At just 26 years of age, Ru-Kellen Williams manoeuvres massive trucks with precision through tight loading bays every day. Her journey started in Atlantis, and she still calls this Western Cape town home. After school, Williams considered studying mechanical or chemical engineering, before choosing a learnership in logistics. She remembers the day she sat in a truck for the first time. She was 18 years old. “I don’t know what it was, but it felt like love at first sight. From that moment on, I knew I was going to drive a truck one day.” In April 2024, Williams joined…
Author: Staff Writer
Global mobility and delivery platform, InDrive, has announced the appointment of Abhey Lamba as the new chief financial officer. Abhey joins inDrive’s executive team as the company expands its operations and strengthens its footprint across 48 countries. He will lead inDrive’s global finance function, overseeing financial planning and reporting, accounting, tax, and investor relations, while supporting the company’s growth across mobility and its expanding services, including delivery, freight, advertising, and driver financial solutions. Abhey’s extensive experience spans both technology and finance. Most recently, he served as CFO at RingCentral, where he led the global finance organisation through significant AI-driven shifts…
Datacentrix has reinforced its ongoing commitment to local education and skills development through a series of recent corporate social investment (CSI) initiatives supporting schools in Gauteng and KwaZulu-Natal. Supporting learners with special needs In Mabopane, Tshwane West, Datacentrix provided 10 notebooks to Bafeti Special School, an intermediate-phase institution serving learners with special educational needs. The devices will enhance digital learning and provide critical classroom support. The company also contributed materials valued at over R500 000 to the Winnie Madikizela Mandela School in Soweto. The donation includes infrastructure that will be used as salon cubicles for the school’s hair salon training…
According to research conducted by the Bureau of Market Research, an estimated 11.9 million South Africans fall into what Metropolitan defines as the ‘foundation market’ – an underserved market that includes grant recipients who supplement their income through informal work, domestic workers, seasonal earners, and small-scale entrepreneurs navigating the gig economy. Notably, nearly 40% of this group are under the age of 40, a reminder that financial exclusion is not only a generational issue but a present reality for millions of young South Africans. Many cannot sustain traditional fixed monthly premium insurance products. When income is disrupted and payments are…
The ongoing conflict in the Middle East has raised multiple concerns for South African investors. This article addresses some of their most pressing questions. Should investors hedge explicitly against geopolitical risk, or is diversification enough? Hedging geopolitical events explicitly is extremely difficult. First, you need to anticipate what may happen, and these events are notoriously difficult to foresee. Second, you need to judge when the specific event may happen, because carrying hedges for extended periods can be costly and erode returns. Third, you need to assess how the event will transmit to markets, with outcomes frequently differing from initial expectations.…
South Africa’s youth economy is not a future opportunity waiting to emerge; it is already active, trading and creating value. Across communities, young entrepreneurs are building customer bases, generating income, and responding to real demand, often long before their businesses are visible to the formal systems intended to support them. This matters because too many promising businesses remain unsupported at the stage when support can make the greatest difference. The issue is not a lack of effort or ambition. It is that visibility often comes too late, after a business has already been shaped by constraint, or after momentum has…
Carlyle, advised by Alterra Capital Partners, in partnership with Old Mutual Private Equity (OMPE), today announced an agreement to sell TiAuto Investments, the pre-eminent multi-brand retailer and wholesaler of tyres, wheels, batteries and automotive products, which operates through their Tiger Wheel & Tyre and Tyres & More stores, to Japan’s Marubeni Corporation, a large, Tokyo-listed global trading and investment conglomerate. This transaction marks one of Marubeni’s most significant investment into South Africa and is an endorsement of the quality of TiAuto’s management, while also reflecting the strength and international appeal of local enterprises. The exit by Carlyle and OMPE ends…
Artificial intelligence is rapidly reshaping the fraud landscape, and South African banking leaders appear among the most concerned globally. In a new survey of 1,440 fraud management, anti-money laundering (AML), and risk and compliance leaders across 25 countries, including 80 from South Africa, 96% of South African respondents say AI has already increased the sophistication of fraud and scam schemes, while 86% of those surveyed in the country identify AI agents as the industry’s most exploitable vulnerability over the next year. Globally, 80% of institutions reported having already encountered attacks involving agentic AI. The findings form part of BioCatch’s Future of…
Students arrive in higher education with mindsets and habits shaped by the digital platforms they use every day. Netflix, Spotify and Uber have normalised daily life experiences that feel simple, personalised, immediate and intuitive, and this has raised students’ expectations for seamless, user-centric experiences in other areas, an education expert says. “Higher education should not try to become on-demand entertainment. But it can certainly learn from the discipline behind these platforms. Students may not expect learning to be easy. Still, they increasingly expect the academic journey to be clear, connected and well supported,” says Nadia Landman, Head: Academic Quality Management…
The start of June 2026 has seen the Rockefeller announce the public release of its final 60 developer-held units, offering investors the opportunity to acquire apartments from R1.745 million within a fully operational hotel and residential asset that has been successfully trading since 2021. Positioned in the heart of Cape Town’s rapidly evolving Foreshore precinct, The Rockefeller combines strategic location, proven hospitality performance and professional management with the flexibility of hotel-style ownership, creating an investment proposition that is increasingly difficult to find in today’s market. A strategic location at the centre of Cape Town’s growth story The Rockefeller occupies a…