Author: Staff Writer

Planning, insuring, and investing just got simpler and more rewarding with the launch of glu, a new division by the Professional Provident Society (PPS). Set to go live on 30 January 2025, glu is designed to bring the benefits of mutuality and profit-sharing to a broader audience across South Africa, redefining financial security and well-being. As a division of PPS, which primarily serves graduate professionals, glu expands access to the unique mutuality model. Unlike traditional listed companies that distribute profits to shareholders, PPS and glu share their profits with members, creating a financial ecosystem where success is collective. This innovative approach…

Read More

Eskom’s relentless execution of the Generation Recovery Plan has achieved a monumental milestone: 303 consecutive days without loadshedding since 26 March 2024. This Sunday, 26 January, marks 10 full months of uninterrupted power supply, a testament to the utility’s progress in its turnaround strategy. In addition to this remarkable achievement, Eskom has saved R16.40 billion in diesel costs year-to-date, a staggering 62.4% reduction compared to the R26.27 billion spent during the same period last year. These savings underscore Eskom’s commitment to financial prudence and operational efficiency. Summer outlook remains positive Last August, Eskom forecasted a loadshedding-free summer from 1 September 2024 to 31 March 2025, citing structural improvements…

Read More

The World Economic Forum (WEF) is set to launch four new Centres for the Fourth Industrial Revolution (C4IR), including C4IR South Africa, which will be hosted at the University of Pretoria (UP). The Forum announced the signing of agreements for the four new Centres on 23 January 2025. C4IR South Africa, which will be formally known as the South African Centre for Industry and Technology, will be run in collaboration with leading South African academic institutions and will advance the nation’s readiness for the future of global value chains and energy transition. The Centre will focus on the twin challenges…

Read More

Huawei is today proud to announce that a South African Seeds for the Future team will head to the global finals of the Huawei Tech4Good competition after an impressive showing at the Sub-Saharan Africa Regional finals held in China late last year. Cultivating the next generation of digitally skilled leaders is imperative to Huawei’s mission to strengthen digital ecosystems in Sub-Saharan Africa. Its Seeds for the Future programme, exemplifies this commitment to building digitally connected societies. The winning project at the regional finals – called e-Kasi Care – uses the power of virtual medical consultations to help close the healthcare…

Read More

McDonald’s South Africa is helping customers beat the January blues with wallet-friendly menu options and an exciting new addition to its breakfast offering. Understanding the financial pinch that often comes with the start of a new year, McDonald’s is rolling out affordable value meals and sharing options designed to suit every budget. “McDonald’s SA menu features plenty of affordable choices, including fan favourites from as little as R10 on our McSaver menu and from R29,90 on our Nazo Meals, said Daniel Padiachy, Chief Marketing Officer at McDonald’s South Africa. “We ‘re also have exclusive in-app deals giving customers more ways…

Read More

Global technology brand HONOR has announced the upcoming launch of the eagerly awaited HONOR X9c, the latest addition to its acclaimed X Series line-up. Introducing the next generation of the durable and powerful HONOR X Series, the HONOR X9c arrives with exciting enhancements to user experience, blending exceptional durability with comprehensive protection, long-lasting battery life and AI photography capabilities, and advanced AI experience – all encased in a sleek and stunning design. To highlight the device’s durability, HONOR will put the HONOR X9c through a series of tests during the brand’s upcoming launch event. This elevated experience aims to offer users a unique opportunity…

Read More

Fintech service providers have a significant role to play in driving the financial inclusion national agenda. However, technology alone cannot address South Africa’s financial inclusion challenges – to create an enabling environment for financial sector innovation, stakeholders also require collaboration. According to Johan Gellatly, MD of Altron FinTech, a leading fintech that is helping to reshape the sector to enable  financial inclusion with affordable merchant and consumer cost friendly accessible  financial transacting solutions. Gellatly says financial inclusion is a key focus of the Altron strategy. “South Africa’s informal, largely cash-based, economy is estimated to be worth anything from R250 billion…

Read More

African Bank and Visa have renewed their strategic partnership for another seven years, reinforcing their commitment to innovation, security, and financial inclusion across South Africa and beyond. This renewal marks a significant milestone in their long-standing relationship, highlighting their shared goal of delivering enhanced banking experiences to customers. Through this collaboration, African Bank will continue to integrate Visa’s advanced payment technologies, ensuring secure, seamless, and efficient digital banking solutions. Visa’s expertise will support African Bank’s rebranding efforts, strengthen its market presence, and amplify its customer-focused approach. “As a bank living its purpose of advancing lives, we are excited by the…

Read More

Interest rates have been reduced, petrol prices saw multiple declines in 2024, and South Africa has achieved more than 300 consecutive days without loadshedding. These factors are contributing to a sense of optimism as 2025 begins. According to the Ipsos 2025 Predictions Survey, 84% of South Africans believe this year will be better than the last. Early indicators suggest 2025 is shaping up to be a turning point for South Africa’s economy and automotive industry. Economists speaking to Bloomberg forecast a growth rate of 1.7% for 2025, a notable improvement compared to the country’s average growth of under 1% over the past decade.…

Read More

Last year, Volvo Car South Africa revealed impressive sales figures for its electric vehicle (EV) lineup. The remarkable EX30 crossover led the charge and is converting many long-time combustion engine enthusiasts to the world of electrification. Compact, efficient, and sustainable, the EX30 is ideally suited for today’s demands and owes part of its success to a little-known electric Volvo that came decades earlier. While the XC40 Recharge marked the brand’s first electric production car, Volvo has been investing in electrification for much longer. In 1976, it debuted the Elbil concept car. In the ’70s, Volvo began experimenting with electric drivetrains,…

Read More