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Category: Business

R850bn public sector wage bill is government’s biggest expense

Posted on February 26, 2026

243 Government has introduced an early retirement programme to cut down the costs. Government is set to loosen the purse strings by an extra R90 billion, pushing consolidated spending to R2.67 trillion…

Spur lifts profit 13% despite FMD squeeze

Posted on February 26, 2026

192 Interim earnings rise to R244.7m as sales top R6.4bn, dividend climbs 13%, and management backs appeal in R233m GPS dispute. Spur Corporation has delivered a robust set of interim results for…

SOEs rack up losses of R172bn in five years – National Treasury

Posted on February 26, 2026

223 Many SOEs rely on the public purse despite operational gains. Turning around the financial performance of state-owned enterprises (SOEs) is central to improving South Africa’s economic performance, says National Treasury in…

the case for a South African comeback

Posted on February 26, 2026

227 Finance minister Enoch Godongwana doesn’t appear to be a politician given to hyperbole. So, when he stood in parliament on Wednesday and called his 2026 national budget a “turning point” in…

Budget 2026: NSFAS faces billions‑rand funding cut

Posted on February 26, 2026

171 The budget allocation will help 744 203 students access higher education. The National Student Financial Aid Scheme (Nsfas) will receive R54.3 billion in the current financial year to help students from…

Data centre ‘critical infrastructure’ tag welcomed, but detail still thin

Posted on February 26, 2026

182 South Africa’s data centre industry has cautiously welcomed the government’s move to designate data centres as critical infrastructure, though key details – including what incentives will be offered and how the…

The gap between AI hype and CX reality is widening

Posted on February 26, 2026

148 Tech companies are under intense pressure. Renewals are harder to secure, customers expect instant solutions and AI-native competitors are moving fast. Customer experience and customer success teams are tackling more complex…

Nvidia beats again – but Wall Street has stopped cheering

Posted on February 26, 2026

213 Dado Ruvic/Reuters Chip maker Nvidia posted better-than-expected results for the January quarter on Wednesday and forecast current-quarter revenue above market estimates, betting on Big Tech’s unabated spending on its AI processors….

Samsung unveils Galaxy S26 Series: The most intuitive Galaxy AI phone yet

Posted on February 26, 2026

149With powerful hardware working together with an industry-leading camera system and intuitive AI experiences, everyday tasks have never been easier and faster Samsung Electronics Co., Ltd. has announced the Galaxy S26 series,…

fix your legacy systems or your AI investments will fail

Posted on February 26, 2026

236 Accelera Digital Group’s Kim Schulze South African companies are coming under immense pressure to roll out artificial intelligence technology before they get left behind. Google Cloud 2026 AI agent trends shows that…

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