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Category: Business

Liquidators seize documents and laptops in raid on Banxso offices

Posted on January 5, 2026

126 In search of records they believe were being withheld from them. Banxso’s offices were raided last week by officers acting on behalf of the joint liquidators who secured a search and…

iOCO steps up share buybacks as turnaround momentum builds

Posted on January 5, 2026

102 JSE-listed technology group iOCO is stepping up its share repurchase programme, acquiring a further 2.34 million ordinary shares between 29 November and 31 December 2025, at prices between R3.98 and R4/share….

Banned or not? The truth about Schuko plugs in South Africa

Posted on January 5, 2026

149 Ongoing confusion within South Africa’ electrical sector has led to claims that all Schuko sockets are banned. The reality is far more nuanced, and the misunderstanding is affecting product sales, certificate-of-compliance…

Johannesburg Water tender awards declared invalid

Posted on January 5, 2026

101 High Court in Johannesburg suspends the ruling for 150 days to allow a new tender process. A Johannesburg Water SOC Ltd tender award to two companies for the supply and delivery…

Novus to appeal after being told to hike Mustek bid

Posted on January 5, 2026

133 Mustek’s head office in Midrand, Johannesburg The plan by Novus Holdings to acquire technology group Mustek has run into more difficulty, with the Takeover Regulation Panel ruling it must increase its…

And the best share in 2025 was …

Posted on January 5, 2026

139A small retail chain beat the big precious metals players to record the steepest price increase, while a look at the Top 20 and Bottom 20 shows enormous contrasts. It would be…

Television at 50 | How the SABC lost its way

Posted on January 5, 2026

148 Today, 5 January 2026, South Africa marks 50 years since television was launched in 1976 – a milestone that invites a hard look at what television has been in this country:…

Here’s what Kenny Fihla has done for Absa since taking the lead

Posted on January 4, 2026

205 Absa’s market value currently stands at R211 billion. There is a new sheriff in town, and his name is Kenny Fihla. Since his appointment as Absa CEO, the bank’s shares have…

Television turns 50 in South Africa

Posted on January 4, 2026

140 This Monday marks 50 years since television was officially launched in South Africa – on 5 January 1976, a lifetime ago. South Africa was late – very late – to launch…

WeBuyCars agrees to pay R2.5 million fine and refund 31 consumers R3.4 million

Posted on January 4, 2026

128 Consumers buying used cars have long worried about what could go wrong, but two recent consumer wins now offer greater protection. Car dealer WeBuyCars has agreed to pay a fine of…

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  • Dansin and Sebelebele have unfinished business with Sundowns
  • SA firms turn to automated dispatch as crime perception soars
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  • Phasing out prime rate doesn’t mean lower loan repayments, but more transparency, says Sarb
  • Meet Anele Mgudlwa’s gorgeous mother-in-law

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