133 Although the decision was largely expected, the latest inflation and inflation expectations prints created some doubt. The South African Reserve Bank (Sarb) kept the repo rate steady at 7.0% after the…
Category: Business
ROOTS survey finds print advertising is still the way to go
158‘ROOTS provides a wealth of information at the grassroots level and allows you to find key audiences at a local, community level.’ A survey by Caxton Media and market research company Borderless…
Reserve Bank keeps repo rate unchanged at 7%
136 While the Reserve Bank usually follows suit when the US Federal Reserve cuts the repo rate, this time only the Fed did the cutting. As most economists expected, the South African…
Nvidia bets $5-billion on Intel, fuelling turnaround hopes
138 Dado Ruvic/Reuters Nvidia has announced it will invest US$5-billion in Intel, throwing its heft behind the struggling US chip company weeks after the White House engineered a deal for the US…
Krugerrands as a savings and emergency fund
129 It makes sense to lock a few coins away for an emergency, but what about using gold to lock away household money too? The surge in the gold price to above…
Eskom must go back to drawing board on new 3GW power plant
163 One of South Africa’s top courts on Wednesday annulled a government permit allowing Eskom to build a large power plant burning natural gas, saying there had not been proper public consultation….
PayShap success won’t automatically fix SA’s cross-border payments gap
136 Emanuela Saccarola. Image: LinkedIn The successful modernisation of a country’s domestic payments infrastructure onto faster, instant payment rails like South Africa’s PayShap does not always translate into similar success in the…
Mark Zuckerberg bets future of computing on AI-powered Ray-Bans
178 Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses as he delivers a speech presenting the new line of smart glasses at the Meta Connect event in California. Carlos Barria/Reuters…
Another car recall. What do you drive?
166 Stellantis South Africa is recalling certain models of its cars due to faulty airbags. For the past few months, the National Consumer Commission (NCC) has been issuing car recalls as notified…
South Africa unveils digital visa system to boost tourism
240 Home affairs minister Leon Schreiber South Africa is moving to scrap paper-based visa applications with the launch of a new Electronic Travel Authorisation (ETA) system, revealed on Thursday by home affairs…