The damage is in the accounting rather than at the trading level, but shareholders face a big swing from profit to loss.
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Top News
Why 25 million retail clients and a trusted billing relationship may matter more than owning fibre in the ground.
Bank robberies fell to just two incidents in 2025 while digital banking claims climbed to R2.4-billion.
Van Zyl Botha explains how Herotel is bringing Amazon Leo to South Africa ahead of its bigger rival, Starlink.
More News
Vodafone said it had made the world’s first video call via satellite using a standard smartphone.
The chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive.
The former executives, who on Wednesday won leave to appeal, have also set out their side of the story in detail for the first time.
The Competition Tribunal has been criticised over lengthy delays in concluding investigations of key deals in the ICT sector.
Eskom’s financial viability remains at risk even though it has stabilised the electricity supply, according to the auditor-general.
Non-bank players in the payments space have joined forces to drive digital financial inclusion.
World News
The fault has caused massive disruption at airlines across the group worldwide.
Reddit is looking to go public later this year, likely in the second half, according to a report.
Twitter CEO Elon Musk said that towards the end of 2023 would be “good timing” to find someone else to run Twitter.
US prosecutors said their discovery that Sam Bankman-Fried used a VPN to access the Internet recently raises concerns that the FTX co-founder could be hiding his online activities.
Eskom has shut down 11 power station units due for major maintenance because it lacks the funds to fix them.
Perhaps the only real surprise in yesterday’s public unveiling of Discovery Bank was the lack of any pricing information.

































