Building a Capable State: South Africa’s Collective Fight Against Corruption

Source: Government of South Africa

Building a Capable State: South Africa’s Collective Fight Against Corruption

By Mava Scott

The fight against corruption remains one of the major priorities of the Seventh Administration. Law enforcement agencies are acting swiftly to arrest, suspend or otherwise hold accountable those suspected of involvement in corruption. This commitment is re-enforced through a range of measures, including the ongoing judicial commission to investigate serious allegations of corruption, criminality and the infiltration of law enforcement agencies.

The Commission, now commonly known as the Madlanga Commission, began public hearings on 17 September 2025 and has since submitted two interim reports to President Cyril Ramaphosa. The revelations emerging from the Commission show that corruption remains one of the greatest challenges facing the country and a serious threat to building a South Africa that works for everyone. Corruption undermines the rule of law and has the potential to reverse the gains being made to build a capable, ethical and developmental state as well as to efficiently use limited public resources to improve people’s lives.

These revelations would not have been possible without the courage of active citizens who chose to report acts of corruption and abuse of power. Their actions remind us that the fight against corruption cannot be left to government alone.

The recommendations and referrals of the Madlanga Commission are being implemented through the SAPS Special Task Team which has already produced tangible results. Working with the National Prosecuting Authority, the Task Team is holding accountable those against whom there is prima facie evidence of wrongdoing.

To date, 16 people, including 12 senior police officials and a company director linked to a health and wellness services tender, have been arrested. In addition, 18 senior SAPS officials, including members of the Ekurhuleni Metropolitan Municipality, have either been suspended or served with notices of suspension. Some officials, including Brigadier Rachel Matjeng and Major General Richard Shibiri, have been dismissed.

The State Security Agency has also been tasked with carrying out security screening and lifestyle reviews across the South African Police Service (SAPS), with particular focus on senior officials in the Directorate for Priority Crime Investigations, Crime Intelligence, Forensic Services and Supply Chain Management.

These swift and decisive actions show that government is committed to holding those involved in corruption accountable and that no one is above the law. The arrests, suspensions and dismissals also strengthen efforts to rebuild, protect and restore confidence in the criminal justice system, which is essential to the proper functioning of South Africa’s constitutional democracy.

Government’s commitment to fighting corruption and strengthening accountability is also reflected in the continued implementation of the recommendations of the Judicial Commission of Inquiry into Allegations of State Capture, popularly known as the State Capture Commission. 

In March this year, former Member of Parliament Vincent Smith was sentenced to seven years’ imprisonment on charges including fraud and corruption linked to state capture. His conviction was the sixth State Capture-related case to be concluded with a guilty verdict, while several other high-profile matters are scheduled for trial, including cases related to the Free State asbestos removal project, SA Express and Transnet contracts.

Further progress has been recorded through the recovery of more than R17.1 billion in assets gained from criminal activities, while 62% of the 60 recommended actions from the State Capture Commission have been addressed. These decisive actions demonstrate that the fight against corruption extends beyond investigations and prosecutions; it also includes recovering stolen public resources.

This anti-corruption drive has also extended to other areas of government. In January 2026, the Directorate for Priority Crime Investigation, known as the Hawks, arrested the Director-General and two other senior officials from the National Department of Health in connection with allegations involving more than R1 million in unauthorised expenditure during the 2023–2024 financial year.

Similarly, the Border Management Authority dismissed more than 50 immigration officials implicated in corrupt activities in March this year.

These actions demonstrate that while progress is being made in addressing corruption, the fight requires sustained vigilance and continuous strengthening of interventions across all spheres of government.

Rooting out corruption requires more than responding to wrongdoing after it occurs; it requires stronger prevention measures, improved oversight, ethical leadership and systems that detect and address vulnerabilities before they are exploited. Government will continue to strengthen accountability mechanisms, enhance institutional integrity and work with all sectors of society to ensure that public resources are protected and used for their intended purpose.

All South Africans have a role to play in blowing the whistle on corruption. We encourage anyone who is aware of wrongdoing to report it to the National Anti-Corruption Hotline on 0800 701 701.

