Barloworld’s R34m robotics bet pays off, with no jobs lost

Barloworld’s R34m robotics bet pays off, with no jobs lost

The introduction of robotics has not led to any job losses, says Barloworld. Barloworld’s R34 million investment in robotics is yielding strong returns, without affecting jobs, according to Mbali Tshitenge, executive for aftermarket at BarloworldEquipment Southern Africa. She shared insights during an interview with ITWeb. The investment, focused on Barloworld Rebuild Centre (BRC) – one…

Read More
Telkom pays out R160m after BCX, Gyro job cuts

Telkom pays out R160m after BCX, Gyro job cuts

Restructuring forms Telkom’s broader turnaround strategy to create a more agile business. JSE-listed telecommunications firm Telkom has revealed it incurred R160 million in restructuring costs during the past financial year, as part of its efforts to streamline operations and improve long-term efficiency. This figure was disclosed in Telkom’s integrated report for the year ended 31…

Read More
SARS pays out R10.6bn in refunds as AI upgrades bear fruit

SARS pays out R10.6bn in refunds as AI upgrades bear fruit

SARS commissioner Edward Kieswetter. More than three-quarters of taxpayers have already received auto-assessments, and refunds worth R10.6 billion have been paid out, according to the South African Revenue Service (SARS), as its investment in artificial intelligence (AI) begins to show significant returns. The auto assessments and refunds were processed ahead of the official start of…

Read More