49 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…
Category: Business
Where AI actually belongs in enterprise systems
52 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
62 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
58 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
70 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…
Setback for Microsoft’s Africa cloud ambitions
104 A Microsoft data centre site in East Africa has been delayed by disagreements with the Kenyan government over the company’s request for guaranteed payments, Bloomberg News reported on Sunday, citing people…
Reinvest spectrum cash in ICT sector, industry urges
119 South Africa’s telecommunications operators wants future spectrum auction proceeds reinvested in digital infrastructure, citing the heavy bill that operators continue to carry from 2022. The Association of Comms & Technology (ACT)…
South Africa cuts red tape for dealmakers
103 Trade, industry & competition minister Parks Tau has substantially raised the monetary thresholds at which mergers must be notified to the Competition Commission, in a move that a senior competition lawyer…
Money habits that help reduce financial anxiety
154 PICTURE: UNSPLASH/ SIMPLE BUDGET Financial anxiety is becoming increasingly common, especially as the cost of living continues to rise and income pressure affects households across South Africa. While money stress can…
Hyperscalers ate my next computer
149 I have been idly building the specs my next desktop PC – a Linux gaming and AI rig – for the better part of the past year. It is starting to…