*Scott is Chief Director at Government Communication and Information System: Justice, Crime Prevention and Security (JCPS) Cluster

 

Neo

0

Wale Tinubu junta-se à African Energy Week (AEW) 2026 à medida que a Oando expande o seu portfólio energético africano

Source: Africa Press Organisation – Portuguese –

Wale Tinubu, CEO do grupo da empresa nigeriana de energia Oando PLC, foi confirmado como orador na Conferência e Exposição da African Energy Week (AEW) 2026, trazendo um dos líderes energéticos locais mais proeminentes de África para a principal plataforma de investimento do continente. A participação de Tinubu surge num momento em que o setor a montante africano entra numa nova fase de crescimento, impulsionado por um portfólio crescente de operadores locais.  

A AEW 2026 — que decorrerá de 12 a 16 de outubro na Cidade do Cabo, África do Sul — constitui o maior encontro do continente no setor energético, reunindo líderes governamentais, operadores, financiadores, prestadores de serviços e inovadores tecnológicos para impulsionar o desenvolvimento de projetos nos setores do petróleo, gás e energia em toda a África. 

A participação da Tinubu surge num momento em que a empresa avança com um dos programas de expansão mais ambiciosos de uma empresa de energia de capital africano dos últimos anos. Na sequência da aquisição, em 2024, dos ativos onshore da Nigerian Agip Oil Company, a empresa expandiu significativamente a sua carteira de produção, reforçando a sua posição como uma das maiores operadoras locais do setor de upstream da Nigéria. 

A empresa planeia angariar até 750 milhões de dólares para um programa de perfuração de 100 poços, na sequência da aquisição, em 2024, das operações terrestres da NAOC da Eni na Nigéria, um negócio que expandiu a base de ativos de produção da Oando e posicionou a empresa como uma das maiores operadoras nacionais de upstream do continente. A campanha poderá aumentar a produção da Oando em até 300%. 

A próxima campanha de perfuração complementa os esforços em curso para reforçar a produção em todos os seus ativos nigerianos, a par de projetos regionais. Através da sua subsidiária de upstream, a Oando Energy Resources, a empresa detém participações em mais de 14 licenças de petróleo e gás na Nigéria e em São Tomé e Príncipe e gere mais de 22 400 km² de área bruta, apoiada por uma rede de gasodutos de 1 255 km, 14 estações de fluxo e uma capacidade de processamento de gás superior a 3,6 mil milhões de pés cúbicos padrão por dia. 

 Expandindo ainda mais o seu portfólio regional, a Oando assinou um Contrato de Partilha de Produção para o Bloco KON-13 na Bacia do Cuanza, em terra firme, em Angola, em março de 2026, sinalizando um passo no sentido de levar a sua experiência aos mercados regionais. O bloco tem recursos prospectivos estimados entre 770 milhões e 1,1 mil milhões de barris e insere-se numa estratégia mais ampla de diversificação do seu portfólio para além da Nigéria.  

Na AEW 2026, espera-se que Tinubu aborde as prioridades estratégicas que moldam a próxima fase de crescimento da Oando, bem como a abordagem da empresa para mobilizar capital de propriedade africana para investimento a grande escala no setor a montante. Espera-se também que ele se pronuncie sobre a necessidade de os fundos de pensões africanos e as instituições financeiras de desenvolvimento aprofundarem o seu papel no financiamento de projetos energéticos, um debate que ganhou urgência à medida que os bancos internacionais se afastam da exposição aos hidrocarbonetos.  

«Wale Tinubu é exatamente o tipo de voz de que a AEW 2026 precisa no seu palco», afirmou NJ Ayuk, presidente executivo da Câmara Africana de Energia. «Ele construiu uma gigante africana do setor energético a partir do zero, superou todos os ciclos que esta indústria lhe impôs e continua a expandir as fronteiras. A sua mensagem sobre o capital africano, a propriedade africana e a ambição africana é algo que todos os investidores, ministros e operadores presentes na AEW precisam de ouvir.» ​

Distribuído pelo Grupo APO para African Energy Chamber.

Media files

Baixar .tipo

Wale Tinubu Joins African Energy Week (AEW) 2026 as Oando Expands African Energy Portfolio

Source: APO

Wale Tinubu, Group CEO of Nigerian energy company Oando PLC, has been confirmed as a speaker at the African Energy Week (AEW) 2026 Conference and Exhibition, bringing one of Africa’s most prominent indigenous energy leaders to the continent’s premier investment platform. Tinubu’s participation comes as Africa’s upstream sector enters a new phase of growth, driven by a growing portfolio of indigenous operators.  

