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Category: Business

New Woolies CEO gets R100m carrot to double share price

Posted on March 26, 2026

57 Additional targets are growth in earnings and return on capital… New incoming CEO of Woolworths Holdings, Sam Ngumeni, has been awarded nearly 1 million shares in the company under a “special once-off outperformance” structure….

Africa powers mobile money to $2-trillion milestone

Posted on March 26, 2026

75 Global mobile money transactions surpassed US$2-trillion in 2025, doubling in just four years, according to the GSMA’s latest State of the Industry Report on Mobile Money. The mobile telecommunications industry body…

Durban’s finance leaders are done with AI theatre

Posted on March 26, 2026

69 Finance teams are not short of dashboards, automation tools or AI pilots. What they are short of is time and confidence. Time to close, time to forecast, time to interrogate variance…

The conflict of interest at the heart of PayShap’s slow adoption

Posted on March 26, 2026

75 Imagine it’s 2036. Unemployment has been halved, business confidence is robust, and millions of small and medium-sized enterprises are powering sustainable growth. South Africa finally looks like a country realising its…

Build a second income in South Africa

Posted on March 26, 2026

63 For a lot of South Africans, the idea of a second income is no longer some flashy online trend. It is survival, breathing room, school fees, petrol money, a backup plan,…

FirstRand ups stake in Optasia in R1.5-billion deal

Posted on March 26, 2026

70 Banking group FirstRand has increased its shareholding in JSE-listed fintech Optasia to 26.1% after acquiring an additional 6% stake in a deal worth about R1.48-billion. The banking group purchased 74.1 million…

Defend your cloud with Altron Digital Business

Posted on March 26, 2026

75 As organisations accelerate their digital transformation journeys, cloud adoption has become central to agility, innovation and scale. But as workloads move beyond traditional data centres into hybrid and multi-cloud environments, the…

Standard Bank breaks silence on Anele Mngadi claims

Posted on March 25, 2026

90 Standard Bank says it is not aware of any criminal charges relating to Anele Mngadi, as it has not been approached by any law enforcement agency. Mngadi was trending on social…

RAF ordered to pay Sunshine Hospital R92m within seven days

Posted on March 25, 2026

92 SCA overturns high court order that dismissed the hospital’s application to enforce overdue payments of civil judgments against the fund. The Road Accident Fund (RAF) has been ordered to pay Sunshine…

The MSP stack is collapsing under its own weight. AI is forcing a reset

Posted on March 25, 2026

86 Managed service providers (MSPs) have always dealt in complexity. What’s changed is how that complexity now behaves: it doesn’t merely slow delivery; it quietly multiplies cost and risk. Many providers are…

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