363 The two main South African agricultural exports to the US, citrus and Rooibos, will feel it in the next season if the 30% US tariff remains. South Africa’s agricultural exports have…
Category: Business
SETA not resolving skills shortage, just eating our tax money
534 More than two decades after its inception, South Africa continues to face a serious skills shortage that damages long-term economic growth. Although South Africa has one of the worst employment rates…
Meet the world’s youngest billionaire – Here’s how the 20-year-old did it
398 According to Forbes, there are 21 billionaires in the world who managed to make it onto the year’s list, and none of them are from Africa. It was rapper 50 Cent…
AOL is shutting down dial-up internet – Telkom beat it by years
370 America Online (AOL), famous for its aggressive marketing campaigns, will shut down its dial-up internet service at the end of next month. “AOL routinely evaluates its products and services and has…
Paratus to launch mobile network to challenge Namibia’s MTC
395 Paratus Group executive chairman Barney Harmse Paratus Group will in the coming weeks launch a mobile data network in Namibia that will challenge the dominant state-owned incumbent, MTC. Barney Harmse, group…
Competition Tribunal gives nod to Barloworld takeover
446 Subject to jobs and empowerment conditions. A management-led consortium and a Saudi Arabian investor group have secured the Competition Tribunal’s approval to acquire Barloworld, subject to public interest conditions on employment…
Starlink locked out: South Africa stalls while neighbours surge ahead
513 The author, Jessica Gbedemah When Elon Musk claimed earlier this year that Starlink was being blocked in South Africa because of black economic empowerment rules, it ignited a debate that went…
Eskom launches 291MW solar programme for big power users
371 Eskom CEO Dan Marokane Eskom is expanding its renewable energy programme with a new offtake arrangement that will make 291MW of solar PV capacity available to large power users. The state-owned…
The steady decimation of SA’s middle class over the last decade
381 The middle class in South Africa is under severe strain, easily the most stress in two decades. There are signs of this everywhere you look. Results from supermarket retailers show a…
MTN shares tumble on news of US probe
386 News that MTN Group is facing an investigation by a US department of justice grand jury sent its shares tumbling 9% on Monday, overshadowing results showing it made a half-year profit…