AEW 2026 – taking place from October 12-16 in Cape Town, South Africa – serves as the continent’s biggest energy gathering, bringing together government leaders, operators, financiers, service providers and technology innovators to advance project development across Africa’s oil, gas and energy sectors. 

Tinubu’s participation comes as the company advances one of the most ambitious expansion programs by an African-owned energy company in recent years. Following its 2024 acquisition of Nigerian Agip Oil Company’s onshore assets, the company significantly expanded its producing portfolio, strengthening its position as one of Nigeria’s largest indigenous upstream operators. 

The company plans to raise up to $750 million for a 100-well drilling program following its 2024 acquisition of Eni’s NAOC onshore operations in Nigeria, a deal that expanded Oando’s producing asset base and positioned the company as one of the largest indigenous upstream operators on the continent. The campaign could increase Oando’s production by as much as 300%. 

The upcoming drilling campaign complements ongoing efforts to bolster production across its Nigerian assets alongside regional projects. Through its upstream subsidiary Oando Energy Resources, the company has interests in more than 14 oil and gas licenses across Nigeria and São Tomé and Príncipe and manages over 22,400 km² of gross acreage, supported by a pipeline network of 1,255 km, 14 flow stations and gas processing capacity in excess of 3.6 billion standard cubic feet per day. 

Further expanding its regional portfolio, Oando signed a Production Sharing Contract for Block KON-13 in Angola’s onshore Kwanza Basin in March 2026, signaling a step towards taking its experience to regional markets. The block has estimated prospective resources of between 770 million and 1.1 billion barrels, and aligns with a broader strategy to diversify its portfolio beyond Nigeria.  

At AEW 2026, Tinubu is expected to address the strategic priorities shaping Oando’s next phase of growth, as well as the company’s approach to mobilizing African-owned capital for large-scale upstream investment. He is also expected to weigh in on the case for African pension funds and development finance institutions to deepen their role in energy project funding, a debate that has gained urgency as international banks retreat from hydrocarbon exposure.  

“Wale Tinubu is exactly the kind of voice AEW 2026 needs on its stage,” said NJ Ayuk, Executive Chairman, African Energy Chamber. “He has built an African energy giant from the ground up, navigated every cycle this industry has thrown at him, and he is still pushing the frontier. His message on African capital, African ownership and African ambition is one every investor, minister and operator at AEW needs to hear.”

Distributed by APO Group on behalf of African Energy Chamber.

Media files

.

Wale Tinubu participe à l’African Energy Week (AEW) 2026 alors qu’Oando élargit son portefeuille énergétique africain

Source: Africa Press Organisation – French

Wale Tinubu, PDG du groupe énergétique nigérian Oando PLC, a été confirmé comme intervenant à la conférence et au salon African Energy Week (AEW) 2026, permettant ainsi à l’un des leaders africains les plus éminents du secteur énergétique local de participer à la principale plateforme d’investissement du continent. La participation de M. Tinubu intervient alors que le secteur en amont africain entre dans une nouvelle phase de croissance, portée par un portefeuille croissant d’opérateurs locaux.  

L’AEW 2026 – qui se tiendra du 12 au 16 octobre au Cap, en Afrique du Sud – constitue le plus grand rassemblement du continent dans le domaine de l’énergie, réunissant des responsables gouvernementaux, des opérateurs, des financiers, des prestataires de services et des innovateurs technologiques afin de faire progresser le développement de projets dans les secteurs africains du pétrole, du gaz et de l’énergie. 

La participation de Tinubu intervient alors que la société met en œuvre l’un des programmes d’expansion les plus ambitieux menés par une entreprise énergétique africaine ces dernières années. Suite à l’acquisition en 2024 des actifs terrestres de la Nigerian Agip Oil Company, la société a considérablement élargi son portefeuille de production, renforçant ainsi sa position parmi les plus grands opérateurs en amont locaux du Nigeria. 

La société prévoit de lever jusqu’à 750 millions de dollars pour un programme de forage de 100 puits, à la suite de son acquisition en 2024 des activités terrestres de la NAOC d’Eni au Nigeria, une opération qui a élargi le portefeuille d’actifs en production d’Oando et positionné la société comme l’un des plus grands opérateurs en amont locaux du continent. Cette campagne pourrait augmenter la production d’Oando de près de 300 %. 

