91 Spotify said on Monday it would increase the monthly price of its premium individual subscription in select markets from September, as the Swedish streaming giant looks to improve margins. The subscription…
Category: Business
SA’s efforts to repair US ties undermined internally, says Lamola amid tariff fallout
66 The US is South Africa’s third-largest trading partner, accounting for 7.5% of total exports. International Relations and Cooperation Minister Ronald Lamola has assured the public that support programmes will help offset…
Former Dimension Data execs accuse NTT of smear tactics
75 Former Dimension Data executive chairman Jeremy Ord Five of six former Dimension Data executives who were found last November by the high court to have engaged in a “brazen and dishonest”…
BMW strikes back at Tesla
70 Next to BMW’s headquarters in the heart of Munich, a museum and glass-walled exhibition centre showcase classics including the 507 convertible that Elvis Presley drove during his US army tour in…
Godongwana hits back at Reserve Bank’s 3% inflation target
55 Treasury makes it clear that this is not Sarb’s isolated call. Minister of Finance Enoch Godongwana threw shade on the SA Reserve Bank’s (Sarb) 3% inflation target announced last week – saying he…
MultiChoice carves out SA unit to pave way for Canal+ deal
57 MultiChoice Group has announced details for the first time about its plans to restructure the shareholding in its main South African operation to facilitate the JSE-listed broadcaster’s sale to France’s Groupe…
From Silicon Valley to Shenzhen: who’s really winning the innovation war?
69 One of the barriers to understanding the world is our fixation on sports thinking: who is winning and who is catching up? This has long been true of politics — we…
Blow for state over BEE requirement for estate agents
77 Ministers will no longer oppose the matter brought before court by Sakeliga. Lobby group Sakeliga has struck an arguably decisive blow in its legal challenge to moves by the Property Practitioners…
June salaries stabilised after months of decline, but adverse external factors remain
76 If you earn a salary you will be glad to hear that there is some relief coming, but the dark cloud of US tariffs still hovers. Salaries stabilised in June after…
Big payday at TFG: Here is how much the CEO and staff received
68 On top of the salary increase, CEO Anthony Thunström also received a bonus worth millions of rands. In a time where most South Africans are not prioritising clothing, The Foschini Group…