173 The resilience in economic activity, evident in the PayInc data, serves as a reminder of the complexity of the South African economy an economist says. Economic activity was stronger in September…
Category: Business
IMF expects SA economy to grow by 1.1%, not too worried about US tariffs
206 Although consumers and governments want to see light at the end of the tunnel, the IMF says the outlook for the global economy remains dim. The International Monetary Fund (IMF) expects…
Has Cape Town become too expensive for South Africans?
181 International homebuyers have spent more than R1 billion in Cape Town in the first five months of 2025 Cape Town has become more popular, with international buyers now investing in property…
Shielding data centre growth from the looming power crunch
239 Today’s digital economy is placing unprecedented strain on the power grid. For years, efficiency gains have kept electricity use relatively stable despite rising demand, enabling net-zero ambitions. But artificial intelligence, cloud…
Google launches new AI tools in Afrikaans, Xhosa and Zulu
218 Google South Africa MD Kabelo Makwane Google South Africa has launched an “AI glossary” that standardises 100 terms in Zulu, Xhosa and Afrikaans in partnership with the Pan South African Language…
AI mania grips the markets
258 Optimism over the profit potential of artificial intelligence has helped drive the US stock market to record highs, but investors are looking for weak spots that could emerge in the AI…
Parks Tau to monitor Temu in SA, as silence surrounds Gayton McKenzie’s meeting with Shein
176No one is willing to talk about the meeting between Shein and McKenzie, attended by Mbalula. Minister of Trade, Industry and Competition Parks Tau said his department will monitor and investigate if…
Sixty60 smashes 100 million orders
318 Sixty60, the on-demand grocery delivery platform built by Shoprite Group, has fulfilled over 100 million orders since its launch in November 2019. This is according to Shoprite’s annual report, published on…
Absa joins Ripple’s custody network in digital-asset push
206 Absa has announced a partnership with Ripple under which it will adopt the blockchain infrastructure specialist’s institutional-grade custody platform to offer secure storage solutions for tokenised assets – including cryptocurrencies –…
Shoprite’s CEO gets R1.6m per month, while employees get an average of R14k
209 The CEO received benefits such as car allowances and employees received discounts on Shoprite retail products. The pay gap between ordinary employees and executives at most companies is mind-blowing, and this…