123 Government has remained true to its word to withdraw additional tax increases in the 2026 budget if collections perform in line with expectations. The previously proposed R20 billion tax increase for…
Category: Business
We’ll be your partner, not just a provider
160 Cell C has unveiled a bold new strategy to support South Africa’s small and medium enterprises. The strengthened SME connectivity strategy follows extensive research into South Africa’s small business landscape. The…
The data sovereignty paradox
164 Data sovereignty has become a top boardroom issue. Regulators demand it, customers expect it, and CIOs and chief technology officers are tasked with delivering it. The assumption is simple: if your…
‘Over-optimistic Godongwana must step aside’
139 Economist Duma Gqubule argues that persistent weak growth reflects flawed fiscal assumptions. Finance Minister Enoch Godongwana and National Treasury had been over-optimistic about the economy for a long time but their…
MTN Nigeria in dramatic full-year turnaround
133 MTN Nigeria Communications CEO Karl Toriola MTN Nigeria has reported a dramatic reversal in fortunes, swinging from a loss of ₦400.4-billion (R4.7-billion) in 2024 to a profit after tax of ₦1.1-trillion…
Global GPU shortage set to deepen gaming industry woes
157 Nvidia’s RTX 5090 GPU A global shortage of gaming chips could last until the end of this year, an Nvidia executive has said, signalling more pain for the videogame industry that…
Netflix walks away from ‘irrational’ Warner Bros deal
151 A Netflix building in Hollywood. Daniel Cole/Reuters Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise…
R850bn public sector wage bill is government’s biggest expense
179 Government has introduced an early retirement programme to cut down the costs. Government is set to loosen the purse strings by an extra R90 billion, pushing consolidated spending to R2.67 trillion…
Spur lifts profit 13% despite FMD squeeze
149 Interim earnings rise to R244.7m as sales top R6.4bn, dividend climbs 13%, and management backs appeal in R233m GPS dispute. Spur Corporation has delivered a robust set of interim results for…
SOEs rack up losses of R172bn in five years – National Treasury
168 Many SOEs rely on the public purse despite operational gains. Turning around the financial performance of state-owned enterprises (SOEs) is central to improving South Africa’s economic performance, says National Treasury in…