113 The author, VALR CEO Farzem Ehsani Before we defend or abolish exchange control, we should ask a simpler question: what is the policy actually trying to achieve? It is usually justified…
Category: Business
SA feels Middle East war impact as inflation jumps to near two-year high in May
119 Economists remain hopeful that the end of the period of interest rate hikes is near For weeks, economists cautioned that the economic fallout from the war in the Middle East would…
SpaceX vaults past Amazon and Microsoft in market value
109 SpaceX roared past Amazon’s market valuation on Tuesday and briefly topped that of Microsoft, rapidly scaling the list of the world’s most valuable companies on a topsy-turvy trading day fuelled by…
Tongaat Hulett escapes liquidation, saving at least 250 000 jobs
77 ‘The parties have chosen to instead work together to keep Tongaat Hullet operating and to protect the value it holds for its employees.’ Tongaat Hulett, South Africa’s century-old sugar giant, has…
Watts & Wheels S1E6: ‘A flawless Alfa and a bakkie that divides’
100 Episode 6 of Watts & Wheels – TechCentral’s electric motoring show – sees hosts William Kelly and Duncan McLeod wade into the most opaque corner of the South African car market:…
The web belongs to the machines now
112 Bot traffic has overtaken human traffic online – and South African operators warn that automated traffic, from relentless scrapers to targeted attacks, is straining what local infrastructure can absorb, while a…
AI will leave the world short of workers, says Jeff Bezos
109 Amazon CEO Jeff Bezos. Abdul Saboor/Reuters Artificial intelligence will lead to labour shortages, not the replacement of humans, Amazon founder Jeff Bezos predicted in a highly optimistic appearance at the VivaTech…
The US just showed it can switch off our AI
105 US President Donald Trump Last Sunday morning, Dewald van Staden, technical co-founder of local AI start-up Siglia, woke up to a silent disaster. Just 48 hours earlier, everything had been running…
Here’s why Vodacom spent over R8.5m on security and cellphones for two executives
139 The CEO and CFO collectively paid over R91.9 million in tax. Vodacom, one of Africa’s largest telecommunications, digital technology, and financial services companies, has revealed that it spent over R8.5 million…
Good news for South Africa’s economy
108 South African inflation rose by less than expected in May, which analysts said reduced the likelihood of another interest rate hike next month. Headline consumer inflation quickened to 4.5% year on…