Vodacom and MTN groups’ fintech arms now process a combined value of over $1-trillion/year in transactions.
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Vodacom CEO Shameel Joosub has compared voice’s decline to the same trajectory SMS followed into irrelevance.
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.
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The allocation comes as a relief as Sentech’s battle with the SABC over unpaid signal distribution fees continues.
Government has announced that data centres will be considered as critical as electricity, ports and transport networks.
The US has ordered its diplomats to lobby against foreign data privacy laws that could limit American tech firms.
JSE-listed Mustek has reported a massive jump in headline earnings, even with revenue under pressure.
Blu Label has resumed dividend payments after years of Cell C restructuring drained the group’s resources.
Mustek has warned that global AI infrastructure expansion is driving shortages that will persist into next year.
World News
Blue Origin is bracing for a large reduction in its workforce, people familiar with the matter said.
Elon Musk is probably trying to delay OpenAI’s progress with an unsolicited bid for the company, CEO Sam Altman said.
BYD has unveiled plans to enable advanced driver-assistance features in almost all future models at no additional cost.
A consortium led by Elon Musk said on Monday it has offered $97.4-billion to buy the nonprofit that controls OpenAI.
