200 ‘Small businesses typically feel these shocks first because they have less pricing power and thinner cash buffers.’ South African small businesses continue to face pressure from persistently high and volatile fuel…
Category: Business
Meet the CIO | Absa CITO Johnson Idesoh on AI, cyber and the future of banking
210 Absa Group CITO Johnson Idesoh Johnson Idesoh, group chief information and technology officer at Absa, says AI in all its forms – generative, agentic and the AI now being wielded by…
Tourism department criticised over delays, red tape in funding programmes
179 Parliamentary committee members have questioned the effectiveness of tourism funding schemes aimed at supporting small businesses. The department of tourism has come under fire for failing to report honestly on the…
South Africa’s digital future depends on meaningful connectivity
202South Africa’s digital future must work for everyone. World Telecommunication and Information Society Day, annually observed on 17 May, is a reminder that in today’s world, access to technology increasingly determines access…
Memory makers SK Hynix and Micron join the $1-trillion club
235 SK Hynix topped US$1-trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally….
Mobile operators locked out as Icasa opens 900MHz of spectrum
240 Communications regulator Icasa has gazetted the final regulations on the use of “innovation spectrum”, formally settling one of the most contested questions in South African spectrum policy. In terms of the…
Hiking interest rates does not solve the problem, says analyst
217 Inflation is driven higher by fuel, electricity, logistics and other administered or imported costs. The South African Reserve Bank’s (Sarb) Monetary Policy Committee (MPC) will on Thursday announce whether it will…
South Africa’s right-to-repair vacuum
275 More than two years after South African industry groups began pressing for right-to-repair rules in consumer electronics – the EU has adopted a binding directive and six US states have enacted…
Eskom breaks ground on R1.2-billion Lethabo solar plant
262 Eskom’s Lethabo power station in the northern Free State Eskom Green has begun construction on a 75MW solar power plant at its Lethabo power station in the Free State – the…
Social grant dependence increases as recipients triple over two decades
173 This sharp increase has been attributed to the large uptake of Covid-19 Social Relief of Distress (SRD) grants. Social grant reliance in South Africa has increased sharply over the past two…