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Category: Business

Sars shifts focus to escalating penalties for non-compliant trusts

Posted on May 12, 2026

57 All part of Sars’s efforts to broaden the tax base. A major drive for the South African Revenue Service (Sars) under the leadership of new commissioner Johnstone Makhubu is to broaden…

Global uncertainty, African opportunity: Wars and instability steer tourists to South Africa

Posted on May 12, 2026

68 As conflict disrupts traditional travel routes and increases costs in the Middle East, South Africa and other parts of Africa are positioning themselves as compelling alternatives. Africa’s 2026 Travel Indaba officially…

Herotel becomes South Africa’s largest retail fibre ISP

Posted on May 12, 2026

84 Herotel has become South Africa’s largest retail fibre-to-the-home (FTTH) internet service provider by connected homes, according to the latest Africa Analysis FTTH Quarter Tracking report. The Stellenbosch-based ISP, which is owned…

Joosub warns of 24 months of pain for phone buyers

Posted on May 12, 2026

71 Vodacom Group CEO Shameel Joosub has warned that smartphone prices will rise sharply amid the RAM supply crisis, supply-chain restrictions and rising fuel prices. Joosub told TechCentral on Monday that the…

BLSA CEO questions whether changes to BEE will grow South Africa

Posted on May 12, 2026

60 ‘Every rand spent on compliance bureaucracy is a rand not spent on actual service delivery.’ Business Leadership South Africa CEO, Busisiwe Mavuso, has expressed her views about the proposed amendments to…

Malatsi moves to rescue South Africa’s botched AI policy

Posted on May 12, 2026

68 Communications minister Solly Malatsi. Image: DCDT Communications minister Solly Malatsi has appointed an independent panel of AI researchers, lawyers and governance specialists to rebuild South Africa’s draft national AI policy, a…

Netflix’s astonishing R2.2-trillion content bill

Posted on May 12, 2026

63 A Netflix building in Hollywood. Daniel Cole/Reuters Netflix has invested more than US$135-billion (R2.2-trillion) in films and television series over the past decade, the company said on Tuesday, underscoring the dominance…

MultiChoice faces potential R4bn penalty for allegedly contravening Competition Act

Posted on May 12, 2026

56 The Competition Commission is reportedly open to talks with the two to reach a settlement agreement. MultiChoice, one of Africa’s largest streaming platforms, faces a potential penalty of up to 10%…

MTN’s African engines fire – but South Africa still stalled

Posted on May 12, 2026

55 MTN Group said on Tuesday that its core earnings jumped 27.9% in the first quarter, outpacing revenue growth as tighter cost control and strong performances in Nigeria and Ghana boosted profit….

Naspers shares tumble on iFood investment warning

Posted on May 12, 2026

66 Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at…

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  • Fans praise Rachel Kolisi’s motherhood journey after throwback post

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