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Both the new car market and used car market hit the skids in May. New car passenger sales fell by…
Private equity firm Actis and Royal Bafokeng holds have acquired Telkom’s wholly owned subsidiary, Swiftnet for R6,75 billion. Swiftnet, a…
Disgraced Businessman Markus Jooste Commits Suicide A Day After FSCA Fined Him R450 Million
Former Steinhoff CEO Markus Jooste is dead. Just a day after the Financial Sector Conduct Authority (FSCA) slapped him with…
Co-founders of Inflection Mustafa Suleyman and Karén Simonyan are joining Microsoft to form a new organization called Microsoft AI, focused…
Sam Ngumeni has been named the CEO of Woolworths Food, effective from July 1, 2024, succeeding Zyda Rylands, who is…
DFA and its parent company, Maziv, have followed up their ambitious network expansion project with two additional infrastructure upgrades to…
Capitec Buys Controlling Interest In Avafin, A Global Online Consumer Group, For €26.3 Million
Capitec announced today that it has taken control of a global online consumer group Avafin. The Prudential Authority of the…
SA And Now Belgium-Based Simera Sense Raises €13.5 Million In Growth Investment Round
Simera Sense, a world leader providing end-to-end optical solutions for the small satellite Earth observation industry, has raised €13.5 million…
The introduction of AI-powered virtual agents is not expected to impact the number of jobs in South Africa’s Business Process…
The Department of Mineral Resources and Energy (DMRE) anticipates presenting a Gas Master Plan to Cabinet this month, aiming to…