232 Elon Musk. David Swanson/Reuters Elon Musk’s artificial intelligence start-up, xAI, has sued Apple and ChatGPT maker OpenAI, accusing them of illegally conspiring to thwart competition for artificial intelligence. Apple and OpenAI…
Category: Business
Trump threatens global tariff war over digital taxes
212 Donald Trump. Image: Gage Skidmore US President Donald Trump on Monday threatened countries that have digital taxes with “subsequent additional tariffs” on their goods if those nations do not remove such…
Consumers may cough up billions more, after Nersa’s closed-door Eskom deal
159A pricing expert estimates the electricity tariff increase could rise as much as 25.24%. All indications are that the energy regulator Nersa has once again entered a settlement with Eskom regarding its…
First step for rail reform but it needs swift implementation
292 The new operators will move about 20 million tonnes more annually from 2026/27 and unlock R100 billion in rolling stock investments. Rail reform took a big step forward last week when…
State capitalism creeps into corporate America
329 US President Donald Trump said he wants to make more investments in healthy US companies on Monday. Whether corporate America is on board is another story. The White House announced a…
South Africa’s fibre roll-out stalled while regulators shuffled paper
346 Maziv CEO Dietlof Mare South Africa’s competition authorities need to improve the speed at which they make decisions to limit the harm that drawn-out regulatory processes have on businesses, their associated…
BHF heads for ConCourt to review passing of NHI Bill in parliament
275 The BHF believes the NHI Act is unconstitutional because it didn’t have meaningful public participation The Board of Healthcare Funders (BHF) is heading for the Constitutional Court to ask that it…
Here’s how much extra automotive workers will receive after wage negotiations
312 Unions Numsa and Misa negotiated for above inflation increases that business representatives say will ensure stability. The National Union of Metalworkers of South Africa (Numsa) and the Motor Industry Staff Association…
More than speed: How fast and reliable withdrawals reflect broker transparency
257 How frictionless withdrawals separate transparent brokers from the pack. Any online trading platform you check, you’ll come across metrics like “execution speed, tight spreads, and platform stability”. Sure, these are all…
Worries about South Africa’s access to Swift payments network: report
265 South Africa’s top banking executives and finance minister Enoch Godongwana have held discussions on the potential fallout if Washington were to impose sanctions on the country, according to a report by…