Microsoft shares jumped 15% after cloud guidance eased fears that its AI spending had outrun demand.
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Nedbank has appointed Nikos Angelopoulos, formerly MTN Group’s CIO, to the same role at the bank.
Eskom recorded a daily energy availability factor of 80.24% on 20 July, its best single day since 20 September 2017.
The transmission operator will own the assets outright, reversing a plan approved by the energy minister in December.
More News
Altron’s platform businesses now drive 90% of its profit as the group guides for 30%-plus earnings growth.
A Johannesburg company is applying technology to herd management as South Africa fights foot-and-mouth disease.
Usaasa has published a draft manual for how South Africa’s Universal Service Fund should be administered and spent.
IBM shares plunged 13% – their worst day in 25 years – after Anthropic said Claude Code could modernise Cobol systems.
Spar is separating its SAP finance migration from warehouse operations. It is als facing a lawsuit from a major franchisee.
Renewable energy is allowing mining houses to stabilise electricity costs and improve operational resilience.
World News
A hot new online game is refuelling investor optimism for Tencent, driving China’s biggest stock boost of 2024.
Meta is considering blocking news content from Facebook in Australia if the government makes it pay licensing fees.
SpaceX will build a vehicle capable of pushing the International Space Station into Earth’s atmosphere.
Waymo’s autonomous ride-hailing service, Waymo One, is now available to everyone in San Francisco.
Spotify is big, and the network effects of its music catalogue – now augmented by podcasts – are incredibly powerful.
This is a good moment to assess how radically lower crypto prices will affect how socially valuable crypto will prove to be.

































