157 Numsa is working with government to take over the manufacturing plant after Goodyear insisted on removing its intellectual property. The National Union of Metalworkers of South Africa (Numsa) have claimed a…
Category: Business
MTN Group bounces back – TechCentral
237 MTN Group CEO Ralph Mupita Africa’s biggest telecommunications operator, MTN Group, swung to a half-year profit, it said on Monday, as macroeconomic conditions, inflation and foreign exchange rates in key markets…
Betway Cares Foundation: The heart behind the brand
126 From sports fields and classrooms, to remote villages and urban Joburg, Betway is making a lasting impact across SA and beyond. Through its foundation, Betway empowers communities with resources, opportunities and…
Absa pours billions into tech, boosting cybersecurity and automation drive
133 Absa Group’s IT spend for the six months to 30 June reached R8.2-billion, a 5% year-on-year increase from the same period in 2024, as it ramped up spending on security and…
Former RAF CEO Collins Letsoalo refers a dispute with the fund to the CCMA
136 It is believed the dispute relates to Letsoalo’s expectation of the renewal of his contract at the RAF. Former Road Accident Fund (RAF) CEO Collins Letsoalo has referred a dispute with…
Standard Bank raises alarm over AI-driven fraud
225 Standard Bank has warned its clients of a rise of “spoofing” scams in recent months, where fraudsters use AI-generated voices and e-mails to impersonate bank officials. “These scams are increasingly difficult…
MTN’s Mupita backs Vodacom-Maziv fibre deal
133 MTN Group CEO Ralph Mupita MTN Group CEO Ralph Mupita has described the competition appeal court’s decision last week to approve the sale of a co-controlling stake in fibre operator Maziv…
Ferdi Moolman is new CEO of MTN South Africa
188 Incoming MTN South Africa CEO Ferdi Moolman Charles Molapisi is stepping down as CEO of MTN South Africa, and is being replaced in the role by Ferdi Moolman, who was a…
Five practical ways SMEs can cut delivery costs
125 If delivery costs are not properly managed, they can drain cash flow, create bottlenecks and ultimately cost customers. It is important for small and medium enterprises (SMEs) to find ways to…
Unemployment increases again as economy sheds 140 000 jobs
106While economic growth is not picking up, unemployment does. The official unemployment rate increased again in the second quarter to 33.2% from 32.9% in the first quarter, with only 16.8 million people…