145 A powerful AI model that appeared anonymously on a developer platform last week was revealed on Wednesday to be from Chinese smartphone and EV giant Xiaomi, after it fuelled speculation that…
Category: Business
Sars cracks down on illicit economy, targets corrupt insiders
184 Sars said illicit economic activity linked to customs and tax systems undermines economic growth, job creation and fair competition. The South African Revenue Service (Sars) has intensified its fight against corruption…
Spar starts retrenchment process to slash costs
187 The retrenchments follow uninspiring revenue growth in FY2025 and recent key executive changes Retailer Spar says it will launch a voluntary severance programme in certain parts of the business to improve…
Major security alert for iPhone users
167 A powerful software exploit capable of penetrating and stealing information from potentially hundreds of millions of Apple iPhones was planted on dozens of websites in Ukraine in recent weeks, researchers said…
Commission to probe Showmax closure
159 The Competition Commission will investigate whether merger conditions between Canal+ and MultiChoice are being adhered to. The Competition Commission will probe decisions taken by Canal+ following its takeover of MultiChoice Group,…
iOCO scraps ‘work from home’
182 JSE-listed technology services group iOCO has scrapped its work-from-home policy entirely, requiring all employees to return to the office full time — and it says the move has delivered a measurable…
Good news on inflation in February, but don’t celebrate yet
193 Analysts forecast inflation to start rising in March, with a more significant increase in April. Annual consumer price inflation cooled to 3.0% in February from 3.5% in January 2026, thanks to…
iOCO shifts to offence with first acquisition in eight years
222 iOCO CEO Rhys Summerton JSE-listed technology group iOCO has signalled a shift from survival mode to growth, announcing its first acquisition since completing a multiyear turnaround plan that has transformed the…
SA is off the FATF grey list
177 South Africa’s exit from the Financial Action Task Force (FATF) grey list in October 2025 marked a pivotal moment for the country’s financial services sector. Originally added due to weaknesses in…
Chief Justice to earn over R3.3m – Here’s how much the rest of the judiciary will get
185Chief Justice Mandisa Maya is the first woman in history to hold the position. The office of the Presidency has gazetted the updated salaries for judges, magistrates, justices and the public protector….