Newsroom

The rise of artificial intelligence (AI) has stirred both excitement and trepidation across industries, and the hospitality sector is no exception.While forecasts predict that up to 300 million jobs worldwide could be displaced by AI advancements, the hospitality industry is confidently taking a contrarian approach, choosing to invest in human…

TymeBank today issued a national alert to raise awareness about the growing threat of “AI-driven social engineering” activity, where fraudsters are enhancing their cyber and social engineering attacks with AI generated content to manipulate customers to share sensitive information related to their bank accounts.The alert forms part of International Fraud…

Swiss luxury group Richemont, owner of Cartier and other iconic luxury brands, on Friday reported sales ahead of analysts' forecasts notably thanks to strength in its jewellery division.A rebound in some Asian markets, especially China, also contributed to its performance, resulting in sales of 10.6 billion euros ($12.3 billion) between…

As South Africa becomes increasingly digitised, the way we communicate and plan for the future has fundamentally shifted. According to the 2025 DataReportal, 50.8 million South Africans are now online, representing 78.9% of the population. While this signals remarkable progress, it also reveals a quiet trade-off: convenience often comes at the…

South African news audiences could be the ultimate losers as the country moves to implement European Union–style legislation compelling global digital platforms to share revenue with traditional media houses, a move that may prompt the platforms to simply stop indexing local news content.The findings of the Competition Commission investigation released…

Public Works and Infrastructure Minister, Dean Macpherson, has called for an urgent overhaul of South Africa’s building regulations and approval systems to fast-track infrastructure development, saying bureaucratic red tape continues to delay projects and undermine economic growth.Speaking at the 2025 National Construction Summit on Thursday, Macpherson said it was unacceptable that…

The African Development Bank (AfDB) has approved a $310 million (R5.6 billion) financial package for FirstRand Bank to expand access to finance for micro, small and medium-sized enterprises (MSMEs), particularly women-led businesses and agribusinesses in South Africa.The bank said support, announced on Thursday, reflects the its continued support for private-sector-led growth…

South Africa's 2025 Medium-Term Budget Policy Statement (MTBPS) struck a noticeably positive and pragmatic tone, signalling government's renewed commitment to fiscal sustainability and a pivot from consumption to growth-enhancing investment.The most significant takeaway from the 2025 MTBPS is National Treasury’s pledge to restore fiscal sustainability and stabilise government debt. Finance Minister Enoch Godongwana announced…

A group of at least 23 South African consumers is set to take legal action against SA Relocations Group, a relocation and immigration services company, after allegedly being defrauded of more than R1.7 million in prepaid deposits.The group, represented by consumer law attorney Trudie Broekmann, claims the company collected full…

In a landmark moment for the South African media industry, the Competition Commission unveiled the final report of its Media and Digital Platforms Market Inquiry on Thursday, heralding a new era for local journalism and media sustainability. This comprehensive report not only details the challenges the industry faces but also…