Vodacom and MTN groups’ fintech arms now process a combined value of over $1-trillion/year in transactions.
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With voice revenue falling and customer growth stalled, Vodacom is struggling to cash in on surging data traffic.
Severe weather has cut power across dozens of Cape towns, with restoration delayed by unsafe conditions.
Vodacom CEO Shameel Joosub has compared voice’s decline to the same trajectory SMS followed into irrelevance.
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Vodacom Group’s load shedding woes are extending to other operating markets in Africa and threatening to inflate its costs.
Vodacom Group fired 631 employees and contractors in the 2024 financial year for fraud-related incidents, leading to 15 arrests.
Ukheshe has a new name: EFT Corporation. This follows its acquisition of a business of the same name in January.
Telkom posted a full-year profit of R1.9-billion and said it would consider resuming dividends from 2025.
Sanlam will buy a 60% stake in MultiChoice South Africa’s insurance business for an upfront cash amount of R1.2-billion.
The US government sued Adobe, accusing it of concealing hefty termination fees in its most popular subscription plan.
World News
Crypto hedge fund Three Arrows Capital is seeking protection from creditors in the US under chapter 15 of the US Bankruptcy Code.
Meta Platforms has cut plans to hire engineers as CEO Mark Zuckerberg warned employees to brace for a deep economic downturn.
The turmoil in the cryptocurrency industry has taken a toll on a corner of the tech world that once benefited from crypto’s rise.
Bitcoin is on track for its worst quarter in more than a decade, but experts believe the bottom may be near for the world’s biggest cryptocurrency.
At Google, some employees use a tool that restricts time spent on e-mail. A senior Apple executive said his wife used a device that sets iPhone and iPad limits for their children. Members of a venture capital firm meditate before phone
Vakhtang Gogokhia’s plan to extract cryptocurrencies from the netherworld of cyberspace relies on a strategy familiar to many old-school manufacturers who use a lot of energy – the cheaper the fuel, the better. That’s
