396 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…
Category: Business
Vivo aiming to be the Haval of South Africa’s smartphone market
404 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
312 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…
Consumer Tribunal orders two used car dealers to pay up R395 075
293 Two consumers are getting their money back after they bought used cars that had defects they were not aware of. The National Consumer Tribunal has ordered two used car dealers to…
Money spent to pay debt and buy used cars
325 What pension fund members used the money for shows just how desperate and financially stressed consumers are. Pension fund members whose funds are administered by Liberty mainly used the money they…
Have your say: Minister opens SME classification rules for comment
348 Regulations are being updated with the aim of keeping classifications fair and relevant to the economy. The public have until 27 October to comment on the proposed criteria for determining the…
Spotify founder and CEO to step down
286 Daniel Ek on stage in 2024. Laure Andrillon/Reuters Spotify founder-CEO Daniel Ek will step down to become executive chairman in January, the Swedish streaming company said on Tuesday as it named…
Most civil construction workers unhappy with business conditions
251 ‘Overall, the sector is still on track for a much-improved performance for full year 2025 than the 6.1% drop recorded in 2024.’ Most civil construction workers remain dissatisfied with prevailing business…
South Africa eyes tighter drone rules with new register, air corridors
309 Government is looking to develop a register for all drones that are operated, distributed or sold in South Africa. The transport department has published a draft document for public comment proposing…
Eskom in dramatic swing into profit
295 Eskom chairman Mteto Nyati Eskom has reported R16-billion in profit after tax for 2025. That compares to a R55-billion after-tax loss for the 2024 financial year. Board chairman Mteto Nyati told…