In a decisive move to dismantle criminal networks and restore integrity to a vital sector, the South African government has implemented a nationwide ban on cash transactions for scrap steel. This landmark policy, announced by the International Trade Administration Commission (ITAC), marks one of the most significant concrete reforms since the country’s recent removal from…
In a landmark corporate decision that underscores both immense faith and high-stakes gambles, Tesla shareholders have overwhelmingly approved a record-shattering compensation package for CEO Elon Musk, a deal with a potential value soaring to an unprecedented $1 trillion. The vote, held at Tesla’s annual meeting on November 6, 2025, represents a powerful re-endorsement of Musk’s…
A leading investment firm reveals that the stock’s current price reflects only the value of its strong food division, meaning investors are effectively getting the rest of the company as a bonus. JOHANNESBURG – In a surprising twist for investors, financial analysts at PSG Wealth have revealed that anyone buying Woolworths Holdings shares is essentially getting…
With over 35 million customers between them, Capitec and TymeBank users can bypass the traditional wait by using a simple, low-cost banking trick—here’s how. JOHANNESBURG – For the millions of South Africans who bank with Capitec and TymeBank, the wait for in-branch Smart ID and passport services will extend into next year. However, a simple and…
A new team in the Presidency has already built a working digital licence system, promising an end to long queues, printer breakdowns, and the need for a physical card. PRETORIA – The days of queuing at a driving licence testing centre (DLTC) and waiting months for a plastic card could soon be over, as the South…
As it battles for survival, the state-owned entity is pushing the regulator to penalize couriers like Takealot and PostNet for delivering small parcels, arguing the fines should be ringfenced for its own use. JOHANNESBURG – In a bold move that has reignited a long-running industry battle, the South African Post Office (SAPO) is demanding that the…
In a significant move to tackle one of the most persistent barriers to economic growth, South African fintech startup SME Snapshot has launched a comprehensively upgraded platform designed to demystify the funding process for small and medium enterprises (SMEs). The innovative tool directly addresses the critical “credibility gap” that often separates promising businesses from the…
In a quiet boardroom, far from the public glare of the courtrooms that had defined their relationship for nearly two decades, a long and arduous journey finally reached its end. Vodacom and Nkosana Makate, the inventor of the revolutionary “Please Call Me” service, have reached a confidential, out-of-court settlement, drawing a final curtain on a…
In a powerful endorsement of leadership amid a critical restructuring, retail giant Pick n Pay has vested R56.6-million worth of shares in its Chief Executive Officer, Sean Summers, directly linking his compensation to the tangible early progress of the group’s ambitious turnaround plan. The award, comprising two million shares, was triggered after the company met…
In a landmark decision that strikes at the heart of urban informality and economic rights, the Gauteng High Court has given the City of Johannesburg a strict two-week ultimatum to verify and register over 500 informal traders who were displaced from the city’s central business district. The ruling, handed down on November 3, 2025, is…
