106 Former business associate claims Muhammad Karolia is a fraudster with a gambling problem. Mohammed Ebrahim and vape shop owner Muhammad Karolia were once part of the same large Muslim community scattered…
Category: Business
MTN is cooking with gas in Nigeria
100 MTN Nigeria Communications CEO Karl Toriola MTN Nigeria has delivered a sharp turnaround in the nine months to 30 September 2025, restoring positive retained earnings and shareholders’ equity and declaring an…
the missing link in successful digital payment transformation
133 Remember walking into a grocery store 15 years ago? You’d see a mix of people at the till, some with cash pulled from purses or wallets, others with cheques or debit…
Van Loggerenberg back at Sars a decade after ‘rogue unit’ saga
118 Seasoned investigator among senior officials reappointed as the revenue service rebuilds capacity. Expert investigator Johann van Loggerenberg has returned to the South African Revenue Service (Sars) almost 10 years after being…
Optasia secures strong investor demand ahead of JSE debut
107 Emerging markets fintech Optasia has confirmed it will list on the JSE at a valuation of R23.5-billion following the closing of its bookbuilding period on Thursday. The company – backed by…
Netflix is said to be exploring mega Warner Bros takeover
113 Netflix is actively exploring a bid for Warner Bros Discovery’s studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the…
Will Reserve Bank still cut repo rate with inflation target of 3%?
110 Although a 25 basis points cut in the repo rate does not sound like a big difference, cash strapped consumers will take any extra money they can get. The Reserve Bank…
Good news about jobs in global business services sector
106 In South Africa, where only 16.8 million people out of 41.8 million are employed, it is good news if new sustainable jobs are created. In a time of policy uncertainty and…
Mastercard plots major push into stablecoins
130 Mastercard is in late-stage talks to acquire crypto start-up Zerohash for between US$1.5-billion and $2-billion, Fortune reported on Wednesday, citing five sources familiar with the matter. If the deal goes through,…
Datatec doubles dividend as profits soar
135 Datatec Group CEO Jens Montanana JSE-listed IT multinational Datatec Group has more than doubled its interim dividend after reporting a 109.5% year-on-year jump in headline earnings per share in the six…