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Category: Business

South Africa’s top earners hit breaking point as debt swallows 100% of monthly income

Posted on May 26, 2026

317 The index found that those earning more than R50 000 a month need 101% of their salary to service debt. Debt Busters’ latest quarterly debt report shows that even top earners…

Smart Money Habits That Build Wealth Over Time

Posted on May 26, 2026

301 When people imagine wealthy individuals, they often picture six-figure salaries, luxury cars, or lucky investment wins. But the reality is usually far less dramatic. Most wealth isn’t built overnight. It’s built…

Sam Altman plays down AI ‘jobs apocalypse’ fears

Posted on May 26, 2026

326 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

301 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

277 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national policy on AI will only be released for public comment in January 2027, nine months after the original was withdrawn for containing fictitious and…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

335 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

271 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

354 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

351 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…

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