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Category: Business

South Africa pushes ahead with new Western Cape nuclear plant

Posted on August 8, 2025

155 The Koeberg nuclear power station north of Cape Town. Image: Eskom The environment minister on Friday upheld a previous decision granting environmental authorisation for state-owned power utility Eskom to build and…

Steel billet exports increase, scrap metal exports slump

Posted on August 8, 2025

125This created arbitrage with an estimated value of R780 million for exporters. Policy interventions in the scrap metal market have created arbitrage between the price preference system (PPS) discount and the export…

OpenAI unveils GPT-5, promising ‘on-demand software’ and PhD-level expertise

Posted on August 8, 2025

169 OpenAI has launched its GPT-5 artificial intelligence model, the highly anticipated latest instalment of a technology that has helped transform global business and culture. OpenAI’s GPT models are the AI technology…

Will SA finally be off the grey list after Financial Action Task Force visit?

Posted on August 7, 2025

165 The Financial Action Task Force greylisted South Africa due to its failure to comply with its standards and measures. The Financial Action Task Force concluded its on-site assessment of South Africa…

These ships have finally sailed – bye Karpowership!

Posted on August 7, 2025

153 South Africa is now finally free of the 20 year, R200 billion shackle in the form of the Karpowerships that would have destroyed our economy. In the dark days of load…

What’s holding PayShap back in South Africa

Posted on August 7, 2025

231 High fees, gaps in consumer education and friction related to ease of use are just some of the factors holding back the adoption of South Africa’s PayShap payments platform, especially in…

New era awaits Pick n Pay as the Ackerman family steps back

Posted on August 7, 2025

160 In a move that will give the family less oversight of Pick n Pay, Gareth Ackerman resigned as chairman on Tuesday. Pick n Pay is entering a new era. For the…

Trump, Ramaphosa reopen dialogue as tariffs hit

Posted on August 7, 2025

143 US President Donald Trump President Cyril Ramaphosa and his US counterpart Donald Trump spoke by phone on the eve of the introduction of Washington’s punitive new tariff regime. The call signals…

Intel shares dive as Trump calls for CEO’s immediate exit

Posted on August 7, 2025

154 Intel CEO Lip-Bu Tan. Anna Wang/Reuters US President Donald Trump called for the immediate resignation of Intel’s new CEO, Lip-Bu Tan, saying he was “highly conflicted” after questions arose about his…

UK man’s 12-year quest to recover $900m bitcoin lost in landfill site

Posted on August 7, 2025

149 James Howells accidentally threw away his hard drive, containing 8 000 bitcoin 12 years ago and the council turned down his offer to purchase the landfill site. Now he has a…

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