Most Enterprise AI Pilots Fail to Deliver Real Business Value, Study Shows
MIT’s Project NANDA report finds 95% of enterprise AI pilots deliver no measurable return, with most stuck in experimentation lacking clear ownership or scale plans.
MIT’s Project NANDA report finds 95% of enterprise AI pilots deliver no measurable return, with most stuck in experimentation lacking clear ownership or scale plans.
AI is reshaping jobs globally, boosting senior roles and pay while reducing junior positions and stagnant wages, according to recent international studies.
The Nelson Mandela Bay Municipality has launched a debt relief programme to help residents and businesses clear arrears and improve city service delivery.
The ARC has partnered with Afrivet to localise production of the Foot-and-Mouth Disease vaccine, aiming to cut import reliance and secure local livestock markets.
The Western Cape Government has officially opened the application window for its R7 million Tourism Growth Fund, aimed at providing financial relief and development support to small, medium, and micro enterprises (SMMEs) in the tourism and hospitality sector. Eligible business owners have from 16 September 2026 until 14 October 2026...
Minister of Transport Barbara Creecy officially launched the National Truck Stop Framework at the Sasol N17 Truck Stop in Mpumalanga on 17 September 2026. The new policy establishes a coordinated national approach to the planning, development, management, and standardisation of truck stop facilities across South Africa. Department of Transport research...
Deputy Minister of Trade, Industry and Competition John Steenhuisen has called for a coordinated government effort to create an enabling environment for South Africa’s macadamia sector. Speaking during the South African Macadamia Growers’ Association (SAMAC) ‘MacDay on the Road 2026’ event held in Umhlanga on 17-18 September 2026, Steenhuisen highlighted...
Draft amendments propose adding lithium, manganese, and cobalt to the Automotive Production and Development Programme's incentive list to kickstart local battery material processing.
Draft policy amendments and a proposed China–Africa Innovation Alliance on Mining and Metallurgy could reshape South Africa's role in the global battery supply chain, aiming to move beyond raw mineral exports.
Workers at Masterpack, a Bidvest packaging firm in Johannesburg, began an open-ended strike on 7 September 2026, demanding a 9% wage hike and the return of bonuses unpaid for six years.
South Africa’s National Treasury and the South African Reserve Bank (SARB) released a draft Crypto Asset Manual on 3 August 2026 that proposes barring resident companies from transacting cryptocurrency across the country’s borders, drawing sharp criticism from the country’s largest crypto exchanges. The public has until 30 September 2026 to...
Agriculture Minister Willie Aucamp signed a protocol in Beijing on Monday, 8 September 2026, granting South African cherry producers access to the Chinese market for the first time, opening the door to the world’s largest cherry importing nation. Aucamp signed the agreement with General Administration of Chinese Customs (GACC) Minister...
Transnet Rail Infrastructure Manager (TRIM) has completed recovery and reconstruction of the Cape Mainline after severe storms on 11 and 12 May 2026 caused extensive damage to railway infrastructure across the Western Cape and Karoo region. The line reopened to diesel-hauled trains on 31 July 2026 and fully reopened for...
The Independent Communications Authority of South Africa (Icasa) has published notice of a new market inquiry into the affordability of telecommunications services, TechCentral reported on 4 September 2026. The inquiry will examine structural cost drivers, the impact on household budgets, and possible regulatory or market interventions. Icasa says affordability concerns...
Shoprite has secured unconditional Competition Tribunal approval to acquire majority control of R&A Cellular, a point-of-sale platform serving South Africa’s informal retail sector, after announcing the planned deal on 16 March 2026. The Tribunal approved the merger between Shoprite Financial Services Ltd and R&A Cellular without conditions on 7 April...
More than 4,500 former employees of Bosasa, later known as African Global Operations, have been waiting for outstanding salaries and retrenchment benefits since the company’s liquidation in 2019, with Sanlam confirming that R2.188 million remains payable to eligible members of the African Global Operations Provident Fund. According to Sanlam, 187...
