113 Naspers and Prosus CEO Fabricio Bloisi Naspers and Prosus shares both shed around 7% on the JSE on Tuesday after the technology investment group warned it will sharply increase spending at…
Category: Tech
Fuel pain finally tipping the scales for EVs in South Africa
121 The war in the Middle East, and the resultant spike in the price of fuel, is driving a major shift in thinking about electric mobility by both consumers and logistics firms,…
Pressure builds on Vodacom’s South African mobile business
164 Vodacom Group CEO Shameel Joosub A reading of Vodacom Group’s 2026 financial results shows its home market is barely growing in customer terms, that what top-line growth there is leans heavily…
Pop star sues Samsung for $15-million
134 British singer Dua Lipa. Aude Guerrucci/Reuters British pop star Dua Lipa has filed a lawsuit against Samsung Electronics seeking at least US$15-million in damages, accusing the South Korean tech giant of…
Eskom battles widespread outages as storm batters the Cape
223 A powerful winter storm sweeping across large parts of South Africa has caused widespread power outages, with the Western Cape worst affected after the South African Weather Service issued warnings for…
Voice going the way of SMS, says Vodacom CEO
156 Vodacom Group CEO Shameel Joosub Mobile voice revenue is following the same structural decline as SMS, Vodacom Group CEO Shameel Joosub said in an interview on Monday – an unusually direct…
Vodacom’s fintech machine tops 100 million customers
144 Vodacom Group’s fintech business has surpassed 100 million customers for the first time, with the JSE-listed telecommunications operator reporting 103 million active financial services users in the year ended 31 March…
Where AI actually belongs in enterprise systems
128 Artificial intelligence is now firmly on the enterprise agenda. From boardrooms to product teams, organisations are exploring how AI in business can improve decision-making, automate complex processes and unlock new insights…
Naspers unit offloads stake in food giant for R6.5-billion
163 Prosus, the Naspers-controlled consumer internet group, has agreed to sell a 5% stake in German food delivery giant Delivery Hero to Aspex Management for approximately €335-million – around R6.5-billion at the…
Vodacom paid nearly twice book value for its Maziv stake
135 The detail in Vodacom Group’s full-year results announcement, released on Monday, reveals just how richly the South African mobile operator has valued its long-fought-for acquisition of a stake in Maziv –…