220 Nvidia CEO Jensen Huang. Steve Marcus/Reuters Nvidia CEO Jensen Huang has dismissed fears that AI will replace software and related tools, calling the idea “illogical”, after a significant selloff in global…
Category: Business
Sharp decrease in SA automotive exports in December due to uncertainty around US tariffs
244 South Africa still recorded a preliminary trade surplus of R201.6 billion in 2025, slightly higher than in 2024. There was a sharp decrease in South African automotive exports due to uncertainty…
Township businesses in Gauteng made over R1 billion, thanks to Uber Eats
248 ‘This proves that township economy is a real thing, and can produce tangible results.’ Township businesses in Gauteng have generated more than R1 billion in revenue since the partnership between Uber Eats and…
Sars now turns to high-wealth individuals who pay almost half of all personal income tax
219 According to Sars, around 2 800 South Africans with assets exceeding R50 million collectively hold an estimated R150 billion offshore. The South African Revenue Service (Sars) is now focusing on the…
OpenAI chip rethink signals turning point in AI hardware market
244 OpenAI CEO Sam Altman. Shelby Tauber/Reuters OpenAI is unsatisfied with some of Nvidia’s latest AI chips, and it has sought alternatives since last year, eight sources familiar with the matter said….
China’s Haier takes aim at Samsung, LG and Hisense in South Africa
248 The entry of China’s Haier into South Africa looks set to sharpen competition in the local home appliance market, raising pressure on established brands such as Samsung, LG and Hisense. The…
Heavyweights backing ZARU, a new rand-based stablecoin in South Africa
293 A partnership between four South African financial institutions has led to the launch of an “institutional-grade” stablecoin pegged to the rand. Dubbed ZAR Universal, or ZARU, the stablecoin will made available…
SA regulators permitting sale of vehicles with lower safety standards
213 The same vehicle sold in all other major markets has higher mandatory safety standards than in SA, according to the Automobile Association. Vehicles with inferior safety protection features compared to those…
South African tech start-ups that sold big on the world stage
311 South African technology entrepreneurs are among the most creative and resilient in the world, with some of the most successful homegrown start-ups having gone on to tackle international markets. Some choose…
Xneelo breaks ground on second Samrand data centre
229 Xneelo has begun construction on a second data centre at Samrand in Gauteng, expanding its infrastructure footprint as it prepares for growing demand for hosting and cloud services in South Africa….