La campagne de forage à venir vient compléter les efforts en cours visant à renforcer la production sur l’ensemble de ses actifs nigérians, parallèlement à des projets régionaux. Par l’intermédiaire de sa filiale en amont, Oando Energy Resources, la société détient des participations dans plus de 14 licences pétrolières et gazières au Nigeria et à São Tomé-et-Príncipe, et gère une superficie brute de plus de 22 400 km², soutenue par un réseau de gazoducs de 1 255 km, 14 stations de régulation et une capacité de traitement du gaz supérieure à 3,6 milliards de pieds cubes standard par jour. 

 Afin d’élargir encore son portefeuille régional, Oando a signé en mars 2026 un contrat de partage de production pour le bloc KON-13, situé dans le bassin terrestre de Kwanza en Angola, marquant ainsi une étape vers l’exportation de son expertise vers les marchés régionaux. Ce bloc dispose de ressources prospectives estimées entre 770 millions et 1,1 milliard de barils, et s’inscrit dans une stratégie plus large visant à diversifier son portefeuille au-delà du Nigeria.  

Lors de l’AEW 2026, M. Tinubu devrait aborder les priorités stratégiques qui façonneront la prochaine phase de croissance d’Oando, ainsi que l’approche de l’entreprise visant à mobiliser des capitaux africains pour des investissements en amont à grande échelle. Il devrait également s’exprimer sur la nécessité pour les fonds de pension africains et les institutions de financement du développement de renforcer leur rôle dans le financement des projets énergétiques, un débat qui a pris un caractère d’urgence à mesure que les banques internationales se retirent du secteur des hydrocarbures.  

« Wale Tinubu est exactement le genre de voix dont l’AEW 2026 a besoin sur sa scène », a déclaré NJ Ayuk, président exécutif de l’African Energy Chamber. « Il a bâti de toutes pièces un géant africain de l’énergie, a su naviguer à travers tous les cycles que ce secteur lui a imposés, et continue de repousser les limites. Son message sur le capital africain, la propriété africaine et l’ambition africaine est un message que chaque investisseur, ministre et opérateur présent à l’AEW doit entendre. »

Distribué par APO Group pour African Energy Chamber.

Media files

ExxonMobil Advances Dual-Track Angola Strategy as Brian Unietis Joins Angola Oil & Gas (AOG) 2026

Source: APO

ExxonMobil’s evolving upstream strategy in Angola will take center stage at the Angola Oil & Gas (AOG) 2026 conference and exhibition as Brian Unietis, Lead Country Manager of ExxonMobil Angola, joins the event as a featured speaker. His participation comes as the company advances a dual-track strategy centered on maximizing production from existing assets while unlocking new offshore exploration opportunities. 

Having assumed leadership of ExxonMobil Angola in late 2025, Unietis now oversees a portfolio entering a period of rapid execution. Under his leadership, ExxonMobil has shifted from primarily managing mature offshore assets toward delivering new production, extending field life and opening entirely new exploration provinces designed to support Angola’s ambition of sustaining crude output above one million barrels per day (bpd). 

One of the company’s most significant recent milestones came in April 2026 when ExxonMobil awarded a major EPCI contract to Subsea7 for the Likembe Redevelopment 2.0 Project. The redevelopment will connect additional reservoirs back to existing Block 15 facilities through subsea tiebacks, illustrating the company’s increasing focus on infrastructure-led developments that shorten timelines while improving capital efficiency. 

Alongside redevelopment activity, ExxonMobil continues to expand beyond its established producing assets. Earlier this year, the company partnered with TotalEnergies and Angola’s National Agency for Petroleum, Gas and Biofuels to secure exploration rights across multiple blocks in the Benguela and Namibe Basins, two frontier regions expected to underpin Angola’s next generation of offshore discoveries. Geological evaluation also continues following ExxonMobil’s first exploration drilling campaign in the Namibe Basin, while additional subsurface assessments are underway across the Free Areas of Blocks 17/06 and 32/21. 

The operational momentum follows a series of major strategic decisions taken shortly after Unietis assumed leadership. ExxonMobil and its Block 15 partners reached a final investment decision last year to extend production from the Mondo and Saxi-Batuque fields. The investment followed the extension of Block 15’s production license through 2037, providing the fiscal certainty needed to unlock further redevelopment opportunities across one of Angola’s most productive offshore assets. 

