70 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…
Category: Business
AI-led digital banking fraud is surging in South Africa
66 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
47 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
58 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
81 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
66 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
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
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…
New Grok coding tool challenges Microsoft and OpenAI dominance
70 Elon Musk’s artificial intelligence start-up, xAI, on Thursday released a new “speedy and economical” agentic coding model, marking its entry into a key focus area for AI companies. An agentic coding…
Job losses hit major South African car manufacturer
65 The popular Ford Ranger model is manufactured at the company’s plant outside Pretoria Ford Motor’s South African unit plans to lay off more than 470 employees as it seeks to adjust…