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Category: Business

Prosus CEO Bloisi’s $100-million moonshot is slipping away

Posted on June 29, 2026

180 Fabricio Bloisi Two years into the four-year window that decides whether Fabricio Bloisi collects a US$100-million “moonshot” share award, the prize looks further off than when it was set. The combined…

Why telecoms resellers are being priced out

Posted on June 29, 2026

184 Chloe Castle, channel partner lead at Backspace Technologies Connectivity has become the lifeblood of businesses and households, yet there is a tension between South Africa’s need for job creation and economic…

Mastercard opens African cybersecurity hub

Posted on June 29, 2026

191 Mastercard CEO Michael Miebach Mastercard has launched an Africa Cybersecurity Centre of Excellence, a pan-African initiative it said will help financial institutions, government bodies and businesses share threat intelligence and shore…

Profits arrive at Takealot, but Naspers stays cautious

Posted on June 29, 2026

218 Takealot has reported its first full-year adjusted operating profit, capping a turnaround for South Africa’s largest online retailer in the first full financial year it has faced Amazon. Yet its owner,…

US government puts GPT-5.6 behind closed doors

Posted on June 29, 2026

172 Image: Jernej Furman OpenAI said on Friday it was delaying a full public launch of GPT‑5.6 at the US government’s request, limiting the AI model’s initial access to a small group…

Top SA computer scientist on IBM’s chip breakthrough

Posted on June 26, 2026

225 IBM this week claimed the first sub-nanometre chip, a generation it calls the 0.7nm, or 7-angstrom, node. It says the design packs nearly 100 billion transistors onto a fingernail-sized surface, about…

Telcos agree plan to tighten Sim registration under Rica

Posted on June 26, 2026

275 South Africa’s mobile operators have agreed on a framework to strengthen Sim-card registration and submitted proposals to government for legislative reform of Rica, in a coordinated push to curb the fraudulent…

Gigabit fibre arrives in Joburg township for R5/day

Posted on June 26, 2026

176 Fibertime founder Alan Knott-Craig Fibertime, the pay-as-you-go township fibre network founded by serial telecoms entrepreneur Alan Knott-Craig, has reaveled that it has recorded download speeds of 1Gbit/s on its network in…

Standard Bank deal cuts the dollar out of China trade

Posted on June 26, 2026

199 Standard Bank has become the first African-based lender authorised to clear renminbi transactions on the continent, a step that deepens the financial plumbing connecting Africa to China and moves more of…

Starlink lines up a frontal assault on mobile operators

Posted on June 26, 2026

186 The entrance to the SpaceX rocket launch area in Brownsville, Texas. Veronica Gabriela Cardenas/Reuters SpaceX has told investors it plans to launch a Starlink mobile service for US consumers, the Financial…

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