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Category: Business

PIC stuffs more funds into Daybreak Foods, after chicken catastrophe

Posted on August 14, 2025

610 NSPCA and business rescue professionals are working together to achieve what those responsible – and being paid – failed to do. It took a public outcry and the killing of thousands…

Bitcoin hits fresh record amid investor optimism

Posted on August 14, 2025

578 Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the US Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset…

Life insurers settled 95.6% of all death claims in 2024, paid out R39.5 billion

Posted on August 13, 2025

698Asisa started publishing the average pay-out rate of life insurers provide consumers with the peace of mind that valid claims are paid. Life insurers settled 95.6% of all death claims in 2024…

Business confidence increases, but will come under pressure from US tariff

Posted on August 13, 2025

552 Although business confidence is higher since the beginning of 2025 compared to the same seven months in 2024, US tariffs can change all that. Business confidence increased in July, but the…

Unemployment could get even worse in third quarter due to US tariffs

Posted on August 13, 2025

457 SA’s already-high unemployment rate increased to 33.2% as the number of unemployed individuals shot up by 140 000. After the shocking announcement on Tuesday that the South African unemployment rate increased…

Chinese smartphone maker Xiaomi to launch electric cars in South Africa

Posted on August 13, 2025

756 The Xiaomi SU7 Ultra beat the Tesla Model S Plaid at the Nürburgring Chinese consumer electronics giant Xiaomi, which has diversified into electric cars in recent years, has revealed for the…

Driving on sunshine – how EVs and solar could power South Africa forward

Posted on August 13, 2025

583 South Africa’s energy and mobility sectors are colliding in transformative ways. Electric vehicles have become more accessible, and CleanTechnica reports that local EV sales have grown by 35% between 2023 to…

More women buying houses between R3 million and R5 million

Posted on August 13, 2025

497 This shows that the luxury market is rebounding, even during uncertain times. Despite the South African property market remaining resilient, the country’s economic climate is shaping trends in how individuals buy…

Rosebank Mall flips the switch on massive hybrid power system

Posted on August 13, 2025

663 The popular Rosebank Mall in Johannesburg has unveiled a gigantic new hybrid energy system comprising 1.3MW of solar power, a 7.2MWh battery system, a 4.5MW inverter and three 1MW dual-fuel diesel/gas…

Afristrat liquidation ‘an attempt to misattribute responsibility’ – ex MyBucks SA boss

Posted on August 13, 2025

602 David van Niekerk alleges Afristrat CEO George Manyere was ‘the architect of the downfall of both Afristrat and MyBucks’. Former MyBucks SA CEO David van Niekerk claims the provisional liquidation of…

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