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Category: Business

Twofold Capital leads buyout of SA tax tech pioneer TaxTim

Posted on September 8, 2025

404 Digital tax assistant TaxTim has been acquired by a private consortium led by Twofold Capital. Terms of the deal were not disclosed. It said in a statement on Monday that the…

Mupita: LEO satellites here to stay – but rules must keep up

Posted on September 8, 2025

369 MTN Group CEO Ralph Mupita MTN Group CEO Ralph Mupita said on Friday that low-Earth orbit satellites are becoming an integral part of modern connectivity and are here stay. However, he…

Dealers, consumers edge closer to insights on accident-damaged vehicles

Posted on September 8, 2025

361 Kredo Mobility offers dealers access to vehicle accident and salvage data, with plans to widen access and datasets in future. There has been a partial breakthrough in the drive to improve…

Altvest to change its name to The Africa Bitcoin Corporation

Posted on September 8, 2025

296 Altvest chairman and self-proclaimed “bitcoin maximalist” Stafford Masie Johannesburg-listed investment holding company Altvest Capital is changing its name to The Africa Bitcoin Corporation as it doubles down on its strategy of…

Apple poised to unveil iPhone 17 at Tuesday keynote

Posted on September 8, 2025

322 Renders suggest this is the new iPhone 17 Pro Apple will on Tuesday hold its annual September keynote, where the iPhone 17 line-up is expected to headline proceedings. The event, branded…

Bidvest Bank one step closer to being sold to Nigeria

Posted on September 7, 2025

428 Access Bank is set to acquire Bidvest Bank for R2.8 billion, subject to regulatory approvals. The deal between Bidvest Bank and Nigeria’s largest lender, Access Bank, is one step closer to…

Eskom needs more competition and Ramaphosa’s anger over commission a good sign?

Posted on September 7, 2025

299 Nersa’s very expensive electricity tariff mistake and the president getting angry with civil servants dragging their feet, were good news for Mavuso. Eskom needs more competition in how its tariffs are…

Union vows to ‘fiercely resist’ Amsa lay-offs

Posted on September 7, 2025

381Closures extended to sections of Vanderbijlpark plant and could possibly start by the end of September. The trade union Solidarity will oppose steelmaker ArcelorMittal South Africa (Amsa’s) renewed plans to shut down…

The problem with vibe coding

Posted on September 7, 2025

476 Generative AI tools are driving productivity across a wide variety of industries. The technology has found a lucrative niche in software development, where programmers report an up-to-30% improvement in output. Vibe…

Shoprite’s eating everyone’s groceries: R250 billion sales and more than 200 stores

Posted on September 7, 2025

414 Shoprite trading profit from continuing operations increased 16.6% to R15 billion. South Africa’s largest retailer, Shoprite, continues to strengthen as its financial results scream growth and increased profitability. Shoprite Group released…

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