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News
JSE-listed ICT firm suspended for not paying its own dividend
8+ hour, 35+ min ago (748+ words) The JSE has suspended trading in Labat Africa’s shares with immediate effect after the technology investment holding company failed to pay the first dividend in its 27 years as a listed company. In a notice published on Thursday, the JSE said…...
South African inflation breaks its upward run
1+ week, 2+ day ago (397+ words) South Africa’s headline consumer inflation slowed to 4.3% year on year in July from 5% in June, data from Statistics South Africa showed on Wednesday, breaking a four-month run of accelerating prices. Economists polled by Reuters had expected inflation would ease to…...
AI's hunger for capital is the next big risk to the global economy
2+ week, 5+ hour ago (690+ words) Market gauges of inflation-adjusted borrowing costs have shot to their highest in more than a decade across major economies as AI companies and governments ramp up bond sales, raising risks for stock markets and the world economy. Real yields are…...
Luno cutting a fifth of its workforce - South Africa not spared
4+ week, 2+ day ago (582+ words) Luno, the cryptocurrency exchange that started in South Africa and is now owned by US-based Digital Currency Group, is cutting 20% of its global headcount and reorganising the business into three separate units, CEO James Lanigan said on Tuesday. The company…...
Load shedding is over - and that's exposing a new energy crisis
1+ mon, 5+ day ago (536+ words) South Africa’s structural reform programme has lost momentum for the first time since formal tracking began, with electricity reforms deteriorating even as Eskom itself delivers its most stable performance in years. The fourth quarterly review of the BLSA Reform Tracker,…...
South African inflation surges to 5% - a two-year high
1+ mon, 6+ day ago (334+ words) South African inflation surges to 5% – a two-year high TechCentral Get the best South African technology news and analysis delivered to your e-mail inbox every morning. South African inflation surges to 5% – a two-year high South Africa’s headline consumer inflation accelerated faster than…...
South Africa's newfound economic resilience
1+ mon, 1+ week ago (491+ words) The renewed conflict in the Middle East has once again placed geopolitical risk firmly back on the global agenda and through it all, the resilience shown by the South African economy has been impressive in relation to most economies, with…...
Hisense, Makro team up for winter laundry promotion
2+ mon, 2+ week ago (268+ words) As South Africans prepare for the colder winter months, Hisense South Africa has partnered with Makro to make upgrading home laundry appliances simpler and more convenient through its new “One-Stop Winter Warmth” promotion. Running throughout June 2026, the Makro-exclusive campaign offers…...
Reserve Bank draws a line on inflation
2+ mon, 3+ week ago (289+ words) Reserve Bank governor Lesetja Kganyago said on Tuesday that the bank would bring inflation back to its 3% target, defending last week’s rate hike as necessary to prevent second-round effects from the Middle East oil shock from becoming entrenched. The central…...
Anthropic to brief financial regulators on Mythos AI risk
3+ mon, 1+ week ago (252+ words) AI start-up Anthropic is set to brief the Financial Stability Board (FSB) on cyber vulnerabilities in the global financial system identified by its latest model, Mythos, the Financial Times reported on Monday, citing people familiar with the plan. The Claude…...