Bitcoin rallies on US government shutdown

Bitcoin will continue its upward price momentum as the US government shutdown grinds on. This is the prediction of Nigel Green, chief executive of deVere Group, who points out that the cryptocurrency pushed higher as the US Congress failed to secure a deal on funding,...

Ombud opens eFiling profile hacking report for public comment

To curtail ongoing eFiling profile hacking, the Office of the Tax Ombud (OTO) recommends that all stakeholders adopt enhanced security practices. The OTO yesterday (1 October 2025) published the Draft Report into alleged eFiling Profile Hijacking for public...

Musk becomes first half-trillionaire

Elon Musk set a new wealth record when he became the first person with a net worth of half-a-trillion dollars. The achievement was short-lived, but for a few hours on Wednesday Musk was worth an incredible $500,1-billion. This dropped to $499-billion later in the...

Cybercrime costs telecommunications billions

South Africa’s telecommunications sector is staring down a cybercrime storm that is costing billions of rand every year. As October marks Cybersecurity Awareness Month, the Communications Risk Information Centre (COMRiC) has issued a sharp warning: fraudsters are...

Slight uptick for Purchasing Managers’ Index

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased by 2.7 points to 52.2 points in September 2025 and returned to expansionary territory for the second time in 2025. Encouragingly, the average PMI for 2025Q3 rose to 50.8 points compared to 45.4...