141 The Seacom 2.0 cable, Seacom’s planned 25 000km submarine broadband system announced earlier this week, will go live in late 2029 or early 2030, according to the company’s CEO, Alpheus Mangale….
Category: Business
Agoa ends today, but Tau still optimistic it will be renewed
105 The US Congress approved Agoa to assist the economies of sub-Saharan African nations and improve economic relations. Although the African Growth and Opportunity Act (Agoa), a piece of US legislation that…
Capitec mobile, services now drive over a quarter of revenue
127 Capitec CEO Graham Lee Fintech services, which include revenue from MVNO Capitec Connect and other value-added services like the recently launched airtime advance, now account for just over a quarter of…
Vivo aiming to be the Haval of South Africa’s smartphone market
148 Vivo South Africa GM Tony Shi Chinese car brands such as Haval, Chery, BYD, Omoda and Jaecoo are making massive inroads in South Africa’s new vehicle market, challenging traditional incumbents as…
AI-powered Alexa+ headlines Amazon’s new device line-up
117 Amazon’s Panos Panay unveiling the Scribe tablet Amazon on Tuesday unveiled a refreshed line-up of devices optimised for home security and its new artificial intelligence-infused Alexa+ voice assistant. At an event…
Consumer Tribunal orders two used car dealers to pay up R395 075
117 Two consumers are getting their money back after they bought used cars that had defects they were not aware of. The National Consumer Tribunal has ordered two used car dealers to…
Money spent to pay debt and buy used cars
133 What pension fund members used the money for shows just how desperate and financially stressed consumers are. Pension fund members whose funds are administered by Liberty mainly used the money they…
Have your say: Minister opens SME classification rules for comment
109 Regulations are being updated with the aim of keeping classifications fair and relevant to the economy. The public have until 27 October to comment on the proposed criteria for determining the…
Spotify founder and CEO to step down
119 Daniel Ek on stage in 2024. Laure Andrillon/Reuters Spotify founder-CEO Daniel Ek will step down to become executive chairman in January, the Swedish streaming company said on Tuesday as it named…
Most civil construction workers unhappy with business conditions
87 ‘Overall, the sector is still on track for a much-improved performance for full year 2025 than the 6.1% drop recorded in 2024.’ Most civil construction workers remain dissatisfied with prevailing business…