158 This shows that the luxury market is rebounding, even during uncertain times. Despite the South African property market remaining resilient, the country’s economic climate is shaping trends in how individuals buy…
Category: Business
Rosebank Mall flips the switch on massive hybrid power system
231 The popular Rosebank Mall in Johannesburg has unveiled a gigantic new hybrid energy system comprising 1.3MW of solar power, a 7.2MWh battery system, a 4.5MW inverter and three 1MW dual-fuel diesel/gas…
Afristrat liquidation ‘an attempt to misattribute responsibility’ – ex MyBucks SA boss
203 David van Niekerk alleges Afristrat CEO George Manyere was ‘the architect of the downfall of both Afristrat and MyBucks’. Former MyBucks SA CEO David van Niekerk claims the provisional liquidation of…
Every electric car you can buy in South Africa right now – with pricing
323 TechCentral regularly publishes a list of all the battery-electric cars available for sale in South Africa, along with prices, performance figures and more. Since we first published the list in 2022,…
Absa joins Shoprite rewards line-up with up to 60% cashback
183 Six months after a deal with First National Bank rewards programme eBucks ended, Shoprite Group has announced a new partnership with Absa. Shoprite, which owns Checkers and the popular Sixty60 on-demand…
Gold and platinum shares steal the show as JSE cracks new high
132Year-to-date returns range from 90% to 161% for leading gold and platinum counters. Gold and platinum shares have stolen the show on the JSE this year, with returns as high as 161%…
Nedbank buying iKhokha in R1.65-billion deal
205 Nedbank has acquired Durban-based payments fintech iKhokha for R1.65-billion in an all-cash deal. According to Nedbank, the acquisition marks a “significant milestone” in the bank’s strategy to deepen its support for…
Perplexity in $34.5-billion bid for Chrome web browser
192 Perplexity AI made a US$34.5-billion unsolicited all-cash offer for Google’s Chrome browser on Tuesday, a bid far above its own valuation as the start-up reaches for the browser’s billions of users…
SA sends new proposal but no changes to laws
193 The new offer sent by South Africa responds to the issues the US previously raised. South Africa sent off its new proposal to avoid the US tariff of 30% on goods…
Apple and pear exports lost R1 billion in 2024 due to Cape Town port inefficiencies
191 It is not only US tariffs that keep farmers and export agents up at night. The state of the Cape Town port also has them counting apples. South Africa’s apple and…