117 Mustek’s head office in Midrand, Johannesburg The rapid expansion of artificial intelligence infrastructure projects around the world is driving shortages of memory and storage components that are expected to persist until…
Category: Business
South Africa’s draft AI policy headed to cabinet
160 Government policy on artificial intelligence in South Africa will be finalised in the 2026/2027 financial year, with the government soon expected to start carrying out an implementation plan following a recent…
Stripe mulling bid for PayPal: report
211 Payments firm Stripe is considering an acquisition of PayPal or parts of the digital payments pioneer, Bloomberg News reported on Wednesday (paywall), citing people familiar with the matter. Stripe, which is…
Inside Standard Bank’s R1-billion business banking overhaul
177 Standard Bank’s Bill Blackie Standard Bank has rolled out a substantially upgraded business banking platform that shifts greater control to customers, allowing businesses to manage their own electronic payment limits, user…
Cut EV taxes now, industry implores Godongwana ahead of budget
173 Finance minister Enoch Godongwana Finance minister Enoch Godongwana has been urged to reduce taxes on electric cars in Wednesday’s budget speech and to deliver the policy clarity the sector has waited…
Spar rethinks SAP roll-out
172 Spar Group has reaffirmed its revised SAP roll-out strategy, in which it is separating its finance systems migration from distribution centre operations in an effort to reduce disruption. Meanwhile, the company…
This SA start-up wants to stop foot-and-mouth with IoT collars
163 A Johannesburg company is applying technology to herd management as South Africa battles foot-and-mouth disease. As government and farmers battle to contain the ongoing scourge of foot-and-mouth disease, internet of things-based…
African firms are all in on cloud and AI
190 There is a striking disconnect between ambition and execution when it comes to artificial intelligence and cloud adoption among African businesses, according to a new PwC survey. The consultancy’s 2025 Africa…
WeBuyCars decides against entering the new vehicle market
168 Says it does not feel threatened by strong new vehicle sales, particularly of cheaper Chinese models JSE-listed used vehicle buyer and seller WeBuyCars has decided against selling new cars and has…
All eyes on Nvidia this week amid AI bubble fears
148 Nvidia CEO Jensen Huang. Steve Marcus/Reuters As Nvidia heads into quarterly earnings on Wednesday, AI investors are seeking evidence that the chip maker’s profits are growing apace on the back of…