Vaccine alliance Gavi and children’s agency UNICEF have struck a new pricing deal that will sharply cut the cost of a key malaria vaccine and make it possible to protect nearly seven million additional children by 2030, the agencies announced on Sunday. Under the agreement, the price of the R21/Matrix-M vaccine will fall to $2.99…
Cell C has significantly cut the offer price for its upcoming listing on the Johannesburg Stock Exchange (JSE), reducing its expected market capitalization by hundreds of millions of Rands. Read: Discovery Bank partners with Luno in SA for crypto trading In an update to investors on Friday, Blu Label Unlimited Group, Cell C’s largest shareholder,…
Cell C has cut the offer price for its imminent JSE debut, trimming as much as R3.50/share off the bottom of the original range and knocking roughly R1-billion to R3-billion off its hoped-for valuation. In an update to investors on Friday, Blu Label Unlimited Group, Cell C’s largest shareholder, said it has approved a final…
The DRC’s 2020 household survey reveals how VAT shapes everyday life–and fairness. Introduced in 2012, VAT offers stable revenue, yet multiple rates and exemptions mostly benefit higher-income households. Tax expenditures cost about 0.82% of GDP, exceeding social safety net spending. Poor families devote more to taxed essentials: about 41% of their spending faces the 16%…
Laurian Venter, director at OneDayOnly. (Supplied) South African discount deal website OneDayOnly tried using artificial intelligence (AI) to compare prices against competitors but ditched it after the technology failed to deliver. Instead, a team manually opens “multiple tabs every single day, comparing the retailers” to ensure customers get the best prices, says Laurian Venter, director…
Fake gold bars piled up in Clermont-Ferrand France on March 25 2025. Romain Costaseca | Afp | Getty Images Gold prices hit $4,000 for the first time ever Tuesday as investors seek a safe haven from a weaker dollar, geopolitical volatility, economic uncertainty and stubborn inflation. Gold futures were last trading at $4,005.80 per ounce….
Microsoft is rolling out a major restructuring and significant price increases for its Xbox Game Pass subscription service in South Africa, with some plans seeing hikes of up to 109%. The overhaul is part of a global adjustment but brings controversial changes to the local market, including a dramatic reduction in the game library for…
When most entrepreneurs start out, their instinct is to go in cheap in hope to quickly appeal to mass numbers. Their idea is to be “accessible”, win over their friends or ensure they are priced lower than their competitors. Of course it feels safe but in reality, undervaluing your business and its offerings is the…
Eskom CEO Dan Marokane Eskom CEO Dan Marokane has again pledged that the state-owned power utility will hold future electricity tariff hikes to single-digit increases, a major shift in tone from earlier double-digit increases that have rattled consumers and businesses, pressured economic growth, and fuelled inflation. Speaking in an interview with Newzroom Afrika, Marokane said…
The price of the iPhone 17 series in South Africa will be lower than the iPhone 16 line-up was at launch — the second year in a row that Apple’s smartphones have reduced in price year over year. The iPhone 17 series, which was unveiled on Tuesday, is now available for pre-order through iStore, the…
