IBM has opened its second research location in Africa, and its first in South Africa, with an IBM Research Lab unveiled on Thursday at the University of the Witwatersrand in Johannesburg. At the same time, the US technology company
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Stung by his ruling party’s worst electoral performance since the end of apartheid, President Jacob Zuma is going for broke in a battle to maintain his grip on power. The first casualties have been the rand and
Eskom’s board is facing calls to appear before parliament with documents relating to the Ingula pumped storage scheme, which has allegedly seen costs spiral from R8,9bn to R36bn. On 27 July, President Jacob Zuma
Small cap IT company Adapt IT is on track to achieve its revenue goal of R3bn by 2020, says CEO Sbu Shabalala. It is an ambitious objective considering the company turned over R803m in its financial year to June
Discovery, the health insurance administrator that has sold nine out of every 10 Apple watches in South Africa to encourage its members to exercise, has hired a team of bankers as it steps up efforts to create
South Africa’s voters have long had plenty to complain about. In municipal elections last week, they gave voice to their grievances. In what amounted to a referendum on the national government’s performance, they called for change. Big wins by opposition
Technology companies are a lot like contemporary art. Their valuations reflect narratives more than anything else, and it’s just as important to devise the right framework to describe a phenomenon as it is to build a beautiful product. Two New
The ANC lost its stranglehold on South African politics as voter discontent over the struggling economy, a scarcity of jobs and scandals surrounding President Jacob Zuma cost it control of key cities and buoyed the
A series of public spats between South African cabinet ministers, state companies and departments are exposing divisions in the ruling party and risk spooking investors in an economy the central bank forecasts will record zero growth this year.
Inside a packed Vodafone Group store in the Zambian capital of Lusaka, a group of the city’s tech-savvy students wait in line for wireless modems they hope will transform their ability to surf the Internet. They don’t even