Africa recorded foreign direct investment inflows of 49.8 billion rand ($3.03 billion) in the second quarter of 2026, up from 20.3 billion rand in the previous quarter, the central bank said on Tuesday. https://t.co/6W1qybCFRS
ABSA MAKES AFRICAN BANKING HISTORY
Absa has become the first bank in Africa to receive regulatory approval and launch an institutional digital asset custody service.
The new offering enables institutional and large business clients to securely store, manage and transfer digital assets within a regulated banking environment.
In combining its established custody expertise with advanced digital asset technology, Absa joins a select group of global banks offering this service.
Full story - https://t.co/q7g4ZoBZXQ
Pictured - Rob Downes, Head of Digital Assets at Absa CIB
Introducing Griffin, the first model to pass the video Turing test.
48% of people who talked to it live thought it was a real human. Previous systems have had a pass rate <3%. It is #1 on NVIDIA's benchmark for full-duplex AI video.
It’s the first Human Interaction Model (HIM).
UCT remains the number 1 university in Africa in the Times Higher Education World University Rankings released on 30 September 2026. #UCTBestInAfrica#WeHaveTHEReceipt
WATCH | Home Affairs Minister Dr Leon Schreiber says production of the green ID book will end on 31 March 2027, with a 12-month transition period for South Africans to migrate to Smart IDs. After 31 March 2028, green ID books will no longer be recognised.
🗣️𝗣𝗲𝗿𝘀𝗼𝗻 𝗔:
We have a supply shock. Fuel and food prices are through the roof because of global production shortages.
What should we do?
💡𝗣𝗲𝗿𝘀𝗼𝗻 𝗕::
“𝘓𝘦𝘵'𝘴 𝘳𝘢𝘪𝘴𝘦 𝘪𝘯𝘵𝘦𝘳𝘦𝘴𝘵 𝘳𝘢𝘵𝘦𝘴”.
🗣️𝗣𝗲𝗿𝘀𝗼𝗻 𝗔::
Wait, will raising interest rates drill more oil or grow more wheat?
💡𝗣𝗲𝗿𝘀𝗼𝗻 𝗕:
“𝘈𝘣𝘴𝘰𝘭𝘶𝘵𝘦𝘭𝘺 𝘯𝘰𝘵”.
“𝘉𝘶𝘵 𝘪𝘧 𝘸𝘦 𝘮𝘢𝘬𝘦 𝘮𝘰𝘳𝘵𝘨𝘢𝘨𝘦𝘴 𝘢𝘯𝘥 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘭𝘰𝘢𝘯𝘴 𝘦𝘹𝘱𝘦𝘯𝘴𝘪𝘷𝘦 𝘦𝘯𝘰𝘶𝘨𝘩, 𝘱𝘦𝘰𝘱𝘭𝘦 𝘸𝘰𝘯'𝘵 𝘣𝘦 𝘢𝘣𝘭𝘦 𝘵𝘰 𝘢𝘧𝘧𝘰𝘳𝘥 𝘧𝘰𝘰𝘥 𝘰𝘳 𝘧𝘶𝘦𝘭 𝘢𝘯𝘺𝘸𝘢𝘺”
“𝘗𝘳𝘰𝘣𝘭𝘦𝘮 𝘴𝘰𝘭𝘷𝘦𝘥! 𝘋𝘦𝘮𝘢𝘯𝘥 𝘥𝘳𝘰𝘱𝘴”.
🗣️𝗣𝗲𝗿𝘀𝗼𝗻 𝗔::
Brilliant. We’ll crush consumer purchasing power so nobody notices the supply shortage.
Let’s do it.