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Sonos Announces Second Round of Layoffs Amid Organizational Challenges
Sonos has announced another round of layoffs, cutting approximately 200 jobs, according to a letter posted on the company’s website on Wednesday. This follows a previous workforce reduction in August, which saw 100 employees let go. The restructuring efforts come in the wake of a widely criticized update to the Sonos app that alienated many
China Retaliates with New Tariffs on U.S. Imports Amid Escalating Trade Tensions
In a move that escalates ongoing trade tensions, China announced on Tuesday that it will impose new tariffs on U.S. imports in response to Washington’s recent tariff hikes. The retaliatory measures include a 15% tariff on coal and liquefied natural gas, along with a 10% tariff on crude oil, agricultural machinery, large vehicles, and pickup
Pick n Pay Reports Mixed Performance as Boxer Drives Growth
Pick n Pay has reported mixed results for its 2025 financial year, with overall sales growth driven primarily by its discount retail arm, Boxer. However, excluding Boxer’s strong performance, Pick n Pay’s core supermarket business faced challenges, including a net closure of 32 stores. In a trading update for the 45 weeks ended 5 January
Qualcomm Opens Applications for ‘Make in Africa’ Startup Mentorship Program
Qualcomm has launched the latest edition of its ‘Make in Africa’ Startup Mentorship Program, inviting early-stage African startups to apply. This initiative is designed to support ventures that harness advanced connectivity and processing technologies, fostering innovation across the continent. As part of Qualcomm’s African Innovation Platform, the equity-free program provides selected startups with invaluable resources,
Opinion: Trade Trouble Threats and Tensions – US, South African Relations are Torn
There has been a long, if not always productive relationship between the Global and the African leading nations. However recent developments may result in a difficult path forward, and finding a constructive way for relations between the two nations of continental influence to be rebuilt is becoming increasingly a bleak ask. There have been
Breaking News today – Thursday 6 February 2025
Business & Tech News G20 Snub from the US: In what appears to be a sign of the weakening relationship between Washington and Pretoria, the US State department has announced that U.S. Secretary of State Marco Rubio will not be attending the upcoming G20 meeting in South Africa. the top U.S. diplomat confirmed this in
Henkel South Africa Unveils 100% Sustainable Alrode Plant with Solar Farm Installation
Henkel South Africa has taken a significant step towards a greener future with the official launch of its solar farm at the Alrode manufacturing plant. This groundbreaking initiative ensures that 100% of the plant’s electricity needs during daytime operations are met through renewable energy sources, reinforcing Henkel’s commitment to sustainability. The newly installed solar farm
Figure AI Parts Ways with OpenAI to Pursue In-House AI Innovation
In a surprising move, Figure AI, a robotics company developing general-purpose humanoid robots, announced on Tuesday via X that it is terminating its partnership with OpenAI. Instead, the Bay Area-based firm will pivot towards developing its own artificial intelligence, citing a "major breakthrough" in its research. While details remain scarce, Figure AI founder and CEO
Touchsides Rebrands as Kazang Insights, Unlocking New Data Monetisation Opportunities
Leading data analytics, insights, and merchant services company, Touchsides, has rebranded as Kazang Insights and is now integrated into Kazang—the prepaid value-added services (VAS) and card acquiring division of JSE-listed fintech, Lesaka Technologies. This strategic move strengthens Kazang’s ability to monetise data and drive market innovation, reinforcing its position as a leader in South Africa’s
The Future of African Manufacturing: How ERP Solutions Are Driving Transformation in 2025
As Africa's manufacturing sector enters a new era, technological advancements, economic growth, and a heightened focus on sustainability are shaping the industry's future. To navigate this evolving landscape, businesses are increasingly turning to innovative Enterprise Resource Planning (ERP) solutions. Here are five key trends revolutionizing African manufacturing and the critical role ERP systems play in
MTN Donates R300 000 to Gift of the Givers to Aid Western Cape Fire Victims
In response to the recent fire disasters in the Western Cape that has affected four major informal settlements in the space of four days, the MTN SA Foundation has donated a total of R300,000 to Gift of the Givers to bring a sense of relief to the over 2,000 people who have been affected by these disasters. This
Breaking News today – Wednesday 5 February 2025
Business & Tech News Harmony Hit By Two Mining Tragedies in a Day Harmony Gold Mining Company Limited has released a statement regarding the tragic double incidents yesterday that resulted in loss of life. The two unrelated incidents happened yesterday morning, at the Doornkop Mine, in Soweto and at the Joel Mine in the Free
Now This is Something Truly Lekker
A Simple idea of the power of the best export from South Africa, that is South African’s themselves, and creating a well-connected network of Saffa’s (South Africans) across the globe, who would be committed to help build the country and support other businesses, was the foundation stone of the Lekker Network (Lekker in Afrikaans means
Africarare metaverse rebrands as UBU
As 2025 dawns, Africarare is proud to announce a transformative evolution. Africa’s first metaverse is now UBU, a name inspired by the Ubuntu ethos of community and interconnectedness. This rebrand marks a bold new chapter in the potential for Web3 to connect Africa with the global digital economy through cutting-edge innovation. Over the past 15 months,
Red Hat Expands Global Partner Program with New Enhancements
The technology industry has seen a surge of innovation over the past year, with advancements in artificial intelligence (AI) and shifts in virtualization creating new opportunities. Red Hat and its partners have been at the forefront of these changes, driving progress and preparing for the future. In 2024, Red Hat took a significant step forward
DFA Invests Over R800 Million to Strengthen and Future-Proof National Fibre Network
DFA has committed more than R800 million to upgrading and future-proofing its national fibre network, reinforcing its status as a leading wholesale open-access connectivity provider in South Africa. This strategic investment aims to meet the growing demand for reliable, high-speed internet across the country. As part of the MAZIV group, DFA's extensive national network plays
AI's Role in Shaping the Future of Work
In an exclusive event held alongside the World Economic Forum (WEF) Annual Meeting in Davos, Whiteshield launched the 9th edition of the Global Labour Resilience Index (GLRI) in collaboration with Google Cloud. Developed in partnership with the Community of European Management Schools (CEMS), the report draws on a decade of data and over 70 indicators
Menlyn Park Shopping Centre Sets the Shopping Standard in 2024 with 8-Gold Awards
Menlyn Park Shopping Centre has redefined what it means to be a shopping destination, celebrating a remarkable eight Gold Footprint Awards at the prestigious South African Council of Shopping Centre awards ceremony. These awards, spanning categories such as Advertising, Digital Marketing, Public Relations, Visual Merchandising, Retailer Productivity, and Sales Promotions, spotlight Menlyn as a leader in creating meaningful experiences
Breaking News today – Tuesday 4 February 2025
Business & Tech News Oil Prices Plunge: Brent Crude Prices dropped by -1,02% while WTI crude oil futures fell 1,65% to below $72 per barrel in trade this morning following China’s announcement that it would introduce tariffs on a range of U.S. imports to China. This was in response to the 10% tariff President Donald
Cybercriminals Exploit Fake Wedding Invitations to Target Android Users
A newly discovered cyber threat is preying on unsuspecting Android users through a deceptive scheme involving fake wedding invitations. Kaspersky’s Global Research and Analysis Team (GReAT) has identified a malicious campaign that employs social engineering tactics to trick victims into downloading malware disguised as an invitation. Dubbed "Tria Stealer," this malicious application grants attackers extensive