253 The cost of a data breach in South Africa has declined slightly to R44.1-million, according to a new research report from IBM. The company said in a statement on Friday that…
Category: Business
Experts dismiss Taiwan chip threat as low risk to South Africa
197 A TSCM fabrication plant in Taiwan The apparent threat by Taiwanese officials to impose microchip export restrictions on South Africa is likely unenforceable. Most of the electronic equipment sold in South…
US tariff of 30% confirmed for SA but negotiations continue, president says
199 The confirmation of the US tariff is bad news for citrus farmers, who had earlier pleaded with the president to at least secure a pause in the tariffs. The White House…
Novus bid for Mustek runs into more heavy weather
196 Mustek’s head office in Midrand, Johannesburg Printing and packaging firm Novus Holdings’ offer to buy out other shareholders in technology group Mustek has hit another hurdle. The two companies said in…
Bitcoin devours electricity meant for the world’s poor
211 For seven decades, poor countries wanting to get rich have turned again and again to dams. For the post-independence leaders of Egypt and Ghana in the 1950s, hydroelectricity and sovereignty were…
BYD reportedly launching sub-R400 000 electric car in South Africa
200 BYD’s Atto 1 BYD – the Shenzhen-headquartered vehicle manufacturer sometimes referred to as “China’s Tesla” – will launch its lowest-model to date, the Atto 1, in South Africa next month, at…
ArcelorMittal narrows loss, warns of persistent headwinds
201Top priorities for the government are boosting local steel demand and sharply curbing high import levels to support the domestic industry, says company. JSE-listed ArcelorMittal South Africa (Amsa) has reported a narrower…
Trump tariffs to slam South Africa
202 Trade minister Parks Tau South Africa faces a 30% tariff on its exports to the US starting next week, a move expected to cost tens of thousands of jobs after the…
Tim Cook says Apple ready to open its wallet to catch up in AI
250 Apple CEO Tim Cook. Carlos Barria/Reuters Apple CEO Tim Cook signalled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building…
PPI increases as anticipated, but still low and won’t affect repo rate decision
251 ‘The price pressure came mainly from food and beverages and tobacco products that increased by 4%.’ The Producer Price Index (PPI) for June rose to 0.6% from 0.1% in May, as…