331 The trustee of the Nova Debenture Trust, Jean-Pierre Tromp, has filed an official complaint with the Independent Regulatory Board for Auditors (Irba) against the auditors of the Nova Property Group, alleging…
Category: Business
Watch: Bezos rocket erupts in fireball during ground test
331 An aerial view of the Blue Origin manufacturing facility at the Kennedy Space Center in Cape Canaveral, Florida, US. Brendan McDermid/Reuters An uncrewed Blue Origin New Glenn rocket exploded on the…
Yoco buys restaurant AI start-up Dyner in push beyond payments
386 From left, Carl Wazen (Yoco chief business officer), Thalentha Ngobeni (Dyner CEO), Christopher du Plessis (Dyner CTO) and Lungisa Matshoba (Yoco chief product and technology officer) Payments company Yoco has acquired…
Anthropic tops valuation of AI pioneer OpenAI
352 Anthropic has raised US$65-billion at a post-money valuation of $965-billion, as it seeks to expand computing capacity to meet growing demand for chatbot Claude and scale its products. The new valuation…
Paratus serves up pro padel in Maputo
313 As padel continues its rapid rise in popularity across Africa and around the world, Paratus Mozambique is bringing top talent, passionate players and communities together by sponsoring the highly anticipated Paratus…
Municipal Employees Pension Fund ordered to pay two-pot withdrawal benefit
341 Funds may not venture beyond registered rules, says adjudicator. The Office of the Pension Funds Adjudicator (OPFA) has ordered the Municipal Employees Pension Fund (MEPF) to allow a member access to…
Why dating at work is often a bad idea
229 Image Credit: Pexels Workplaces are meant to be professional environments where individuals collaborate to achieve common goals. While forming friendships at work is natural, dating a colleague can introduce complexities that…
Spinnaker launches in South Africa, backed by Motsepe’s ARC
511 Spinnaker Support CEO Mathew Stava Spinnaker Support, a US-based provider of third-party support for enterprise software, has formally launched in South Africa in partnership with Patrice Motsepe’s African Rainbow Capital (ARC),…
IBM doubles down on quantum computing with $10-billion bet
384 A quantum computer built by IBM IBM will invest more than US$10-billion in coming years in an effort to deliver the first large-scale fault-tolerant quantum computer by 2029, according to an…
Sarb hikes repo rate for first time in 3 years
383 This is the first time since May 2023 that the repo rate has been hiked. The South African Reserve Bank (Sarb) Governor Lesetja Kganyago said the Monetary Policy Committee (MPC) decided…