41 A look at two reforms that aim to thwart municipalities’ spendthrift ways. The seemingly impossible task of preventing municipalities from spending water and electricity revenues on salaries and other services has…
Category: Business
Microsoft, Meta pour billions more into AI as valuation pressures mount
60 Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of slowing. Focus will be on how much the…
Microsoft set to join the $4-trillion club
58 Microsoft is set to become the second company in the world to reach a US$4-trillion (R72-trillion) market capitalisation after reporting quarterly earnings that beat Wall Street’s expectations, sending the stock soaring…
Will a repo rate cut make things better for SMEs?
75 FinTech company’s data suggests the Reserve Bank’s caution has potentially stifled growth for SMEs. A FinTech company believes the challenges faced by small and medium enterprises (SMEs) will persist even if…
SharePoint attackers hit another government department
61 Hackers targeted the department of planning, monitoring & evaluation in recent attacks on Microsoft’s SharePoint customers. The department confirmed the attack and said it had implemented countermeasures to isolate the affected…
IMF keeps SA growth forecast unchanged but increases global growth forecast
50 The IMF has more hope for global economic growth than for South Africa’s economic growth, with US tariffs shaping the outlook. The International Monetary Fund (IMF) has kept South Africa’s growth…
South Africa opens bidding for R390-billion grid overhaul
60 South Africa is seeking proposals to shortlist bidders for a R390-billion grid expansion project to bolster the country’s energy security. The department of electricity & energy invited “experienced and committed” groups…
What it means for SA markets, and will it solve our debt issues?
72 Some economists believe the governor of the Reserve Bank could even announce the 3% inflation target on Thursday, along with the repo rate. The South African Reserve Bank has been making…
Government steps in to resolve SABC, Sentech tariff feud
62 The Sentech television broadcasting tower in Auckland Park, Johannesburg The department of communications & digital technologies has published a tender in efforts to mediate in the ongoing tariff dispute between the…
Meet the CIO | How Marijke Guest steered Nedbank through an IT crisis
72 When Nedbank realised early last year that its mammoth core banking overhaul and modernisation programme was going awry, it turned to Marijke Guest for help. Guest, CIO of Nedbank Corporate and…