Author: Gugu Lourie
Zimbali Lakes is riding a wave of unprecedented momentum, shattering its own sales records while securing R1.2 billion reinvestment from its master developer, IFA Hotels & Resorts (IFAHR). This vote of confidence is fuelling the rapid acceleration of the estate’s most ambitious components, from a members-only supercar vault to a signature Ernie Els golf course, cementing its status as KwaZulu-Natal’s premier luxury address. The figures speak to an unrivalled market surge: R280 million in sales recorded in the first nine months of 2025 alone, marking the highest sales period in the estate’s history. With only 161 land opportunities remaining, demand…
A massive R660-million infrastructure investment is set to transform connectivity across Southern Gauteng, with Vodacom launching new sites and expanding its 5G footprint to bridge the digital divide. Vodacom Southern Gauteng is reinforcing its commitment to the region with a massive financial injection of over R660 million this financial year. The investment is strategically targeted at accelerating 4G and 5G rollouts, expanding coverage to underserved communities, and future-proofing the network against growing data demands and power challenges. The ambitious plan includes the deployment of 67 new base stations across key areas including Springs, Brakpan, Germiston, Tembisa, Soweto, and Alexandra. Simultaneously,…
Enartis, a world leader in oenological products and technologies, has announced the signing of a preliminary agreement to acquire 100% of Parsec, an Italian centre of excellence renowned for its advanced, integrated control systems for the wine sector. The strategic agreement, which is pending Italian regulatory approval, is a great step towards creating a unified technology platform that manages the entire winemaking process, from grape reception to bottling. The integration of Enartis and Parsec will create a global player capable of offering wineries worldwide a complete and smart management of their production processes. This synergy combines Enartis’s cutting-edge oenological solutions…
South Africa’s cryptocurrency revolution is accelerating, with platform Luno signing up more than 530,000 new customers in the past year, pushing its local user base to over 6.3 million. New data from the exchange paints a picture of a market rapidly maturing beyond Bitcoin speculation into sophisticated investing, everyday payments, and passive income generation. xStocks and Luno Pay See Remarkable Traction A key driver of this sophistication is the successful launch of Luno’s tokenised stocks (xStocks). These digital representations of actual stocks have quickly captured the interest of South African investors seeking exposure to traditional markets through blockchain technology. “19,000…
In a major move that redefines the future of business, Salesforce and Google have dramatically expanded their strategic partnership. The core of this alliance? A powerful infusion of Google’s cutting-edge Gemini models directly into the new Agentforce 360 Platform, setting a new standard for intelligent, connected customer and employee interactions. This is positioned as a fundamental shift towards an “Agentic Enterprise,” where AI agents work seamlessly alongside humans to automate complex processes and unlock unprecedented productivity. The Brain Behind the Operation: Gemini Powers Salesforce’s AI The expanded partnership places employee productivity at the forefront, but its intelligence runs deep. Customers…
In a move set to transform the region’s infrastructure landscape, Growthpoint Properties, South Africa’s leading Real Estate Investment Trust (REIT), has made an initial investment with the right to co-invest and develop the new Cape Winelands Airport precinct. This marks the start of a strategic partnership to deliver the Western Cape’s next-generation aviation, hospitality and industrial hub. Growthpoint, which co-owns Cape Town’s signature V&A Waterfront and holds group property assets to the value of R155.8 billion, brings its extensive experience in large-scale, mixed-use precincts to the 450-hectare development. The airport will be developed on the site previously known as Fisantekraal,…
As the digital economy continues to mature, more long-term investors are seeking secure passive income models with high returns. Recently, long-term XRP (Ripple) holders are turning to Find Mining, a regulated crypto mining platform, to generate a stable passive income of up to $7,400 per day. This is not a gimmick, but a new legal way to grow wealth Find Mining is not a “get-rich-quick” scheme with false promises. Instead, it is a legitimate crypto mining platform that has undergone international financial audits and security certifications. Its operating mechanism is based on actual computing power leasing and the distribution of…
Karooooo, the parent company of Cartrack, announced strong financial results for its second quarter ended August 31, 2025, highlighting a significant acceleration in its subscription revenue growth. The company reported that its subscription revenue growth increased from 15% in the same quarter last year to 20% this quarter. Cartrack, its primary subsidiary, saw quarterly subscription revenue hit a record R1,1 billion. “Our subscription revenue growth increased from 15% in full year 2025 quarter two2 to 20% in this quarter,” said Zak Calisto, CEO and Founder of Karooooo. “We believe that our strong unit economics coupled with a clean balance sheet…
Amid a proposal for free hotspots, Telkom highlights its “constructive engagement” with the regulator to advance digital inclusion In response to a new ICASA proposal that would mandate free WiFi hotspots at 171 government centres, Telkom has struck a conciliatory and forward-looking tone, emphasising its willingness to collaborate on shaping South Africa’s digital future. The proposed regulations, gazetted by the Independent Communications Authority of South Africa (ICASA), would impose new Universal Service Obligations on the partly state-owned operator. The plan requires Telkom to provide uncapped, free internet connectivity with speeds of at least 30Mbps to 171 Thusong Service Centres in…
South Africa’s grocery shopping habits are changing fast, and SPAR is racing to keep up. In a major expansion of its partnership with Uber Eats, the retailer plans to have over 800 stores on the delivery app, making it easier than ever to get essentials delivered to your door. This move is a direct response to a massive shift in how South Africans shop. Online grocery sales have exploded, growing 54% annually since 2019 to reach a R23 billion market. A new report from McKinsey shows that 26% of consumers plan to spend even more on online groceries in the…