Eskom reports R55 billion loss in 2024, projects R10 billion profit for 2025
Eskom reports an after-tax loss of R55 billion for 2024 but somehow still anticipates a R10 billion profit surge in 2025 amid operational improvements.
Bitcoin hits all-time high, surpasses R1.9 million
Bitcoin reached $100K while Ethereum and Dogecoin surge. We explore some of the key crypto trends for 2025 in this breakdown of the market’s latest moves.
Rate cuts and Black Friday spending may bring festive cheer
South African Reserve Bank’s decision to lower interest rates will be a major factor encouraging spending this year.
What Trump’s re-election could mean for South African investors
Trump’s plans to increase tariffs on imported goods may impact South African exports to the US.
South Africa wastes enough food to feed 40 million people
Collaboratives are needed across all sectors to tackle this growing challenge.
Google opens applications for funding programme for black founders in SA
Google has opened applications for its funding programme for Black South African founders, providing equity-free awards, mentorship, and AI-based product support.
SA farmers urged to adopt new tech to address food security challenges
South African farmers are adopting new technologies to address rising food insecurity, balancing increased production with sustainability challenges.
Partnerships must drive growth in SA’s agricultural sector, says Minister Steenhuisen
Steenhuisen said that partnerships are essential to addressing the two biggest challenges facing South Africa: slow economic growth and high unemployment.
SARB Governor highlights urgent need for shift from cash to digital payments in SA
Governor Kganyago highlights the need for South Africa to shift from cash to digital payments, emphasizing modernization, security, and inclusivity at the 2024 Payments Conference.
Government likely to intervene in Eskom’s Proposed 36% tariff hike, says Minister Ramokgopa
SA government may intervene in Eskom’s proposed 36% electricity tariff hike. Minister Ramokgopa announced potential relief at Standard Bank’s Climate Summit