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South African Business News

Practical updates for small businesses, companies, markets, technology, jobs, entrepreneurship and the wider economy.

Latest business articles

Showing latest business articles - page 14

How Modernising RICA Benefits South African Telecoms and Consumers

TechCentral · 2026/05/21

Modernising RICA (the Regulation of Interception of Communications and Provision of Communication-Related Information Act) can bring big benefits for South African telecom operators, consumers, and sm…

Updating South Africa’s RICA process to be more digital and user-friendly could greatly improve security for consumers and create competitive advantages for telecom companies. For small businesses and everyday mobile users, this means faster, safer SIM registration and less hassle.

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How AI is Changing Cape Town's Property Market

TechCentral · 2026/05/21

A new AI-powered tool called FindHomes is transforming how Cape Town residents and investors make property decisions by using real data and forecasts instead of gut feelings.

Using AI tools to access clear property data can help you make smarter, more confident decisions when buying or investing. Remember to combine AI insights with personal research and local advice.

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Mythos Hacking Threat: What South Africans Need to Know

TechCentral · 2026/05/20

Mythos hacking threat is less severe than initially feared, but vigilance remains essential for South African businesses and consumers.

Stay informed but calm: the Mythos hacking threat isn't as severe as first thought. South Africans should keep strengthening cybersecurity habits and protect personal and business data without panic.

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Eskom Plans 5.2GW Nuclear Build Within a Year

TechCentral · 2026/05/20

Eskom is preparing to launch a large nuclear power project and is talking to the World Bank about funding. This plan could help stabilize South Africa’s energy supply but comes with challenges for con…

Eskom’s plan to add more nuclear power aims to improve electricity reliability and support economic growth in South Africa. While it offers hope for fewer power cuts, South Africans should be aware that building nuclear plants takes time and money—possibly affecting electricity prices. The success of this plan depends on careful funding, safety, and public trust.

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Best Payment Processors in Africa: What SA Businesses Should Know

TechCentral · 2026/05/20

Explore how Africa's diverse payment landscape impacts South African businesses and consumers, with tips on choosing the right payment provider.

Choosing the right payment processor in Africa requires understanding local regulations, fees, and consumer needs. Small businesses and consumers should prioritize security and reliability while exploring cost-effective options that can support cross-border trade.

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Why South Africa Needs a National AI Policy for Schools Now

TechCentral · 2026/05/20

South Africa lacks a unified approach to AI education in schools, leading to unequal access and missed opportunities. A national AI policy can help prepare learners for future jobs and support small b…

A national AI policy for schools is essential to give every South African learner a fair shot at the future job market. It helps teachers teach better, businesses innovate smarter, and consumers benefit from AI responsibly. It’s time we invest in AI education to keep up with the changing world.

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South African Internet Attacks: What You Need to Know

TechCentral · 2026/05/20

Recent cyberattacks on South African hosting companies raise concerns about online security, affecting internet services, small businesses, and jobs.

South Africans should stay informed about internet security risks and take practical steps like using strong passwords and backing up data. Small businesses must prioritise cybersecurity to protect their livelihoods. Together, greater awareness and stronger infrastructure can help safeguard our digital future.

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Eskom Threatens Power Cuts in Johannesburg Over Debt Issues

TechCentral · 2026/05/20

Eskom warns it might cut power supply to some areas in Johannesburg due to City Power's huge unpaid debt, raising concerns about electricity reliability and economic impact in South Africa.

Eskom's warning to cut power due to City Power's massive debt highlights the importance of paying your electricity bills on time. For small businesses and households, staying informed about local power issues and exploring affordable backup options like solar could save money and stress during outages.

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SA Web Hosts Targeted by Monero Extortion Emails

TechCentral · 2026/05/20

South African web hosting companies are being targeted with extortion emails demanding payment in cryptocurrency Monero. This impacts the local digital economy and raises awareness about cybersecurity…

Cyber extortion targeting South African web hosts is a reminder that cybersecurity matters for everyone. Strengthen your passwords, keep your software updated, and choose hosting providers with strong security. Small expenses now can save major costs later.

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Trump's Iran Warning: What It Means for South Africans

Moneyweb · 2026/05/19

Former US President Donald Trump has warned Iran about severe consequences if it does not come to a nuclear deal soon. This development impacts global markets and could influence South Africa’s econom…

Geopolitical events, even far from home, can affect your budget through rising prices and job market uncertainty. It’s wise to plan for increased living costs and keep an eye on global news that impacts South Africa’s economy.

