September 09
South Africa: Openai, Thrive Capital Back Six-Month-Old Ai Drug Discovery Startup
Chai Discovery, an artificial intelligence biology startup founded six months ago, has raised nearly $30 million from heavyweights Thrive Capital and OpenAI to bring AI to drug… Read more »
South Africa: Balancing the Promise and Perils of Ai
Capturing structural growth potential is not easy, but in uncertain markets, it's essential. Today, investors are eager to understand more about the potential opportunities in… Read more »
September 11
South Africa: Socio-Economic Rights Institute Disheartened By Acquittal of Six Police Officers Linked to Marikana Deaths
Six men who were police officers at the time have been acquitted for their roles in the events on 13 August 2012 at Marikana that led to the deaths of five people. The families of… Read more »
September 10
South Africa: Byd Lifts Annual Sales Target to 4 Million Evs, Plug-in Hybrids
Chinese electric-vehicle maker BYD Co. has raised its annual sales forecast thanks to a surge in purchases of plug-in hybrid vehicles. Read more »
South Africa: Surviving Volatile Market Conditions - A Prescient Perspective
Buckle up, because the market roller coaster just hit turbo mode. Read more »
September 09
South Africa: After the Bell - Will the JSE's Decision to Split the Exchange Work?
The Financial Sector Conduct Authority (FSCA) last week approved amendments to the JSE's listing requirements that will allow the bourse to split its main board into two distinct… Read more »
September 10
South Africa: Ex-Cape Town Mayco Member Malusi Booi Arrested in 'Major Probe Linked to 28s Gang, Construction Tenders'
Malusi Booi, the Cape Town mayoral committee member fired in 2023, has been arrested in what appears to be a major construction tender investigation linked to 28s gang suspicions.… Read more »
September 08
South Africa: Acknowledging Harms of the Past Will Help Build a Better Mining Industry in South Africa
The fact is that South Africa would not be what it is today without the mining industry. But the cost on the lives of black South Africans and migrant workers from neighbouring… Read more »
September 04
South Africa: Ukrainians Outraged By SA Hosting Russian Navy Ship in Cape Town Harbour
While the Smolny was in the Cape Town harbour, Russia killed scores of Ukrainians in missile attacks. Later this month, South Africa is expected to welcome a long-range Russian… Read more »
August 29
South Africa: South African Companies Can Create Shared Value Through Employee Ownership
Employee share ownership plans have been underused as a strategy to galvanise economic growth in South Africa. They can be a mechanism to drive inclusive economic growth while… Read more »
South Africa: Kumba to Invest Additional R7.6bn in Technology to Triple Output of High-Quality Iron Ore
Anglo American unit Kumba Iron Ore said on Thursday that it planned to invest an additional R7.6-billion in a processing technology that it says will treble the proportion of… Read more »
August 23
South Africa: Marikana - Another Year, Another Roll Call for Those Who Were Killed, Another Year of Broken Promises
A promise was made in 2017; Lonmin said that it would build a Green Blanket Memorial Park on this now sacred site, which would consist of a park, a soccer field, a museum and a… Read more »
August 27
South Africa: Some Relief in Store for Consumers As Fuel Price Set to Drop
Koketso Mano, a senior economist at FNB, said softer oil prices alongside a stronger rand had contributed to the expected fuel price drop. Read more »
August 25
South Africa: Keep These Three Principles in Mind to Secure Optimal Investment Returns
Sound financial advice for those investors worried about market volatility. Read more »
South Africa: Disgraced Mkhwebane Should Pay Back Money, Not Expect to Get More
The fact that the state has had to allocate resources that could have been used more constructively to the betterment of all South Africans should shame Busisiwe Mkhwebane and her… Read more »
August 26
South Africa: Municipalities Cannot Contribute to SA's Just Energy Transition Without the Necessary Resources - Salga President
Bheke Stofile, the president of the South African Local Government Association, says a 'vicious cycle' of contradictory policies that introduce new energy players will undermine… Read more »
August 25
South Africa: No Elon, DEI Must Not Die, and Here's How We Can Make It Stick
We know that diversity wins in business as in life, but why is it such a struggle to create truly diverse and inclusive workplaces? New research digs deep to explore how leaders in… Read more »
August 22
South Africa: Iconic Yellow Trains Make Way for New Blue People's Train, Enhancing Commuter Convenience and Safety
In a welcome shift, the iconic yellow trains in Gauteng have now been replaced by their blue counterparts, promising both convenience and increased safety. Read more »
August 20
South Africa: After the Bell - the Impending End of Eskom's 100-Year Monopoly
The pricing architecture of electricity is about to change after President Cyril Ramaphosa signed into law last week amendments to the Electricity Regulation Act. This is a… Read more »
August 21
South Africa: Behind Closed Doors - - Harsh Realities Faced By Domestic Workers Amid Rising Costs and Insecurity
The latest SweepSouth Annual Report illustrates that domestic workers are facing economic hardship and mental health challenges. Despite a slight increase in earnings, rising… Read more »
August 22
South Africa: Exorbitant Vice-Chancellor Salary Packages Suggest Something Is Fundamentally Broken in Our Higher Education System
The reported excessive and unjustifiable vice-chancellor remuneration packages are an insult to the growing precarity that a lot of staff members face in our universities. Read more »
South Africa: Two-Pot Retirement Reform in a Nutshell
After years of workshops, implementation dates moving back and forth and endless debate about how it would work, the two-pot retirement reform implementation date is around the… Read more »
August 21
South Africa: Relief in Sight As Annual Consumer Inflation Slows to Three-Year Low of 4.6 Percent in July, Rate Cut Looms
South Africa's consumer price index slowed significantly in July to 4.6% year-on-year, a three-year low, from 5.1% in June. In a hopeful sign, food inflation braked to a 4½… Read more »
South Africa: Over 2,500 Police Trainees Evacuated After Tshwane Gas Pipeline Explosion
An explosion in a Sasol gas pipeline near the SAPS Training Academy in Tshwane led to the evacuation of more than 2,500 police trainees and officers. This article is free to… Read more »
August 18
South Africa: Two-Pot Retirement System - - Be Careful Before Making Withdrawals From Your Funds
Before delving into your retirement savings, you would do well to consider factors such as long-term returns, capital gains tax and fund growth Read more »