Heavyweights backing ZARU, a new rand-based stablecoin

Heavyweights backing ZARU, a new rand-based stablecoin

A partnership between four South African financial institutions has led to the launch of an “institutional-grade” stablecoin pegged to the rand. Dubbed ZAR Universal, or ZARU, the stablecoin will made available to both retail consumers and institutional investors through the alliance between cryptocurrency platform Luno, low-cost trading platform EasyEquities, fintech Lesaka Technologies and Sanlam Specialist…

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Eskom’s solar PV rules will backfire, says OUTA

Eskom’s solar PV rules will backfire, says OUTA

Eskom is requiring homes with solar power below a certain capacity to register them. Eskom’s requirement that all solar photovoltaic (PV) systems under 100 kilovolt-amperes (kVA) must be registered will deter homeowners from choosing renewable energy. This is according to civic body the Organisation Undoing Tax Abuse (OUTA). Eskom has been encouraging those who make…

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NIL Africa receives dual Cisco awards, announces global expansion of Project 525

NIL Africa receives dual Cisco awards, announces global expansion of Project 525

NIL Africa receives dual Cisco awards, announces global expansion of Project 525. NIL Africa has been recognised with two awards at the Cisco Partner Summit 2025, underscoring its role as a Cisco Platinum Learning Partner delivering high-impact certification training and mentorship across Africa and international markets. Learning Partner of the Year 2025 – MEA, TRC…

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Haier plants its flag in South Africa

Haier plants its flag in South Africa

China’s Haier Group, which claims it is the world’s leading appliance and electronics brand by sales volumes, has officially launched in South Africa. Speaking at a launch event in Johannesburg on Monday, Song Yujun, president of Haier’s smart home division for international markets (outside China), said the company will focus on matching the quality and…

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Checkers Sixty60 sales jump by over 30%

Checkers Sixty60 sales jump by over 30%

Shoprite Group’s Checkers Sixty60 sales have shown a steady increase. Digital commerce sales via last-mile delivery platform Sixty60 increased by 34.6%, for the six months ended 28 December. This, as the retail giant group increased merchandise sales by 7.2%, measuring approximately R136.8 billion. The Shoprite Group states the growth equates to an additional R9.2 billion…

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How to subscribe to South Africa’s best tech podcasts

How to subscribe to South Africa’s best tech podcasts

If you enjoy the TechCentral Show (TCS) – and more broadly, TechCentral’s thoughtful, incisive conversations with technology leaders – you might want to subscribe so you never miss an episode. TechCentral produces a suite of high-quality podcasts covering the most important trends and players in South African tech, including Meet the CIO, TCS, TCS+ and…

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