South African cryptocurrency exchanges are facing a looming deadline to comply with new regulations set by the country’s financial watchdog, the Financial Sector Conduct Authority (FSCA).
Author: Staff Writer
From Mars colonization to renewable energy breakthroughs, Musk’s ventures drive transformation and disruption. In a whirlwind of entrepreneurial activity, visionary entrepreneur Elon Musk has continued to push the boundaries of innovation in 2023. With his diverse portfolio of companies, including SpaceX, Tesla, Neuralink, and The Boring Company, Musk has made significant business moves that are reshaping industries and captivating the business world. Let’s explore 10 of his most notable innovations and how they are affecting various sectors. Elon Musk’s relentless pursuit of innovation and his ability to disrupt traditional industries have not only propelled his companies to great heights…
Eskom, South Africa’s state-owned power utility, is nearing the end of daily power cuts, according to the Deputy Public Enterprises Minister, Phumulo Ramokgopa.
Momentum Investments, a South African investment management company, has promoted Mike Adsetts to the role of Chief Investment Officer (CIO).
New car sales in South Africa increased by 15.5% year-on-year in June, with 38,337 units sold.
Gerald van Wyk, the CEO of Santam Client Solutions, will become the new CEO of AfroCentric Group, a black-owned investment holding company with interests in healthcare.
Canal+ increased its stake in MultiChoice from 30.3% to 31.7%
Investec CEO Fani Titi’s total remuneration increased 73% to £7.501m (R179.8m) in the 2023 financial year.
De Beers and Botswana have reached an agreement in principle to keep selling rough diamonds from Botswana for another decade.
The European Union’s AI Act, which could be in place in the next two to three years, will be the first attempt by a Western government to regulate artificial intelligence.