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Can Johannesburg fix its books before the doom loop wins?

It has a name: fiscal fiction. Spending as though the cash were already in the bank. But increasingly, it isn’t. A new report from the Centre for Development and Enterprise shows just how far…

  • Johannesburg finances based on uncollected revenue, not actual cash receipts
  • R13-billion shortfall in last three years, R30-billion less than revenues after borrowings
  • Unpaid bills and debts fuel fiscal downward spiral, increasing tariffs and default rates

African startups risk losing investors by targeting $1 million pre-seed rounds—Sidebrief COO

African startups seeking pre seed funding have been advised to set more realistic fundraising targets and focus on securing their first investor commitments, The post African startups risk losing…

  • Nigerian startups warned against targeting $1 million pre-seed rounds.
  • Sidebrief COO Abdulwaheed Yusuf advises realistic fundraising goals.
  • Nigerian funding dropped 27% YoY to $1.46 billion in H1 2026.

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