‘Get me out’: Traders dump software stocks as AI fears erupt
The anxiety was underscored Tuesday after AI startup Anthropic released a productivity tool for in-house lawyers, sending shares of legal software and publishing firms tumbling.
Amazon, Prosus reach AI, cloud deal for double-digit cost saving
Prosus has a team of about 1 000 AI specialists who will work with their counterparts at Amazon to co-create applications, Cardoso said.
African ratings reach highest since 2020 on growth, S&P says
Average real annual economic growth across rated African sovereigns is likely to remain around 4.5%, with fiscal outcomes broadly stable.
South Africa’s stock-market laggards look due for a recovery
Food producers, retailers and personal-care stocks were among the worst performers on the Johannesburg Stock Exchange last year.
Bitcoin-led crypto rout erases nearly half a trillion in a week
Total crypto market value has slumped by $467.6bn since January 29, according to CoinGecko data.
New look Super Group’s rock-solid balance sheet
Analysis of Super Group’s latest update, alongside a look at the rapid rise of an actively managed income ETF that has just become SA’s largest in its category.
Gold rebounds above $5 000 as historic retreat tempts dip buyers
Gold climbed 2.5% to $5 072.52 an ounce as of 12:40 p.m. in Singapore.
What’s stopping sunny South Africa’s solar industry?
Court case sheds light on the wider problem.
Cape Town’s water use remains too high despite Day Zero lessons
The city consumes more than a billion litres of water per day, which works out to over 210 litres per person – well above the global average of 120 to 160 litres.
Five days without electricity and counting …
Thousands of Tshwane factories at a standstill.