204 Image for illustration purposes only Naspers subsidiary Prosus has signed a three-year global partnership agreement with Amazon Web Services to scale the use of artificial intelligence across its portfolio companies in…
Category: Business
Mahindra backs SKD production to attract major auto investment to SA
246 But says it will be the first to blow the whistle on firms exploiting loopholes to avoid SKD component import duties. Mahindra South Africa, the wholly-owned subsidiary of the Indian automotive…
Vodacom’s real growth story isn’t mobile
231 For years, Vodacom Group was viewed primarily as a telecommunications operator with an interesting side business in mobile money. That framing no longer holds: the numbers in its latest quarterly trading…
AI won’t replace software, says Nvidia CEO amid market rout
191 Nvidia CEO Jensen Huang. Steve Marcus/Reuters Nvidia CEO Jensen Huang has dismissed fears that AI will replace software and related tools, calling the idea “illogical”, after a significant selloff in global…
Sharp decrease in SA automotive exports in December due to uncertainty around US tariffs
220 South Africa still recorded a preliminary trade surplus of R201.6 billion in 2025, slightly higher than in 2024. There was a sharp decrease in South African automotive exports due to uncertainty…
Township businesses in Gauteng made over R1 billion, thanks to Uber Eats
195 ‘This proves that township economy is a real thing, and can produce tangible results.’ Township businesses in Gauteng have generated more than R1 billion in revenue since the partnership between Uber Eats and…
Sars now turns to high-wealth individuals who pay almost half of all personal income tax
192 According to Sars, around 2 800 South Africans with assets exceeding R50 million collectively hold an estimated R150 billion offshore. The South African Revenue Service (Sars) is now focusing on the…
OpenAI chip rethink signals turning point in AI hardware market
224 OpenAI CEO Sam Altman. Shelby Tauber/Reuters OpenAI is unsatisfied with some of Nvidia’s latest AI chips, and it has sought alternatives since last year, eight sources familiar with the matter said….
China’s Haier takes aim at Samsung, LG and Hisense in South Africa
187 The entry of China’s Haier into South Africa looks set to sharpen competition in the local home appliance market, raising pressure on established brands such as Samsung, LG and Hisense. The…
Heavyweights backing ZARU, a new rand-based stablecoin in South Africa
262 A partnership between four South African financial institutions has led to the launch of an “institutional-grade” stablecoin pegged to the rand. Dubbed ZAR Universal, or ZARU, the stablecoin will made available…