News Bulletin of 27 October 2025, 11am

Headline 1
Economist says SA's removal from grey list will help improve investor confidence
Story 1
North-West University Business School economist, Professor Raymond Parsons says South Africa’s removal from the grey list will help to improve investor confidence and reduce the costs associated with overseas financial transactions.
The Financial Action Task Team announced the removal of South Africa following extensive reforms and collaboration across government, regulators, and the financial sector to strengthen the integrity of the country’s financial system.
Parsons says this is good news for the economy and is a confidence-building factor at a critical time in the business cycle:
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Story 1 category
Headline 2
DUT to host global GISU Urban Innovation and Entrepreneurship Competition
Story 2
The Durban University of Technology will host the grand finale of the global GISU Urban Innovation and Entrepreneurship Competition next week.
This is in partnership with the Alliance of Guangzhou International Sister-City Universities.
The prestigious competition comprises students from 28 universities representing 23 different countries.
Representing DUT in the competition will be five student entrepreneurs, comprising three women and two males.
The competition will be held under the theme, Further Promoting Sustainable Urban Development.
Story 2 category
Headline 3
South African tech entrepreneur aims to create 100,000 sustainable jobs
Story 3
South African technology entrepreneur, Melvyn Lubega has set an ambitious goal to create 100,000 sustainable jobs across Africa.
To achieve this, he plans to invest in skills development and support innovative startups.
As the co-founder of online learning platform Go1 and an impact investor with venture capital firm Breega, Lubega is focusing on education technology and digital upskilling to prepare workers for the changing economy.
Lubega believes that combining reskilling with targeted investment in African businesses can drive large-scale employment.
Story 3 category
Financial Indicators headline
Financial Indicators
Financial indicators
Your financial indicators for this hour:

The Rand is trading at 0.00 to the US Dollar, 0.00 to the British Pound, and 0.00 to the Euro.

Gold is trading at 0.00 dollars a fine ounce, Brent Crude Oil is at 65.67 per barrel, and a Bitcoin will set you back 115,203.00.
Teaser / Tailpiece headline
Young South Africans heading to Burkina Faso for continental youth initiative
Teaser / Tailpiece story
Young South Africans are heading to Burkina Faso for the African Diaspora Development Institute's "Going Home" initiative to connect with the continent's diaspora.
The event brings together youth activists, entrepreneurs, and creatives from across Africa and abroad to exchange ideas on innovation, identity, and sustainable development.
Organisers describe the “Going Home” initiative as part of a broader effort to unite African youth --in advancing cultural pride, entrepreneurship, and inclusive development across the continent.
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