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Category: Business

SAA CEO Lamola and directors quit as airline accused of purge

Posted on April 10, 2026

386 South African Airways (SAA) is facing renewed uncertainty after Group CEO Professor John Lamola and three non-executive directors announced their resignations on Friday afternoon. Now, analysts are warning that the airline’s…

Standard Bank experiences data breach that exposes client account details

Posted on April 10, 2026

290 PICTURE: X/ STANDARD BANK Some clients have expressed concern after learning that Standard Bank South Africa has experienced a data breach that exposes clients’ details, making them easy targets of scams….

Anthropic mulls building its own AI chips

Posted on April 10, 2026

285 Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop…

Meet Pixie, Checkers Sixty60’s new handy addition to the way you order

Posted on April 10, 2026

234 Pixie’s experimental service started rolling out to the Sixty60 app on 9 April. Shoprite Holdings, the largest retailer in Africa, on Thursday introduced a smart AI shopping assistant for Checkers Sixty60…

South Africa’s biggest banks are lining up behind Optasia

Posted on April 10, 2026

274 Optasia CEO Salvador Anglada Optasia has secured US$330-million (R5.4-billion) in refinanced and upsized debt facilities, with Standard Bank acting as joint mandated lead arranger and underwriter in a deal that deepens…

Big Tech is going nuclear

Posted on April 10, 2026

252 Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centres, inking deals that offer nuclear companies both funding…

Microsoft is sacrificing Edge on the altar of Copilot

Posted on April 10, 2026

262 In the late 1990s, Microsoft learnt a lesson it seems to have spent the last two decades trying to forget: you cannot force a user to love a product through sheer…

Sars obtains court order to freeze millions in former employees’ assets

Posted on April 10, 2026

166 Crackdown on corruption within its ranks continues. Johnstone Makhubu, the incoming (and acting) commissioner of the South African Revenue Service (Sars), has issued a stern warning that corruption within the institution…

CV with No Experience in South Africa

Posted on April 10, 2026

175 In South Africa, your first CV can feel like a puzzle you’re trying to solve without all the pieces. You’ve got no job history, no references from employers, and maybe just…

5G expected to reshape South Africa’s wireless broadband market

Posted on April 10, 2026

265 South Africa’s broadband access market is expected to reach R82.8-billion in revenue by 2029, with 3.7 million new active subscriptions, according to the latest SA Broadband Report from ICT analyst firm…

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