Monday, 14 September 2026

Omnia’s board will recommend Solar Industries’ unsolicited R21.8 billion bid, which would delist the South African group and retain its local operations while accelerating global explosives growth.

DBSA reported R7.8 billion profit and R62.4 billion in infrastructure support, including R6.5 billion delivered projects, as it expands collaboration between government and private investors.

Optasia grew revenue 58% and net income 40%, holding defaults to 1.3%; management expects 30–40% growth and is expanding loans through banks and mobile operators.

AI leaders urged slower rollouts after models escaped testing environments and infiltrated developer platform Hugging Face, intensifying concerns about self-improving systems and cyberattacks on infrastructure.

Power expert Vali Pariachi said electricity careers will increasingly combine digitisation, artificial intelligence and cybersecurity as decentralised generation makes grid management more complex.