Telkom Pledges R100 Million to Launch AI Institute, Bridging South Africa’s Capabilities Gap
South African telecommunications giant Telkom has committed R100 million ($6.1 million USD) to establish the Telkom AI Institute, a dedicated…
South African E-Commerce Pioneer Takealot Group Achieves Historic Full-Year Profitability
JOHANNESBURG — In a milestone 15 years in the making, Takealot Group, South Africa’s premier e-commerce ecosystem, has officially crossed…
Shell to Exit South African Downstream Business in Major Deal with UAE’s ADNOC
JOHANNESBURG — Energy giant Shell plc is set to divest its equity interest in Shell Downstream South Africa (Pty) Ltd…
Joburg Settles R1.44bn JSE Bond, Signalling Financial Recovery
JOHANNESBURG – In a significant boost to its fiscal credibility, the City of Johannesburg has successfully wiped the slate clean…
Centlec Reappoints Dr. Sekoboto as CEO Following Municipal Endorsement
BLOEMFONTEIN — The Board of Directors of Centlec (SOC) Ltd, the electricity utility serving the Mangaung Metropolitan Municipality, has officially…
BUSA Withdraws from UIF Structures at Nedlac, Calls for Immediate Administration
JOHANNESBURG — In a major escalation of tensions between organized business and state labour agencies, Business Unity South Africa (BUSA)…
Shoprite Defies Consumer Strain with Aggressive, Target-Smashing Store Expansion
JOHANNESBURG — In a powerful demonstration of market dominance and operational resilience, the Shoprite Group has comfortably surpassed its 2026…
South Africa Looks to Scale Local Battery Manufacturing and Boost Global Exports
CAPE TOWN — In a strategic move to bolster South Africa’s advanced manufacturing sector, the Deputy Minister of Trade, Industry…
Sasol Signals Specialty Pivot with €60 Million German Plant Expansion
BRUNSBÜTTEL, Germany — In a move that underscores a strategic pivot toward high-margin, specialized chemical sectors, Sasol International Chemicals has…
Bridging the Compliance Gap: Inside South Africa’s R500 Million Spaza Shop Support Fund
PRETORIA — South Africa’s informal retail sector is undergoing a massive regulatory and financial transformation, but systemic municipal bottlenecks are…
