242 Although GDP increased in the second quarter, worsening unemployment and diminishing business confidence are looming in the background. South Africa’s GDP growth surprised economists because it was higher than they predicted,…
Category: Business
Pressure mounts on Solly Malatsi as SABC stares down ‘risk of collapse’
285 Khusela Diko and Solly Malatsi Pressure is mounting on communications minister Solly Malatsi’s to act to rescue the SABC as it struggles to pay its escalating bills. On Monday, reporters heard…
withdrawing for the right reasons every year
269 The first year of the two-pot retirement system offers some interesting insights into how members are responding to the new rules. A year after the two-pot retirement system was implemented to…
MTN vows to claw back market share lost to Telkom
270 MTN Group CEO Ralph Mupita has admitted that the group’s South African operation has lost market share to rival Telkom, especially in the prepaid mobile market. According to Mupita, although competition…
Digital driving licences back on the agenda in South Africa
268 Parliament has urged transport minister Barbara Creecy to kick off the policymaking process that would pave the way for government to issue digital driving licences. Speaking to TechCentral in an interview…
First branded Walmart stores coming to SA
225 Walmart plans to support local businesses and help local communities with food security and disaster relief. Walmart plans to open its first branded stores in South Africa later this year, which…
Economic growth rate quickens, though not by nearly enough
230 South Africa’s economic growth rate quickened in the second quarter of 2025, reaching its fastest in two years, though it remains well below the level needed to meaningfully reduce high levels…
Dramatic change is coming at the RAF
214 The interim board plans to aggressively begin paying nearly R19bn in outstanding claims older than 180 days, from next month. Change is coming at the financially distressed Road Accident Fund (RAF)…
Walmart to open SA stores under its own brand, with gadgets and groceries side by side
283 US retail giant Walmart, which entered the South African market in 2010 through an investment in Massmart – it later bought out the group in its entirely – is launching its…
Big management shake-up at struggling Intel
231 Intel CEO Lip-Bu Tan. Anna Wang/Reuters Intel has announced a series of top executive changes, including the departure of products chief Michelle Johnston Holthaus, at a time when CEO Lip-Bu Tan…