450 MTN Group CEO Ralph Mupita Africa’s biggest telecommunications operator, MTN Group, swung to a half-year profit, it said on Monday, as macroeconomic conditions, inflation and foreign exchange rates in key markets…
Category: Business
Betway Cares Foundation: The heart behind the brand
326 From sports fields and classrooms, to remote villages and urban Joburg, Betway is making a lasting impact across SA and beyond. Through its foundation, Betway empowers communities with resources, opportunities and…
Absa pours billions into tech, boosting cybersecurity and automation drive
331 Absa Group’s IT spend for the six months to 30 June reached R8.2-billion, a 5% year-on-year increase from the same period in 2024, as it ramped up spending on security and…
Former RAF CEO Collins Letsoalo refers a dispute with the fund to the CCMA
295 It is believed the dispute relates to Letsoalo’s expectation of the renewal of his contract at the RAF. Former Road Accident Fund (RAF) CEO Collins Letsoalo has referred a dispute with…
Standard Bank raises alarm over AI-driven fraud
507 Standard Bank has warned its clients of a rise of “spoofing” scams in recent months, where fraudsters use AI-generated voices and e-mails to impersonate bank officials. “These scams are increasingly difficult…
MTN’s Mupita backs Vodacom-Maziv fibre deal
329 MTN Group CEO Ralph Mupita MTN Group CEO Ralph Mupita has described the competition appeal court’s decision last week to approve the sale of a co-controlling stake in fibre operator Maziv…
Ferdi Moolman is new CEO of MTN South Africa
398 Incoming MTN South Africa CEO Ferdi Moolman Charles Molapisi is stepping down as CEO of MTN South Africa, and is being replaced in the role by Ferdi Moolman, who was a…
Five practical ways SMEs can cut delivery costs
323 If delivery costs are not properly managed, they can drain cash flow, create bottlenecks and ultimately cost customers. It is important for small and medium enterprises (SMEs) to find ways to…
Unemployment increases again as economy sheds 140 000 jobs
245While economic growth is not picking up, unemployment does. The official unemployment rate increased again in the second quarter to 33.2% from 32.9% in the first quarter, with only 16.8 million people…
Biometrics take centre stage in fight against Sim-swap fraud
292 Stricter and more widespread use of biometric authentication by mobile operators could help reduce the growing Sim-swap fraud menace in South Africa, according to the Communications Risk Information Centre (Comric). Comric…