101 Infrastructure project will be prioritised but little mention of water, crime or the appointment of a new Gautrain operator. Gauteng will receive over R500 billion over the next three years as…
Category: Business
Africa leads the world in stablecoin adoption
95 BVNK co-founder Chris Harmse The use cases for stablecoin adoption are stronger in Africa, where formal banking channels are weaker than in more developed markets. A new report from BVNK and…
South Africa’s energy future hinges on getting wheeling right
136 South Africa’s renewable energy industry has seen significant traction in the last 10-15 years, with a notable ramp-up in the last six months. The sector is poised for significant growth as…
Absa sounds warning on energy prices, rand, as profits climb to record
118 But it is ‘very unlikely that the global environment would trigger the onset of a rate hiking cycle’. Absa Group has warned that “a prolonged bout of military action in the…
Eskom tariffs to surge on 1 April as Nersa blunder hits home
103 Energy regulator Nersa has officially approved average electricity tariff increases of 8.76% for Eskom direct customers and 9.01% for municipalities for the 2026/2027 financial year – once again pushing up the…
Weaver Fintech’s retail roots fade as fintech engine roars
105 Homechoice CEO Sean Wibberley Weaver Fintech, the JSE-listed Mauritius-domiciled group formerly known as Homechoice International, reported a 23% jump in revenue to R5.5-billion for the year ended 31 December 2025 on…
Absa impairs R2.4-billion in software after strategy rethink
116 Absa Group has written off R2.4-billion in software assets after a revision of its overall strategy led to changes in investment priorities and faster-than-expected technology obsolescence, its annual financial statements show….
Heads up, pet owners! These batches of popular pet foods are unsafe
87 Bobtail, Catmor, Ultra Pet, and Optiwoof are some of the brands affected. Pet owners in South Africa have been warned that dozens of batches of dog and cat food are unsafe…
Microsoft bets on Anthropic as it loosens ties with OpenAI
125 The company on Monday unveiled Copilot Cowork, a tool based on Anthropic’s viral Claude Cowork offering, which has captivated Silicon Valley with its ability to handle complex tasks such as creating…
Tau lambasts Tongaat BRPs over liquidation application
125 Claims the Companies Act is being ‘abused and perverted’ by the BRPs to push for the liquidation of Tongaat ‘against the public interest’ Minister of Trade, Industry and Competition Parks Tau…