189 But it is ‘very unlikely that the global environment would trigger the onset of a rate hiking cycle’. Absa Group has warned that “a prolonged bout of military action in the…
Category: Business
Eskom tariffs to surge on 1 April as Nersa blunder hits home
202 Energy regulator Nersa has officially approved average electricity tariff increases of 8.76% for Eskom direct customers and 9.01% for municipalities for the 2026/2027 financial year – once again pushing up the…
Weaver Fintech’s retail roots fade as fintech engine roars
212 Homechoice CEO Sean Wibberley Weaver Fintech, the JSE-listed Mauritius-domiciled group formerly known as Homechoice International, reported a 23% jump in revenue to R5.5-billion for the year ended 31 December 2025 on…
Absa impairs R2.4-billion in software after strategy rethink
202 Absa Group has written off R2.4-billion in software assets after a revision of its overall strategy led to changes in investment priorities and faster-than-expected technology obsolescence, its annual financial statements show….
Heads up, pet owners! These batches of popular pet foods are unsafe
159 Bobtail, Catmor, Ultra Pet, and Optiwoof are some of the brands affected. Pet owners in South Africa have been warned that dozens of batches of dog and cat food are unsafe…
Microsoft bets on Anthropic as it loosens ties with OpenAI
203 The company on Monday unveiled Copilot Cowork, a tool based on Anthropic’s viral Claude Cowork offering, which has captivated Silicon Valley with its ability to handle complex tasks such as creating…
Tau lambasts Tongaat BRPs over liquidation application
204 Claims the Companies Act is being ‘abused and perverted’ by the BRPs to push for the liquidation of Tongaat ‘against the public interest’ Minister of Trade, Industry and Competition Parks Tau…
Midrand resident drives away in brand-new SUV as Jacaranda FM’s ‘Kia or The Cash’ delivers over 1 million entries
168 More than 1.1 million entries poured in during Jacaranda FM’s ‘Kia Or The Cash’ campaign with Kia South Africa. Jacaranda FM has wrapped up its latest integrated brand campaign with Kia…
Vetting list? Letter to CEO? Here’s what it takes to buy brand new Rolex and Patek Philippe watches
229 An ordinary Rolex or Patek Philippe watch can cost you over R100k. Acquiring items from luxury brands such as Rolex and Patek Philippe is not as easy as walking into the…
Report reveals South Africans are struggling to repay their loans, especially car financing
174 The Credit Stress report revealed that defaulting on loan repayments has grown significantly among senior citizens. The Credit Stress Report for the fourth quarter of 2025 revealed that South Africans are…