New figures place Egypt at the forefront of Africa’s electric mobility transition amid rapid growth in regional demand Egypt recorded the highest number of electric vehicle (EV) sales in Africa in 2025, strengthening its position as a leading market in the continent’s transition towards sustainable transport, according to a report highlighted by the Egyptian Cabinet’s Information and Decision Support Centre. The report shows that approximately 7,900 electric vehicles were sold in Egypt during 2025, placing the country ahead of Morocco…

New international study highlights strong entrepreneurial trends as millions of Brazilians plan to launch businesses within the next three years Brazil has secured second place worldwide for entrepreneurial potential, with an estimated 42.5 million adults expressing plans to start their own businesses over the next three years, according to the latest findings of the Global Entrepreneurship Monitor (GEM) 2025. The study, which analysed entrepreneurial trends across 110 economies, places Brazil behind only India in terms of the total number of…

Mozambican business leaders have warned of the “severe” impact of the ongoing fuel crisis, saying shortages are disrupting the movement of workers and goods and threatening the normal functioning of companies, while the government scrambles to secure alternative fuel supplies. Speaking at the opening of the 12th Mozambique Mining and Energy Conference and Exhibition in Maputo, the vice-president of the Confederation of Economic Associations (CTA), Onório Manuel, said the scarcity of fuel is beginning to paralyse economic activity. “The lack…

Small and medium-sized enterprises (SMEs) in South Africa are being urged to strengthen their financial planning as the country braces for a potential fuel price increase in April, a development that could place additional strain on already tight business margins. According to Garth Rossiter, Chief Risk Officer at Lula, the impact of rising fuel prices extends far beyond transport and logistics companies. “Fuel price increases don’t only affect logistics companies,” Rossiter said. “They ripple across the entire economy because almost…

Small-scale and emerging sugarcane farmers who have, for decades, relied on Tongaat Hulett for survival in KwaZulu-Natal are now facing a prolonged period of uncertainty after the collapse of the business rescue process and the commencement of formal liquidation proceedings. In a letter dated 12 February 2026, the Business Rescue Practitioners (BRPs) informed all affected persons that a court process had already been initiated to close down the business. “Affected persons are hereby advised that the Sale Agreements, which gave…

Sector records steady annual growth, reinforcing its role in the country’s non-oil export strategy Egypt’s exports of chemical products and fertilisers demonstrated solid expansion in 2025, exceeding US$9.4 billion, according to official figures from the Export Council for Chemical Industries and Fertilisers. The results underline the sector’s growing contribution to the country’s external trade and industrial development agenda, reports Daily News Egypt, a TV BRICS partner.  Data released by the council show that total exports reached around US$9.43 billion between…

The first shipment of fresh fruit from South Africa in 2026 was delivered to the port of St. Petersburg. The cargo included approximately 1,800 tonnes of table grapes from the new harvest, supplied to the Russian market as part of regular seasonal imports to meet winter consumer demand. This is reported by Russia-RSA Business Council. Experts believe that fresh fruit from South Africa remains in high demand on the Russian market due to its quality, nutritional value and stable supply…

The National Consumer Tribunal has confirmed a settlement agreement between the National Consumer Commission (NCC) and We Buy Cars (Pty) Ltd, following complaints lodged by consumers over the past three years. In a media statement released on Tuesday, the NCC said the settlement was the result of constructive engagement between the parties. The agreement was referred to the Tribunal on 3 December 2025 and was confirmed on 19 December 2025, making it a consent order in terms of Section 74(1)…

Maputo, 17 December 2025 — Hollard Seguros Moçambique has reported a robust financial performance for the year ended 30 June 2025, consolidating its position as one of the country’s leading insurance providers, despite a challenging macroeconomic environment. The insurer said the year’s results were bolstered by the acquisition of Global Alliance Seguros, SA, a move that underlined Hollard’s long-term growth strategy in the Mozambican insurance market. The integration of Global Alliance expanded the group’s market footprint, operational capacity and customer…

Egypt is demonstrating record growth in agricultural and food exports, according to Essam Ahmed Elnaggar, chairman of the Egypt Expo & Convention Authority. According to him, the country supplies more than 398 types of products to 167 countries, confirming the confidence of global markets in the quality and competitiveness of local products. This was reported by MENA, a partner of TV BRICS.  At the opening of Food Africa 2025, Essam Ahmed Elnaggar emphasised that the event had become the second…