398 65 years ago, apartheid in South Africa was at its height, with black people forced to carry passbooks. Today, we all carry the same IDs. The South Africa of 65 years…
Category: Business
Sanral uncovers irregularities in R1.57bn tender award to Chinese JV
326 The agency plans to apply to the High Court to review and set aside the award, according to industry sources. Irregularities have been uncovered by a SA National Roads Agency (Sanral)…
Metrofile is set to leave JSE in buyout deal
360 Metrofile Holdings will be acquired by a special purpose company wholly owned by Mango Holding in a cash-for-shares transaction that values the group at R3.25/share. The deal and offer price, announced…
Yoco CEO Katlego Maphai to step down after 10 years
311 Yoco co-founder and outgoing CEO Katlego Maphai Katlego Maphai, co-founder and long-serving CEO of South African fintech company Yoco, has announced he will step down from the role after more than…
JSE hits new record above 105 000
269Before closing just shy of this new milestone. The JSE All Share Index (Alsi) touched a fresh record above 105 000 points on Tuesday, remaining at those levels for most of the…
Zero Carbon Charge moves from Wolmaransstad proof site to N3, N1 corridors
322 Zero Carbon Charge’s proof-of-concept site near Wolmaransstad Zero Carbon Charge, the company building a network of national off-grid electric vehicle charging stations, said on Wednesday that it plans to begin construction…
MTN bets on AI data centres to drive next growth phase
305 MTN Group CEO Ralph Mupita MTN Group is preparing a major push into artificial intelligence infrastructure, signalling a strategic shift beyond its traditional telecommunications business. According to a Bloomberg News report…
Economists’ expectations for inflation and the repo rate this week
201 Will inflation stay above 3%, and will the repo rate be cut again after a 25 basis point cut in July, or will the Reserve Bank rather pause the cutting cycle?…
Outa seeks to drive final nail into e-tolls coffin
254 The Organisation Undoing Tax Abuse (Outa) has launched fresh legal action in the high court in Pretoria, seeking an order that roads agency Sanral has effectively abandoned its e-tolls debt claims…
BYD debuts R340Â 000 EV in South Africa
243 Chinese vehicle manufacturing giant BYD on Tuesday unveiled South Africa’s new cheapest electric car, costing just R339 900. BYD, often describes as China’s Tesla – and which is even outselling Tesla now…