246 Standard Bank Group CEO Sim Tshabalala. Luc Gnago/Reuters Standard Bank Group said on Thursday that its CEO, Sim Tshabalala, would retire towards the end of 2027 in line with its leadership…
Category: Business
Trump eases rocket rules, boosting Musk’s SpaceX
238 The entrance to the SpaceX rocket launch area in Brownsville, Texas. Veronica Gabriela Cardenas/Reuters US President Donald Trump signed an executive order on Wednesday to streamline federal regulation governing commercial rocket…
The great blockchain letdown – TechCentral
296 If you asked someone 10 years ago what the hottest technology of the 2020s would be, they would probably have said “blockchain”. It was all the rage. Forget bitcoin, they said,…
PIC stuffs more funds into Daybreak Foods, after chicken catastrophe
200 NSPCA and business rescue professionals are working together to achieve what those responsible – and being paid – failed to do. It took a public outcry and the killing of thousands…
Bitcoin hits fresh record amid investor optimism
201 Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the US Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset…
Life insurers settled 95.6% of all death claims in 2024, paid out R39.5 billion
204Asisa started publishing the average pay-out rate of life insurers provide consumers with the peace of mind that valid claims are paid. Life insurers settled 95.6% of all death claims in 2024…
Business confidence increases, but will come under pressure from US tariff
192 Although business confidence is higher since the beginning of 2025 compared to the same seven months in 2024, US tariffs can change all that. Business confidence increased in July, but the…
Unemployment could get even worse in third quarter due to US tariffs
212 SA’s already-high unemployment rate increased to 33.2% as the number of unemployed individuals shot up by 140 000. After the shocking announcement on Tuesday that the South African unemployment rate increased…
Chinese smartphone maker Xiaomi to launch electric cars in South Africa
230 The Xiaomi SU7 Ultra beat the Tesla Model S Plaid at the Nürburgring Chinese consumer electronics giant Xiaomi, which has diversified into electric cars in recent years, has revealed for the…
Driving on sunshine – how EVs and solar could power South Africa forward
154 South Africa’s energy and mobility sectors are colliding in transformative ways. Electric vehicles have become more accessible, and CleanTechnica reports that local EV sales have grown by 35% between 2023 to…