120 PICTURE: PEXELS In today’s economy, managing your money sensibly is more crucial than ever. However, a lot of people are intimidated by complicated financial terms or are unsure of where to…
Category: Business
Prosus moves to unlock Just Eat takeover with Delivery Hero selldown
121 Naspers and Prosus CEO Fabricio Bloisi Prosus has offered to sell down its holding in Delivery Hero to help pave the way for regulatory approvals for its acquisition of Just Eat…
SharePoint zero-day impact ripples around the world
150 A sweeping cyber espionage operation targeting Microsoft server software compromised about 100 organisations as of the weekend, two of the organisations that helped uncover the campaign said on Monday. Microsoft on…
Can SMEs survive Trump tariffs? Here is what small businesses can expect from July
113 There is still hope that the government trade negotiation teams will be able to strike a deal before the 30% tariffs come into effect. It is about to be a bumpy…
Economists expect small increase in inflation to 3%
118 The inflation rate for June will be announced on Wednesday, while the repo rate will be announced on 31 July. While the inflation rate was 2.8% in May and April, most…
EFTs may go in Reserve Bank payments overhaul
133 Reserve Bank govenor Lesetja Kganyago The South African Reserve Bank has released a position paper outlining how it intends carrying out its national payments ecosystem modernisation programme. According to Reserve Bank…
S&P Global exposes Transnet’s operational crisis as it fails to meet targets
105 The rating agency’s assessment is that Transnet is “entirely dependent on state support” and faces “sizable negative free operating cash flow”. S&P Global’s downgrading exposes Transnet’s operational crisis as reform efforts…
Africa’s phone king eyes $1-billion Hong Kong listing
142 Shenzhen Transsion Holdings, the biggest seller of mobile phones in Africa, is weighing a second listing in Hong Kong, according to people with knowledge of the matter. Transsion is in talks…
Credit providers must not delete your whole credit history after debt review — NCR
102 Credit providers are less likely to grant credit to someone with no credit history, as they cannot assess whether the person will be a reliable payer. Debt review has helped many…
WeBuyCars lets AI take the wheel
163 JSE-listed vehicle trading platform WeBuyCars has built two AI tools it said it believes will form a “cornerstone of its future growth”. Dubbed “Blue” and “Orange”, the artificial intelligence tools will…