152 Without having a substantial amount of savings or investment products with the bank, it’s now close to impossible to get to Level 5 without insurance, an offshore account, or family banking….
Category: Business
Seacom 2.0: Alpheus Mangale unpacks all the details about the giant new subsea system
141 Seacom last week announced that it plans to build one of the highest-capacity subsea broadband cable systems the world has ever seen. Dubbed Seacom 2.0, the cable system – which will…
Solidarity in deal to export South African skills online to US
165 Solidarity CEO Dirk Hermann Trade union Solidarity has signed a deal with US company Propay Prime US to export South African IT skills – online, from South Africa. Propay, which focuses…
SA citizens left behind as other countries improve
182Study finds the SA government has deteriorated over the past five years relative to other countries, with Rwanda’s government among many that are doing better than ours. The South African government is…
South African business conditions improve
209 Business conditions in South Africa’s private sector improved for the fifth month running in September, buoyed by a rise in output and new orders, S&P Global reported on Friday. The Purchasing…
Oracle urges urgent upgrades as hackers exploit flaws
139 Oracle said customers of its E-Business Suite of products “have received extortion e-mails”, confirming a warning first issued on Wednesday by Google. In a blog post, the California-based tech company said…
No relief in sight for SA consumers this festive season, expert warns
187 The decrease in consumer confidence for the third quarter shows that consumers are battling financially and there will be no respite soon. There will be no relief in sight for consumers…
Time for Eskom and Transnet to get their act together to grow economy
200 Although Eskom and even Transnet have stabilised, they have to sustain this to grow the economy and be competitive. It is time for the country’s state-owned enterprises such as Eskom and…
AI takeover: 180 094 people retrenched globally in the tech sector
183 However, some companies, like Volkswagen, have decided to pause the adoption of automation to protect jobs. Many companies have begun adopting automation and artificial intelligence (AI) for various reasons. However,…
South Africa and Europe must forge new EV value chain, says BMW boss
204 BMW South Africa CEO Peter van Binsbergen South Africa and Europe should collaborate on building an alternative “value chain” for electric vehicle components such as batteries to reduce dependence on China,…