135 Yoco co-founder and outgoing CEO Katlego Maphai Katlego Maphai, co-founder and long-serving CEO of South African fintech company Yoco, has announced he will step down from the role after more than…
Category: Business
JSE hits new record above 105 000
131Before closing just shy of this new milestone. The JSE All Share Index (Alsi) touched a fresh record above 105 000 points on Tuesday, remaining at those levels for most of the…
Zero Carbon Charge moves from Wolmaransstad proof site to N3, N1 corridors
157 Zero Carbon Charge’s proof-of-concept site near Wolmaransstad Zero Carbon Charge, the company building a network of national off-grid electric vehicle charging stations, said on Wednesday that it plans to begin construction…
MTN bets on AI data centres to drive next growth phase
137 MTN Group CEO Ralph Mupita MTN Group is preparing a major push into artificial intelligence infrastructure, signalling a strategic shift beyond its traditional telecommunications business. According to a Bloomberg News report…
Economists’ expectations for inflation and the repo rate this week
79 Will inflation stay above 3%, and will the repo rate be cut again after a 25 basis point cut in July, or will the Reserve Bank rather pause the cutting cycle?…
Outa seeks to drive final nail into e-tolls coffin
130 The Organisation Undoing Tax Abuse (Outa) has launched fresh legal action in the high court in Pretoria, seeking an order that roads agency Sanral has effectively abandoned its e-tolls debt claims…
BYD debuts R340Â 000 EV in South Africa
126 Chinese vehicle manufacturing giant BYD on Tuesday unveiled South Africa’s new cheapest electric car, costing just R339 900. BYD, often describes as China’s Tesla – and which is even outselling Tesla now…
TikTok deal signals uneasy middle ground in US-China standoff
156 US President Donald Trump on Tuesday announced an agreement between the US and China to keep TikTok operating in the US, with three sources familiar with the matter saying the deal…
Inflation expectations the lowest ever as GDP languishes
94 The inflation expectations are important because it is one of the surveys the MPC uses to determine the repo rate. Inflation expectations for the third quarter of 2025 are the lowest…
High borrowing costs in SA, while Fitch keeps rating stable
93 Credit rating agencies Moody’s and Fitch both point out that South Africa has a problem with high government debt and structural weaknesses. Rating agency Moody’s says structural weaknesses are keeping borrowing…