188 Communications minister Solly Malatsi. Image: DCDT Communications minister Solly Malatsi has appointed an independent panel of AI researchers, lawyers and governance specialists to rebuild South Africa’s draft national AI policy, a…
Category: Business
Netflix’s astonishing R2.2-trillion content bill
333 A Netflix building in Hollywood. Daniel Cole/Reuters Netflix has invested more than US$135-billion (R2.2-trillion) in films and television series over the past decade, the company said on Tuesday, underscoring the dominance…
MultiChoice faces potential R4bn penalty for allegedly contravening Competition Act
163 The Competition Commission is reportedly open to talks with the two to reach a settlement agreement. MultiChoice, one of Africa’s largest streaming platforms, faces a potential penalty of up to 10%…
MTN’s African engines fire – but South Africa still stalled
185 MTN Group said on Tuesday that its core earnings jumped 27.9% in the first quarter, outpacing revenue growth as tighter cost control and strong performances in Nigeria and Ghana boosted profit….
Naspers shares tumble on iFood investment warning
193 Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at…
Unemployment increases: 258 000 youth lost jobs at the beginning of 2026
307 Almost half of South Africa’s youth seeking work cannot find jobs. After declining in the third and fourth quarters of 2025, South Africa’s unemployment rate reversed course in the first quarter…
Fuel pain finally tipping the scales for EVs in South Africa
199 The war in the Middle East, and the resultant spike in the price of fuel, is driving a major shift in thinking about electric mobility by both consumers and logistics firms,…
Joburg Water disaster has been a decade in the making
237 The entity admits that the city’s water and sanitation service ‘is not sustainable’. In its business plan for 2026/27, which accompanies the various draft budgets and tariffs for the next financial…
Boxer reports a year of store expansion and job growth
173 New store openings created 3 400 jobs, bringing Boxer’s total workforce to 35 314 employees. Discount retailer Boxer has reported mixed financial results for the year ended 1 March 2026. The…
Checkers Sixty60 suspended in Western Cape and parts of Eastern Cape
181 The delivery service has been suspended for the safety of drivers. Checkers Sixty60 has been suspended in the Western Cape and parts of the Eastern Cape on Monday due to severe…