541Policyholders drew an average of 5.6% of their invested capital as income in 2024, down from 6.6% the previous year. Living annuity investors in South Africa reduced their income withdrawals to the…
Category: Business
More women than men are becoming first-time homeowners
587There has been a steady increase in the number of women entering the South African property market over the past 10 years. More women than men are becoming first-time homeowners, a clear…
World Entrepreneurs’ Day: three questions every SMEs should ask before expanding
556 Every business owner wants to grow, but not every business is ready. 21 August is recognised as World Entrepreneurs’ Day to acknowledge and celebrate the hard work and dedication of entrepreneurs…
Google rolls out advanced AI Mode in South Africa, Nigeria and Kenya
531 Google’s new AI Mode, which allows for complex queries via search to be solved by AI, is being launched in African markets including South Africa, Nigeria and Kenya, on Thursday. According…
Tiger Brands recalls its Benny beef and chicken-flavoured stock cubes
387Consumers are urged to return the products to their point of purchase for a full refund. No proof of payment is required. Tiger Brands has informed the National Consumer Commission (NCC) of…
Cell C a step closer to possible JSE listing
454 The Competition Tribunal has given the green light to a transaction that should help advance a proposed plan to list Cell C on the JSE. The regulator on Thursday said it…
Vat-registered schools set for rude ‘wake-up call’
440 New proposal will force them to deregister, resulting in potentially huge Vat liabilities. A significant number of schools that are currently registered for Value-added tax (Vat) will be forced to deregister…
INX-ZA to supercharge its South African internet exchanges
534 South Africa’s oldest internet exchange point operator, INX-ZA, has announced a plan to upgrade its infrastructure using high-performance routers from Nokia that offer throughput of up to 400Gbit/s each. INX-ZA, which…
JSE eyes 24-hour trading – but liquidity and tech hurdles loom
432 JSE CIO Tebalo Tsaoeli Changing the JSE’s operating cycle from the current nine hours (9am-5pm on weekdays) to 24/7 trading would require changes to the local bourse’s operating model to account…
Nissan and Citroen cars recalled due to battery, airbag issue
480 Owners of the affected Nissan and Citroen cars are urged to take them to the nearest authorised dealership. The National Consumer Commission (NCC) has issued a product recall of Nissan and…