118 The funds must be spent by the end of the 2025-26 financial year. Finance Minister Enoch Godongwana has increased the budget allocated to provinces and municipalities to fund the recovery and…
Category: Business
Capitec shoots lights out: up to R17.2 billion in headline earnings, becoming SA’s most valuable bank
209 Capitec overtakes FirstRand to become SA’s most valuable bank. The 2026 financial year appears to have been one of growth for Capitec, with the bank expecting its headline earnings per share…
Broadband Infraco in limbo
113 Broadband Infraco, which painted a dismal picture of its financial well-being in parliament on Tuesday, has revealed it is on a mission to win back one of its most lucrative contracts…
Absa appoints M-Pesa boss to lead personal and private banking
127 Absa Group has announced a series of executive leadership changes, headlined by the appointment of former M-Pesa Africa MD Sitoyo Lopokoiyit as CEO of its personal and private banking division. Lopokoiyit,…
Will DStv subscribers face reduced live sport coverage as Canal+ cuts costs?
102 SuperSport may not renew its broadcast deal for the Super Rugby competition. French media giant Canal+ is weighing options to reduce costs at its newly acquired subsidiary, MultiChoice Group. One…
SA app wants to end guesswork in online grocery shopping
99 We Need Milk CEO Arjan van den Berg South Africans are shopping for groceries online more than ever, yet many households still struggle to see the full cost and nutritional value…
Why Acer is the strategic choice for South Africa’s educational future
104 As we enter the 2026 academic year, the conversation around educational technology has fundamentally shifted. For schools, universities and government departments across the globe, the challenge is no longer just about…
Banks can expect a noisy reception over R60bn home foreclosure class action
113 Dispossessed homeowners are set to pack the Joburg High Court this month, as banks defend the sale of their properties. The long-awaited R60 billion class action lawsuit against banks for repossessing…
Standard Bank joins smart ID push with fee-free launch
99 Standard Bank has confirmed the phased roll-out of smart ID application and renewal services at select branches, with no convenience or logistics fees during the launch period. The service will initially…
Zscaler assets seized from South African data centres
112 Server equipment belonging to US-headquartered cloud security company Zscaler was seized by sheriffs of the court from NTT Data and Teraco data centres in Johannesburg and Cape between September and November…