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Category: Business

Sam Altman plays down AI ‘jobs apocalypse’ fears

Posted on May 26, 2026

324 OpenAI CEO SSam Altman. Kylie Cooper/Reuters OpenAI CEO Sam Altman said on Tuesday that the rapid development and adoption of AI would not lead to a global “jobs apocalypse” and the…

Reunert’s iqbusiness sets sights on tech consolidation

Posted on May 26, 2026

299 Rob Godlonton Reunert subsidiary iqbusiness is actively evaluating further technology-sector acquisitions following last week’s Silversoft deal, with CEO Rob Godlonton signalling an “active pipeline” targeting AI, cybersecurity, cloud, operational technology and…

Drivers of foreign cars must declare with Sars before leaving or entering SA

Posted on May 26, 2026

273 Those who fail to comply could face enforcement action from the taxman. Less than a month into the top job, Sars Commissioner Dr Johnstone Makhubu is tightening controls at the country’s…

Hallucination-hit AI policy delayed to January 2027

Posted on May 26, 2026

334 A revised draft of South Africa’s national policy on AI will only be released for public comment in January 2027, nine months after the original was withdrawn for containing fictitious and…

Home affairs goes ghost-hunting on state payrolls

Posted on May 26, 2026

334 Home affairs minister Leon Schreiber The department of home affairs has built a real-time biometric verification platform for national treasury designed to flush ghost employees out of government payrolls – a…

Motorists could help fund RAF through licence payments

Posted on May 26, 2026

270 The Department of Transport is researching a vehicle owner contributory scheme to fund the RAF, according to Minister Barbara Creecy. Motorists in future might have to pay a separate amount to…

AI, cybersecurity power standout year for Datatec

Posted on May 26, 2026

353 Datatec Group CEO Jens Montanana Datatec Group has delivered a sharp acceleration in earnings for the year ended 28 February 2026, with the JSE-listed international technology distribution and services group benefiting…

South Africa’s unlikely telecoms giant

Posted on May 26, 2026

350 Pepkor Holdings’ cellular business has pivoted decisively from selling phones to financing them, the JSE-listed retailer’s interim results showed on Tuesday, with its smartphone rental book swelling to R2.6-billion in the…

Court ruling opens the door to private procurement of FMD vaccines

Posted on May 26, 2026

208 FMD Response SA warned that the judgment does not create a free-for-all or give farmers an automatic right to import vaccines themselves. The Pretoria High Court has ruled that farmers may…

Luce lit: Ferrari unveils its first electric car

Posted on May 26, 2026

294 Ferrari presented its first fully electric car on Monday, marking a high-stakes shift by the luxury sports car maker as competitors including Porsche and Lamborghini scale back their EV ambitions, citing…

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