296 Cape Town-based e-commerce logistics start-up Shiprazor has raised US$2.65-million (about R44.6-million) in a seed round led by pan-African venture capital firm Norrsken22, taking its total funding to $3.3-million. AAIC, E4E and…
Category: Business
Why big IT projects in South Africa keep drifting off course
347 In recent years, local businesses, including state-owned enterprises, have repeatedly struggled to implement critical IT systems on time and on budget. From retail giants experiencing warehouse bottlenecks to telecommunications and municipal…
Fuel tax protest averted (for now)
195 Thanks to extension of relief measures – albeit temporarily. The extension by National Treasury of the temporary reduction in the general fuel levy of R3 per litre into May and June…
Hospitality sector embraces Google Workspace and Gemini to cut admin
266 South African hotels are moving to Google Workspace to reduce overheads, improve internal communications and reduce admin time so staff can focus on improving customer experience. This is according to Wilhelm…
Samsung sees no respite as memory shortage set to worsen
308 An aerial view of the Samsung Electronics’ chip production facilities at Hwaseong, South Korea Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying…
Goodbye, Showmax
381 When Showmax went live on 19 August 2015, it carried more than just a catalogue of TV series and films. It carried Naspers’s conviction that South Africa could build a globally…
Staying safe on the road with inDrive: Tools every driver and rider should know about
295 inDrive now automatically detects inappropriate profile photos using AI. Safety is a top concern in South Africa’s e-hailing industry, and for good reason. Recognising this, inDrive has introduced a range of…
Understanding good and bad credit
257 Tough times lie ahead for many South Africans as electricity and fuel prices continue to rise, and uncertainty over whether the South African Reserve Bank will increase interest rates adds further…
Goldman Sachs warns of tech bubble
224 AI’s potential to disrupt businesses has sparked concerns over the dependency of US equity valuations on long-term growth forecasts, particularly in the software sector, Goldman Sachs said. “Terminal value” — a…
SA stretches fuel tax relief as oil prices surge
231 The government will extend fuel tax cuts for another two months to cushion the impact of the Iran war on households, but that the relief would end after that and it…