57 But this three-way tussle will be with us for some time yet … Standard Bank has firmly overtaken both Capitec Bank and FirstRand to become the South African bank with the…
Category: Business
Sizekhaya ushers in a new era for the National Lottery
53 The National Lottery represents possibility. Sometimes that possibility is personal: paying off debt, buying a home, helping family or finally starting the business you’ve dreamed about for years. But the lottery…
Joburg street lights switched off over electricity debt
61 City Power’s SPU accounts, which go towards keeping the street lights on, are in arrears. Households and businesses in Johannesburg may have averted a blackout following threats from Eskom to reduce…
Pep’s new bank ‘PlusB’ will cost just R920m to build
68 This is less than a third of what Old Mutual spent … Pepkor, which is in the process of building a bank offering, says it is targeting a total build cost…
Reserve Bank’s early hike may curb need for sharper tightening
101 Rate path hinges on a ceasefire in the Middle East and how quickly oil prices come down, economists say. Economists and analysts believe the South African Reserve Bank’s (Sarb) latest interest…
Here’s why government has only spent R179m from the R500m Spaza Shop Support Fund
70 Verification processes revealed some spaza shops did not exist. The Department of Small Business Development says R179.5 million from the Spaza Shop support fund has been spent on qualifying businesses around…
Here’s how much R1m bond repayments will cost after repo rate hike
68 Homeowners are set to see extra hundreds added to their monthly instalments. South African homeowners will soon feel fresh pressure on their finances after the country’s central bank hiked the repo…
Arctic Wolf takes aim at South Africa’s security blind spots
69 Arctic Wolf’s Jason Oehley Arctic Wolf, a global cybersecurity leader, has announced the launch of its new Aurora Attack Surface Management (ASM) offering in South Africa, giving local organisations unprecedented visibility…
SA telecoms industry veteran appointed to top Eskom job
73 Junaid Munshi Eskom has appointed telecommunications executive Junaid Munshi as group executive of its distribution division, effective 1 June 2026. Munshi has 30 years of engineering, marketing and commercial leadership experience…
‘We are truly sorry’ – Pick n Pay on customers’ data breach
89 Retailer says only personal information and limited credit card information were compromised. Retail giant Pick n Pay says it is “truly sorry” for the personal information that was compromised in the…