RC 261105SAfm
Thursday, 5 November 2026
Coalition talks in South Africa's metros dominated the evening, while Oracle's abandoned AI deal and South Africa's removal from AGOA framed the business agenda.
- 18:01
Most of South Africa's metros are expected to begin coalition talks soon, with only Cape Town likely to see an outright majority government, according to a prediction model cited by SABC analyst Susan Boysen.
- 18:28
South Africa has been removed from AGOA trade benefits and can appeal. President Ramaphosa is optimistic about re-engaging Washington after the US midterms, though former ambassador Kingsley Makobela is less hopeful.
- 18:18
Oracle is abandoning a $7 billion AI transaction with Tencent, a five-year deal that Business Day economist Mudiwa Gavaza says could set a precedent for cloud providers leasing US hardware to Chinese firms.
- 18:45
Medicine price increases of 1.47% in December and 2.8% in October add up to about 2%, well below inflation, which the Pharmaceutical Task Group chair says is driving supply constraints in the medicines market.