Thursday, 17 September 2026

Momentum reported record normalised headline earnings of R7 billion a year early, with all 10 business units profitable and five each exceeding R1 billion.

The Constitutional Court invalidated the Public Procurement Act over inadequate public participation; experts said Parliament could repass it, but broader procurement reform is more likely.

US-backed investment in South African data centres was described as a strategic endorsement of the country’s digital-hub potential, while raising questions about sovereignty, security and control.

Investment experts warned that historical performance cannot predict the future: clean data, market regimes, survivorship bias and human judgement all materially affect back-tested results.

Foldable phones were framed as expensive productivity devices, combining phone and tablet functions; prices ranging from roughly R25,000 to R60,000 remain their biggest barrier.