67 Private schools association warns it’ll discourage initiatives aimed at providing much-needed education infrastructure. Several educational institutions have voiced their strong objection to proposed changes to the value-added tax (Vat) Act, that…
Category: Business
Naspers to implement five-for-one share split next month
96 Naspers has declared and finalised a five-for-one subdivision of both its “N” and “A” shares, saying the move will make the stock more accessible to retail investors. The implementation will kick…
MultiChoice begins restructuring ahead of Canal+ takeover
75 MultiChoice Group has kicked off the reorganisation of its South African operations, a key condition set by the Competition Tribunal before French media giant Groupe Canal+ can proceed with its R55-billion…
Rolling Stone owner sues Google over AI Overviews
85 The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit…
AI boom puts Africa at a crossroads
111 Last week, Prof Arthur Mutambara, director of the University of Johannesburg’s Institute for the Centre of Knowledge, launched his new book, Deploying Artificial Intelligence to Achieve the UN Sustainable Development Goals….
Walmart may turn to tech to outsmart savvy South African rivals
108 US megaretailer Walmart’s move to introduce its own-branded stores in South Africa is going to be met with stiff competition from established retailers, but its advancements in retail technology – spanning…
Larry Ellison is back: from Silicon Valley bad boy to AI kingmaker
84 Fortune magazine wondered on its cover whether Oracle co-founder Larry Ellison might become the world’s richest person, while BusinessWeek declared Ellison is “cool again”, noting that “Silicon Valley’s bad boy is…
Parks Tau turns thoughtful reform into farce
105 Trade minister Parks Tau It felt like good progress was being made on two fronts – easing the labour law burden on small companies and enabling lending to small businesses. But…
Wafer-thin phones prove design is trumping common sense
93 In the smartphone industry, thin is in — but it really shouldn’t be. Last week, Apple unveiled the iPhone 17 Air, its thinnest iPhone ever, while Samsung recently debuted the Galaxy…
Sentech turns in loss despite hike in revenue, clean audit
90 Sentech CEO Tebogo Leshope Despite allegedly being owed R1-billion or more by the SABC for signal transmission fees, Sentech has reported 16% growth in revenue for the 2024/2025 financial year. However,…