198 National Treasury has allocated a total of R2.2 billion to refund Ithala customers. More than R1 billion has been processed to Ithala customers within 29 days, representing 50% of the total…
Category: Business
Closure of BAT shows how illicit economy is killing jobs – 35 000 of them
176 The numbers show that the illicit cigarette economy exploded from one-third to three-quarters of the cigarette market since 2019. If the closure of BAT does not convince people that the illicit…
Icasa to target Sentech with tougher broadcast pricing rules
189 The Sentech television broadcasting tower in Auckland Park, Johannesburg Communications regulator Icasa has published draft regulations that will, when introduced, significantly tighten oversight of Sentech’s terrestrial broadcasting signal distribution business, formally…
Why South Africa’s internet boom isn’t driving an economic boom
198 Net Nine Nine CEO Albert Oosthuysen Despite global trends showing a correlation between higher internet penetration rates and GDP growth, South Africa’s high internet penetration has failed to translate into robust…
Sanral board term extended … again
209 Outa says this is negative for governance at the roads agency. The term of the board of the South African National Roads Agency (Sanral) – which is three years – has…
Sansa warns of severe solar storm risk in next 24 hours
186 The South African National Space Agency (Sansa) has warned that geomagnetic storm activity is expected to intensify over the next 24 hours following a powerful solar eruption that sent a cloud…
trust is the first step to generative AI ROI
200 Executives do not need another pep talk about artificial intelligence. They need proof that their investment will pay off without exposing the organisation to risks they cannot defend. The latest global…
South Africa stopped growing in 2009
195And has been underperforming average global growth for 15 years. Things are looking a lot brighter at the start of 2026 than they have in easily the past five years. Eskom is…
Global space-tech investment set to surge in 2026
163 SpaceX’s Falcon Heavy Global investment in space technology is poised to climb further in 2026, propelled by government spending on defence-linked satellite systems and private sector bets on launch capacity, investment…
Warning that AI could hit first-time jobseekers hardest
224 Labour market conditions for young people remain problematic in large parts of the world, and as the adoption of AI increases, concerns are growing about its impact on first-time jobseekers in…