151 Despite binding judgments, it refused to compensate the victim because her medical aid had covered a portion of the costs. The Road Accident Fund (RAF) has been issued with a punitive…
Category: Business
Eskom battles widespread outages as storm batters the Cape
253 A powerful winter storm sweeping across large parts of South Africa has caused widespread power outages, with the Western Cape worst affected after the South African Weather Service issued warnings for…
Voice going the way of SMS, says Vodacom CEO
201 Vodacom Group CEO Shameel Joosub Mobile voice revenue is following the same structural decline as SMS, Vodacom Group CEO Shameel Joosub said in an interview on Monday – an unusually direct…
Vodacom’s fintech machine tops 100 million customers
191 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…
Where AI actually belongs in enterprise systems
170 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
198 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
184 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
186 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
237 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
224 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)…