437 A cyber-espionage campaign centred on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday blog post. In the post, citing “expanded analysis…
Category: Tech
VC funding in South Africa bucks international trend
558 Rapid growth in venture capitalist investments in Southern African – with early stage tech start-ups taking the lion’s share of the VC pot – is a sign of the region’s growth…
Competition court in unchartered territory with Maziv deal
368 The protracted, multibillion-rand investment by Vodacom in Vumatel owner Maziv led an “unprecedented” legal challenge to the competition appeal court (CAC) at a hearing into the matter on Tuesday. The Competition…
Visa opens its first South African data centre
493 Multinational payment authorisation services giant Visa launched its first data centre in South Africa on Wednesday. Alongside the infrastructure investment, the company has pledged to invest a further R1-billion into its…
Leadership shake-up at Rain – Conrad Leigh is new CEO
527 New Rain CEO Conrad Leigh Rain founder and CEO Brandon Leigh will step down from the role, while his brother Conrad Leigh will take the reins at the wireless internet network…
JSE benchmark index tops 100 000 for first time
358 South Africa’s benchmark stock index crossed the psychological level of 100 000 for the first time on optimism that a crucial budget vote will get support from key parties in the governing…
Vodacom’s mobile money empire now moves R8-trillion a year
473 Vodacom Group CEO Shameel Joosub Vodacom Group on Wednesday said it facilitated US$460-billion (R8.1-trillion) in transactions through its mobile money platforms in the past year, including in Kenya, underscoring just how…
South Africa among countries targeted in Microsoft SharePoint attacks
474 Microsoft has warned that Chinese state-sponsored hackers are among those exploiting flaws in its SharePoint software to break into institutions globally, with the US agency responsible for designing nuclear weapons now…
Big win for MultiChoice, Canal+ in deal talks
445 The Competition Tribunal has agreed to support the acquisition of MultiChoice Group by London-listed Groupe Canal+, removing a major hurdle to their deal being consummated. The tribunal approved the proposed transaction,…
Chinese EV brand Leapmotor gets South Africa launch date
344 Stellantis plans will launch the Leapmotor brand in South Africa in September, debuting the C10 in the local market. The C10 is an electric SUV with a petrol engine used purely…