Banxso bust-up: ‘Created to exploit South Africans’

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SUB: A round-up of today’s news as the Financial Intelligence Centre puts the breaks on Banxso. And how mapping gun crimes could help make SA a safer place.

17 Oct 2024 6AM English South Africa Business News · Politics

[TOP STORY] How Amazon gained the upper hand over Starlink in SA

‘It's going to be accessible to consumers through Herotel, which will sell its satellite broadband to households and small businesses,’ says Arthur Goldstuck, CEO of World Wide Worx.

24 Jul 7AM 7 min

SA ad boss resigns over sexist remarks at global ad festival

The satellite showdown Elon Musk didn’t see coming. How Amazon beat Starlink to SA. When residents succeed where government failed, a community brings Happy Valley back to life. And why brands are betting big on micro-dramas.

24 Jul 6AM 32 min

[TOP STORY] Cape Town port tender raises exporter concerns

‘Our concern about this is why do they want to concession something out that has already been concessioned,’ says Terry Gale, chair of Exporters Western Cape.

23 Jul 8AM 8 min

Pork market swings from crisis to surplus

Exporters seek clarity on Cape Town port shake-up. Leadership chaos and a regulator probe rock the PIC. And is your wellness routine backed by science, or TikTok? The truth about biohacking, peptides and NAD+.

23 Jul 6AM 33 min

[TOP STORY] Union warns Eskom Green is privatisation by another name

‘Corporate monopolies that are dominating key sectors of the economy are subsidised by the state. Their costs are socialised while their profits are privatised,’ says Giwusa president Mametlwe Sebei.

22 Jul 8AM 8 min