344 The telecommunications sector scored lowest in customer sentiment compared to other major industries in 2024, according to the PwC South African Telecommunications Sentiment Index, produced in collaboration with DataEQ. “Sentiment data…
Category: Business
BMIT hired to develop new funding model for the SABC
248 Communications minister Solly Malatsi The department of communications & digital technologies has appointed BMI-TechKnowledge Group (BMIT) to develop a new funding model for the SABC in what could prove to be…
Strong objection against proposal to remove schools from the Vat net
296 Private schools association warns it’ll discourage initiatives aimed at providing much-needed education infrastructure. Several educational institutions have voiced their strong objection to proposed changes to the value-added tax (Vat) Act, that…
Naspers to implement five-for-one share split next month
325 Naspers has declared and finalised a five-for-one subdivision of both its “N” and “A” shares, saying the move will make the stock more accessible to retail investors. The implementation will kick…
MultiChoice begins restructuring ahead of Canal+ takeover
233 MultiChoice Group has kicked off the reorganisation of its South African operations, a key condition set by the Competition Tribunal before French media giant Groupe Canal+ can proceed with its R55-billion…
Rolling Stone owner sues Google over AI Overviews
351 The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit…
AI boom puts Africa at a crossroads
252 Last week, Prof Arthur Mutambara, director of the University of Johannesburg’s Institute for the Centre of Knowledge, launched his new book, Deploying Artificial Intelligence to Achieve the UN Sustainable Development Goals….
Walmart may turn to tech to outsmart savvy South African rivals
323 US megaretailer Walmart’s move to introduce its own-branded stores in South Africa is going to be met with stiff competition from established retailers, but its advancements in retail technology – spanning…
Larry Ellison is back: from Silicon Valley bad boy to AI kingmaker
250 Fortune magazine wondered on its cover whether Oracle co-founder Larry Ellison might become the world’s richest person, while BusinessWeek declared Ellison is “cool again”, noting that “Silicon Valley’s bad boy is…
Parks Tau turns thoughtful reform into farce
366 Trade minister Parks Tau It felt like good progress was being made on two fronts – easing the labour law burden on small companies and enabling lending to small businesses. But…