56 Elon Musk. Jonathan Ernst/Reuters SpaceX is exploring deals with other companies helmed by serial entrepreneur Elon Musk, leaving investors working through permutations between space, autonomous driving and artificial intelligence to analyse…
Category: Tech
Chip shortage will get worse, Samsung warns
69 Samsung chip factory complex in South Korea Samsung Electronics forecast a worsening chip shortage this year driven by the AI boom, with strong memory demand benefitting its mainstay chip business but…
Cloud adoption the weak link in SA’s digital government push: Microsoft
65 Microsoft South Africa CEO Vukani Mngxati Microsoft South Africa CEO Vukani Mngxati believes government is missing out on the opportunities presented by the AI revolution because cloud adoption in the public…
Woolworths’ online momentum builds
61 Woolworths South Africa’s online channels continued to grow robustly over the past six months, with digital sales making an increasing contribution to the retailer’s overall performance despite a constrained consumer environment….
Canal+ eyes billions of rand in cost savings from MultiChoice deal
58 Canal+ expects to generate more than €400-million (R7.5-billion) in annual earnings “synergies” from its acquisition of MultiChoice Group, underlining the strategic importance of Africa to the French media group’s long-term growth…
South Africa’s new economic divide
66 Smartphones are no longer luxury gadgets or discretionary choices. They are a prerequisite for participation in the digital economy. Yet for millions of South Africans, suitable devices are financially out of…
Nedbank CIO Ray Naicker resigns
70 Nedbank CIO Ray Naicker Nedbank Group has announced the resignation of its group chief information officer, Ray Naicker, with effect from Friday. Naicker, who is also a member of Nedbank’s group…
BMW South Africa warns EV policy paralysis is stalling investment
62 BMW Group South Africa CEO Peter van Binsbergen Car manufacturers in South Africa are finding it difficult to plan their production lines for future demand because government policy on new energy…
Canal+ concedes Showmax ‘not a commercial success’
70 Groupe Canal+ CEO Maxime Saada on Thursday acknowledged that Showmax, the streaming platform owned by MultiChoice Group, has failed to achieve commercial success and has been a significant drag on the…
South Africa’s skills advantage is being overlooked at home
64 The author, Richard Firth South Africa is known all over the world for its natural beauty, its mineral resources and (sometimes) its sporting prowess. Now we are also becoming known as…