66 Credit rating agencies Moody’s and Fitch both point out that South Africa has a problem with high government debt and structural weaknesses. Rating agency Moody’s says structural weaknesses are keeping borrowing…
Category: Business
Manufacturer confidence drops to lowest level in a year and a half
73 Rising electricity costs, growing competition from cheaper imports and challenges within the steel industry impacted producer sentiment. Despite a notable increase in sales and production activity in some manufacturing subsectors, the…
Discovery Bank CEO Hylton Kallner on the future of banking in South Africa
122 Hylton Kallner Discovery Bank is cementing its place as a serious digital challenger bank in the South African market. In its full-year results released published last week, for the period to…
DStv’s MultiChoice makes changes to pave way for Canal+
56 MultiChoice will restructure the group to comply with the Electronic Communications Act, enabling Canal+ to acquire it. DStv’s parent company, Multichoice Group, will restructure the company to comply with the Electronic Communications Act (ECA),…
Fintechs and crypto shake Africa’s banking foundations
87 Rapid changes in the payments landscape across Africa are challenging traditional banks, which are being forced to adapt quickly to new modes of facilitating transactions such as mobile money and cryptocurrencies….
DA presses ahead with proposal for South African Cyber Commission
89 The DA’s Glynnis Breytenbach The DA is intensifying its efforts to create a Cyber Commission, with news on Tuesday that it has tabled a private members bill in parliament to this…
Caxton shines in flat economy
115But admits there is no expectation that the economic outlook will change substantially for the better in the year ahead. JSE-listed Caxton & CTP Publishers, Printers and Distributors delivered solid operating results…
iPhone 17 price surprise in South Africa
99 The price of the iPhone 17 series in South Africa will be lower than the iPhone 16 line-up was at launch — the second year in a row that Apple’s smartphones…
South Africa’s telecoms sector has a customer sentiment problem
146 The telecommunications sector scored lowest in customer sentiment compared to other major industries in 2024, according to the PwC South African Telecommunications Sentiment Index, produced in collaboration with DataEQ. “Sentiment data…
BMIT hired to develop new funding model for the SABC
86 Communications minister Solly Malatsi The department of communications & digital technologies has appointed BMI-TechKnowledge Group (BMIT) to develop a new funding model for the SABC in what could prove to be…