264 Absa CTIO Johnson Idesoh Absa Group’s decision to take a R2.4-billion software impairment hit for the year ended 31 December 2025 is not solely because of AI – itself an accelerator…
Category: Business
Big Tech’s Big Tobacco moment has arrived
304 Social media platforms Instagram and YouTube have a design defect which means they are addictive, a jury in the US has ruled. The Los Angeles jury took nearly nine days to…
Apple plans to open Siri to rival AI services
271 Apple plans to open its Siri voice assistant to rival AI services beyond its current partnership with ChatGPT, according to a report. The move, expected as part of Apple’s iOS 27…
SA’s fuel forecourts evolving into ‘lifestyle’ destinations?
236 Diversification through licensing, battery and supermarket partnerships seen as a way to counter the tough margins on fuel and slow rollout of electric vehicles. South Africa’s fuel forecourt sector is set…
MTN invests in AI network start-up alongside Nvidia
319 Mazen Mroué, CEO of MTN Digital Infrastructure MTN Group’s digital infrastructure arm has joined a US$45-million funding round in ORAN Development Company (ODC), a US-based start-up building AI-native radio access network…
Roof waterproofing: Signs your roof needs urgent attention
307 A small crack or worn section of roof waterproofing might not seem serious at first, but over time, water can seep in, especially during heavy rain or storms. Early warning signs…
Reserve Bank keeps repo rate unchanged, warns the future remains uncertain
322 Governor Lesetja Kganyago warned the ongoing Middle East war could interrupt the country’s growth recovery. The monetary policy committee (MPC) of the South African Reserve Bank (Sarb) has decided to keep…
War kills rate cut hopes as Reserve Bank warns of inflation spike
293 Reserve Bank governor Lesetja Kganyago The South African Reserve Bank maintained its main lending rate at 6.75% on Thursday, saying caution was needed as higher energy prices triggered by the US-Israel…
The R16-billion tech giant hiding in plain sight
342 Datatec group CEO Jens Montanana JSE-listed technology group Datatec has delivered a total shareholder return of 361%¹ over five years, making it one of the best-performing stocks in the local technology…
Standard Bank overtakes FirstRand to become Africa’s most valuable bank
302 Standard Bank’s market capitalisation has remained above R500 billion over the past few days. Standard Bank Group, Africa’s largest bank by assets, has overtaken FirstRand Group as the continent’s most valuable…