Electronic payments company Net1 UEPS Technologies has launched a court challenge of a government decision to limit direct deductions from social grants. Net1 division Cash Paymaster Services won a R10bn grants tender
S&P Global Ratings on Friday affirmed South Africa’s long- and short-term foreign and local currency bond ratings at BBB-/A-3 and BBB+/A-2 respectively. The foreign currency bond rating remains one notch above sub-investment
On TalkCentral this week, your hosts Duncan McLeod and Regardt van der Berg chat about the court judgment against Faith Muthambi over set-top boxes. Also this week, there’s a fire at Icasa’s offices, thieves are
During a particularly harsh winter, a group of hacktivists spreads panic by bringing down the US power grid. Millions of homes and businesses are plunged into darkness, communications are cut, banks go offline, hospitals close and air traffic is grounded
Young and older people display different behaviours that make them targets for cyber criminals who are intent on stealing money from their bank accounts, says an expert. While banks have increased security for online platforms, cyber
Operating conditions at South African private sector businesses improved for the first time in a year during May, mainly driven by a return to new order growth and renewed job creation. However, output continued to decline and companies
Airports Company South Africa spokeswoman Deidre Davids confirmed on Friday that an attempt to block access to Cape Town International Airport had taken place earlier during a reported clash between meter taxi drivers and
Roads agency Sanral spent R177m of taxpayer money on advertising in the 2015/2016 financial year, transport minister Dipuo Peters disclosed in response to a parliamentary question by Thembekile Majola of the Democratic Alliance. Sanral is currently appealing
Eskom took credit for accelerating the number of households connected to the electricity supply, after Statistics South Africa revealed on Thursday that levels increased “consistently from 77,1% in 2002 to 85,5% in 2015”. This came as Stats
South African employment start-up Giraffe launched operations in Cape Town and Durban on Thursday following its initial Gauteng launch. Since launch, the mobile platform