109 Newly appointed MultiChoice Group CEO David Mignot. Image: (c) Aurelien Pierron MultiChoice Group announced a raft of executive leadership changes on Monday. Following the conclusion of its acquisition by France’s Groupe…
Category: Business
Basel III complicates Africa’s push for infrastructure: Trevor Manuel
79 He also called on civil engineers to become more involved in and vocal about policy-making. Basel III’s stringent capital requirements are increasingly under fire for restricting the ability of African banks…
Trust deficit deepens in TV migration battle
79 The department of communications & digital technologies is under fire for allegedly lying to parliament about the state of discussions with broadcasters to resolve the legal impasse over digital television migration….
BEE not main issue on the table in SA’s trade talks with US
83 South Africa’s team in Washington is getting ready for more trade talks as the president arrives in the US for the UN sitting. Removing Black Economic Empowerment (BEE) rules for United…
TCS | From lockdown idea to global player: The Invigilator bags $11-million funding
96 The Invigilator, the developer of a South African application that helps educational institutions monitor web-based assessments to prevent cheating, recenty secured US$11-million (R195-million) in funding to help it expand internationally. In…
Busa joins the march to court over new employment equity targets
64 The business organisation says the recently published race and gender targets are unrealistic, and no meaningful public participation took place. Business Unity South Africa (Busa) is the latest business group to…
Blu Label may declare special dividend on Cell C listing
108 Blu Label Unlimited Group could pay a special dividend to its shareholders should it be successful in its planned listing of Cell C on the JSE next year. The company, which…
Google is back in antitrust crosshairs
87 Google is seeking to avoid a forced sale of part of its online advertising business in its latest faceoff with US antitrust enforcers. The trial is the government’s next best shot…
Credit regulator fails to overturn OTR fees judgment in vehicle finance agreements
100 SCA rules BMW, Volkswagen and Mercedes-Benz did not contravene the NCA by charging OTR fees in their vehicle finance agreements. The National Credit Regulator (NCR) has failed to overturn a judgment…
Nvidia bets $100-billion on OpenAI
115 Chip maker Nvidia will invest up to US$100-billion in OpenAI, marking a tie-up between two of the highest-profile leaders in the global artificial intelligence race. Companies worldwide are pouring hundreds of…