Egypt and Safaricom drove a 22.9% jump in headline earnings as the South African business posted only modest growth.
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Vodacom and MTN groups’ fintech arms now process a combined value of over $1-trillion/year in transactions.
Prosus is selling a 5% Delivery Hero stake to Aspex Management to fulfil European Commission commitments.
The goodwill makes Vodacom’s balance sheet vulnerable to impairment if Maziv fails to deliver expected growth.
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Canal+ shares plunged 23.5% after MultiChoice subscriber losses and a grim revenue outlook rattled investors.
Canal+ has called Showmax an “expensive failure” whose closure will help accelerate cost savings at MultiChoice.
FNB is revamping its eWallet service and adding a WhatsApp channel to bring more users into the formal banking system.
Canal+ has struck deals with Google and OpenAI to bring generative AI to its production teams and streaming app.
Canal+ is heading to the JSE by mid-2026 – and is betting big on Africa to drive future growth.
Canal+ is investing €100-million to fix MultiChoice – but a continued subscriber exodus shows righting the ship won’t be easy.
World News
OpenAI is acquiring the AI device start-up co-founded by Apple veteran Jony Ive in a $6.5-billion all-stock deal.
The first drugs conceived entirely by AI will likely go on sale by the end of the decade, an pioneer in the field has said.
The Swedish car maker is now the lead development partner for Android automotive software.
Microsoft is holding its Build conference on Monday, where it will unveil its latest tools for developers building AI systems.
