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
AI presents many risks to South Africa’s financial system, including increased cybercrime, the FSCA has found.
The global satellite industry is expanding and innovating rapidly – and this is great news for Africa.
A recovery in tech jobs is a sign that the broader jobs market is on an upward trajectory, according to Pnet.
Nersa draft rules are set to change traditional municipal electricity revenue structures fundamentally.
The economy is showing recovery signs as key infrastructure reforms begin strengthening growth prospects.
What started as a fact-finding mission for Netflix culminated in one of the biggest media deals in the last decade.
World News
China could improve chip production techniques despite US efforts to halt its progress.
China has reportedly introduced guidelines to phase out chips from Intel and AMD from government PCs and servers.
Reddit lured investors by positioning its content as training grounds for artificial intelligence programs.
The US has alleged in court papers that Apple monopolised the smartphone market, hurt smaller rivals and drove up prices.
Dogecoin may not be the funniest joke of all time, but it’s probably the one with the largest market valuation.
A recent deluge of downloads of messaging app Signal exposed tensions about its direction and management under its unconventional founder and CEO, Moxie Marlinspike.

































