427‘Their number of South African customers is comparable to that of Sixty60, the e-commerce leader in the FMCG sector.’ The disruption from Chinese e-commerce players Shein and Temu has been profound. And…
Category: Business
South Africa’s first AI factory now live, powered by Altron and Nvidia
302 Altron’s Bongani Andy Mabaso Altron announced today the successful deployment of South Africa’s first operational artificial intelligence factory, powered by Nvidia AI infrastructure, including Nvidia-accelerated computing and Nvidia AI enterprise software….
Spar supercharges Uber Eats partnership
380 Spar omnichannel executive Blake Raubenheimer South Africa’s online grocery market is shifting rapidly, and Spar, which is coming from behind in the on-demand grocery delivery market, is betting big on its…
Apple and Samsung lead smartphone market revival
237 The Samsung Galaxy Fold7 is selling well Global smartphone shipments grew 2.6% in the third quarter this year, fuelled by strong consumer demand for premium and AI-enabled devices, according to preliminary…
Sars bites: MaMkhize’s Lamborghini, paintings, LV and Gucci bags on auction
252Next on the auction block are other vehicles, including a Lamborghini Urus, construction vehicles, a boat and a collection of luxury designer bags. There is a saying, “the long arm of the…
FSCA fines Sanlam Collective Investments R10.6 million for not complying with Fica
198 All companies must adhere to Fica by combatting money laundering and the financing of terrorism through prescribed processes. The FSCA has fined Sanlam Collective Investments R10.6 million for failing to comply…
I do not owe Sars a cent
181 Montana says he will keep fighting Sars although his tax debt escalated to R55 million as the interest mounts. Lucky Montana, former head of Prasa and now a member of parliament,…
Home affairs promises full automation by next year
236 Home affairs deputy minister Njabulo Nzuza The home affairs department has undertaken to ensure that all its services are fully automated and digitised over the next year. According to its 2024/2025…
Malatsi to finalise Starlink-friendly BEE proposal within weeks
229 Communications minister Solly Malatsi. Image c/o DCDT Communications minister Solly Malatsi told TechCentral in an exclusive interview at the weekend that he is a matter of weeks away from finalising a…
Despite concerns, Eskom’s return to profitability shows it can be done – BLSA
209 Eskom showed a profit for the first time in nearly a decade but still faces the challenge of municipal debt and receiving a qualified audit again. Eskom’s return to profitability for…