iOCO’s profit rose 39% to R357-million in FY2026, but net cash from operating activities fell 44%.
Subscribe to the newsletter
Get the best South African technology news and analysis delivered to your e-mail inbox every morning.
iOCO will not pay a dividend for as long as Rhys Summerton is at the helm of the company.
Google has released Gemini 4 Argon to developers and businesses after months of delays and upheaval.
Icasa left R333.7-million unspent in 2025/2026 while telling parliament it lacks money for regulatory tools.
More News
Smaller operators are struggling to find tenants while hyperscale operators pull further ahead, according to a new study.
Industry warns national treasury’s biggest exchange-control rewrite in 60 years could undo South Africa’s hard-won crypto gains.
The bitter legal fight between Elon Musk and OpenAI may come down to a few pages in one executive’s personal diary.
Communications minister Solly Malatsi has promised “consequence management” for officials responsible.
Section 189 protects against retrenchments in South Africa. But natural attrition needs no consultation, and AI is accelerating it.
Capital spending at SpaceX more than doubled last year, exceeding revenue and raising fears of further raises.
World News
Apps developers and antitrust regulators have criticised Apple’s tight control of the iOS app ecosystem.
Bitcoin sank to a four-month low on Friday, breaking below technical supports.
Amazon founder Jeff Bezos is planning to sell almost $5-billion worth of shares in the e-commerce giant.
LG Energy Solution is aiming to commercialise what’s been described as a game-changing battery-making technology by 2028.
By the end of Netflix’s 45-minute earnings interview on Thursday, its stock was down more than 20% and a pall had been cast over the entertainment industry.
There is a fundamental but somewhat cryptic side to the metaverse that will set it apart from today’s Internet: the blockchain.

































