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🔟YOCO ACQUIRES Ai STARTUP
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9⃣ISUZU APPOINTS NEW EXECUTIVES
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8⃣MTN BETS BIG ON SPAZA SHOPS
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7⃣SASOL APPOINTS GROUP CIO
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- Rwanda 🇷🇼 is set to open its first smartphone factory, making it the first in Africa to locally-manufacture phones that will meet the demand of the African market. The announcement was made by Paula Ingabire, Rwanda’s Minister for Information and Communications Technology 👏🏾
- MINIMUM PAY Investec has set minimum pay for its SA employees at R21,000 a month, becoming the latest company in the financial services sector to disclose its minimum pay.
- Don’t sleep on an idea that visits you every day.
- Please support Mamaki who's selling Kikuyo-type green grass at R5 a piece. Her remarkable team is based in Johannesburg where they are more than happy to deliver the grass to you, or ready to welcome you for collection. Please place your orders via WhatsApp +27 76 155 3623.
- SOUTH AFRICA-CHINA TRADE JUMPS The economic relationship between South Africa and China has experienced remarkable growth. 1/ Bilateral trade reached an impressive $52.5-billion (R970-billion) in 2024, making South Africa a key player in China’s African trade strategy,
- R240 MILLION PAYDAY FOR CEO Phuthi Mahanyele-Dabengwa, CEO of Naspers South Africa, has sold R239-million worth of shares in a single transaction. The share options were part of incentive packages granted between 2020 and 2023. The sale, made on 30 July, was reportedly to
- Please support Lindelwe Dube (19), she makes African-inspired jewelry and bags. African material bags: R200 (material availability is not guaranteed) Ndebele bags: R170 She couriers across South Africa for an additional R50. Contact: +27 81 428 8640 Please RT for awareness
- COO SUSPENDED A storm is brewing at Southern African Music Rights Organisation (Samro) as its Chief Operating Officer, Mpho Mofikoe, is suspended after allegedly exposing over R90-million in suspicious spending and fraud. She is said to have uncovered R30-million spent on
- CAPITEC OVERTAKES FIRST RAND Capitec has officially overtaken FirstRand to become South Africa’s most valuable bank, with a market value of R424-billion. Once dismissed as a small microlender, Capitec has transformed into a financial giant, attracting more than 24 million
- ABSA RAISES MINIMUM WAGE Absa Bank has increased its minimum monthly pay to R20,833, making it one of the leaders in fair wages among South African banks. This change, highlighted in its annual report, raises the annual minimum salary to R250,000, reflecting an 8.7% increase.
- SASOL REPORTS R6.8BN PROFIT Sasol has staged a stunning comeback, reporting a R6.8-billion profit in 2025 after a heavy R44.3-billion loss last year. Its shares have soared 39% as investors welcomed the turnaround. CEO Simon Baloyi's (pictured) strategy - boosting output,
- TAX INCREASES NOT THE ANSWER, SARS SARS Commissioner Edward Kieswetter has raised serious concerns about the proposed tax hike, suggesting it may not be the best approach. Instead, he advocates for investing in SARS to help recover an estimated R800-billion in uncollected
- MINIMUM PAY Discovery has raised its minimum pay to R16,600 per month, effective from October. This decision is part of their commitment to fair pay and reducing wage gaps. The CEO, Adrian Gore, reported improvements in diversity, with 45% of senior managers being female and
