217 The deal is done and the pressure is on. Investors remain disenchanted – unhappy, even – about the acquisition by Mr Price Group of German retailer NKD for approximately R9.6 billion…
Category: Business
Paratus Mozambique powers 2026 Santa Maria fishing showdown
220 For the third year in succession, Paratus Mozambique is the official connectivity partner of the 2026 Santa Maria Fishing Challenge, which takes place from 3-8 May 2026 in Santa Maria on…
Google humbles Big Tech’s cloud heavyweights
221 Alphabet’s blowout cloud growth has reset expectations across major tech companies, leaving investors to recalibrate which firms are delivering the clearest returns. All four of the US tech giants that reported…
Logistics start-up Shiprazor pulls in R44-million seed round
217 Cape Town-based e-commerce logistics start-up Shiprazor has raised US$2.65-million (about R44.6-million) in a seed round led by pan-African venture capital firm Norrsken22, taking its total funding to $3.3-million. AAIC, E4E and…
Why big IT projects in South Africa keep drifting off course
247 In recent years, local businesses, including state-owned enterprises, have repeatedly struggled to implement critical IT systems on time and on budget. From retail giants experiencing warehouse bottlenecks to telecommunications and municipal…
Fuel tax protest averted (for now)
115 Thanks to extension of relief measures – albeit temporarily. The extension by National Treasury of the temporary reduction in the general fuel levy of R3 per litre into May and June…
Hospitality sector embraces Google Workspace and Gemini to cut admin
222 South African hotels are moving to Google Workspace to reduce overheads, improve internal communications and reduce admin time so staff can focus on improving customer experience. This is according to Wilhelm…
Samsung sees no respite as memory shortage set to worsen
224 An aerial view of the Samsung Electronics’ chip production facilities at Hwaseong, South Korea Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying…
Goodbye, Showmax
274 When Showmax went live on 19 August 2015, it carried more than just a catalogue of TV series and films. It carried Naspers’s conviction that South Africa could build a globally…
Staying safe on the road with inDrive: Tools every driver and rider should know about
165 inDrive now automatically detects inappropriate profile photos using AI. Safety is a top concern in South Africa’s e-hailing industry, and for good reason. Recognising this, inDrive has introduced a range of…