AI had doomed SaaS pricing before February’s crash

AI has already split the SaaS market in two, and six years of pricing data from 65 major tools shows exactly where the line is. Tools teams can now replicate internally have stalled or dropped in price since 2020. Categories they cannot replicate have raised prices...

Standard Bank chief says SA can hit 4% growth

South Africa could lift its medium-term growth rate to between 3% to 4% if the state sustains the faster execution of structural reforms now underway, Standard Bank’s CEO told delegates at Semafor World Economy in Washington, arguing that the biggest remaining...

Fuel shocks, crime and digital risks converge as ME tensions rise

The Communications Risk Information Centre (COMRiC) is warning that the war in the Middle East is fast becoming a South African communications risk and not just an energy crisis. As conflict keeps pressure on the Strait of Hormuz, one of the world’s most important oil...

Municipal engineers raise red flags in local government white paper

The Institute of Municipal Engineering of Southern Africa (IMESA) has raised concerns that despite the latest rounds of consultation and some revisions, the draft White Paper on Local Government has critical gaps. Unless addressed, IMESA warns that the flawed document...

ClearScore makes Cape Town its second global tech hub

UK fintech ClearScore Group is expanding its Cape Town operations and has named the city its second major tech hub outside of London. The move marks a new chapter for the company in South Africa and reinforces the Western Cape’s growing reputation as a destination for...

Free SA cautions against overregulating AI

Free SA has made an initial submission to Parliament opposing elements of South Africa’s Draft National AI Policy that risk burdening innovation with excessive bureaucracy, compliance costs and expanded state control. While the draft policy correctly recognises the...