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Category: Business

Microsoft, Meta pour billions more into AI as valuation pressures mount

Posted on July 31, 2025

583 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

Posted on July 31, 2025

606 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?

Posted on July 30, 2025

587 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…

SharePoint attackers hit another government department

Posted on July 30, 2025

513 Hackers targeted the department of planning, monitoring & evaluation in recent attacks on Microsoft’s SharePoint customers. The department confirmed the attack and said it had implemented countermeasures to isolate the affected…

IMF keeps SA growth forecast unchanged but increases global growth forecast

Posted on July 30, 2025

419 The IMF has more hope for global economic growth than for South Africa’s economic growth, with US tariffs shaping the outlook. The International Monetary Fund (IMF) has kept South Africa’s growth…

South Africa opens bidding for R390-billion grid overhaul

Posted on July 30, 2025

697 South Africa is seeking proposals to shortlist bidders for a R390-billion grid expansion project to bolster the country’s energy security. The department of electricity & energy invited “experienced and committed” groups…

What it means for SA markets, and will it solve our debt issues?

Posted on July 30, 2025

505 Some economists believe the governor of the Reserve Bank could even announce the 3% inflation target on Thursday, along with the repo rate. The South African Reserve Bank has been making…

Government steps in to resolve SABC, Sentech tariff feud

Posted on July 30, 2025

692 The Sentech television broadcasting tower in Auckland Park, Johannesburg The department of communications & digital technologies has published a tender in efforts to mediate in the ongoing tariff dispute between the…

Meet the CIO | How Marijke Guest steered Nedbank through an IT crisis

Posted on July 30, 2025

743 When Nedbank realised early last year that its mammoth core banking overhaul and modernisation programme was going awry, it turned to Marijke Guest for help. Guest, CIO of Nedbank Corporate and…

Here is why Cape Town is leading in the commercial property market

Posted on July 30, 2025

475 Cape Town appears to be the preferred destination for businesses looking to rent or buy commercial property, as brokers view the city as the strongest market. The quarterly FNB Property Broker…

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