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Category: Business

‘Time for meaningful change is now,’ says labour minister after partial win over race quotas

Posted on August 29, 2025

79 Sakeliga and Neasa sought an interdict to suspend the employment equity regulations. Employment and Labour Minister Nomakhosazana Meth has welcomed a court ruling against two organisations that challenged the Employment Equity…

All eyes still on US tariffs and Fed

Posted on August 29, 2025

76 Next week will be more exciting on the local data front, with the Business Confidence Index and the Absa PMI set to be released. It was a quiet economic week in…

Reserve Bank gets green light to get sole control over BankservAfrica

Posted on August 29, 2025

68 The Reserve Bank will now also have control over PayShap, which offers accessible, convenient, and secure payments for everyday transactions. The Competition Commission has recommended that the Competition Tribunal approve the…

AI-led digital banking fraud is surging in South Africa

Posted on August 29, 2025

65 Digital fraud is on the rise in South Africa, with the number of incidents reported by the banking sector in the 2024 calendar nearly doubling year on year. The rate of…

Interpol cracks down on illegal bitcoin miners and cyber crooks across Africa

Posted on August 29, 2025

46 25 bitcoin mining centres operated by 60 Chinese nationals in Angola have been shut down. Interpol, the International Criminal Police Organisation, working with local law enforcement across multiple African countries, says…

Changes coming to Shein in South Africa

Posted on August 29, 2025

57 Shein is set to include customs duties at checkout. Many South Africans love shopping on the Chinese online store Shein for several reasons, with the most popular one being its affordability….

Vodacom testing advanced new 5G technology

Posted on August 29, 2025

77 Vodacom South Africa said on Friday that it has begun testing an advanced new 5G technology than promises ultra-fast wireless downloads. The company has deployed “dual-band massive multiple input, multiple output”…

Hackers target Ingonyama Trust in ransomware attack

Posted on August 29, 2025

65 The Ingonyama Trust, a statutory body established in 1994 to manage communal land in KwaZulu-Natal for the benefit of Zulu tribes and communities, has been the subject of an attempted ransomware…

Africa’s wealth capitals face off

Posted on August 29, 2025

56 Africa Wealth Report 2025 shows Johannesburg still in the lead – but Cape Town is catching up fast. Johannesburg may still be Africa’s wealthiest city, but Cape Town is fast catching…

Effective investment tips

Posted on August 29, 2025

66 Picture: Pexels With South Africa’s economy continuing to worsen by the day, while the standard of living increases exponentially, making smart investment decisions has gone from being a luxury to a…

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