386 South African Airways (SAA) is facing renewed uncertainty after Group CEO Professor John Lamola and three non-executive directors announced their resignations on Friday afternoon. Now, analysts are warning that the airline’s…
Category: Business
Standard Bank experiences data breach that exposes client account details
290 PICTURE: X/ STANDARD BANK Some clients have expressed concern after learning that Standard Bank South Africa has experienced a data breach that exposes clients’ details, making them easy targets of scams….
Anthropic mulls building its own AI chips
285 Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop…
Meet Pixie, Checkers Sixty60’s new handy addition to the way you order
234 Pixie’s experimental service started rolling out to the Sixty60 app on 9 April. Shoprite Holdings, the largest retailer in Africa, on Thursday introduced a smart AI shopping assistant for Checkers Sixty60…
South Africa’s biggest banks are lining up behind Optasia
274 Optasia CEO Salvador Anglada Optasia has secured US$330-million (R5.4-billion) in refinanced and upsized debt facilities, with Standard Bank acting as joint mandated lead arranger and underwriter in a deal that deepens…
Big Tech is going nuclear
252 Big Tech is reshaping the funding landscape for new nuclear technologies as it seeks to bolster electricity supply for power-hungry AI data centres, inking deals that offer nuclear companies both funding…
Microsoft is sacrificing Edge on the altar of Copilot
262 In the late 1990s, Microsoft learnt a lesson it seems to have spent the last two decades trying to forget: you cannot force a user to love a product through sheer…
Sars obtains court order to freeze millions in former employees’ assets
166 Crackdown on corruption within its ranks continues. Johnstone Makhubu, the incoming (and acting) commissioner of the South African Revenue Service (Sars), has issued a stern warning that corruption within the institution…
CV with No Experience in South Africa
175 In South Africa, your first CV can feel like a puzzle you’re trying to solve without all the pieces. You’ve got no job history, no references from employers, and maybe just…
5G expected to reshape South Africa’s wireless broadband market
265 South Africa’s broadband access market is expected to reach R82.8-billion in revenue by 2029, with 3.7 million new active subscriptions, according to the latest SA Broadband Report from ICT analyst firm…