Naspers’s Prosus is slashing the Brazilian business’s profit forecast to defend it from well-funded competitive rivals.
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Netflix has invested more than $135-billion in films and television series over the past decade.
Vodacom Group Shameel Joosub has warned of severe upward pressure on device prices as the RAM crisis intensifies.
Diesel above R30/l is pushing South African fleets towards electric vehicles. Consumer interest is also on the up.
Herotel now has 284 850 connected fibre-to-the-home connections, mostly in smaller towns and townships.
Vodacom CEO Shameel Joosub has compared voice’s decline to the same trajectory SMS followed into irrelevance.
With voice revenue falling and customer growth stalled, Vodacom is struggling to cash in on surging data traffic.
Severe weather has cut power across dozens of Cape towns, with restoration delayed by unsafe conditions.
Vodacom and MTN groups’ fintech arms now process a combined value of over $1-trillion/year in transactions.
The real advantage of AI in enterprise systems is knowing when not to use it, says BBD.