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PIC debacle shines a spotlight on patronage in SA

The prompt appointment of the Deputy Minister for Planning, Monitoring, and Evaluation, Seiso Mohai, as chair of the Public Investment Corporation (PIC) has raised concerns about ongoing patronage at the SOE. This is especially troubling in light of the recent...

Eaton launches Solutions Studio, expands warehousing and logistics

Eaton is strengthening its presence and customer support in South Africa with the opening of its new head office, Solutions Studio and expanded warehousing facilities in Longmeadow, Johannesburg, together with a new logistics partner, DP World. The new Solutions...

Cracking the interoperability code of AfCFTA digital trade era

Somewhere in Africa, a truck waits at a border while a declaration already in the system is retyped. The customs system behind it knows the cargo, the consignee and the duty paid. The system 50 meters away, across the line, does not know of it. What one knows about a...

Binance launches on Huawei AppGallery

Binance has partnered with Huawei to make the Binance app available on Huawei AppGallery in South Africa. Huawei smartphone users can now download the Binance app directly from the Huawei AppGallery, giving local users another way to access the platform on their...

SA’s Saucecode garners global awards

South African company Saucecode has been gathering global awards for its home-grown Roboteur automation platform, which is deployed in enterprises as varied as Nedbank, Johannesburg Stock Exchange and Cine Centre. CIOReview Magazine Europe recently awarded Saucecode...

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Valued at $1,77trn, SpaceX goes public

Elon Musk’s Space Exploration Technologies (SpaceX) will start trading today on the  today (12 June 2026) Nasdaq Global Select Market and Nasdaq Texas. The company has confirmed the pricing of its initial public offering of 555 555 555 shares of its Class A common...

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Novus warns of lower earnings

Novus Holdings has issued a trading statement, alerting shareholders to reduced earnings for the year ended 31 March 2026. The company cautions that earnings per share (EPS) is expected to be between 78.58 cents and 89.66 cents, reflecting a decrease of between 19,1%...

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