95 South Africa’s six largest banks are spending above inflation on technology — with cloud migration, artificial intelligence and cybersecurity the primary cost drivers — as they race to modernise core…
Category: Tech
AI won’t kill SaaS – but it will reshape it, software CEOs say
95 Oracle’s Mike Sicilia is the latest software CEO to wade in to the debate on whether AI tools that heavily automate human tasks will mean the demise of his industry. His…
Nvidia targets $1-trillion in AI chip sales as inference demand surges
86 Nvidia CEO Jensen Huang. Fred Greaves/Reuters Nvidia said the revenue opportunity for its AI chips may reach at least US$1-trillion through to 2027, as the company outlined a strategy to compete…
When CTEM, AI and a unified attack surface meet
91 Every organisation that has suffered a significant breach shares one uncomfortable truth in hindsight: the path the attacker took was there all along. The misconfigured account, the unpatched service, the employee…
Meta planning layoffs that could hit 20% of workforce
100 Meta Platforms is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter have said, as Meta seeks to offset costly AI infrastructure…
Why finance’s new KPI is decision speed
91 For years, finance was the organisation’s scorekeeper: close the month, balance the books, keep the auditors happy. That work still matters, but it no longer defines the job. In an economy…
MTN South Africa struggles as competition bites in prepaid market
79 MTN South Africa’s earnings declined sharply in the year to December 2025 as intensifying competition in the prepaid market and rising bad debts weighed on the business, even as the enterprise…
MTN initiates share buyback programme
90 MTN Group plans to buy back between 1.7% and 2% of its shares, amounting to some R6-billion, over the next three years. Speaking at the company’s investor presentation following the release…
Eskom marks 300 days without load shedding
76 South Africa reached 300 consecutive days without load shedding on Thursday, a milestone Eskom said underscores the sustained recovery of its generation fleet. The state power utility said its energy availability…
Peter Thiel’s secretive Rome conference draws Church attention
105 Peter Thiel. Brendan McDermid/Reuters Peter Thiel, the US billionaire venture capitalist and early supporter of Donald Trump, launched a series of closed-door lectures in Rome on Sunday exploring the concept of…