18 South Africa’s benchmark stock index crossed the psychological level of 100 000 for the first time on optimism that a crucial budget vote will get support from key parties in the governing…
Category: Business
Vodacom’s mobile money empire now moves R8-trillion a year
31 Vodacom Group CEO Shameel Joosub Vodacom Group on Wednesday said it facilitated US$460-billion (R8.1-trillion) in transactions through its mobile money platforms in the past year, including in Kenya, underscoring just how…
SA acts against dumping of Chinese and Thai washing machines
29Provisional anti-dumping duties in place for six months. Top load washing machines imported from China and Thailand are the latest products to encounter anti-dumping duties from the South Africa’s International Trade Administration…
South Africa among countries targeted in Microsoft SharePoint attacks
32 Microsoft has warned that Chinese state-sponsored hackers are among those exploiting flaws in its SharePoint software to break into institutions globally, with the US agency responsible for designing nuclear weapons now…
Big win for MultiChoice, Canal+ in deal talks
33 The Competition Tribunal has agreed to support the acquisition of MultiChoice Group by London-listed Groupe Canal+, removing a major hurdle to their deal being consummated. The tribunal approved the proposed transaction,…
Here is how SMEs can prioritise their employees
45 ‘With the right approach, even the smallest business can attract, build and retain a team that performs like a powerhouse.’ Many businesses often forget to prioritise their employees, overlooking the fact…
Here’s why VW is recalling 253 Polo sedans – Is yours included?
36 The cars were made available for sale from 11 August 2022. Volkswagen of South Africa has informed the National Consumer Commission (NCC) of a recall of 253 Polo sedans. This is…
Chinese EV brand Leapmotor gets South Africa launch date
45 Stellantis plans will launch the Leapmotor brand in South Africa in September, debuting the C10 in the local market. The C10 is an electric SUV with a petrol engine used purely…
Sim-swap fraud costing South Africa R5.3-billion a year
40 Fraud in the telecommunications sector is costing the South African economy an estimated R5.3-billion/year – and Sim swap-related attacks are a significant contributor, accounting for 60% of all mobile banking breaches….
Is Absa on a witch-hunt? ‘Leakers’ placed on leave
37 It is alleged that the leakers are denied access to the report that details the incident. Absa, one of South Africa’s banking giants, is once again making headlines for its questionable…