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…
Category: Business
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…
Perplexity in $34.5-billion bid for Chrome web browser
143 Perplexity AI made a US$34.5-billion unsolicited all-cash offer for Google’s Chrome browser on Tuesday, a bid far above its own valuation as the start-up reaches for the browser’s billions of users…
SA sends new proposal but no changes to laws
143 The new offer sent by South Africa responds to the issues the US previously raised. South Africa sent off its new proposal to avoid the US tariff of 30% on goods…
Apple and pear exports lost R1 billion in 2024 due to Cape Town port inefficiencies
153 It is not only US tariffs that keep farmers and export agents up at night. The state of the Cape Town port also has them counting apples. South Africa’s apple and…
Windows 10 turns 10 – and is still going strong
130 Windows 10, born on 29 July 2015, was the fix for Windows 8’s stumbles – a sleek return of the Start menu, virtual desktops and smoother, tile-less aesthetics. It came as a free upgrade…
Here’s why employers can’t use NDAs to hide harassment in the workplace
146 NDAs are generally enforceable under South African contract law, provided they are reasonable in scope and duration, and do not violate public policy. Non-disclosure agreements (NDAs) have been criticised for silencing…
An undiscovered giant may be lurking at the edge of our solar system
124 Is there a massive undiscovered planet on the outer reaches of the solar system? The idea has been around since before the discovery of Pluto in the 1930s. Labelled as Planet…
From Beijing to Stellenbosch: quantum signal travels 12 900km
153 Image for illustrative purposes only A breakthrough in quantum technology was achieved in October 2024: the first-ever quantum satellite communication link between China and South Africa. The connection spanned a remarkable…