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Category: Business

The R16-billion tech giant hiding in plain sight

Posted on March 26, 2026

335 Datatec group CEO Jens Montanana JSE-listed technology group Datatec has delivered a total shareholder return of 361%¹ over five years, making it one of the best-performing stocks in the local technology…

Standard Bank overtakes FirstRand to become Africa’s most valuable bank

Posted on March 26, 2026

292 Standard Bank’s market capitalisation has remained above R500 billion over the past few days. Standard Bank Group, Africa’s largest bank by assets, has overtaken FirstRand Group as the continent’s most valuable…

Solly Malatsi’s Post Office gamble

Posted on March 26, 2026

297 Communications minister Solly Malatsi. Image: DCDT Communications minister Solly Malatsi has denied claims by business rescue practitioners (BRPs) for the South African Post Office that his refusal to allow them to…

Setback for South Africa’s electricity market reform

Posted on March 26, 2026

248 The launch of South Africa’s wholesale electricity market has been pushed back from 1 April to the third quarter of 2026, the National Transmission Company South Africa (NTCSA) said on Thursday….

New Woolies CEO gets R100m carrot to double share price

Posted on March 26, 2026

226 Additional targets are growth in earnings and return on capital… New incoming CEO of Woolworths Holdings, Sam Ngumeni, has been awarded nearly 1 million shares in the company under a “special once-off outperformance” structure….

Africa powers mobile money to $2-trillion milestone

Posted on March 26, 2026

306 Global mobile money transactions surpassed US$2-trillion in 2025, doubling in just four years, according to the GSMA’s latest State of the Industry Report on Mobile Money. The mobile telecommunications industry body…

Durban’s finance leaders are done with AI theatre

Posted on March 26, 2026

271 Finance teams are not short of dashboards, automation tools or AI pilots. What they are short of is time and confidence. Time to close, time to forecast, time to interrogate variance…

The conflict of interest at the heart of PayShap’s slow adoption

Posted on March 26, 2026

288 Imagine it’s 2036. Unemployment has been halved, business confidence is robust, and millions of small and medium-sized enterprises are powering sustainable growth. South Africa finally looks like a country realising its…

Build a second income in South Africa

Posted on March 26, 2026

247 For a lot of South Africans, the idea of a second income is no longer some flashy online trend. It is survival, breathing room, school fees, petrol money, a backup plan,…

FirstRand ups stake in Optasia in R1.5-billion deal

Posted on March 26, 2026

248 Banking group FirstRand has increased its shareholding in JSE-listed fintech Optasia to 26.1% after acquiring an additional 6% stake in a deal worth about R1.48-billion. The banking group purchased 74.1 million…

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