138 Communications minister Solly Malatsi. Image: DCDT Communications minister Solly Malatsi has denied claims by business rescue practitioners (BRPs) for the South African Post Office that his refusal to allow them to…
Category: Business
Setback for South Africa’s electricity market reform
146 The launch of South Africa’s wholesale electricity market has been pushed back from 1 April to the third quarter of 2026, the National Transmission Company South Africa (NTCSA) said on Thursday….
New Woolies CEO gets R100m carrot to double share price
124 Additional targets are growth in earnings and return on capital… New incoming CEO of Woolworths Holdings, Sam Ngumeni, has been awarded nearly 1 million shares in the company under a “special once-off outperformance” structure….
Africa powers mobile money to $2-trillion milestone
148 Global mobile money transactions surpassed US$2-trillion in 2025, doubling in just four years, according to the GSMA’s latest State of the Industry Report on Mobile Money. The mobile telecommunications industry body…
Durban’s finance leaders are done with AI theatre
149 Finance teams are not short of dashboards, automation tools or AI pilots. What they are short of is time and confidence. Time to close, time to forecast, time to interrogate variance…
The conflict of interest at the heart of PayShap’s slow adoption
157 Imagine it’s 2036. Unemployment has been halved, business confidence is robust, and millions of small and medium-sized enterprises are powering sustainable growth. South Africa finally looks like a country realising its…
Build a second income in South Africa
122 For a lot of South Africans, the idea of a second income is no longer some flashy online trend. It is survival, breathing room, school fees, petrol money, a backup plan,…
FirstRand ups stake in Optasia in R1.5-billion deal
140 Banking group FirstRand has increased its shareholding in JSE-listed fintech Optasia to 26.1% after acquiring an additional 6% stake in a deal worth about R1.48-billion. The banking group purchased 74.1 million…
Defend your cloud with Altron Digital Business
161 As organisations accelerate their digital transformation journeys, cloud adoption has become central to agility, innovation and scale. But as workloads move beyond traditional data centres into hybrid and multi-cloud environments, the…
Standard Bank breaks silence on Anele Mngadi claims
155 Standard Bank says it is not aware of any criminal charges relating to Anele Mngadi, as it has not been approached by any law enforcement agency. Mngadi was trending on social…