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Category: Business

MTN South Africa cuts revenue outlook as competition bites

Posted on August 18, 2025

212 MTN South Africa has revised its mid-term service revenue guidance downwards as the operator faces stiffer competition in its home market, despite a positive upswing in its operations in the rest…

Sars to get tougher as it chases R513 billion in unpaid tax

Posted on August 18, 2025

196 If the taxman scares you, you better run. He is on a mission to find almost half a trillion rand and will be tougher and more efficient. Taxpayers can expect Sars…

Can South Africa reform fast enough to beat unemployment?

Posted on August 18, 2025

148 Economists calculate that unemployment can only be reversed if the economy grows by 3% but economic growth is happening too slowly. Everybody agrees that South Africa should change, but can it…

US grand jury probing MTN over Iran, Afghanistan allegations

Posted on August 18, 2025

206 MTN Group on Monday disclosed that it is now the subject of a grand jury investigation by the US department of justice. The investigation will look into MTN’s operations in Afghanistan…

Here’s how much Goodyear employees will receive as Kariega plant shuts down

Posted on August 18, 2025

229 Numsa is working with government to take over the manufacturing plant after Goodyear insisted on removing its intellectual property. The National Union of Metalworkers of South Africa (Numsa) have claimed a…

MTN Group bounces back – TechCentral

Posted on August 18, 2025

295 MTN Group CEO Ralph Mupita Africa’s biggest telecommunications operator, MTN Group, swung to a half-year profit, it said on Monday, as macroeconomic conditions, inflation and foreign exchange rates in key markets…

Betway Cares Foundation: The heart behind the brand

Posted on August 18, 2025

186 From sports fields and classrooms, to remote villages and urban Joburg, Betway is making a lasting impact across SA and beyond. Through its foundation, Betway empowers communities with resources, opportunities and…

Absa pours billions into tech, boosting cybersecurity and automation drive

Posted on August 18, 2025

177 Absa Group’s IT spend for the six months to 30 June reached R8.2-billion, a 5% year-on-year increase from the same period in 2024, as it ramped up spending on security and…

Former RAF CEO Collins Letsoalo refers a dispute with the fund to the CCMA

Posted on August 18, 2025

181 It is believed the dispute relates to Letsoalo’s expectation of the renewal of his contract at the RAF. Former Road Accident Fund (RAF) CEO Collins Letsoalo has referred a dispute with…

Standard Bank raises alarm over AI-driven fraud

Posted on August 18, 2025

284 Standard Bank has warned its clients of a rise of “spoofing” scams in recent months, where fraudsters use AI-generated voices and e-mails to impersonate bank officials. “These scams are increasingly difficult…

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