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Category: Business

Eskom warns of possible electricity supply interruption to Govan Mbeki Municipality over R6.5bn debt

Posted on March 6, 2026

137 The power utility says the municipality’s failure to meet debt relief conditions and settle its electricity account could result in reduced or terminated bulk supply from May 2026. Eskom Holdings SOC…

Government ‘closely watching’ the oil price and jet fuel situation – Creecy

Posted on March 6, 2026

129 Transport Minister Barbara Creecy says SA currently has “stability” on refined fuel and jet fuel supplies following the Middle East conflict, which has forced the closure of the Strait of Hormuz –…

iStore prices MacBook Neo at R11 999 in South Africa

Posted on March 6, 2026

150 Shannon Stapleton/Reuters Apple retailer iStore has opened pre-orders for Apple’s new MacBook Neo at R11 999 for the 256GB model and R13 999 for the 512GB version – pricing that could tempt…

Billions wasted, well over R10bn in trading losses – how Showmax failed

Posted on March 6, 2026

136 This entire business case was ill-considered, with subscription growth failing to meet lofty expectations In the year to April 2025, for every R99 in subscription fees a Showmax subscriber paid for…

Showmax axed in shock move by Canal+

Posted on March 6, 2026

130 Showmax was originally launched as MultiChoice’s answer to the global streaming boom MultiChoice, which is now part of the Canal+ Group, has confirmed it will discontinue its Showmax streaming service following…

GSMA warns geopolitics could split global mobile standards

Posted on March 6, 2026

167 GSMA deputy chair Ralph Mupita Global mobile industry body GSMA is concerned that ongoing geopolitical tensions could lead to a bifurcation of standards that could have a severe impact on supply…

Citroën teases Basalt SUV Coupé

Posted on March 6, 2026

133 Citroën South Africa is taking an unconventional approach to the launch of its Basalt SUV Coupé, using a two-week teaser campaign that foregrounds design and user experience before releasing any technical…

Meta to allow rival AI chatbots on WhatsApp amid EU pressure

Posted on March 6, 2026

154 AI rivals will be allowed on WhatsApp for a year, Meta Platforms said, aiming to head off a possible temporary order from EU antitrust regulators after complaints from competitors shut out…

Fight over RMB Holdings turns ugly as directors hamstrung

Posted on March 5, 2026

161 A full 10 out of 20 resolutions didn’t pass at its AGM… The battle over listed RMB Holdings (RMH) – which only has a single major asset, being 38.5% of Atterbury…

Spar shareholders unhappy with how much executives are set to earn

Posted on March 5, 2026

159 Spar’s four executive directors cost the retailer north of R58.8 million in salary packages in 2025. Spar will hold talks with unhappy shareholders about executive pay after more than 60% of…

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