Sowetan Live – Business News

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SowetanLIVE, published by Tiso Blackstar Group in Johannesburg, is the website of the Sowetan, the English-language South African daily newspaper that started in 1981 as a liberation struggle publication and which serves a proudly South African readership who have earned the right to be in the know and on the move.

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Entrepreneur Gontse Selaocoe wants to see his jam hit retail stores and feature on breakfast menus in restaurants and coffee shops.
Posted: May 26, 2023, 6:04 am
Mureza is a black-owned African car manufacturer. Owned and co-founded by Tatenda Mungofa, Pheladi Chiloane and Thulisa Sosibo, we first reported on the brand in September 2019 as it was about to unveil its first model — a hatchback called the Prim8 (pronounced Primate) — a name the company might want to rethink.
Posted: May 25, 2023, 8:28 am
Africa's economic growth is set to edge upwards in 2023 and 2024 amid tighter global monetary policy and the fallout from Russia's invasion of Ukraine, but South Africa's will plummet, the African Development Bank (AfDB) said.
Posted: May 25, 2023, 7:13 am
No one wants to see money deducted from their bank account. We're all just happy with having more.
Posted: May 24, 2023, 5:56 am
Winnie Lamani's flame-grilled chicken with a special basting sauce keeps customers coming back for more so much so that the Orange Farm-born entrepreneur's business is now expanding from a restaurant to an express supermarket.
Posted: May 24, 2023, 5:25 am
Senders will be able to modify their messages within 15 minutes of hitting send.
Posted: May 23, 2023, 7:09 am
The fine imposed by Ireland's Data Protection Commissioner (DPC) concerned Meta's continued transferring of personal data topped the previous €746m record EU privacy fine by Luxembourg on Inc in 2021, according to a DPC statement.
Posted: May 22, 2023, 12:46 pm
SPONSORED | Wits Plus offers the Chartered Governance Institute of Southern Africa programme through convenient stand-alone short courses
Posted: May 22, 2023, 8:50 am
*Linda thought she had scored a bargain when she got a 30% discount on a R20,000 white king size bedroom set for her new home.  She had just moved into her new house in Sebokeng, Vaal, in July 2022 when she came across Milo Designs on social media network Facebook.  The page had a range of luxury furniture that came at a discount.
Posted: May 22, 2023, 6:05 am
From May 25, eThekwini will no longer have reduced levels of loadshedding as the municipality introduces a new and revised power cut schedule.
Posted: May 18, 2023, 7:17 am
Efforts to re-establish the iconic KwaZulu-Natal Children's Hospital has received a major boost with the completion of another phase of renovations.
Posted: May 18, 2023, 7:14 am
Three suspected illegal miners found with 45 power generators, 38 jack hammers, nine shovels, three spades, a pick and a hammer will appear in a Limpopo court on Thursday.
Posted: May 18, 2023, 7:13 am
SPONSORED | Highlights from the Professional Provident Society's 2022 financial results
Posted: May 18, 2023, 6:28 am
The multibillion-rand River Club development in Cape Town is a step closer to finality after a ruling by the Supreme Court of Appeal.
Posted: May 17, 2023, 2:43 pm
Consumers have told the NCC that they paid between R10,000 and R1.2m per transaction to Durban-based Milo Designs after responding to furniture adverts - mainly bedroom suites - posted on Facebook and Instagram.
Posted: May 17, 2023, 11:00 am
New Vodafone boss Margherita Della Valle said she would cut 11,000 jobs globally over three years to help the telecoms group regain its competitive edge after it warned a poor performance in its biggest market Germany would hit cash flow.
Posted: May 17, 2023, 8:07 am
The National Consumer Commission has warned consumers to "exercise caution" when dealing with a company "masquerading" as an online shop that designs and sells furniture.
Posted: May 17, 2023, 7:45 am
Mineral resources and energy minister Gwede Mantashe has slammed environmental NGOs, accusing them of blocking development in South Africa.
Posted: May 17, 2023, 7:39 am
Mineral resources and energy minister Gwede Mantashe says the mining industry remains a strong pillar of South Africa's economy.
Posted: May 17, 2023, 7:27 am
There are about 810,000 active stokvel groups in SA, which consist of more than 11-million members, according to the National Stokvel Association of South Africa (Nasasa).
Posted: May 17, 2023, 6:27 am
Established in 2011 by Etwatwa Tavern owner Elvis Mohale “Ticky” Kgatle, the stokvel based in Tzaneen, Limpopo, has several legs – a meat club, burial society and they strive to tackle gender-based violence (GBV) head-on.
Posted: May 17, 2023, 6:24 am
SPONSORED | It's the second consecutive year the bank has taken pole position in the banking category of the annual Brand Finance SA 100 ranking
Posted: May 16, 2023, 6:41 am
With reported scam incidents increasing by 46% in the first four months of this year compared to 2021, consumers can now secure their identities and report potential scams on a soon-to-be launched portal.
Posted: May 15, 2023, 5:36 am
Elon Musk said on Thursday he has found a new CEO for Twitter, but did not name the person, while the Wall Street Journal reported Comcast NBCUniversal executive Linda Yaccarino was in talks for the job.
Posted: May 12, 2023, 8:15 am
Musawenkosi Xulu found out last week that his images and his ID had been circulated on social media after a woman from Vosloorus, on the East Rand, was scammed when she sold a stove on Facebook Marketplace.
Posted: May 8, 2023, 6:36 am
All it took to convince her that the buyer  was legitimate was an SMS “confirming” payment details and the buyer's photo and ID. The photos have since turned  out to have been stolen.
Posted: May 8, 2023, 6:23 am
SPONSORED | The deadline to submit names of people to be considered for appointments is May 19 2023
Posted: May 5, 2023, 6:42 am
The investment gives Gold Fields an entry point into the Canadian mining sector, which it has coveted for years.
Posted: May 2, 2023, 4:41 pm
Platinum prices have shot up as speculators bet that power outages at South African mines and rising demand from auto makers and the hydrogen industry will create supply shortages.
Posted: May 2, 2023, 2:17 pm
We highlight six projects working for change, and examine how meaningful corporate CSI partnerships can have a significant impact on children's education and development
Posted: May 1, 2023, 7:00 am