112 Brendan McDermid/Reuters Google has unveiled a new line-up of Pixel smartphones and gadgets, intensifying its efforts to embed artificial intelligence across a wide ecosystem of products. The products were launched at…
Category: Business
Outa wants urgent reform of Setas, says minister’s intervention not enough
129 Outa says putting a Seta under administration ‘does not magically clean it up’. Civil action organisation Outa is calling for urgent reform of the sector education and training authorities (Seta) and…
Upbeat Prosus plans R35-billion in asset sales
114 Fabricio Bloisi Dutch technology investor Prosus plans to raise US$2-billion (R35-billion) through asset sales in the near term, the company’s CEO said on Wednesday as he announced a 54% increase in…
Increase in inflation of 0.5% expected, but could drift higher
109 Economists disagree whether the inflation rate for July will encourage the Reserve Bank to cut the repo rate The inflation rate increased by 0.5% from 3% in June to 3.5% in…
Salaries slide in July, showing strain in job market
111 Although salaries seem to be decreasing now, economists still believe that 2025 will be a better year for take-home-pay. Salaries decreased in July as it started showing the strain in the…
Maziv says it’s ready to roll with new fibre builds
148 Maziv chairman Pieter Uys Last week’s decision by the competition appeal court to set aside an earlier ruling by the Competition Tribunal blocking Vodacom’s Maziv deal – allowing the merger to…
China may embrace stablecoins in major monetary pivot
149 China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal…
Treasury shuts door on ‘honest mistakes’ as tax penalty rules tighten
132Treasury publishes proposals to tighten tax laws. National Treasury published several legislative amendments over the weekend that will give effect to tax announcements made in the 2025 Budget, which was eventually presented…
M-Net pioneer Cobus Stofberg steps down from Naspers, Prosus boards
138 Cobus Stofberg in an undated file photograph, likely taken in the 1990s, on the roof of MultiChoice’s broadcast centre in Randburg, Johannesburg. Image: MultiChoice Group Cobus Stofberg, a veteran of television…
Inflation at 10-month high due to beef prices, but coffee drinkers will be happy
119Economists predicted that inflation would start to increase in the second half of the year, but an increase of 0.5% is a bit steep. The inflation rate increased to a 10-month high…