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Category: Business

Toyota plugs in at last: bZ4X is its first EV for South Africa

Posted on May 19, 2026

44 Toyota South Africa has finally put a price on its first battery-electric vehicle, the bZ4X. The country’s largest car brand – which builds vehicles at its Prospecton plant in Durban for…

Vatican confronts the age of artificial intelligence

Posted on May 19, 2026

62 Pope Leo. Edgar Beltrán/The Pillar Pope Leo will address the rise of AI in his first in-depth text outlining his concerns, the Vatican said on Monday, adding that it would be…

ADNOC in Advanced Talks to Acquire Shell’s South African Fuel Network – Report

Posted on May 18, 2026

118 Abu Dhabi National Oil Company (ADNOC) is reportedly in advanced negotiations to acquire Shell’s retail fuel station network in South Africa, in a deal that could reshape the country’s fuel retail…

Isuzu Production Record Set at Gqeberha Plant

Posted on May 18, 2026

86 Isuzu production record South Africa: the Gqeberha plant built 27,400 D-Max bakkies and 3,800 trucks in a strong year for local vehicle sales. Isuzu Motors South Africa has posted its highest…

Tongaat Hulett Gets Lifeline as Liquidation Proceedings Halted

Posted on May 18, 2026

81 Struggling sugar producer Tongaat Hulett has secured a critical reprieve after liquidation proceedings against the company were halted, following an extension and increase in funding. The Industrial Development Corporation (IDC) has…

Update: Eskom Executive Pay Hike Claim Sparks Wage Deadlock

Posted on May 18, 2026

80 Eskom rejects 100% executive pay hike claim Update: Eskom says NUMSA’s claim that executives got 100% salary hikes across the board is false. The power utility says only three executive roles…

Another African nation licenses Starlink

Posted on May 18, 2026

81 A Starlink satellite terminal Uganda has become the latest African country to clear the way for Elon Musk’s Starlink, signing an operational licence agreement with the satellite broadband provider even as…

Watergate Centre Acquisition Boosts Spear REIT

Posted on May 18, 2026

69 Spear REIT has announced the Watergate Centre acquisition in Mitchells Plain for R442 million, adding a fully let convenience retail asset to its Western Cape portfolio. The company said the transaction…

Elon Musk’s war on OpenAI ends in crushing defeat

Posted on May 18, 2026

59 OpenAI CEO Sam Altman and Elon Musk during the trial. Manuel Orbegozo/Reuters A US jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the AI company not…

South Africa’s Growth Outlook Takes Another Hit

Posted on May 18, 2026

68 South Africa’s economic growth outlook has taken a slight knock. Economists in the Bureau of Market Research and Unisa Economist of the Year competition cut their consensus forecast for 2026 growth…

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