• Bidcorp posts a jump in earnings despite global headwinds 

• 2. Motus benefits from increased new vehicle sales in SA
• 3. Market update

 

Operations at Ekapa Minerals in Kimberley have been halted after the company was placed under liquidation, following last week’s deadly mud rush incident that left five miners trapped nearly 900 metres underground.

Guest: Maritsa Coetzee: the spouse of one of the trapped workers 

 

• Minister Godongwana delivers a market positive budget

• 2. Higher pgm prices boost Valterra
• 3. Market update

 

 

South Africa’s 2026 Budget, delivered by Enoch Godongwana in Cape Town, signals cautious optimism for the country’s finances. With economic growth forecast to reach about 2% by 2028 and public debt expected to stabilise in 2025/26 before declining thereafter, government has avoided major personal tax hikes while increasing spending on infrastructure and social services.

Guest: Martin Kingston: chairman of the steering committee of Business 4 South Africa. 

 

 

 

 

Finance Minister Enoch Godongwana has warned municipalities to return to the core principle of fiscal integrity: revenue collected for essential services like water and electricity must first be reinvested in those services before being diverted elsewhere.

Guest: Benoit Le Roy: co-founder of the SA Water Chamber from Cape Town 

 

26 February 2026

1.    Zimbabwe- Harare

Zimbabwe bans all raw mineral exports with immediate effect

Zimbabwe has imposed an immediate freeze on exports of all raw minerals and lithium concentrate, the mines ministry announced yesterday, tightening state control over resources critical to global clean-energy and defence industries.

"Government expects cooperation of the mining industry on this measure, which has been taken in the national interest," Mines Minister Polite Kambamura said in a statement.

The ban covers all raw minerals already in transit and remains in place until further notice.

2.    Angola – China 

Angola's state oil firm Sonangol seeks $4.8 billion loan from China for refinery

- Angola's state oil company Sonangol is talking to Chinese financial institutions to secure a $4.8 billion loan to partly finance the construction of a new refinery in the Atlantic sea port of Lobito.

The company was engaging with "financial institutions in China" to secure funding for one phase of the $6.2 billion, Sonangol's CEO Sebastiao Gaspar Martins told a news briefing

 

3.    Kenya - Zimbabwe

Kenya Expels Zimbabwean Lawyer Brian Kagoro Over Alleged Role in Funding Protests

Kenya has expelled Zimbabwean constitutional lawyer and civic advocate Brian Bright Kagoro, alleging he was involved in an externally financed effort to trigger political unrest through organised protests.

Immigration officials declared Kagoro persona non grata and escorted him out of the country via Jomo Kenyatta International Airport late Sunday after subjecting him to several hours of questioning.

 

1. In our historical archives, it was on this day, 26 February 1996, when Former apartheid era Minister of Law and Order, Adriaan Vlok, applied to the Truth and Reconciliation Commission (TRC) for amnesty for his role in the bombing of a trade union headquarters in Johannesburg in 1987.

 

A senior judge of the Free State High Court, Mpina Mathebula, is standing trial on serious criminal charges linked to the alleged misappropriation of more than R3 million intended for a minor road accident victim. The case — now before the Kroonstad Specialised Commercial Crimes Court — has triggered parallel scrutiny from the Judicial Service Commission(JSC), raising profound questions about judicial accountability, ethics and public confidence in the courts.  

Guest: Mbekezeli Benjamin: Research and Advocacy Officer of the Judges Matter  

 

• Nvidia delivers market beating Q4 earnings

• 2. Octodec sells Killarney mall
• 3. Market update

 

Four years after Russia’s full-scale invasion, Ukrainian President Volodymyr Zelenskyy declared that Moscow has failed to “break Ukrainians” or achieve victory.

Guest: Everisto Benyera: Professor of African Politics: UNISA 

 

 

Minister of Finance, Enoch Godongwana, will table the 2026 Budget Speech in Parliament today, today, 25 February 2026. Equal Education Law Centre  says government must stop sacrificing education at the altar of austerity

Guest: Daniel Peter Al-Naddaf: Legal Researcher, Equal Education Law Centre