Vodacom and MTN groups’ fintech arms now process a combined value of over $1-trillion/year in transactions.
Top News
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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South Africa’s draft AI policy framework is headed to cabinet and could be gazetted for public comment in March.
Finance minister Enoch Godongwana has been urged to reduce taxes on electric cars in Wednesday’s budget speech.
Standard Bank has spent R1-billion rebuilding its business banking platform, giving clients more real-time controls.
Nvidia heads into quarterly earnings under pressure to prove AI spending isn’t a bubble as rivals close in.
Most African firms see agentic AI as critical to their cloud strategies, but only a third are actively scaling implementations.
Sola Group has begun construction on a solar and battery project that will wheel dispatchable power to Sasol and Air Liquide.
World News
IBM has provided a strong revenue growth outlook for the coming years led by the expansion in its software business.
US President Donald Trump signed an executive order on Monday ordering the creation of a sovereign wealth fund.
Tesla touted a record quarter in terms of vehicle and battery sales. Somehow that translated to the opposite for its financials.
T-Mobile and Elon Musk’s SpaceX are currently testing the Starlink cell network on a trial basis in the US.