Beyond upstream developments, ExxonMobil continues investing across the wider offshore value chain. The company recently secured a long-term charter agreement with Bourbon Mobility for a new fleet of fuel-efficient crew transfer vessels scheduled to enter service in 2027, while specialized management programs are being deployed to safely manage naturally occurring radioactive material generated from mature offshore operations. 

These initiatives form part of ExxonMobil’s broader investment program, centered on maximizing production from existing infrastructure while opening new offshore basins capable of sustaining the country’s production base well into the next decade. 

As Angola advances policies designed to attract fresh upstream capital and accelerate offshore development, AOG 2026 – taking place in Luanda from September 9‒10, with a pre-conference day on September 8 – will provide a key forum for government leaders, operators and investors to discuss the sector’s next phase of growth.  

Unietis’ participation underscores ExxonMobil’s long-term commitment to Angola and positions the company at the forefront of the country’s strategy to combine mature asset redevelopment, frontier exploration and sustained investment to secure its future as one of Africa’s premier oil producers.  ​

Distributed by APO Group on behalf of Energy Capital & Power.

Media files

.

Swarts calls for unified air quality management system in Africa

Source: Government of South Africa

Swarts calls for unified air quality management system in Africa

Deputy Minister of Forestry, Fisheries and the Environment Bernice Swarts has called on African leaders to develop a system to transform air quality information management and help improve the lives of millions of Africans who continue to breathe air that does not meet internationally recognised health standards.

“For Africa, clean air is not simply an environmental issue. It is a development imperative. It is about protecting human health, improving educational outcomes, strengthening economic productivity and ensuring environmental justice for present and future generations,” Swarts said on Tuesday in Pretoria.

Across Africa, rapid urbanisation, industrialisation, expanding transport systems, increasing energy demand, agricultural burning, mining activities and waste burning are placing unprecedented pressure on air quality. 

“Africa’s air pollution challenges do not respect national borders. Transboundary pollution, dust transport, wildfires and regional economic activities require coordinated continental responses,” Swarts said.

The Deputy Minister challenged leaders to consider an African Air Quality Information System to promote capacity building, foster collaboration between national environmental authorities, and provide citizens with accessible air quality information.

“Air pollution is no longer simply an environmental issue. It is a public health emergency, a development challenge, a climate issue and a matter of environmental justice. Poor air quality threatens investment, tourism, food security and sustainable development for developing economies.

“The consequences are visible in rising respiratory illnesses, cardiovascular diseases, lost productivity, increased healthcare costs and the disproportionate impact on women, children, the elderly and vulnerable communities,” the Deputy Minister said.

Swarts was addressing Africa’s leading voices in air quality management, environmental governance, public health, science and policy at the Africa Clean Air Forum.

“As countries strengthen their air quality monitoring networks, there is an increasing need for integrated digital platforms that can collect, analyse, visualise, and disseminate air quality data in a timely and accessible manner,” Swarts said.

The Deputy Minister pointed out that innovation in air quality information management is becoming a critical enabler of improved environmental governance, public health protection and evidence-based decision-making across Africa.

“As governments, we must work together to harmonise policy approaches where appropriate, strengthen monitoring networks, improve emissions inventories, mobilise resources and share technical expertise. 

“Regional cooperation can significantly improve our collective ability to understand pollution sources, forecast air quality and implement effective interventions.” 

Swarts stressed that the success of Africa’s clean air agenda will ultimately depend on the continent’s willingness to move beyond commitments and towards implementation.

The Deputy Minister said implementation will require strong political leadership; sustainable financing; effective institutions; scientific collaboration; regional cooperation; community participation; and shared accountability.

“At a regional level, the Southern African Development Community has an opportunity to build stronger regional systems for air quality governance through harmonised policies, joint monitoring initiatives, shared technical expertise, capacity building and coordinated responses to transboundary air pollution,” Swarts said.

She emphasised that resource mobilisation is a critical enabler of collaborative air quality programmes across Africa, where many countries face common transboundary air pollution challenges but have varying levels of technical, institutional and financial capacity.

