Newsroom

Nokwanda MathenjwaIn the President's eagerly awaited State of the Nation Address (Sona) on the 6th of February 2025, it was refreshing to hear President Cyril Ramaphosa acknowledge that South Africa is developing state in pursuit of a developmental state. The late Professor Thandika Mkandawire, a prominent Malawian economist and scholar, has extensively…

Sivu MatyilaSocial media content creation is a space that’s increasing in value locally, with 45.34 million South Africans using the internet (74.7% of the population), and 26 million social media users (42.8% of the internet users), according to the Global Digital Report 2024 – produced in partnership with Meltwater and We Are Social. Ad spending in the Influencer…

Chris BadenhorstCloud is more expensive than companies expected. According to a Citrix survey, companies are turning back the cloud clock, repatriating workloads to on-prem solutions because cloud introduces security risks, isn’t performing to expectations, and is adding more zeroes to the bottom line than anticipated. There are already case studies – 37signals, the…

The Competition Tribunal on Friday issued its reasons for prohibiting Vodacom Group from acquiring a 30% to 40% stake in fibre company Maziv for R13.2 billion, citing significant anti-competitive effects that outweigh limited public interest benefits, according to a detailed ruling released on Friday.The Tribunal’s decision, finalised on October 29,…

Novus Holdings, a printing and packaging firm, said on Friday it will urgently appeal a decision by the Takeover Regulation Panel (TRP) to withdraw approval of its firm intention announcement (FIA) for a mandatory offer to buy shares in technology distributor Mustek Limited.The TRP had initially approved the FIA on…

MultiChoice, the entertainment company, cautioned on Friday that its financial results for the year ending March 31, 2025, will likely reflect ongoing economic challenges, including a cost-of-living crisis and currency depreciation across key markets.The group, which operates in South Africa and the broader African continent, said in a voluntary operational…

The South African Post Office (Sapo) on Friday distanced itself from assisting Post Bank card holders and South African Social Security Agency (Sassa) beneficiaries with Gold or new Black card withdrawals, citing the lack of a service level agreement with Sassa and Post Bank, according to a press statement released…

Concern is spreading about whether a consensus will be reached for Finance Minister Enoch Godongwana’s National Budget to be passed as the deadline of next Wednesday April2 looms. The ANC and the Democratic Alliance remain at odds over a tabled 0.5% Value Added Tax (VAT) increase on March 12. Labour…

Investment holding group Rex Trueform passed the dividend after subdued sales at its clothing stores and headline earnings per share fell 3% to 97 cents in the six months to December 31.The group, which has more than 100 retail stores among its investments, on Friday reported a 4.5% decline in…

Private healthcare provider Netcare's total paid patient days (PPD) are expected to increase by only 1.1% for the first six months of its 2025 financial year due to the timing of the Easter holidays, which will slow activity levels.It's directors said in a trading update Friday that activity was influenced…