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News
Lesaka’s plan to improve performance in merchant business
2+ hour, 37+ min ago (495+ words) Lesaka Technologies’ plan to improve performance in its merchant business relies on a similar playbook used for the consumer division. The company until recently consisted of two divisions: a merchant unit and a consumer segment. The consumer unit focuses on…...
OpenAI’s Altman calls AI extinction risk ‘unacceptable’
1+ hour, 39+ min ago (500+ words) OpenAI will not go public in 2026, CEO Sam Altman said in remarks published on Saturday, citing safety concerns over artificial intelligence that render “unacceptable” even a 10% risk that AI could cause human extinction by decade’s end. The comments come as…...
WATCH | Measuring the health of SA’s manufacturing sector
2+ hour, 24+ min ago (142+ words) Business Day WATCH | Measuring the health of SA’s manufacturing sector Business Day TV speaks to Philippa Rodseth, executive director at the Manufacturing Circle South Africa’s manufacturing output increased 1.1% year on year in July, but the sector continues to face a…...
Smart-energy company founders detail investment plan for R260m war chest
3+ hour, 4+ min ago (687+ words) Local energy technology start-up Plentify, which had earmarked part of its nearly R260m war chest to expand internationally, says South Africa remains a key area of growth. Plentify is a smart-energy company operating in South Africa and the US that specialises…...
Affordable Changan Star business workhorses launched in SA
2+ hour, 30+ min ago (351+ words) Jameel Motors South Africa, the importer of Changan, has launched a budget-priced range of light commercials. Available in five body styles, including bakkie dropside, van, and boxy body variants, the Star range is priced between R189,000 and R219,000, positioning it as among…...
DAVID WOLPERT | The chicken import South Africa cannot do without
2+ hour, 20+ min ago (1026+ words) South Africa imported almost 240,000 tonnes of mechanically deboned chicken meat (MDM) in 2024. More than 90% came from Brazil. At first sight those figures might appear to strengthen the argument that South Africa is far too dependent on imported poultry and should be…...
Pikitup chair blames Joburg’s finance system for trash crisis
8+ hour, 18+ min ago (140+ words) businessday.co.za Pikitup chair blames Joburg’s finance system for trash crisis Maxwell Nedzamba says city’s cash flow woes pit essential services against each other for funding Story audio is generated using AI Pikitup chair Maxwell Nedzamba says the Johannesburg…...
Lesaka targets three-million customers by 2029
7+ hour, 56+ min ago (135+ words) businessday.co.za Lesaka targets three-million customers by 2029 The fintech group looks to accelerate growth through acquisition of Bank Zero Story audio is generated using AI Fintech group Lesaka Technologies is targeting three-million consumer customers by 2029 as it looks to…...
ARTHUR GOLDSTUCK | Acer gives Packard Bell another life
15+ hour, 35+ min ago (733+ words) How do you turn a 100-year-old brand into a start-up? Many venerable institutions that have survived that long would love an answer. Computer maker Acer’s strategy is to revive a forgotten range called Packard Bell and give it a small…...
PODCAST | FNB referral arrangement set to fuel growth in Sourcefin’s SME funding business
2+ day, 12+ hour ago (647+ words) Fintech platform Sourcefin aims to capitalise on its new referral arrangement with FNB to grow its specialist small and medium-sized enterprise (SME) funding business in South Africa, enabling more small businesses to turn growth opportunities into orders delivered. Founded in…...