Business

Nedbank rolls out AI-powered quick loans to widen credit access

Nedbank has partnered with fintech firm JUMO for a new digital lending solution aimed at expanding access to short-term credit, particularly for consumers who...

TEFLA welcomes High Court ruling against Working on Fire urgent interdict

After being taken to court by the rival company, TEFLA Group emerged victorious when Judge Sulet Potterill of the North Gauteng High Court in...

Adcock hauled to Competition Tribunal for ‘overpricing’ kidney dialysis products

The Competition Commission has referred a complaint against Adcock Ingram Critical Care (AICC) to the Competition Tribunal, alleging excessive pricing of key dialysis products...

Dangote refinery can be global jet fuel supplier, CEO says

Nigeria's 650 000 barrel per day (bpd) Dangote oil refinery has a large surplus of jet fuel and can supply the product all over...

Strong data demand powers Telkom’s profit surge

Telecommunications group Telkom on Tuesday said its full-year headline earnings jumped 30.1% from a year earlier, as data demand fuelled mobile and fibre revenue...

European Union moves to cut reliance on US cloud services

Wary of being vulnerable to the whims of foreign governments, the European Union is preparing far-reaching new moves to ditch American digital companies and...

China-Africa cooperation evolving towards shared industrial prosperity

This year marks the 70th anniversary of the establishment of diplomatic ties between China and Africa. The trajectory of China-Africa cooperation reveals an evolutionary pattern: From...

AECI appoints former Reunert chief Ernest Dickson as group CEO

Industrial and chemicals group African Explosives and Chemical Industries (AECI) has appointed former Reunert Limited chief executive Ernest Dickson as its new group CEO...

Fuel hikes reshape driving behaviour as motorists tighten budgets

More people are driving less and buying less fuel as consecutive price hikes squeeze household budgets amid the Middle East war. This is according to...

Merafe withdraws notice to retrench 3K workers after Nersa grants power...

Merafe Resources has withdrawn its retrenchment notice after a breakthrough on electricity pricing for the ferrochrome industry. Through the Glencore-Merafe Chrome Venture, Merafe Resources sent...