The Global Environment Facility (GEF) has officially approved a $10 million (approximately R180 million) grant to bolster water security across Southern Africa. The funding, greenlit during the 68th GEF Council meeting in June 2026, aims to enhance the management of transboundary water resources in the Limpopo and Orange-Senqu River basins....
Dubai Aerospace Enterprise (DAE) has finalised a purchase-leaseback agreement with Saudia for four new Boeing 777F cargo aircraft, set for delivery between October 2026 and May 2027. The deal, announced by DAE on 10 August 2026, strengthens the airline’s logistical capacity as it works toward the objectives set out in...
Premier Foods has initiated a Section 189 consultation process to potentially close its Fruit Products Western Cape (FPWC) canning facility in Tulbagh. The proposed shutdown places approximately 3,500 permanent and seasonal factory positions, along with over 2,000 permanent farm roles, at immediate risk. Economic Impact And Industry Capacity The FPWC...
Lepelle Northern Water has formally denied owing any outstanding wages to former contract workers, following protests that brought construction at the Giyani Water Service Project to a halt on 3 August 2026. The water utility maintains that its internal records show no unpaid invoices or outstanding salary claims for the...
The National Treasury and the South African Reserve Bank (SARB) have released a draft Crypto Asset Manual that proposes to prohibit South African companies from conducting cross-border transfers using cryptocurrency. While the draft framework allows individuals to continue moving crypto assets offshore within existing foreign exchange allowances, it introduces significant...
Thousands of South Africans face total financial loss after the Morita Forestry investment platform ceased all operations on 29 July 2026, leaving an estimated 385,000 registered accounts frozen. The scheme, which promised daily payouts from purported woodland projects in the United States, effectively shut down after suspending all investor withdrawals...
MultiChoice Group has officially ceased the disclosure of specific DStv subscriber figures in its annual financial reporting, as part of a strategic shift in how it communicates business performance. For the year ended 31 March 2026, the company reported an 8% decline in its active subscriber base to 14.8 million,...
Standard Bank has entered into a strategic partnership with Huawei to deploy artificial intelligence (AI) solutions across its operations throughout the African continent. Announced on 24 July 2026, the collaboration focuses on integrating AI-driven infrastructure to enhance banking services, improve operational efficiency, and accelerate digital transformation for the financial institution....
Enterprise Resource Planning (ERP) systems represent one of the most substantial and multifaceted investments for modern organisations, yet they frequently suffer from budget overruns, significant project delays, and a failure to deliver anticipated business value. Independent ERP assurance has emerged as a vital risk management discipline to safeguard these deployments...
Cape Town is set to host the Global Entrepreneurship Congress Africa (GEC+Africa) at the Cape Town International Convention Centre (CTICC) on 16–17 September 2026. The major pan-African gathering expects to welcome over 2,000 delegates representing more than 43 countries under the official theme, “Connecting Africa.” Building On Continental Economic Growth...
The KwaZulu-Natal Growth Fund Agency (KZNGFA) is expanding its operational mandate to provide businesses with access to digital capabilities alongside its traditional funding offerings. This strategic shift aims to assist local entrepreneurs in integrating advanced technologies to improve their competitiveness and market reach. Investing In Digital Transformation The agency has...
The Department of Home Affairs officially launched Phase II of the Trusted Employer Scheme (TES) on 20 July 2026 to streamline visa processes for qualifying businesses. The digital program offers participating employers an exclusive online portal, reduced documentation requirements, the support of dedicated Key Account Managers, and significantly faster visa...
Prosus has confirmed an irrevocable undertaking to sell its remaining 16.8% stake in Delivery Hero to Uber at a price of €41.50 per share. This transaction follows the formal launch of a public takeover offer by Uber, which values the Germany-based food delivery company at approximately $14.8 billion. Regulatory Commitments...
The board of the Public Investment Corporation (PIC) placed CEO Patrick Dlamini on precautionary suspension on 13 July 2026, following a whistleblower report submitted last month. The decision comes as the state-owned asset manager faces intensifying scrutiny over its governance practices and unlisted investment portfolio. Investigation And Official Response The...