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Category: Business

Pick n Pay freezes salaries and slashes headcount in ‘future-fit’ restructuring drive

Posted on May 25, 2026

234 Pick n Pay says it remains committed to safeguarding jobs. Pick n Pay, one of South Africa’s largest retailers, says it has taken action on management salaries as its restructuring process…

Pope urges world to hit brakes on AI

Posted on May 25, 2026

212 Pope Leo XIV. Yara Nardi/Reuters Pope Leo on Monday urged governments to slow down and closely regulate the development of AI systems in his first major document, warning that they spread…

Sita, Sars rubbish reports they were hacked

Posted on May 25, 2026

285 The South African Revenue Service (Sars) and the State IT Agency (Sita) have both moved to shoot down claims circulating on social media that their systems have been hacked, with each…

John Steenhuisen calls for a collaborative action plan between South Africa and Botswana to combat FMD

Posted on May 25, 2026

271 According to Steenhuisen, it is clear that no country can defeat FMD in isolation. Following the arrival of two million Dollvet vaccines into the country earlier this month, agriculture minister John…

Altron walked away from multiple M&A deals

Posted on May 25, 2026

364 Altron Group CEO Werner Kapp Technology group Altron walked away from multiple acquisitions in the past financial year, rejecting deals on grounds ranging from price to corporate structure, CEO Werner Kapp…

Cape Town pioneers pooled wheeling of renewable electricity

Posted on May 25, 2026

350 Cape Town has wheeled renewable electricity across multiple buildings simultaneously for the first time, in a pooled arrangement that its architects say solves one of the biggest commercial obstacles to scaling…

Here’s how young graduates and professionals can get onto the property ladder sooner

Posted on May 25, 2026

234With repayments limited to just the interest for the first two years, the prospect of buying your own home can move from being a ‘one day’ dream to a ‘right now’ possibility….

Webinar today: a 30-day plan to protect your SME from cyberattacks

Posted on May 25, 2026

248 In the past few weeks alone, we’ve seen a series of reported breaches and cyber incidents affecting education institutions, technology providers and industry organisations in South Africa. These incidents reinforce the…

Pick n Pay’s online growth slows as Sixty60 lead widens

Posted on May 25, 2026

355 Pick n Pay CEO Sean Summers Pick n Pay’s online business has held onto the profitability it first reported a year ago, but turnover growth has slowed materially as the retailer…

Gauteng transport department ordered to pay Putco R154.4m

Posted on May 25, 2026

335 Department also issued with a punitive court cost order for failing to comply with its obligations. The Gauteng Department of Roads and Transport has been ordered to pay commuter bus company…

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