Retailer Mr Price Group’s venture into telecommunications – which comprises mobile phone and accessory sales as well as the Mr Price Mobile MVNO offering – is paying off, with double-digit growth reported for the 26 weeks to end-September 2025. “The telecoms segment continued its trend of delivering double-digit sales growth of 12.4% to R678-million and…
Samsung chip factory complex in South Korea Samsung Electronics this month raised prices of certain memory chips — in short supply due to the global race to build AI data centres — by as much as 60% compared to September, two people with knowledge of the hikes said. The move follows the world’s biggest memory…
For the second time in four months, Spotify is hiking prices in South Africa – this time, though, there’s more value on offer, including lossless (non-compressed) music streaming for the first time. New Premium plans – Lite, Standard and Platinum – are being introduced in five markets around the world: South Africa, India, Indonesia, Saudi…
KTDA CEO Wilson Muthaura, Agriculture CS Mutahi Kagwe and KTDA chairman Chege Kirundi. PHOTO/FILE. Kenya is one of the world’s largest exporters of tea, but within the country, a growing controversy has arisen over the significant price disparities between tea grown in the East and West of the Rift Valley. Tea farmers in the Eastern…
The Trump administration is expected to announce, as early as this week, a deal with drugmakers Eli Lilly and Novo Nordisk to lower the price of their weight loss drugs in exchange for limited Medicare coverage, according to two people familiar with the plan. The deal would reduce the cost of the lowest doses of…
Commodity markets are helping to stabilise the global economy. PHOTO/Pexels/Kamaji Ogino. By BUSINESS CORRESPONDENT [email protected] Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World Bank Group’s latest Commodity Markets Outlook. Prices are forecast to drop by seven…
The World Bank Group has projected global commodity prices to fall to lowest level in six years in 2026, marking the fourth consecutive year of decline. According to its latest commodity markets outlook, the organisation forecast prices to drop by seven percent in both 2025 and 2026, driven by weak global economic growth, a growing…
MultiChoice is reviving one of South African television’s most nostalgic traditions – Open Time – to mark 30 years since the 1995 launch of DStv. It’s limited in duration, but for one weekend in November, all decoder customers will get full Premium access, including sport, movies and entertainment. Running from 7-9 November 2025, the promotion…
Tyler Winklevoss and Cameron Winklevoss (L-R), creators of crypto exchange Gemini Trust Co., on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood in Miami, Florida, on June 4, 2021. Joe Raedle | Getty Images Gemini Space Station, the crypto company founded by Cameron and Tyler Winklevoss, priced its…
David Solomon, CEO of Goldman Sachs, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a DJ. U.S. President Donald…
