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Breaking News Today – Monday 1 April 2025
Business & Tech News Hooters Goes Bust: Restaurant chain, Hooters America, has gone bust and has subsequently filed for bankruptcy in Texas, as it looks to restructure the group in order to save the company and pay off debts. The group now plans to sell- off all its company-owned restaurant outlets to a group backed
Easter Season Cashflow Planning – Sound Advice for SME's
For SME's cash-flow planning and forecasting should always be a key part of managing your business, and this becomes even more important as the long weekend season is upon you over the Easter holidays, which is a busy period of long weekends and public holidays. Having a solid cash-flow and inventory plan in place can
Major Workforce Shifts Expected by 2030
Technology, including most recently, and significantly, the rise of gen AI, AI Agents and advances in robotics, along with other sector development factors, are set to create major changes in the pattern of labour demand through to the year 2030. The recently released study, “The New Future of Work”, a version of the McKinsey Global
Breaking News Today – Monday 31 March 2025
Business & Tech News Gold Prices Keep Climbing: Gold surged past the $3,120 mark on Tuesday, setting a new all-time high, driven by strong safe-haven demand amid concerns over the U.S. administrations widening trade war. Reports indicated that US President Donald Trump is considering higher trade tariffs on a wider range of countries when he
TIA launches Women Technology and Innovation Programme
The Technology Innovation Agency (TIA), an entity of the Department of Science, Technology, and Innovation (DSTI), has officially launched the Women Technology and Innovation Programme (WTIP). This initiative aims to address systemic challenges in funding, support, and development for women entrepreneurs in the technology and innovation sector. While South Africa has made progress in fostering
Rectifying 30-years of Failing Women Entrepreneurs
This past month has seen a flurry of events focused on the SME and entrepreneur start-up sector that is both welcome and exciting for the struggling South African Economy as a whole. There have been a number of really amazing efforts by private sector players such as the launch of the Lekker Network by a
DeepSeek and the Reshaping of Global Tech Markets
Article Authors: : Tim Terblanche, Head of Data Science and Adam de Waal, Quantitative Analyst at Prescient Investment Management The Shockwave from DeepSeek Artificial Intelligence (AI) has been making waves in an increasing number of industries at an accelerating pace. As data-driven investors at Prescient Investment Management (Prescient), we’re constantly evaluating the impact of these
SA Companies urged to fast-track Plastics Compliance
SAP is actively encouraging companies, across the African continent, to prepare their policy and operations, for soon to be implemented international plastic legislation to protect profit and the planet. According to a new report launched in partnership with research consultancy Earth Action, business that fail to scale their plastic data management could face corporate liabilities
Telecommunication Tech Revolution With a Human Touch
Editor Greg Stewart Chats to Rob Lith, the co-founder of Telviva Telecommunications regarding the rapid tech developments in the Telecoms sector that is not simply providing voice connectivity but has become an essential tool in business operations. Technology is driving efficiencies and effectiveness in multiple enterprise divisions including customer service levels and sales and marketing.
Breaking News Today – Friday 28 March 2025
Business & Tech News Coin Collection Treasure to go on Auction: A large private coin collection that was buried by its collector prior to the second world war, will soon be placed on auction and is set to become the most expensive coin collection ever brought to auction in its entirety. The so-called “Traveller collection”
Unearthing the Past: Golden Gate Highlands’ Fossils Rewrite Dinosaur History
In the wake of COVID-19, many holiday destinations have been striving to recover by finding innovative ways to attract visitors. However, the Golden Gate Highlands National Park is embracing this challenge by highlighting one of its most extraordinary assets—its dinosaur heritage. Long before the Eastern Free State became South Africa’s breadbasket, it was home to
Standard Bank “Shyfting” Share Trading
Standard Bank, has in collaboration with the Johannesburg Stock Exchange (JSE), expanded their offering on the Standard Bank Shyft App, and will, as of today, offer retail investors the opportunity to trade JSE listed shares on the bank’s forex and investment platform. Shyft’s Development The Shyft App was developed in 2016, primarily as a foreign
Integrated reporting: A holistic view of company performance for long-term value
With most companies wrapping up their financial year-end to start a new financial year, Alwyn Pretorius, General Manager at Infinitus Reporting Solutions – creators of Finnivo™ speaks on the importance of integrated reporting and how business performance cannot be measured solely by financial results. Imagine a company report as a story. In the past, that
Breaking News Today – Thursday 27 March 2025
Business & Tech News OpenAI – No Profit in the Next Four Years: A report from Bloomberg has revealed that Open AI does not anticipate a positive cash flow until 2029. The artificial intelligence major player is having to deal with significant costs from chips, data centres and expensive tech skills that it requires to
How Smart is Your Smart Phone?
Smartphones are today evolving into much more than simple telephony and picture capture devices, with AI features becoming an integral part of the user experience. Brands are often measured today by the technology and meaningful upgrades provided with their new models. The HONOR Magic7 Pro is a leading example of this innovation, with a mobile
Breaking News Today – Wednesday 26 March 2025
Business & Tech News Hyundai Announces Major US Investment South Korean Auto manufacturer Hyundai has announced a $21bn investment in the USA, only days before new Tariffs imposed by the Trump administration are set to be imposed on various trading countries. Hyundai’s expansion plan includes a new $5.8bn steel plant in the southern state of
Massive Investment in China Robotics Growth
China’s National Development and Reform Commission has announced plans to set up a state-backed venture capital fund focused on robotics, AI and cutting-edge innovation. The long-term fund is expected to attract around US$138 billion in capital from local governments and the private sector over 20 years. The initiative aims to continue China's technology-driven success story
What’s Next for PCs? New PC Trends for 2025
The latest PC trends that are expected to make a significant impact in 2025 and beyond have been unveiled in a report from Lenovo. From cutting-edge AI-powered innovations to the next evolution of hybrid computing, these trends highlight the future of smarter, more efficient, and immersive digital experiences. With the widespread adoption of Cloud and
Credit Market Report Highlights Strong Non-Bank Loan Increases
TransUnion today released its Q4 2024 Industry Insights Report. The findings in the report highlight that South Africa's credit market has remained steady with clear evidence of strategic adaptation in Q4 2024, as lenders balanced growth with effective risk management. The TransUnion Report highlights key trends across credit cards, personal loans, and vehicle finance, showcasing
Breaking News Today – Tuesday 25 March 2025
Business & Tech News BYD Reports Positive Growth in EV Sales The major Chinese competitor to Tesla in China, automotive manufacturer BYD, has released its annual financial report indicating an annual revenue for 2024 that eclipsed that of competitor Tesla Motors. The Shenzhen-based firm showed its revenue had grown by 29% to reach $107bn, driven