Business

ESKOM AND KEPCO KPS ENTER INTO AN AGREEMENT TO COLLABORATE ON RESEARCH AND ENSURE CONTINUOUS BUSINESS IMPROVEMENT

Collen Hans11 months ago11 months ago06 mins

Eskom has signed a Memorandum of Understanding (MoU) with Korea Plant Service & Engineering Co., Ltd. (KEPCO KPS) to establish a strategic partnership focused on non-commercial research, technical consulting, and innovation. This agreement sets out a framework for collaboration aimed at enhancing Eskom’s operational performance and supporting its long-term sustainability objectives. Under the MoU signed…

YOUR SMARTPHONE IS NOW YOUR AI-POWERED WORK ALLY-IF YOU USE IT RIGHT

Collen Hans11 months ago09 mins

Ernst Wittmann Wherever your team works, remote, hybrid, or on-site, one thing’s certain: they’re never far from their phones. It’s one of the constants of modern work life. But for forward-thinking organisations, the personal smartphone is no longer just a communication tool, it’s becoming a gateway to smarter productivity through generative AI (GenAI). The rise…

R1.5 BILLION FOR GAUTENG’S DIGITAL FUTURE

Collen Hans11 months ago11 months ago05 mins

Gauteng’s MEC for e-Government, Bonginkosi Dhlamini, has accepted the province’s budget allocation for the 2025/2026 financial year, despite acknowledging that it may not fully address all the challenges in his department posed by the current economic climate. The Gauteng Department of e-Government has been allocated R1.5 billion, with a total of R4.8 billion set aside…

SOUTH AFRICA FACES ECONOMIC STRAIN AS 482 BUSINESSES CLOSE IN FOUR MONTHS.

Collen Hans11 months ago11 months ago05 mins

South Africa recorded 109 business liquidations in April 2025, bringing the total number of closures this year to 482 during the first four months in 2025, according to Statistics South Africa (Stats SA). ・South Africa experienced 109 business liquidations in April 2025, totaling 482 closures during the year’s first four months. ・Voluntary liquidations in South…

STANDARD BANK AND GIBS ADDRESS RISING YOUTH UNEMPLOYMENT WITH THE YOUTH FORWARD PROGRAMME 2025

Collen Hans11 months ago05 mins

As South Africa prepares to mark Youth Month this June, a time to honour the courage and contributions of the 1976 generation, Standard Bank Business and Commercial Banking, in partnership with the GIBS Entrepreneurship Development Academy (EDA), has opened applications for the 2025 Youth Forward Programme. The initiative is designed to empower 50 black youth-owned…

‘I’VE GOT YOU’: WHY SOUTH AFRICAN YOUTH PRIORITISE FUNERAL COVER

Collen Hans11 months ago11 months ago05 mins

When many young South Africans enter the job market, they do so with more than their own dreams in tow. Their families have often made significant sacrifices to get them there, with the unspoken expectation that, once employed, they’ll help uplift the household financially. For these young professionals, supporting family isn’t a burden, it’s a…

FNB ENHANCES SOLUTIONS AND REWARDS TO PROVIDE MEANINGFUL VALUE FOR CUSTOMERS IN THE FACE OF ECONOMIC PRESSURE.

Collen Hans11 months ago11 months ago015 mins

Reduced rates on real-time payments for customers As part of its annual review, FNB has announced several changes to its account structures and value propositions, reinforcing its commitment to affordability, transparent pricing, and meaningful rewards designed to address the economic challenges faced by its customers. These changes, effective 1 July 2025, reflect the bank’s focus…

GAUTENG GOVERNMENT AND AIDC EMPOWER YOUTH THROUGH AUTOMOTIVE SECTOR OPPORTUNITIES

Collen Hans11 months ago11 months ago05 mins

The Gauteng Department of Economic Development, in collaboration with the Automotive Industry Development Centre (AIDC), hosted a successful Youth Stakeholder Engagement on Friday, 30 May 2025, at the AIDC facility in Tshwane. The event brought together youth, industry leaders, civil society, labour, and government stakeholders to deliberate on the critical role of young people in…

A VERY UNCOMFORTABLE TRUTH: THE BIGGEST THREAT TO A COMPANY’S REPUTATION MAY BE SITTING IN THE EXECUTIVE SUITE

Collen Hans11 months ago11 months ago06 mins

Esme Arendse A 2023 study by Dr. Clive Boddy, a recognised expert on corporate psychopathy found that 13% of corporate executives display psychopathic traits – 10 times higher than the incidence of such traits in the general American population. These leaders are linked to a three times higher fraud risk and toxic workplace cultures that…

FAKE NON-COMPLIANCE THREATS, EXTORTION SCAMS TARGET BANK CUSTOMERS

Collen Hans11 months ago11 months ago05 mins

There has been a significant rise in extortion, email, and text scams (phishing) targeting banking customers, resulting in considerable financial and emotional distress for thousands in recent months. Standard Bank’s Head of Fraud Risk Management, Adv. Athaly Khan, explains the growing sophistication of these schemes, with fraudsters continually adapting their tactics to deceive individuals into…