603 Damning High Court ruling labels platform’s operations illegal. The Western Cape High Court has placed CFD trading platform Banxso under provisional liquidation. Judge André le Grange handed down a damning judgment…
Category: Business
Bigger tax burden awaits SA residents with foreign retirement income
539 Government wants to remove current tax exemption on pension payouts. Retired South Africans who contributed to a foreign retirement product while working abroad in the past are facing a higher tax…
The competing battery technologies shaping the EV industry
599 Start-ups worldwide are racing to develop new battery technologies using materials like sodium and sulphur or other innovative chemistries, aiming to cut costs and reduce reliance on some critical minerals to…
Calls for crackdown on online gambling ‘wild west’ in South Africa
452 South Africa’s regulatory authorities should look to their counterparts in other countries and take action against the burgeoning rise in online betting and gambling, which is causing severe social ills. This…
Can Kenny Fihla resuscitate Absa? Bank pockets R11 billion, half of Standard Bank’s earnings
451 Absa made R11.9 billion in headline earnings for the first half of 2025. Over the past few years, Absa has struggled to compete with its peers due to leadership instability. However,…
The colossal carbon capture con
668 If you follow green technology news, you may have seen images of futuristic urban furniture installations that combine advertising boards, or pedestrian benches, with a wall of compact greenery. Here’s an…
Competition Commission tells ConCourt rand manipulation saga similar to cartels
368 Advocate Tembeka Ngcukaitobi argued there is enough evidence to establish a prima facie case of rand manipulation. The Competition Commission on Tuesday told the Constitutional Court (ConCourt) there is evidence that…
End of an orange era as Mango’s wings get final clip
409 Mango joins Comair, Fly Blue Crane and SA Express in going belly-up. Grounded low-cost airline Mango may finally be wound down. This, after a potential buyer backed out of the deal…
Almost half of South Africa’s working women gamble their hard-earned money
357 Most women gamble as a way to make additional income. It is difficult to tell if South Africa has a gambling problem or a poverty problem. The number of gamblers in…
Music fans should brace for another Spotify price hike
466 Spotify will raise prices as it invests in new features and targets a billion users, the Financial Times reported on Sunday, citing the music streaming provider’s co-president and chief business officer,…