Author: Gugu Lourie
Alighting from a BMW M3 at the Mall of the South, Johannesburg South, the driver exclaimed, “Wow, it is such a beautiful machine, this one,” adding, “It’s so pretty and looks like my gorgeous Palesa”. That was some stamp of approval. My family and I were on the first day of our adventure with the new Volvo EX90. The BMW M3 passenger noticed that we were in earshot as he cast a glance at our gleaming Volvo EX90. “Volvo has done an amazing job,” he said. “What is it called, my brother? Can it compete with a Range Rover?” Not…
Land Rover has unveiled its most exclusive vehicle yet for South Africa: the Range Rover SV Polar Night. With a price tag of R6,521,929 and only five units available, it’s designed for the most discerning luxury buyer. The name “Polar Night” comes from the twilight skies in the far north. This theme is seen in its unique Spectral Light Blue paint, contrasted by a glossy black roof and mirrors. The SUV sits on massive 23-inch alloy wheels in Satin Dark Grey and Black. Inside, the exclusive feel continues with blue and black two-tone leather seats, a matching blue steering wheel,…
In a significant ruling welcomed by the power utility, a director implicated in a multi-million rand fraud scheme targeting Tutuka Power Station has been sentenced and ordered to repay Eskom R2,595,000. The Middelburg Specialised Commercial Crimes Court handed down its sentence on 22 August 2025 against Ms Jessie Phindile Kubheka, a director and majority shareholder of one of the implicated companies. The court sentenced Kubheka to 12 years for fraud, suspended for five years under strict conditions, and a further four years for money laundering, also suspended for five years. The sentencing relates to a 2020 case where an Eskom…
The financial market infrastructure giant BankservAfrica has officially been rebranded to PayInc. The launch, held yesterday, marks a decisive shift in the organisation’s role at the centre of South Africa’s payments landscape. More than a simple change, the rebrand reflects a renewed purpose, positioning the leading payments provider as the trusted partner in building a digital payments ecosystem that is secure, efficient and inclusive for all. “Our new name strongly positions who we are. ‘Pay’ highlights what we do, while ‘Inc’ speaks to why we do it – economic inclusivity,” says PayInc CEO, Stephen Linnell. “This change is not cosmetic.…
In a move set to transform the local business landscape, a new South African software platform is using advanced artificial intelligence to automate critical administrative tasks for small and medium-sized enterprises (SMEs). TechFinancials sat down with the founder of Skhokho AI Bertha Kgokong, a chemical engineer turned self-taught software developer, to discuss how her all-in-one solution – Skhokho 2.0 -is seeking to level the playing field. When asked how Skhokho 2.0 will benefit users, Kgokong was clear about its core mission: to eliminate administrative drag. “Skhokho 2.0 is designed to take the pain out of everyday business administration,” Kgokong stated. “Instead…
The Master Developers of Zimbali Lakes have shifted luxury living into high gear with the launch of The Avanti Residences and the Tatali Society Club, marking the arrival of KwaZulu-Natal’s first-ever supercar-centric residential development. The 26 August 2025 unveiling was more than a property launch; it was an immersive experience that fused high-octane automotive culture with unparalleled coastal luxury, drawing high-net-worth buyers, investors, and car enthusiasts. The event transformed the estate into a pit lane of prestige, lined with supercars and vintage vehicles. Guests enjoyed fine canapés and cocktails before an exclusive presentation on the development. The evening peaked with…
OPPO has officially launched the Reno14 5G in South Africa, a smartphone engineered to be the life of the party. Priced at R19,999 and available from all leading operators, this device is crafted specifically for the nation’s dynamic nightlife, from pulsating music festivals and serene rooftop sundowners to spontaneous after-hours braais. The company claims it combines AI-powered camera tech with staggering battery stamina, ensuring you capture and share every moment without missing a beat. “The Reno14 5G reflects OPPO’s focus on relevance for South African consumers,” said Bradley Young, Head of Retail at OPPO. “It delivers real improvements in low-light…
The decades-long “Please Call Me” legal saga between Nkosana Makate and Vodacom is headed for a final reckoning. The case has been set down for hearing in the Supreme Court of Appeal (SCA) on 18 November 2025, as mandated by the Constitutional Court, and will be heard by a new panel of judges. This follows a ruling on July 31, 2025, where the Constitutional Court overturned the SCA’s previous judgment in Makate’s favour. The apex court criticised the SCA for its failure to properly analyse evidence, introducing a new “duty of proper consideration” standard for appellate courts. It ordered a new…
In a move to ensure leadership continuity at a key state entity, Finance Minister Enoch Godongwana has appointed a seasoned National Treasury executive as the acting CEO of the Government Pensions Administration Agency (GPAA). This follows the precautionary suspension of the agency’s chief executive over allegations of serious misconduct in high-value procurement transactions. To ensure stability and the uninterrupted delivery of services, Job Stadi Mngomezulu, the Deputy Director-General for Corporate Services at the National Treasury, has been seconded to the GPAA and appointed as its Acting Chief Executive Officer, effective 25 August 2025. Minister Godongwana expressed full confidence in the…
Chief Executive Officer of the Government Pensions Administration Agency (GPAA), Kedibone Madiehe, has been placed on precautionary suspension with full pay while an investigation into allegations of misconduct concerning high-value procurement transactions is being conducted. According to media reports, Madiehe is being investigated for alleged procurement breaches costing the GPAA more than R1.2billion. The Minister of Finance Enoch Godongwana on Friday, 22 August 2025, placed the Chief Executive Officer on suspension effective immediately. To ensure continuity of operations and effective leadership during this period, Job Stadi Mngomezulu, the Deputy Director-General of Corporate Services at National Treasury, has been seconded to…