185 Remgro’s fibre infrastructure arm, CIVH, has swung to profitability after the implementation of the landmark Vodacom transaction and strong operational performances from both Vumatel and Dark Fibre Africa. In interim results…
Category: Business
Tips to help households cope with rising costs linked to the Middle East conflict
199 When Brent crude oil spikes, petrol prices follow within weeks. That means higher transport, food and retail costs. The Middle East conflict is happening far from South Africa, but households are…
The Post Office is out of options
138 Post Office business rescue practitioner Anoosh Rooplal. Photo: Tinashe Mazodze The business rescue practitioners in charge of saving the South African Post Office have on two occasions approached government for permission…
Does Nedbank really need a board of 19 directors?
132 It paid more than R28m to non-execs last year, and that figure is set to rise … From the end of May, following its annual general meeting (AGM), Nedbank Group will…
Liberty hit by data breach
128 Liberty Group has been hit by a data breach. It warned in a statement on Tuesday that it had detected unauthorised third-party access to some of its systems. The company said…
Optasia wants to do for banks what it did for telcos
129 Salvador Anglada Optasia CEO Salvador Anglada says the very same algorithms that made credit-vetting decisions via mobile wallets can be used in formal banking. Newly listed, technology-driven fintech Optasia sees the…
AWS again disrupted by drone attacks in Middle East
138 Amazon said on Monday its Amazon Web Services region in Bahrain has been “disrupted” amid the current conflict in the Middle East, marking the second time in a month that its…
Oracle is rebuilding its software empire around AI agents
149 An Oracle office in Silicon Valley, California. Image: ykanazawa1999 Oracle is revamping its cloud-based financial software used by large companies to work with artificial intelligence agents, with a goal of having…
Sanlam appoints group chief AI officer
141 Sanlam’s Theo Mabaso Sanlam has appointed Theo Mabaso as group chief AI officer, giving artificial intelligence a dedicated seat on the financial services group’s executive committee. The move makes Sanlam one…
Here’s how Chinese carmaker GWM plans to build cars in SA
124 GWM regional executives said losing the Nissan plant to Chery will not stop them. Chinese carmaker Great Wall Motors (GWM) has confirmed plans to build vehicles in South Africa. This follows…