330 Roelof Botha In a major corporate governance move following its blockbuster Wall Street debut, SpaceX has appointed prominent South African-born venture capitalist Roelof Botha to its board of directors. According to…
Category: Business
Exposed: The rot in Sanral’s procurement system
282 It appears to have contravened the PFMA by not advising National Treasury within the stipulated time about contract awards that deviate from normal bidding processes. The extent of the rot in…
Cook warns of unavoidable Apple price hikes
253 Apple CEO Tim Cook Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview….
Finish the job Mandela started
297 The author, VALR CEO Farzem Ehsani Before we defend or abolish exchange control, we should ask a simpler question: what is the policy actually trying to achieve? It is usually justified…
SA feels Middle East war impact as inflation jumps to near two-year high in May
234 Economists remain hopeful that the end of the period of interest rate hikes is near For weeks, economists cautioned that the economic fallout from the war in the Middle East would…
SpaceX vaults past Amazon and Microsoft in market value
297 SpaceX roared past Amazon’s market valuation on Tuesday and briefly topped that of Microsoft, rapidly scaling the list of the world’s most valuable companies on a topsy-turvy trading day fuelled by…
Tongaat Hulett escapes liquidation, saving at least 250 000 jobs
184 ‘The parties have chosen to instead work together to keep Tongaat Hullet operating and to protect the value it holds for its employees.’ Tongaat Hulett, South Africa’s century-old sugar giant, has…
Watts & Wheels S1E6: ‘A flawless Alfa and a bakkie that divides’
272 Episode 6 of Watts & Wheels – TechCentral’s electric motoring show – sees hosts William Kelly and Duncan McLeod wade into the most opaque corner of the South African car market:…
The web belongs to the machines nowÂ
286 Bot traffic has overtaken human traffic online – and South African operators warn that automated traffic, from relentless scrapers to targeted attacks, is straining what local infrastructure can absorb, while a…
AI will leave the world short of workers, says Jeff Bezos
214 Amazon CEO Jeff Bezos. Abdul Saboor/Reuters Artificial intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech…