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Category: Business

Here comes the next wave of Chinese AI models

Posted on February 12, 2026

142 One year after Chinese start-up DeepSeek rattled the global tech industry with the release of a low-cost AI model, its domestic rivals are better prepared, vying with it to launch new…

Jumia aims for profit as it fends off Chinese rivals

Posted on February 12, 2026

145 Africa-focused e-commerce retailer Jumia Technologies expects to break even in the last quarter of 2026 and deliver its first full-year profit next year as it accelerates growth after years of restructuring,…

Disaster recovery clock ticking: 4 provinces must spend nearly R1bn in under 8 weeks

Posted on February 11, 2026

166 The funds must be spent by the end of the 2025-26 financial year. Finance Minister Enoch Godongwana has increased the budget allocated to provinces and municipalities to fund the recovery and…

Capitec shoots lights out: up to R17.2 billion in headline earnings, becoming SA’s most valuable bank

Posted on February 11, 2026

240 Capitec overtakes FirstRand to become SA’s most valuable bank. The 2026 financial year appears to have been one of growth for Capitec, with the bank expecting its headline earnings per share…

Broadband Infraco in limbo

Posted on February 11, 2026

156 Broadband Infraco, which painted a dismal picture of its financial well-being in parliament on Tuesday, has revealed it is on a mission to win back one of its most lucrative contracts…

Absa appoints M-Pesa boss to lead personal and private banking

Posted on February 11, 2026

168 Absa Group has announced a series of executive leadership changes, headlined by the appointment of former M-Pesa Africa MD Sitoyo Lopokoiyit as CEO of its personal and private banking division. Lopokoiyit,…

Will DStv subscribers face reduced live sport coverage as Canal+ cuts costs?

Posted on February 11, 2026

139 SuperSport may not renew its broadcast deal for the Super Rugby competition. French media giant Canal+ is weighing options to reduce costs at its newly acquired subsidiary, MultiChoice Group.   One…

SA app wants to end guesswork in online grocery shopping

Posted on February 11, 2026

123 We Need Milk CEO Arjan van den Berg South Africans are shopping for groceries online more than ever, yet many households still struggle to see the full cost and nutritional value…

Why Acer is the strategic choice for South Africa’s educational future

Posted on February 11, 2026

149 As we enter the 2026 academic year, the conversation around educational technology has fundamentally shifted. For schools, universities and government departments across the globe, the challenge is no longer just about…

Banks can expect a noisy reception over R60bn home foreclosure class action

Posted on February 11, 2026

147 Dispossessed homeowners are set to pack the Joburg High Court this month, as banks defend the sale of their properties. The long-awaited R60 billion class action lawsuit against banks for repossessing…

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