247 AI chip firm Nvidia and software giant Microsoft are this week expected to debut the first Windows PCs that use Nvidia’s chips as the main processor, Axios reported at the weekend,…
Category: Business
Trading with China? Sars explains new zero-tariff export process
219 Sars cautioned that not all products exported to China will automatically qualify for zero-tariff treatment. The South African Revenue Service (Sars) has finalised the legal and operational framework needed to implement…
South Africa’s most fuel-efficient cars to consider
212 Image Credit: Gettys The recent hike in petrol has many South Africans anxious about how they’ll make ends meet. Not only will travel costs increase, but with a petrol hike this severe, food…
Standard Bank overtakes Capitec, FirstRand as Africa’s most valuable bank
259 But this three-way tussle will be with us for some time yet … Standard Bank has firmly overtaken both Capitec Bank and FirstRand to become the South African bank with the…
Sizekhaya ushers in a new era for the National Lottery
215 The National Lottery represents possibility. Sometimes that possibility is personal: paying off debt, buying a home, helping family or finally starting the business you’ve dreamed about for years. But the lottery…
Joburg street lights switched off over electricity debt
192 City Power’s SPU accounts, which go towards keeping the street lights on, are in arrears. Households and businesses in Johannesburg may have averted a blackout following threats from Eskom to reduce…
Pep’s new bank ‘PlusB’ will cost just R920m to build
275 This is less than a third of what Old Mutual spent … Pepkor, which is in the process of building a bank offering, says it is targeting a total build cost…
Reserve Bank’s early hike may curb need for sharper tightening
275 Rate path hinges on a ceasefire in the Middle East and how quickly oil prices come down, economists say. Economists and analysts believe the South African Reserve Bank’s (Sarb) latest interest…
Here’s why government has only spent R179m from the R500m Spaza Shop Support Fund
200 Verification processes revealed some spaza shops did not exist. The Department of Small Business Development says R179.5 million from the Spaza Shop support fund has been spent on qualifying businesses around…
Here’s how much R1m bond repayments will cost after repo rate hike
180 Homeowners are set to see extra hundreds added to their monthly instalments. South African homeowners will soon feel fresh pressure on their finances after the country’s central bank hiked the repo…