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
Thyspunt in the Eastern Cape and Bantamsklip in the Overberg are the proposed sites for a new nuclear power plant.
Samsung Electronics has unveiled its first multi-folding smartphone, the Galaxy Z TriFold.
A loss of key channels, including the Discovery Channel, could impact already falling subscriber numbers at DStv.
The increasing use of AI in content production is not good news for Cape Town’s film production sector.
Groupe Canal+ aims to use group synergies to deal with the ongoing subscriber losses afflicting MultiChoice.
Wise has secured conditional approval from the Reserve Bank, clearing the way for its launch in South Africa.
World News
Debate is growing about whether the latest run in cryptocurrencies is evidence of speculative froth in global markets.
Memecoin trading volumes are now at levels last seen just before the burst of the last crypto bubble.
Epic Games has accused Apple of violating a US court injunction governing its lucrative App Store.
TikTok’s Chinese owner ByteDance is facing its biggest threat in the US since the Trump administration.
Ultimately, investors may have to learn to live with the valuation gap between Naspers and Tencent. And management may have to ignore complaints about it and focus on growing Prosus’s investments.
Can you love bitcoin and the environment at the same time?

































