174 SA’s already-high unemployment rate increased to 33.2% as the number of unemployed individuals shot up by 140 000. After the shocking announcement on Tuesday that the South African unemployment rate increased…
Category: Business
Chinese smartphone maker Xiaomi to launch electric cars in South Africa
178 The Xiaomi SU7 Ultra beat the Tesla Model S Plaid at the Nürburgring Chinese consumer electronics giant Xiaomi, which has diversified into electric cars in recent years, has revealed for the…
Driving on sunshine – how EVs and solar could power South Africa forward
116 South Africa’s energy and mobility sectors are colliding in transformative ways. Electric vehicles have become more accessible, and CleanTechnica reports that local EV sales have grown by 35% between 2023 to…
More women buying houses between R3 million and R5 million
126 This shows that the luxury market is rebounding, even during uncertain times. Despite the South African property market remaining resilient, the country’s economic climate is shaping trends in how individuals buy…
Rosebank Mall flips the switch on massive hybrid power system
180 The popular Rosebank Mall in Johannesburg has unveiled a gigantic new hybrid energy system comprising 1.3MW of solar power, a 7.2MWh battery system, a 4.5MW inverter and three 1MW dual-fuel diesel/gas…
Afristrat liquidation ‘an attempt to misattribute responsibility’ – ex MyBucks SA boss
149 David van Niekerk alleges Afristrat CEO George Manyere was ‘the architect of the downfall of both Afristrat and MyBucks’. Former MyBucks SA CEO David van Niekerk claims the provisional liquidation of…
Every electric car you can buy in South Africa right now – with pricing
214 TechCentral regularly publishes a list of all the battery-electric cars available for sale in South Africa, along with prices, performance figures and more. Since we first published the list in 2022,…
Absa joins Shoprite rewards line-up with up to 60% cashback
138 Six months after a deal with First National Bank rewards programme eBucks ended, Shoprite Group has announced a new partnership with Absa. Shoprite, which owns Checkers and the popular Sixty60 on-demand…
Gold and platinum shares steal the show as JSE cracks new high
97Year-to-date returns range from 90% to 161% for leading gold and platinum counters. Gold and platinum shares have stolen the show on the JSE this year, with returns as high as 161%…
Nedbank buying iKhokha in R1.65-billion deal
152 Nedbank has acquired Durban-based payments fintech iKhokha for R1.65-billion in an all-cash deal. According to Nedbank, the acquisition marks a “significant milestone” in the bank’s strategy to deepen its support for…