367 The battle continues for low-income South Africans to afford nutritious food. The average price of the household food basket was stable in July, decreasing by 41 cents from June, but it…
Category: Business
Court torpedoes R200-billion Karpowership plan for good
415 A Karpowership vessel is seen in this file photo. Image: Supplied A plan to station floating power-generation ships in three South African ports, a project championed by former energy minister Gwede…
Stuck in neutral, Apple misses the AI moment
458 Apple’s earnings report is unlikely to give investors the catalyst they’ve been looking for to revive the iPhone maker’s struggling stock price. The technology behemoth is expected to post profit and…
How Ekurhuleni under-charged Tembisa for electricity
372The council must find a solution to the tariff mess. Ekurhuleni mayor Nkosindiphile Xhakaza is expected to present a report to council on Thursday about the suspension of certain fixed charges for…
MTN launches rent-to-own smartphones for prepaid users
442 MTN’s mobile money business in South Africa, known as MoMo, said on Thursday that it will make 4G and 5G smartphones available on credit to prepaid customers – without the need…
Key victory for Vodacom in high-stakes ‘please call me’ battle
352 Nkosana Makate in court earlier this year The constitutional court has granted Vodacom leave to appeal in its ongoing legal battle with “please call me” inventor Nkosana Makate, meaning the case…
Fixing SA’s water woes means curtailing municipalities’ free-spending ways
328 A look at two reforms that aim to thwart municipalities’ spendthrift ways. The seemingly impossible task of preventing municipalities from spending water and electricity revenues on salaries and other services has…
Microsoft, Meta pour billions more into AI as valuation pressures mount
419 Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of slowing. Focus will be on how much the…
Microsoft set to join the $4-trillion club
455 Microsoft is set to become the second company in the world to reach a US$4-trillion (R72-trillion) market capitalisation after reporting quarterly earnings that beat Wall Street’s expectations, sending the stock soaring…
Will a repo rate cut make things better for SMEs?
453 FinTech company’s data suggests the Reserve Bank’s caution has potentially stifled growth for SMEs. A FinTech company believes the challenges faced by small and medium enterprises (SMEs) will persist even if…