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Category: Business

Nersa confirms R54bn secret settlement with Eskom, consumers to pay

Posted on August 28, 2025

120 Consumers to pay almost R100bn for the regulator’s mistakes. Energy regulator Nersa confirmed in a statement on Wednesday evening that it has entered into a settlement with Eskom, following the mistakes…

Why the Blue Label share price is taking a beating

Posted on August 28, 2025

137 Flagship Asset Management’s Philip Short Blue Label Telecoms’ share price has plunged more than a quarter in the past two days after its annual results, published on Tuesday, appeared to disappoint…

South Africa a step closer to getting a national payments utility

Posted on August 28, 2025

280 The Competition Commission has recommended that the Competition Tribunal approve the South African Reserve Bank’s proposed acquisition of full control of BankservAfrica – and has done so without attaching any conditions….

Transnet to issue request for proposals for private rail partners soon

Posted on August 28, 2025

127 However, Transport Minister Barbara Creecy says this process will take place in the context of ‘the network as a whole remaining in state ownership’. Transnet will issue a request for proposals…

Platforms power Altron growth as IT budgets tighten

Posted on August 28, 2025

151 JSE-listed technology group Altron has issued a voluntary operational update for the six months to 31 August 2025, describing its performance in the period as “resilient” as strong growth in its…

Nvidia CEO says AI boom far from over

Posted on August 28, 2025

157 Nvidia CEO Jensen Huang. Kent Nishimura/Reuters Nvidia CEO Jensen Huang on Wednesday dismissed concern about an end to a spending boom on artificial intelligence chips, projecting opportunities will expand into a…

Sarb weighs stablecoins and CBDCs as digital money gains global momentum

Posted on August 28, 2025

160 Stablecoins and central bank digital currencies (CBDCs) are gaining traction worldwide, and the South African Reserve Bank has told TechCentral it is watching the developments closely as it considers if –…

Private sector sees massive profits while over 70% of children attend no-fee schools

Posted on August 27, 2025

171 Experts warn that a large portion of South Africa’s children are being left behind The disparity in resources between government schools and private for-profit education businesses is creating a gulf in…

Probe at Government Pensions Administration Agency, acting head appointed

Posted on August 27, 2025

132 The agency reportedly planned to spend R270 million to revamp an office block in Pretoria, which it intended to rent as its head office for the next 10 years. Finance Minister…

Did you do a Sars auto-assessment? You could face penalties

Posted on August 27, 2025

115 Sars introduced the auto-assessment system to streamline tax season and reduce the need for manual submissions. Tax experts have warned that taxpayers who did the Sars auto-assessment could face penalties because…

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  • Chiefs’ Kaze – It is a big disappointment
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  • Zuma vows to fight for ANC membership and hopes ANC and MK party will merge

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