271 South Africans will be treated to a rare celestial show on the evening of Sunday, 7 September, when the noon passes through Earth’s shadow in a total lunar eclipse. Astronomers say…
Category: Business
Woolworths CEO receives massive payment despite sluggish results
226 Woolies’ CEO Roy Bagattini received a single-figure remuneration of R79.8 million for 2025. Many CEOs earn bonuses based on the company’s performance, and Woolworths Group is no exception. However, despite Woolies’…
Banks urged to share greater responsibility for fraud prevention
244 The Financial Ombud warns South Africa’s current bank-customer liability model is outdated and urges innovation, collaboration, and legal reform. Banks must take greater responsibility, not just in securing their systems, but…
New laws force banks to refund customers tricked by fraudsters
227 Lawmakers are tightening rules to hold banks accountable for scam losses. If you are scammed into accessing your bank account and transferring money in countries such as the UK and Singapore,…
Elon Musk’s trillion-dollar package branded ‘irresponsible’ as critics slam excess
308 Tesla’s US$1-trillion, 10-year pay package to retain CEO Elon Musk is likely to be approved by shareholders at the company’s annual meeting in November even though the amount is staggering. That…
Trust meets legacy: ASI Gala Dinner 2025 – A celebration of African partnerships
217The Sandton Convention Centre was alive with energy as ASI Group hosted its annual gala dinner under the theme ‘Celebrating Trusted Partnerships in Africa’. The Sandton Convention Centre was alive with energy…
OpenAI’s staggering burn rate: $115-billion by 2029
281 OpenAI has sharply raised its projected cash burn through 2029 to US$115-billion (R2-trillion) as it ramps up spending to power the AI behind its popular ChatGPT chatbot, The Information reported on…
Here’s why you should not splurge if you got a tax refund
190 Taxpayers who filed their tax returns now know if they owe the taxman or if Sars is giving them money back. If you are lucky enough to get a tax refund,…
Surgeons make South African history with first robotic kidney donation
281 Robotic surgery technology has been used to remove a donor kidney at Tygerberg Hospital in Cape Town, marking an advancement in organ donation. According to the University of Stellenbosch, the surgery…
Blacklisting women in South Africa: what are the implications?
165 Causing a woman to be blacklisted is almost the same as locking her up; she cannot borrow money and therefore, she cannot leave. In a country struggling with getting its economy…