767 Standard Bank has warned its clients of a rise of “spoofing” scams in recent months, where fraudsters use AI-generated voices and e-mails to impersonate bank officials. “These scams are increasingly difficult…
Category: Business
MTN’s Mupita backs Vodacom-Maziv fibre deal
514 MTN Group CEO Ralph Mupita MTN Group CEO Ralph Mupita has described the competition appeal court’s decision last week to approve the sale of a co-controlling stake in fibre operator Maziv…
Ferdi Moolman is new CEO of MTN South Africa
746 Incoming MTN South Africa CEO Ferdi Moolman Charles Molapisi is stepping down as CEO of MTN South Africa, and is being replaced in the role by Ferdi Moolman, who was a…
Five practical ways SMEs can cut delivery costs
581 If delivery costs are not properly managed, they can drain cash flow, create bottlenecks and ultimately cost customers. It is important for small and medium enterprises (SMEs) to find ways to…
Unemployment increases again as economy sheds 140 000 jobs
417While economic growth is not picking up, unemployment does. The official unemployment rate increased again in the second quarter to 33.2% from 32.9% in the first quarter, with only 16.8 million people…
Biometrics take centre stage in fight against Sim-swap fraud
504 Stricter and more widespread use of biometric authentication by mobile operators could help reduce the growing Sim-swap fraud menace in South Africa, according to the Communications Risk Information Centre (Comric). Comric…
Mining production improves, but challenges loom
491 Near-term mining activity is likely to remain under pressure due to soft external demand and persistent global uncertainty stemming from heightened trade tensions. Mining production improved by 2.4% year-on-year in June,…
Three houses bought in Guptas’ Saxonwold compound at massive discount
486 In total, the buyer bought four properties for more than R41 million. Park Village Auctions has confirmed that one buyer has purchased three of the Guptas’ properties in Saxonwold Drive for…
Someone offered to reduce your debt instalments? This is what to beware of
448 When someone phones with an offer that seems too good to be true, it probably is and it could be debt review without your consent. Consumers are warned about someone calling…
Is buying a car with a balloon payment a debt trap?
440A new shiny car is not in everybody’s budget these days and car financers are trying to help them with balloon payments. It is so tempting. That lovely shiny car will cost…