119UMarketPro and Protea Markets use Mixirite’s FSCA licence, but multiple factors point to links with the banned platforms. The banned contracts-for-difference (CFD) platforms Banxso and AfriMarkets may have had their licences withdrawn…
Category: Business
WeBuyCars delivers strong growth, expands footprint and names deputy CEO
145 WeBuyCars CEO Faan van der Walt WeBuyCars Holdings has reported another year of strong growth, with revenue up 13% to R26.4-billion and core headline earnings rising 15% to R937.6-million for the…
Starlink risks ceding ground to rivals in South Africa amid licensing battle
107 Dominic Cull Ryan Goodnight, senior director of market access and development at SpaceX, told Africa Tech Festival attendees last week that Starlink could launch in South Africa “tomorrow” if four lines…
A R688m lifeline – but no salvation for SA media
114 The Google settlement is a signal that the media sector cannot survive without domestic support. Google’s agreement to pay the South African media industry a combined R688 million over the next…
Adobe and Dax Data drive generative AI adoption in the African market
140 If you make creative content for a living, your work has never been more valuable. Everyone recognises that creativity drives business growth, meaning that the people you work with often want…
MTN SA posts solid post-paid gains as prepaid stalls in fierce market battle
147 MTN South Africa increased the number of post-paid customers on its network in the third quarter of its 2025 financial year, growing the figure by 7.3% year on year to 4.6…
Shoprite jobs platform hires workers closer to home
146 Shoprite Group has developed and deployed a centralised digital recruitment platform that is already changing how South Africa’s largest private employer sources employees. Built in partnership with local technology SME, OTB…
MTBPS: Godongwana says billions lost to illicit trade could have stopped tax hikes
142 Illicit cigarettes trade has grown to 75% in 2025 from 19% in 2014. Minister of Finance Enoch Godongwana has expressed concern about the rising rate of illicit trade, stating that the…
new inflation target and fiscal anchor is coming
128 Finance minister announced the new inflation target and promised a fiscal anchor that is not too far off to curb government spending. Finance minister Enoch Godongwana announced the new inflation target…
Godongwana pulls it off the first time this time
139 He had news many people were waiting for on the inflation target, the fiscal anchor and a budget surplus of R19.7 billion. After Budget 2025 was postponed twice, Finance Minister Enoch…