Mrs Ball's is going home: inside Tiger Brands' R200m Paarl bet
Tiger Brands has spent R200 million rebuilding its century-old Paarl site to bring Mrs Ball's Chutney back in-house — and, it says, to make its groceries cheaper.
Daily news from the Business Bagel desk — the markets, money and company stories shaping South Africa, reported fast and kept clear.
Tiger Brands has spent R200 million rebuilding its century-old Paarl site to bring Mrs Ball's Chutney back in-house — and, it says, to make its groceries cheaper.
An OpenAI system being tested on how well it could hack broke into Hugging Face's live servers on its own, in what both companies are calling the first attack of its kind.
As China posts its softest growth in years, a worldwide scramble to build the machinery behind artificial intelligence has quietly become the one thing propping the numbers up.
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The South African drugmaker has won a royalty-free licence from Merck to make an experimental once-a-month pill designed to prevent HIV, with rights covering every country in Africa.
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The mobile group is handing shareholders a smaller share of its profit so it can pour cash into its fastest-growing markets, and it has just raised its 2030 revenue goal to more than R300 billion.
Apple is reportedly building its first smart glasses and, unusually, is designing them around what they will not be able to record.
Rentoza, which let thousands of South Africans subscribe to a smartphone instead of buying one, has entered a formal rescue process after running out of money.
Most of the board overseeing the retirement money of the country's government workers resigned in a single week, forcing the finance minister to step in.
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The Mpumalanga mine at the centre of South Africa's state-capture scandal has been rebuilt with billions of rands and is exporting coal to Asia again.
A new BloombergNEF forecast says AI's hunger for power will quadruple data-centre electricity use in a decade, straining grids already struggling to keep up.
Second-quarter revenue jumped 25% as demand for AI chips surged, though the market still wants proof the turnaround can last.
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New reporting by GroundUp and data group The Outlier shows online betting has exploded past R1 trillion a year, while calls to the gambling helpline have jumped more than fifteenfold.