237 Woolworths pays approximately R93 600 per year for full-time store employees. Roy Bagattini, Woolworths CEO, has forfeited a performance bonus pay cheque for the 2025 financial year due to the group’s performance…
Category: Business
Team Trade Link steps up to deliver the near-impossible
246 Trade Link CEO Ahmed Laher For 30 years, Trade Link has been a recognised specialist in retail IT systems, trusted to modernise and keep mission-critical systems running flawlessly. But while those…
Altron Arrow brings Nvidia-powered ASUS GX10 AI supercomputer to South Africa
227 Altron Arrow is proud to announce that the highly anticipated ASUS Ascent GX10 mini AI supercomputer will arrive in South Africa in the fourth quarter of 2025. Powered by the Nvidia…
Capitec now serves 25 million clients Â
223 The bank’s target market is the low-to-middle-income segment. Capitec has reported another period of significant growth, with a massive increase in headline earnings and client base. The Stellenbosch-based lender released its…
Vukani Mngxati appointed as CEO of Microsoft South Africa
252 Newly appointed Microsoft South Africa CEO Vukani Mngxati Microsoft has appointed Vukani Mngxati as the new CEO of Microsoft South Africa, effective immediately. Mngxati takes over from Lillian Barnard, who was…
More details emerge on massive new Seacom cable
287 The Seacom 2.0 cable, Seacom’s planned 25 000km submarine broadband system announced earlier this week, will go live in late 2029 or early 2030, according to the company’s CEO, Alpheus Mangale….
Agoa ends today, but Tau still optimistic it will be renewed
204 The US Congress approved Agoa to assist the economies of sub-Saharan African nations and improve economic relations. Although the African Growth and Opportunity Act (Agoa), a piece of US legislation that…
Capitec mobile, services now drive over a quarter of revenue
266 Capitec CEO Graham Lee Fintech services, which include revenue from MVNO Capitec Connect and other value-added services like the recently launched airtime advance, now account for just over a quarter of…
Vivo aiming to be the Haval of South Africa’s smartphone market
273 Vivo South Africa GM Tony Shi Chinese car brands such as Haval, Chery, BYD, Omoda and Jaecoo are making massive inroads in South Africa’s new vehicle market, challenging traditional incumbents as…
AI-powered Alexa+ headlines Amazon’s new device line-up
231 Amazon’s Panos Panay unveiling the Scribe tablet Amazon on Tuesday unveiled a refreshed line-up of devices optimised for home security and its new artificial intelligence-infused Alexa+ voice assistant. At an event…