Category News

Pepkor now sells 80% of all prepaid cellphones in South Africa – TechCentral

TechCentral

Pepkor Holdings reports 80% of prepaid cellular handsets in South Africa sold through its stores, up from 70% last year. Sales of cellular handsets increased by 17% to 6.8 million, with smartphones accounting for 65% of sales. The retailer attributes its success to an expansive store network and a focus on affordability. Pepkor’s trading performance benefited from strong growth in cellular connectivity.
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The most expensive street in South Africa where an empty piece of land sold for R170 million

BusinessTech

Two vacant plots of land on Nettleton Road in Clifton, Cape Town, known as South Africa’s most expensive address, were sold for R170 million. The exclusive residential area offers luxurious real estate with stunning views of the Atlantic Ocean and Lion’s Head mountain. The deal, brokered by Annette Hepburn of Pam Golding Properties, highlights the high demand and premium prices in this sought-after location.
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Ramaphosa announces R240 billion investment haul

BusinessTech

South African President Cyril Ramaphosa announced a plan to boost the nation’s economy by attracting over R238 billion in investments for around 250 infrastructure projects. The focus is on sectors like energy, roads, and water to stimulate growth and job creation. Ramaphosa aims to transform South Africa into a construction hub to improve economic performance.
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Minister to remove wrecks from small harbours after fishers’ outcry

Daily Maverick

Minister Dion George warns boat owners to remove wrecks or face charges due to safety risks and government inaction in fishing harbours. A clean-up campaign targeting abandoned vessels in several harbours has been initiated. Vessel owners must comply by June 16, 2025, or the government will take action at their expense. George aims to improve marine safety and environmental sustainability.
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