“Together, we can create cities where children breathe clean air, communities where economic development does not come at the expense of public health, industries that embrace cleaner technologies, governments that work collaboratively across borders, and an Africa where environmental sustainability becomes a catalyst for inclusive growth and shared prosperity,” Swarts said. – SAnews.gov.za

nosihle

0

Eastern Cape welcomes strong support for Kirkwood agricultural show

Source: Government of South Africa

Eastern Cape welcomes strong support for Kirkwood agricultural show

Eastern Cape Agriculture MEC Nonceba Kontsiwe has welcomed the strong public support shown during the department’s Agricultural Show at Kirkwood, in the Sarah Baartman District, where farmers successfully marketed and sold their produce.

Addressing attendees at the Phindile Madama Qekeni Multipurpose Hall on Monday, Kontsiwe said the event demonstrated the growing value of agricultural shows as platforms for connecting farmers with consumers and creating economic opportunities.

“These shows are not meant to be places where farmers only showcase their produce; they must also serve as hubs of economic activity. They have long provided a platform for celebrating excellence in farming while promoting market access for smallholder farmers,” Kontsiwe said.

The department reintroduced the agricultural shows last year, where various farmers from Amathole, Chris Hani, Sarah Baartman and OR Tambo District Municipalities had an opportunity to showcase their produce to different stakeholders, including buyers and agricultural experts.

The shows also provide a platform for participants and role players across the agricultural value chain to exhibit products, services, funding opportunities and innovations, while enabling farmers to network and access valuable industry information.

Kontsiwe said the department will continue rolling out the reimagined agricultural show model across all district municipalities, with a stronger focus on improving market access and fostering commercial opportunities for farmers.

She said the shows have evolved from traditional competitive events into vibrant marketplaces that connect farmers directly with potential buyers, financial institutions and agribusiness stakeholders.

Farmer Sanelisiwe Phangelele welcomed the initiative, saying it had created valuable opportunities for producers.

“We are very delighted as farmers to have platforms like these, where we are able to sell our produce. This show has brought exciting opportunities for farmers in terms of markets and gaining more knowledge about our products. We need to continue with these shows so that we can improve our produce, learn from others and have access to the markets,” Phangelele said.

The department said the quarterly shows, which will be hosted across all district municipalities, are expected to bridge the gap between production and markets, empower farmers, stimulate rural economies and contribute meaningfully to the growth of the province’s agricultural value chain. – SAnews.gov.za

GabiK

0

Binance Marks Nine Years: Nearly Half of All Crypto Holders Use Binance, $156 Trillion in All-Time Volume, and a Growing Vision Beyond Crypto

Source: APO

Binance (www.Binance.com), the world’s largest cryptocurrency exchange by trading volume, today marks its ninth anniversary with more than 323 million registered users across over 100 countries. When Binance launched in July 2017, fewer than 6 million people (https://apo-opa.co/4pj8By1) worldwide owned cryptocurrency. Today, that number exceeds 741 million (https://apo-opa.co/3RvfRKN), representing growth of more than 12,000% in under a decade. Binance’s user base has grown from zero to 323 million over the same period, meaning roughly 43% of all crypto holders worldwide now use Binance. 

The milestone arrives as digital assets move from the margins of global finance to the mainstream. Institutional participation is at record levels, with ETFs and digital asset trusts now holding over 12% of circulating BTC supply. Regulatory frameworks are forming across the G20, the EU, the Middle East, and Southeast Asia. The lines between traditional finance and crypto infrastructure are blurring in ways that would have been difficult to predict when Binance launched.

For Binance, the anniversary is more than a reflection of nine years of growth. It is also a statement of intent: to become the world’s leading financial super app, bringing access to global markets to its target of over three billion users worldwide.

Binance’s Scale at a Glance:

  • 323 million registered users globally, up roughly 7% in H1 2026 alone, representing approximately 43% of all crypto holders worldwide
  • Over $156 trillion in cumulative all-time trading volume across all products (up 7.8% from $145T at year-end 2025), a figure that exceeds the combined annual GDP of the United States, China, Japan, Germany, and the United Kingdom
  • Institutional users grew 9% in H1 2026, reflecting continued maturation of the buyer base 
  • $80B+ in monthly TradFi trading volume since March 2026
  • 11% more coins and 3% more trading pairs added in H1 2026, broadening market access

From Crypto Exchange to Multi-Asset Platform

Over the past year, Binance extended its product suite into traditional financial instruments, including stock trading, ETFs, and pre-IPO perpetuals, alongside its existing digital asset offerings. These products are built on Binance’s blockchain-native infrastructure, enabling stablecoin settlement, 24/7 market access, and cross-asset functionality within a single platform.

