51 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….
Category: Business
Is Absa on a witch-hunt? ‘Leakers’ placed on leave
42 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…
UN: AI data centres could soon use as much power as Japan
55 Major tech firms should commit to fully powering data centre with renewable energy by 2030, said United Nations secretary-general António Guterres. Big Tech also must be responsible in its use of…
A brighter future for South African steel?
31 Key drivers for steel include renewed public investment, an infrastructure-led recovery and rising private-sector activity in renewable energy and manufacturing. South Africa’s steel sector stands at an inflection point. After years…
Tax season: Here is why you need to prioritise filing for returns
47 If taxpayers do not claim what they are entitled to, they are leaving money behind. When most people think of tax season, they often get a headache because they believe filing…
Estimated assessments: Sars’s new ‘cash-cow-grabbing’ norm?
50 Provision in the Tax Administration Act may be subject to abuse. The South African Revenue Service (Sars) has the power to raise estimated assessments when the information supplied by a taxpayer…
Must-listen finance podcasts that will change how you think about money
50 PICTURE: PEXELS In today’s economy, managing your money sensibly is more crucial than ever. However, a lot of people are intimidated by complicated financial terms or are unsure of where to…
Prosus moves to unlock Just Eat takeover with Delivery Hero selldown
53 Naspers and Prosus CEO Fabricio Bloisi Prosus has offered to sell down its holding in Delivery Hero to help pave the way for regulatory approvals for its acquisition of Just Eat…
SharePoint zero-day impact ripples around the world
53 A sweeping cyber espionage operation targeting Microsoft server software compromised about 100 organisations as of the weekend, two of the organisations that helped uncover the campaign said on Monday. Microsoft on…
Can SMEs survive Trump tariffs? Here is what small businesses can expect from July
61 There is still hope that the government trade negotiation teams will be able to strike a deal before the 30% tariffs come into effect. It is about to be a bumpy…