311 Economists disagree whether the inflation rate for July will encourage the Reserve Bank to cut the repo rate The inflation rate increased by 0.5% from 3% in June to 3.5% in…
Category: Business
Salaries slide in July, showing strain in job market
272 Although salaries seem to be decreasing now, economists still believe that 2025 will be a better year for take-home-pay. Salaries decreased in July as it started showing the strain in the…
Maziv says it’s ready to roll with new fibre builds
330 Maziv chairman Pieter Uys Last week’s decision by the competition appeal court to set aside an earlier ruling by the Competition Tribunal blocking Vodacom’s Maziv deal – allowing the merger to…
China may embrace stablecoins in major monetary pivot
349 China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal…
Treasury shuts door on ‘honest mistakes’ as tax penalty rules tighten
404Treasury publishes proposals to tighten tax laws. National Treasury published several legislative amendments over the weekend that will give effect to tax announcements made in the 2025 Budget, which was eventually presented…
M-Net pioneer Cobus Stofberg steps down from Naspers, Prosus boards
315 Cobus Stofberg in an undated file photograph, likely taken in the 1990s, on the roof of MultiChoice’s broadcast centre in Randburg, Johannesburg. Image: MultiChoice Group Cobus Stofberg, a veteran of television…
Inflation at 10-month high due to beef prices, but coffee drinkers will be happy
342Economists predicted that inflation would start to increase in the second half of the year, but an increase of 0.5% is a bit steep. The inflation rate increased to a 10-month high…
Checkers rolls out smart trolleys to kill the checkout queue
342 There’s no escaping the advance of technology, which is now coming to supermarket trolleys in South Africa through Shoprite Group-owned retail chain Checkers. The Checkers Xpress Trolley lets shoppers scan as…
Malatsi prioritising BEE policy review
398 Communications minister Solly Malatsi. Image c/o DCDT Government is prioritising a review of broad-based black economic empowerment (B-BBEE) rules on the licensing of telecoms companies, which could see companies like Elon…
Zero cranes in Sandton CBD tells the story of Joburg’s decline
329 The days of multiple cranes across the Sandton skyline – maybe a decade ago – are far, far gone. It’s been well over a year since there’s been a construction crane…