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Category: Business

Multilateral wheeling will define the next phase of South Africa’s energy transition

Posted on March 2, 2026

130 The author, Open Access Energy’s Gerjo Hoffman South Africa’s energy transition is entering an exciting new chapter. The key question is whether the market can successfully adopt and implement the new…

Components price shock hitting South African PC buyers hard

Posted on March 1, 2026

129 South African technology retailers are warning consumers and businesses to brace for further price hikes on key computer components as a global shortage driven by AI demand squeezes supply of memory…

US cybersecurity giant invests big in South Africa

Posted on March 1, 2026

139 Helmut Reisinger, CEO of Palo Alto Networks in Europe, the Middle East and Africa Palo Alto Networks, the world’s largest pureplay cybersecurity company, said it is betting big on South Africa….

OpenAI secures $840-billion valuation in latest funding round

Posted on March 1, 2026

140 Image: Jernej Furman OpenAI’s latest funding round valued the ChatGPT maker at US$840-billion as Big Tech and Masayoshi Son’s SoftBank piled into the $110-billion blockbuster round, signalling the AI investment race…

World braces for an oil price shock

Posted on March 1, 2026

122 Brent crude jumped 10% to about US$80/barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after US and Israeli strikes…

‘Feel better’ budget: What to expect from Godongwana’s speech

Posted on February 28, 2026

131 The medical aid tax rebate and fuel levy hikes are set to dominate scrutiny of South Africa’s latest national budget. With last year’s value-added tax (VAT) debacle still fresh in everybody’s…

WATCH LIVE: Godongwana delivers 2026 budget speech

Posted on February 27, 2026

137Godongwana will need to balance expectations of both consumers and coalition partners in his 2026 budget. Finance Minister Enoch Godongwana tables the 2026 national budget in Cape Town on Wednesday afternoon. Godongwana’s…

Social grants set to increase, Godongwana confirms

Posted on February 27, 2026

143 The SRDs grant is expected to end in March 2027. South Africans reliant on social grants will see increases next year, Finance Minister Enoch Godongwana announced in his 2026 Budget Speech…

Wonga South Africa’s fintech innovation helping to revive financial confidence

Posted on February 27, 2026

109 Despite the financial hit, these adjustments laid the foundation for a sustainable, customer-focused model. Innovation in technology is growing faster by the day, and if you are heading a fintech, you…

Liquid secures nearly R10-billion in new funding

Posted on February 27, 2026

148 Liquid Intelligent Technologies has secured US$410-million (R6.5-billion) in new financing from a consortium of commercial development finance institutions, according to a Thursday statement. Liquid’s parent company Cassava Technologies has simultaneously committed…

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