169 South Africa’s currency has taken a notable knock, with the rand sliding in global rankings following heightened tensions in the Middle East. According to Annabel Bishop, the rand has weakened by…
Category: Business
GoTyme braces for customer churn as it forces app migration
267 GoTyme Bank CEO Cheslyn Jacobs Customers of GoTyme Bank – the digital lender formerly known as TymeBank – face a double change as the company completes its rebrand and migrates users…
City Power’s New Solar Rules Spark Backlash Over Red Tape
184 City Power Johannesburg has introduced a new six-step application process for Small Scale Embedded Generation (SSEG), drawing sharp criticism from Organisation Undoing Tax Abuse over concerns of added bureaucracy. The revised…
WeBuyCars to sell its AI inspection platform to rivals
289 WeBuyCars CEO Faan van der Walt WeBuyCars plans to begin offering its proprietary vehicle inspection platform, Inspectify, to the broader used-car market within the next six to 12 months, opening what…
Bolt South Africa launches electric cars – but will rides be cheaper?
254 Bolt is expanding with a fully electric vehicle category. Ride-hailing giant Bolt, in partnership with YugoRide, has launched an electric vehicle (EV) category in South Africa following the successful rollout in…
Khayelitsha Cookie Company Lands R1.4 Million UK Deal After Being Bought for Just R1
179 What started as a struggling small business bought for just R1 has transformed into an international success story for the Khayelitsha Cookie Company. The Cape Town-based business, led by partners Adri…
Small lifestyle changes that save more money than you think
181 PICTURE: PEXELS/ PIGGY BANK Saving money is often assumed to require strict budgeting or major sacrifices, but research in behavioural economics shows that small, consistent lifestyle adjustments can have a bigger…
AFC commits $100-million to African tech funds
204 Africa Finance Corporation has approved a commitment of up to US$100-million to invest in Africa-focused technology fund managers — a move aimed at increasing the share of local capital in the…
Uber May Be Operating Illegally in South Africa
180 Uber could be operating illegally in South Africa after failing to confirm receipt of a Certificate of Registration from the National Public Transport Regulator. Under the amended National Land Transport Act,…
Bitcoin firm headed to JSE main board
270 Africa Bitcoin Corporation, the JSE-listed company formerly known as Altvest Capital, is moving its listing from the bourse’s junior market to the main board. The company said the JSE has approved…