The early traction has been significant: 

  • Since March this year, TradFi products on Binance have generated over $80B in monthly trading volume. 
  • Direct stocks, launched in June 2026, reached $1B in assets under management (AUM) (https://apo-opa.co/4vs17Ks) within 30 days of launch, alongside over $3B in cumulative trading volume. 
  • bStocks, tokenized 1:1 U.S. securities on Binance that trade 24/7, crossed $100M in AUM (https://apo-opa.co/4pm9RQX) within 2 weeks of launch. 
  • 47% of bStocks trading volume takes place outside U.S. market hours, reflecting demand for round-the-clock market access.

Even as Binance expands into new asset classes, its core crypto business continues to demonstrate the depth and resilience that have defined its market position since year one: 

  • Binance has now processed $156.4 trillion in all-time trading volume, adding roughly $11.4 trillion in the first half of 2026 alone, a 7.8% increase from year-end 2025. 
  • Institutional users also grew 9% over the same period, reinforcing the trend of professional capital deepening its participation in digital assets. 
  • This growth occurred despite a more challenging market environment in H1 2026, indicating that user engagement is driven by structural participation rather than short-term market cycles.

Building Toward Three Billion Users

The expansion into traditional financial products reflects Binance’s vision of building the world’s leading financial super app that consolidates trading, payments, savings, and access to global markets on a single platform. The path to three billion users runs through markets that traditional institutions have historically underserved, where blockchain-native infrastructure can deliver financial services at a cost and scale that legacy systems cannot match.

Industry data supports the scale of the opportunity. It is estimated that 741 million people own crypto (https://apo-opa.co/3RvfRKN) globally, compared to approximately 630 million online brokerage accounts (https://apo-opa.co/4wH0mOO). Crypto infrastructure already reaches more people than traditional equity brokerage, and that gap is widening.

“Nine years ago, we set out to increase the freedom of money globally. What we have built is infrastructure that works for everyone. It works whether you are a retail trader in an emerging market or an institutional investor in a financial centre. When we launched in 2017, fewer than 6 million people owned crypto. Today, 741 million do, and 323 million of them are on Binance. That is not just growth. It is a shift in how the world accesses finance. We are only at the beginning,” said Yi He, Co-CEO of Binance.

“323 million people chose to trust us with their money. That is not something we take lightly. Every decision we make, every product we build, every market we enter starts with the question of whether it serves the people who put their faith in us. Today, 43% of all crypto holders worldwide use Binance. As the financial frontier moves toward the intersection of crypto and traditional finance, that trust becomes even more significant. Expanding beyond crypto into stocks, ETFs, and tokenized securities is part of that same commitment. Users deserve access to global markets, and we intend to give it to them,” said Richard Teng, Co-CEO, Binance.

Built by the Community

This year, Binance marks its anniversary under the theme “Built by You.” The theme reflects the company’s belief that its growth over the past nine years was shaped not by the platform alone, but by the millions of users who traded, learned, built, and participated on it. 

To mark the occasion, Binance has launched “Built by You,” a global anniversary campaign celebrating the community that helped shape Binance. The campaign features up to $4.5 million in rewards and an interactive journey across nine landmarks in ‘Binance City’, each tied to a different part of the Binance ecosystem.


Products and services referred to in this press release may not be available in your region.

Distributed by APO Group on behalf of Binance.

About Binance:
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 320 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. 

For more information, visit: www.Binance.com 

Media files

.

SADC Ministers meeting gets underway 

Source: Government of South Africa

SADC Ministers meeting gets underway 

The joint meeting of the Southern African Development Community (SADC) Ministers responsible for Energy and Water gets underway today, with Ministers expected to thrash out measures aimed at strengthening regional energy security, improving water resource management and advancing sustainable socio-economic development.

Taking place in Pretoria in a hybrid format, the gathering brings together Ministers, senior officials, representatives of the SADC Secretariat, regional institutions, cooperating partners and other stakeholders.
South Africa is hosting the meeting in its capacity as Chair of the relevant SADC Sectoral Committees.

