119 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…
Category: Business
Africa’s phone king eyes $1-billion Hong Kong listing
150 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
116 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
174 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…
SABC wants VAT exemption on TV licences
181 Cash-strapped public broadcaster the SABC has proposed applying to national treasury for a VAT exemption on TV licence fees in an effort to boost its finances. According to a report by…
Tax season now open: Sars pays out R10bn in refunds after auto-assessments, you could be owed
111 Tax season 2025 is scheduled to run until 20 October for non-provisional taxpayers and 19 January 2026 for provisional taxpayers. Taxpayers who were not auto-assessed by the South African Revenue Services…
Telkom has a new logo and brand identity
155 Telkom has made a subtle change to its logo South Africa’s oldest telecommunications operator, Telkom, has a new brand identity, including a refreshed logo. The company, which has been performing well…
Is the dtic sabotaging its minister?
129 Parks Tau appears to prefer the audacity of hope rather than the practicality of reality. In an interview last week, PowerFM’s Mbuyiseni Ndlozi quizzed Minister of Trade, Industry and Competition Parks Tau about…
Jensen Huang walks a delicate tightrope
150 Nvidia CEO Jensen Huang. Florence Lo/Reuters Nvidia CEO Jensen Huang is no stranger to Beijing, but his most recent visit, his third to China this year, cemented his rock star status…
SharePoint zero-day hits servers, Microsoft issues emergency alert
157 Microsoft has issued an alert about “active attacks” on server software used by government agencies and businesses to share documents within organisations, and recommended security updates that customers should apply immediately….