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US Proposes Changes to Bank Ratings: What South Africans Should Know

Moneyweb · 2026/05/19

The US banking sector may soon see a shift in how banks are rated, focusing more on financial health and risk. This could affect global markets and South African small businesses and consumers.

Understanding how bank ratings work, even abroad, helps South Africans see the bigger picture of global finance. Transparent, fair banking systems support economic stability — essential for consumers and small businesses alike.

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US 30-Year Bond Yield Hits Highest Since 2007: What It Means for SA

Moneyweb · 2026/05/19

Rising US bond yields signal global economic shifts. South Africans should understand these changes for personal finances, business planning, and job security.

Keep an eye on interest rates and inflation trends, both global and local. Review your debt and budget to stay prepared if borrowing costs rise.

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StanChart Plans 8,000 Job Cuts Amid AI Shift

Moneyweb · 2026/05/19

StanChart reveals plans to cut 8,000 jobs globally as part of a move to increase the use of artificial intelligence in banking, sparking concerns for job security in South Africa and beyond.

As banks like StanChart start adopting AI and cutting jobs, South Africans should focus on developing digital skills and staying adaptable. AI can improve banking services and reduce costs, but it’s important to advocate for fair labour practices and accessible finance for all.

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Meta Shifts 7,000 Workers to AI Roles Ahead of Job Cuts

Moneyweb · 2026/05/19

Meta is restructuring to focus on artificial intelligence, moving 7,000 workers into AI roles and reducing overall team sizes. This shift highlights a broader tech trend impacting jobs worldwide, incl…

Meta's shift highlights the importance of AI skills in the future job market. South Africans should consider learning about AI and digital tools to stay competitive and seize new opportunities.

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Fortress Takes Control of Balfour Mall, Aiming to Revive Retail Hub

Moneyweb · 2026/05/19

Fortress, a prominent retail property owner, has acquired a controlling stake in Balfour Mall. The plan includes upgrading infrastructure, attracting new tenants, and investing in the local community …

The takeover and planned improvements at Balfour Mall show that investing in community-focused retail spaces can create real economic opportunities. If you’re a small business owner, now might be a good time to explore potential spaces in malls like Balfour. For consumers, supporting local shops can help neighbourhoods flourish.

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Elon Musk Loses Lawsuit Against OpenAI: What It Means for SA

TechCentral · 2026/05/18

Elon Musk's legal battle with OpenAI is over, with a quick jury decision against him. This case highlights important issues about AI technology, innovation, and its impact on businesses and consumers …

Understanding the legal battles behind AI giants helps South Africans prepare for how AI affects our economy, jobs, and daily lives. Stay informed, value responsible innovation, and consider how AI can serve your business or career growth.

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Cape Town Data Centre Faces Water and Power Impact Challenge

TechCentral · 2026/05/18

A 160MW data centre planned for Cape Town faces activist opposition over concerns about its impact on local water and electricity resources.

As South Africa grows its digital economy, it’s important to demand transparency and responsible planning for big projects like data centres. Balancing job creation with resource sustainability helps protect your household budget and local business environment from unexpected costs.

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GoTyme App Migration: What It Means for South African Customers

TechCentral · 2026/05/18

GoTyme, formerly TymeBank, is transitioning customers to a new app under its rebrand. This could disrupt user experience and lead to customer loss, affecting consumers and small business banking.

If you bank with GoTyme or TymeBank, prepare now to switch to the new app to avoid service interruptions. Keep your details handy, explore the new app early, and watch out for any changes in fees or services. Consider this a good reminder that digital banks, while convenient and affordable, require active customer participation during upgrades. Stay informed and don’t hesitate to reach out to customer support if you hit snags.

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Charge’s R1.8bn Plan for Off-Grid EV Charging in SA

TechCentral · 2026/05/18

Charge is investing R1.8 billion to build solar-powered off-grid EV charging stations every 150km along South African highways to address range anxiety and boost electric vehicle adoption.

Investing in off-grid EV charging infrastructure is a key step toward making electric vehicles more practical and affordable for South Africans. It not only addresses power reliability issues but also creates new job opportunities. Small businesses and consumers should watch this space as it could soon become easier and cheaper to switch to electric transport.

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WeBuyCars to Sell AI Car Inspection Tech to Rivals

TechCentral · 2026/05/18

WeBuyCars plans to expand the reach of its AI inspection platform, Inspectify, by offering it to other used car sellers, potentially transforming vehicle inspections across South Africa.

Using AI technology like WeBuyCars' Inspectify could make buying used cars in South Africa safer and clearer. Small sellers can boost trust and buyers can shop with less worry about hidden problems. Keep an eye on how this tech develops and think about how new skills could help in automotive jobs.

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