Author: Business Enquirer
South Africa is witnessing a fresh surge of informal gold prospecting in and around the former mining town of Springs, east of Johannesburg, where residents are digging in back yards and vacant fields after reports of gold deposits sparked a local “gold rush”. This grassroots surge in artisanal mining reflects deeper socioeconomic pressures in a country marked by persistent unemployment, inequality and rural-urban migration. What’s Driving the Gold Fever? According to summaries of reporting linked to the BBC’s latest coverage, dozens of residents — many from low-income communities — have been excavating soil and land surrounding old cattle enclosures and…
In a landmark performance for the employee-owned contractor Kilnbridge, annual financial results released in February 2026 show the company achieving a surge in both turnover and profit, marking its most successful year to date in the UK construction sector. Despite recent industry headwinds, the firm’s performance underscores resilience and the strategic value of its employee-owning structure. A Record Financial Performance The latest financial results confirm that Kilnbridge recorded significant increases in both revenue and earnings, driven by strong project delivery across key infrastructure and engineering segments. Although exact figures from the reporting period were not publicly disclosed in full due…
Major shareholders in Siemens Energy AG are rallying behind the company’s leadership, advocating for a strengthened wind turbine division rather than an immediate spin-off — a debate that has intensified as the unit struggles with losses and strategic direction. The Debate at the Annual General Meeting At the company’s upcoming shareholders’ meeting on 26 February 2026, top investors are expected to discuss the future of the company’s wind turbine arm, Siemens Gamesa Renewable Energy — a division that has been incurring significant losses and structural challenges. In recent months, activist investor Ananym Capital has pushed for a spin-off or potential…
Nigeria’s digital economy has entered a critical flashpoint following the launch of a formal investigation into Chinese-owned e-commerce giant Temu by the Nigeria Data Protection Commission (NDPC), amid suspected violations of the country’s data protection law. The probe — driven by concerns around data collection, transparency, surveillance and cross-border data transfers — signals rising scrutiny of global platforms operating in emerging markets. What Triggered the Investigation? On 17 February 2026, the NDPC publicly announced a formal inquiry into Temu’s data-handling practices under the Nigeria Data Protection Act (NDP Act), 2023, citing potential breaches including: The commission’s leadership emphasised that any…
India’s meteoric rise as a global solar power producer — a transformation driven by bold industrial policy and ambitious clean energy targets — is now facing a new challenge: overcapacity that threatens the sector’s near-term growth and financial stability. Recent analysis by Bloomberg highlights how the solar manufacturing boom, once celebrated as a cornerstone of India’s energy transition, is now producing excess supply that outweighs demand and export opportunities, leading to what industry analysts describe as a structural glut. From Rapid Expansion to Supply Surplus Over the past several years, India has rapidly expanded its solar manufacturing footprint, supported by…
In a landmark move aimed at turbo-charging clean energy cooperation and investment flows across the Atlantic, the United Kingdom and the State of California have signed an ambitious new Memorandum of Understanding (MoU) that deepens decades-long collaboration on climate, decarbonisation and sustainable technology. The formal agreement was signed in London by UK Energy Secretary Ed Miliband and California Governor Gavin Newsom, marking a renewed commitment to clean power innovation, joint research and economic ties. The pact — officially framed as the UK–California Climate and Energy Agreement — builds on existing cooperation between the UK government and one of America’s most…
The UK construction industry is gearing up for one of the most significant procurement exercises in its history. A massive new public sector construction framework — with an estimated £120 billion ceiling of projects over the next decade — is due to open for tender in March 2026, signalling a strategic consolidation of government procurement and a potential surge in public building work across the country. Known officially as Construction Works and Associated Services 3 (CWAS3, reference RM6320), this framework is being launched by the Crown Commercial Service (CCS) to unify multiple existing public construction procurement routes under a single,…
In a striking sign of Southeast Asia’s aviation resurgence, China has emerged as the dominant driver of Cambodia’s flight traffic growth, outpacing traditional markets such as Japan, Turkey, India and South Korea. This development highlights both the rapid rebound of cross-border travel after the pandemic and Cambodia’s increasing role on the global aviation map. According to data reported by Travel And Tour World, Cambodia recorded an average of 1,468 weekly flight movements in February 2026, a clear signal that the sector is thriving. The surge in flight activity is being fuelled by an uptick in Chinese tourist demand and expanding…
In Mayfair, excess is an art form. But even by London’s most extravagant standards, Bacchanalia feels like something else entirely — not just a restaurant, but a staged spectacle of indulgence. Inspired by the mythology and decadence of ancient Greece and Rome, Bacchanalia does not flirt with theatricality. It commits to it. From the moment you step inside, the tone is set: towering classical statues stand sentinel between tables, sweeping staircases frame the dining rooms like a grand opera set, and glittering chandeliers wash marble and gilded accents in warm, flattering light. The space does not whisper luxury — it…
Hosted by Shell and held in partnership with Moeve, Fluor, Gasunie, The International Association of Oil & Gas Producers, Repsol, Spiecapag and Germany Trade and Invest, DECARBON 2026 centred on practical decision-making at the intersection of policy, technology and implementation across the oil and gas value chain in Vösendorf, Austria. On 9 February, the first day opened with an Executive Opening Panel that set the strategic context for DECARBON by linking emissions targets with the operational capabilities required to deliver them. Drawing on perspectives from Petro IT, Shell Austria, Saipem SpA, Austrian Gas Grid Management AG, Chromalox, NEUMAN & ESSER…