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Category: Business

Herotel becomes South Africa’s largest retail fibre ISP

Posted on May 12, 2026

311 Herotel has become South Africa’s largest retail fibre-to-the-home (FTTH) internet service provider by connected homes, according to the latest Africa Analysis FTTH Quarter Tracking report. The Stellenbosch-based ISP, which is owned…

Joosub warns of 24 months of pain for phone buyers

Posted on May 12, 2026

250 Vodacom Group CEO Shameel Joosub has warned that smartphone prices will rise sharply amid the RAM supply crisis, supply-chain restrictions and rising fuel prices. Joosub told TechCentral on Monday that the…

BLSA CEO questions whether changes to BEE will grow South Africa

Posted on May 12, 2026

212 ‘Every rand spent on compliance bureaucracy is a rand not spent on actual service delivery.’ Business Leadership South Africa CEO, Busisiwe Mavuso, has expressed her views about the proposed amendments to…

Malatsi moves to rescue South Africa’s botched AI policy

Posted on May 12, 2026

203 Communications minister Solly Malatsi. Image: DCDT Communications minister Solly Malatsi has appointed an independent panel of AI researchers, lawyers and governance specialists to rebuild South Africa’s draft national AI policy, a…

Netflix’s astonishing R2.2-trillion content bill

Posted on May 12, 2026

349 A Netflix building in Hollywood. Daniel Cole/Reuters Netflix has invested more than US$135-billion (R2.2-trillion) in films and television series over the past decade, the company said on Tuesday, underscoring the dominance…

MultiChoice faces potential R4bn penalty for allegedly contravening Competition Act

Posted on May 12, 2026

181 The Competition Commission is reportedly open to talks with the two to reach a settlement agreement. MultiChoice, one of Africa’s largest streaming platforms, faces a potential penalty of up to 10%…

MTN’s African engines fire – but South Africa still stalled

Posted on May 12, 2026

195 MTN Group said on Tuesday that its core earnings jumped 27.9% in the first quarter, outpacing revenue growth as tighter cost control and strong performances in Nigeria and Ghana boosted profit….

Naspers shares tumble on iFood investment warning

Posted on May 12, 2026

212 Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at…

Unemployment increases: 258 000 youth lost jobs at the beginning of 2026

Posted on May 12, 2026

336 Almost half of South Africa’s youth seeking work cannot find jobs. After declining in the third and fourth quarters of 2025, South Africa’s unemployment rate reversed course in the first quarter…

Fuel pain finally tipping the scales for EVs in South Africa

Posted on May 12, 2026

224 The war in the Middle East, and the resultant spike in the price of fuel, is driving a major shift in thinking about electric mobility by both consumers and logistics firms,…

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  • Actress Rami Chuene celebrates her 51st birthday
  • Golden Arrow Driver Praised for Helping Lost Child
  • � LIVE: MADLANGA COMMISSION HEARINGS | 03 JULY 2026
  • EFF accuses Mbalula of weaponising migration debate for political gain, gives him 48 hours to retract remarks
  • Bafana Bafana goalkeeper is now a free agent, will Orlando Pirates pounce?

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