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Category: Business

Pressure builds on Vodacom’s South African mobile business

Posted on May 11, 2026

457 Vodacom Group CEO Shameel Joosub A reading of Vodacom Group’s 2026 financial results shows its home market is barely growing in customer terms, that what top-line growth there is leans heavily…

Pop star sues Samsung for $15-million

Posted on May 11, 2026

324 British singer Dua Lipa. Aude Guerrucci/Reuters British pop star Dua Lipa has filed a lawsuit against Samsung Electronics seeking at least US$15-million in damages, accusing the South Korean tech giant of…

RAF ordered to pay R2.2m to pedestrian and slapped with punitive cost order

Posted on May 11, 2026

297 Despite binding judgments, it refused to compensate the victim because her medical aid had covered a portion of the costs. The Road Accident Fund (RAF) has been issued with a punitive…

Eskom battles widespread outages as storm batters the Cape

Posted on May 11, 2026

620 A powerful winter storm sweeping across large parts of South Africa has caused widespread power outages, with the Western Cape worst affected after the South African Weather Service issued warnings for…

Voice going the way of SMS, says Vodacom CEO

Posted on May 11, 2026

441 Vodacom Group CEO Shameel Joosub Mobile voice revenue is following the same structural decline as SMS, Vodacom Group CEO Shameel Joosub said in an interview on Monday – an unusually direct…

Vodacom’s fintech machine tops 100 million customers

Posted on May 11, 2026

448 Vodacom Group’s fintech business has surpassed 100 million customers for the first time, with the JSE-listed telecommunications operator reporting 103 million active financial services users in the year ended 31 March…

Where AI actually belongs in enterprise systems

Posted on May 11, 2026

487 Artificial intelligence is now firmly on the enterprise agenda. From boardrooms to product teams, organisations are exploring how AI in business can improve decision-making, automate complex processes and unlock new insights…

Naspers unit offloads stake in food giant for R6.5-billion

Posted on May 11, 2026

351 Prosus, the Naspers-controlled consumer internet group, has agreed to sell a 5% stake in German food delivery giant Delivery Hero to Aspex Management for approximately €335-million – around R6.5-billion at the…

Vodacom paid nearly twice book value for its Maziv stake

Posted on May 11, 2026

444 The detail in Vodacom Group’s full-year results announcement, released on Monday, reveals just how richly the South African mobile operator has valued its long-fought-for acquisition of a stake in Maziv –…

Vodacom Group customer base swells past 237 million

Posted on May 11, 2026

388 Vodacom Group CEO Shameel Joosub Vodacom Group leaned heavily on its Egyptian business and Kenyan associate Safaricom to power a strong set of full-year numbers, even as service revenue growth in…

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