Business

Anthropic discloses fake police tip among rogue AI incidents

An artificial intelligence (AI) model developed by Anthropic submitted a false homicide tip through a Philadelphia police website, the AI company recently disclosed. This was...

South African households running on empty

The economy is approaching a critical crossroads as a record fuel-price shock coincides with high interest rates, rising inflation risks, soaring unemployment and weak...

Suspended executive wants Numsa Investment Company liquidated

Trade union investment company NIC Investments, a subsidiary of the Numsa Investment Company (NIC), is facing a liquidation application over an alleged R32.5-million debt...

Cosatu affiliates asked to bankroll more than R5m congress re-run

The financial cost of Cosatu’s factional power play for leadership posts has come back to bite the trade union federation, sending it cap in...

Gautrain set for a major makeover as new operator takes the...

New Gautrain operator Sihamba Sonke Mobility (SSM) has outlined an ambitious programme of upgrades for the country’s flagship rapid rail network, promising new trains,...

Lollipop giant wins round one of a legal battle over colourful...

A legal fight has broken out in South Africa’s sweets industry after the owners of Big Bom accused a rival brand of selling millions...

The tough balancing act of running a business

South African businesses were handed two numbers this week that belong together: R3.33 and 49.0. The first is the increase in the price of...

Reserve Bank boss Lesetja Kganyago in tense exchange with activist over...

South African Reserve Bank Governor Lesetja Kganyago has come under sharp criticism over the country's struggling economy. The exchange, initiated by Kamvelihle Goba, who describes...

Congo miners could save $1bn a year with new power project

Miners in Congo's Copperbelt could save about $1-billion annually by replacing diesel generation with imported electricity under a planned transmission project aimed at easing...

Woolworths clears regulatory hurdle for in2food takeover

Woolworths Holdings has secured all regulatory approvals required for its acquisition of food producer in2food Holdings, paving the way for completion of the deal...