READ | SADC Water and Energy Ministers to meet ahead of Ordinary Summit

The meeting, which will conclude on Friday, will review progress in implementing regional programmes and projects in the energy and water sectors, while providing policy direction on emerging priorities.

“The meeting will bring together Ministers, senior officials, representatives of the SADC Secretariat, regional institutions, cooperating partners and other stakeholders to review progress in implementing regional programmes and projects in the energy and water sectors, while providing policy direction on emerging priorities,” SADC said in a statement ahead of Tuesday’s meeting. 

On the energy agenda, Ministers are expected to review electricity demand and supply across the region, assess progress on regional energy projects and discuss measures to strengthen energy security.

Discussions will also focus on expanding renewable energy deployment, promoting energy efficiency, implementing the Dar es Salaam Declaration on Mission 300 to increase electricity access in Sub-Saharan Africa by 2030, and advancing hydrocarbons infrastructure, including fuel pipelines and storage facilities. – SAnews.gov.za 

DikelediM

7

Singh urges stronger collaboration to curb illegal fisheries trade

Source: Government of South Africa

Singh urges stronger collaboration to curb illegal fisheries trade

Deputy Minister of Forestry, Fisheries and the Environment Narend Singh has urged authorities to strengthen collaboration to ensure the successful prosecution of those involved in the illegal trade of fisheries resources.

Addressing South African authorities, including prosecutors, the South African Police Service (SAPS) and the Coastal Marine Task Force (CMTF), at a training session in KwaZulu-Natal, Singh said every purchase of unlawfully harvested marine resources contributes to the depletion of a national asset.

The training comes amid reports of the persistent illegal sale of crayfish (East Coast rock lobster) along the N2 near Hibberdene.

“What may seem like a simple roadside transaction is often the visible end of a longer criminal chain involving unlawful harvesting, storage, transport, and sale. These activities place unsustainable pressure on our marine resources, undermine lawful fishers, endanger enforcement officers and the public, and erode respect for the law,” the Deputy Minister said in Scottburgh.

Singh emphasised that protecting South Africa’s marine, coastal and natural resources cannot be the responsibility of any single institution, sphere of government or category of official.

He said this requires seamless, well-coordinated synergy across the entire enforcement and prosecutorial chain.

“Coordinated intelligence, lawful and careful investigation, properly preserved evidence, sound charge sheets, informed prosecutorial decisions, and consistent court follow-through must all function as integrated parts of a single, effective system,” Singh said.

Through the Small-Scale Fisheries Policy, government has allocated long-term fishing rights to 172 cooperatives representing approximately 10 000 fishers.

“We are now shifting focus towards practical support — markets, infrastructure, cold storage, processing facilities, governance, and business development — so that lawful users can thrive.

“Effective enforcement protects the space for these lawful participants to succeed. When we fail to prosecute transgressors robustly, we undermine the very opportunities we are creating for coastal communities and future generations,” Singh said.

During the period April to June 2026 alone, joint operations opened six case dockets under the Marine Living Resources Act, led to nine arrests, issued 22 admission-of-guilt fines totalling R42 000, and resulted in significant confiscations, including 352 linefish valued at R176 000, East Coast rock lobster valued at R31 500, and 47 illegal gillnets valued at R21 150.

“These outcomes demonstrate the power of coordinated intelligence-led enforcement. Yet we must be honest: while progress has been made, challenges remain. Gillnetting continues to devastate estuaries, and complex cases involving undocumented foreign nationals add layers of difficulty. 

“Illegal development in sensitive coastal areas such as Umgababa, forestry transgressions, and other offences all require the same integrated response across the enforcement chain,” the Deputy Minister said.

Singh said these successes, as well as persistent challenges, underscore a central truth: effective environmental enforcement is not measured only by arrests and confiscations, but ultimately by successful prosecutions, appropriate sentencing and the ability to protect resources for present and future generations.

“This requires every link in the chain —investigators, compliance officials, and prosecutors — to understand each other’s operational realities, evidentiary requirements, and procedural needs,” he said.

Over the two-day training, authorities will cover key areas, including the Marine Living Resources Act; illegal, unreported and unregulated fishing; the Integrated Coastal Management Act; off-road vehicle controls; municipal development enforcement; forestry legislation; mining and water-use compliance; biodiversity offences; and Marine Protected Areas. –SAnews.gov.za

 

 

nosihle

0