228 Binance South Africa GM Hannes Wessels The crypto world moves much more quickly than most people realise. At this speed, there’s plenty of opportunity, but plenty of danger, too. For Binance,…
Category: Business
Oracle sued as bondholders allege AI debt plans were hidden
221 Oracle chairman Larry Ellison. Robert Galbraith/Reuters Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison concealed its need to sell…
Tau welcomes Agoa vote, still talking to US about trade
272 Economists do not have much hope that South Africa will be included in Agoa this time, but the minister’s department is still trying. The Minister of Trade, Industry and Competition has…
Auctioneer fined for selling farm with non-existent dam and crocodile
226The farm was sold four months later to someone who did not mind that there was no dam and no croc, but this buyer was still not refunded. The National Consumer Tribunal…
South Africa’s maths pipeline is collapsing
221 The decline in the number of South African learners taking and passing pure mathematics – as opposed to the more rudimentary maths literacy – at high school level is going to…
BNPL market hots up as Shoprite enters space
244 Shoprite Group has signed a partnership with Weaver Fintech (formerly Homechoice International) subsidiary PayJustNow to bring buy now, pay later (BNPL) payment options to customers for a wide range of items,…
‘New’ Sanral policy on rest and service facilities declared unlawful
229 Roads agency unilaterally hiked the percentage-of-turnover levies paid by developers of these areas, with no clarity as to when this happened. A decision to adopt and retrospectively apply a new policy…
Billions flow into renewables as South Africa races to fix its grid
217 Sola Group’s Springbok solar farm South Africa’s renewable energy sector is poised for a busy year, with multiple projects set to reach commercialisation or break ground as market confidence remains generally…
Activists call for X, Grok to removed from app stores
203 X owner Elon Musk. Benoit Tessier/Reuters A coalition of women’s groups, tech watchdogs and progressive activists is calling on Google and Apple to remove the social media site X and its…
Will Sars be able to avert tax increases?
212 A close watch on debt collections and enhanced compliance measures can be expected. One thing most South Africans do not want this year is three budgets. What they likely want is…