141 Following a high court hearing that went into the evening on Wednesday (14 January), Judge Anthony Millar ordered energy regulator Nersa to redetermine the electricity tariffs applied in 2024/25 for the…
Category: Business
Visa moves to plug stablecoins into the global payments system
171 Visa is working to integrate stablecoins into existing payment systems, seeing an opportunity to maintain its market leadership as these tokens gain traction, Visa’s head of crypto, Cuy Sheffield, said in…
Learn before you leap with Binance: why crypto education matters
180 Binance South Africa GM Hannes Wessels The crypto world moves much more quickly than most people realise. At this speed, there’s plenty of opportunity, but plenty of danger, too. For Binance,…
Oracle sued as bondholders allege AI debt plans were hidden
163 Oracle chairman Larry Ellison. Robert Galbraith/Reuters Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison concealed its need to sell…
Tau welcomes Agoa vote, still talking to US about trade
204 Economists do not have much hope that South Africa will be included in Agoa this time, but the minister’s department is still trying. The Minister of Trade, Industry and Competition has…
Auctioneer fined for selling farm with non-existent dam and crocodile
170The farm was sold four months later to someone who did not mind that there was no dam and no croc, but this buyer was still not refunded. The National Consumer Tribunal…
South Africa’s maths pipeline is collapsing
164 The decline in the number of South African learners taking and passing pure mathematics – as opposed to the more rudimentary maths literacy – at high school level is going to…
BNPL market hots up as Shoprite enters space
185 Shoprite Group has signed a partnership with Weaver Fintech (formerly Homechoice International) subsidiary PayJustNow to bring buy now, pay later (BNPL) payment options to customers for a wide range of items,…
‘New’ Sanral policy on rest and service facilities declared unlawful
168 Roads agency unilaterally hiked the percentage-of-turnover levies paid by developers of these areas, with no clarity as to when this happened. A decision to adopt and retrospectively apply a new policy…
Billions flow into renewables as South Africa races to fix its grid
153 Sola Group’s Springbok solar farm South Africa’s renewable energy sector is poised for a busy year, with multiple projects set to reach commercialisation or break ground as market confidence remains generally…