150 Thousands of vessels are being diverted from the Suez Canal around the Cape. The imminent arrival of Peninsula, one of the world’s largest marine bunker traders, in Algoa Bay, Gqeberha, means…
Category: Business
Eskom unplanned outages hit eight-year low
113 Eskom said on Friday that South Africa’s power system remains stable, with month-to-date energy availability at 71% and unplanned outages at an eight-year low. The state-owned utility reported that unplanned outages…
Lots of interest in interest and repo rates
138 Although the inflation rate surprised economists this week, the Reserve Bank did not and kept the repo rate unchanged. This past week, all eyes were on the central banks to see…
G20 discussions may not lead to anything concrete, expert says
109 ‘The G20 discussions are typically ceremonial, performative, and may not lead to anything concrete.’ South Africa has been chosen as the host of the G20 Presidency Summit for 2025. The G20…
Scatec’s Renewable Energy Innovations in Vehicles
137 Norwegian renewable energy systems specialist Scatec has piloted the use of industrial electric vehicles at its solar farms in the Northern Cape. Responding to a query from TechCentral, Scatec said the…
Binance Pay goes live at 31 000 South African merchants with 50% cashback launch
75 Beyond Zapper, Binance Pay is also available at other popular merchants such as Pick n Pay and Bootlegger. Binance Pay has extended its reach in South Africa, enabling cryptocurrency payments at…
Sars tightens its grip on crypto traders
129 The new Crypto-Asset Reporting Framework will give it detailed access to your crypto trading activity. The buccaneering days of hiding crypto transactions from the taxman are probably over. The new Crypto-Asset…
Nvidia-Intel pact leaves AMD exposed in chip wars
162 Dado Ruvic/Reuters Nvidia’s deal with Intel could put the struggling chip maker’s next-generation manufacturing technology on a stronger footing, even without a direct commitment from the AI chip leader to use…
Mercedes-Benz recalls 102 cars due to steering wheel issue
113 The German carmaker warned that the issue could lead to a loss of steerability, increasing the risk of an accident. Mercedes-Benz South Africa is recalling two of its models due to…
Mustek in strong second-half turnaround, hikes full-year dividend
125 Mustek CEO Hein Engelbrecht JSE-listed technology distributor Mustek has delivered an improved bottom line in the year to 30 June 2025, even as group revenue fell sharply in a challenging economic…