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Category: Tech

Food delivery helps fire Prosus to 84% profit surge

Posted on June 29, 2026

146 Naspers’s European-listed subsidiary, Prosus, has reported an 84% leap in full-year adjusted core profit, with its consumer platforms profitable across all regions for the first time. Adjusted earnings before interest, tax,…

MTN Pi and the rise of the control-first consumer

Posted on June 29, 2026

167 Ernst Fonternel, chief consumer officer at MTN South Africa There is a distinct shift happening in how people relate to and deal with brands. It is not limited to one generation,…

Massive restructuring at former Showmax shareholder

Posted on June 29, 2026

129 Comcast will split into two publicly traded companies through a spinoff of NBCUniversal and Sky, separating its cash-generating broadband arm from a media and entertainment business under pressure from streaming rivals…

Morocco overtakes South Africa as Africa’s top industrial power

Posted on June 29, 2026

145 Morocco has edged South Africa off the top of an industrialisation index, but the country’s automotive body says South Africa remains the continent’s dominant vehicle producer and its shift to electric…

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

Posted on June 29, 2026

136 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

145 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

145 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

184 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

134 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

183 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…

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