184 Spear REIT has announced the Watergate Centre acquisition in Mitchells Plain for R442 million, adding a fully let convenience retail asset to its Western Cape portfolio. The company said the transaction…
Category: Business
Elon Musk’s war on OpenAI ends in crushing defeat
140 OpenAI CEO Sam Altman and Elon Musk during the trial. Manuel Orbegozo/Reuters A US jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the AI company not…
South Africa’s Growth Outlook Takes Another Hit
203 South Africa’s economic growth outlook has taken a slight knock. Economists in the Bureau of Market Research and Unisa Economist of the Year competition cut their consensus forecast for 2026 growth…
Netstar brings coding and robotics to inner-city Joburg
153 From left, Collin Govender, Altron Group chief operating officer; Leona Pienaar, MES CEO; Marisa Jansen van Vuuren, Altron Group chief marketing officer; Innocent Mabusela, Jozi My Jozi CEO; and Warren Mande,…
Ramaphosa Warns Democracy Faces Global Pressure
150 President Cyril Ramaphosa has used his latest weekly newsletter to warn that democracy is under strain across the world as South Africa prepares to mark Freedom Day on 27 April. He…
Eskom zeroes in on offenders linked to load shedding procurement contracts
145 Including staff and suppliers suspected of fraud and corruption in a deal. Eskom says it is closing in on several employees accused of breaching procurement processes linked to a diesel procurement…
South Africa leads rest of Africa in AI adoption
204 South Africa is the highest-ranked country on the African continent for adoption of generative AI, according to new data from Microsoft – though the figures also show just how far the…
Tim Cook Steps Down as Apple Names New CEO
158 Apple has officially announced that Tim Cook will step down as chief executive after 15 years, marking the end of a defining era for the tech giant. According to Apple, Cook…
Investec’s contrarian AI bet: people over machines
191 Investec Specialist Bank CIO Graeme Lockley South Africa’s banks are placing strikingly different bets on artificial intelligence. Investec is resisting the AI-first turn that competitors such as Discovery and Capitec are…
Mahindra Eyes Major Upgrade of South African Plant as Demand Grows
195 Indian automotive giant Mahindra & Mahindra is reportedly considering a significant upgrade of its South African manufacturing operations as it looks to expand its footprint in a growing but highly competitive…