219 Shoprite Group has acquired a majority stake in R&A Cellular, a point-of-sale platform serving South Africa’s informal retail sector, as part of a push to extend its financial services offering beyond…
Category: Business
JSE plunge sees over R2 trillion wiped out
205 Emerging market volatility peaks amid the Middle East crisis, which saw Brent crude jump almost 25% to $115 a barrel overnight from Sunday. South Africa’s main bourse, the Sandton-based Johannesburg Stock Exchange (JSE),…
Post Office on the brink of collapse
186 Communications minister Solly Malatsi has dismissed as “premature” a move by the South African Post Office’s business rescue practitioners to file for the liquidation of the embattled state-owned company, saying ongoing…
Mideast war could knock 3% off Africa economies – energy regulator
207 Rising fuel costs could affect everything – freight prices, docking fees, tourism, food, transport and factories, the energy regulator says. Fuel shortages caused by the war in the Middle East could…
Flipping the narrative on AI in the Global South
202 In this thought-provoking episode of TechCentral’s TCS+, Mpho Chitapi sits down with Dr Josefin Rosén, principal trustworthy AI specialist in SAS’s Data Ethics Practice and co-author of the influential report Constraint…
AI is coming to your accounting software
256 London-listed accounting software firm Sage has launched an AI platform it said will ease the administrative burden on small business owners across Africa and the Middle East. But it enters a…
AI is dumping 150-page complaints on finance ombud’s desk
179 What used to take a paragraph or two now comes in book-sized tomes, often with fake legal cases as references. The idea that artificial intelligence (AI) will ease workloads is certainly…
New policy direction targets South Africa’s municipal broadband logjam
220 Communications minister Solly Malatsi. Photo: Lerato Sepotokele/DCDT Communications minister Solly Malatsi on Thursday published a draft policy direction aimed at cutting the red tape that has long frustrated network operators trying…
Vox Kiwi: a wireless solution promising a fibre-like experience
209 Access to stable, reliable, high-speed internet is crucial to participating in the modern economy. Although fibre connectivity offers the highest speeds and reliability, fibre penetration rates unfortunately remain relatively low in…
India could surpass SA as Sanlam’s top earnings driver – CFO
161 Scale of Shriram ecosystem highlights long-term growth potential beyond the group’s mature home market. India could eventually surpass South Africa as the largest contributor to earnings at Sanlam, showing the significant…