129 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,…
Category: Tech
Chinese EV brand Leapmotor gets South Africa launch date
116 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…
Sim-swap fraud costing South Africa R5.3-billion a year
125 Fraud in the telecommunications sector is costing the South African economy an estimated R5.3-billion/year – and Sim swap-related attacks are a significant contributor, accounting for 60% of all mobile banking breaches….
UN: AI data centres could soon use as much power as Japan
160 Major tech firms should commit to fully powering data centre with renewable energy by 2030, said United Nations secretary-general António Guterres. Big Tech also must be responsible in its use of…
Prosus moves to unlock Just Eat takeover with Delivery Hero selldown
116 Naspers and Prosus CEO Fabricio Bloisi Prosus has offered to sell down its holding in Delivery Hero to help pave the way for regulatory approvals for its acquisition of Just Eat…
SharePoint zero-day impact ripples around the world
144 A sweeping cyber espionage operation targeting Microsoft server software compromised about 100 organisations as of the weekend, two of the organisations that helped uncover the campaign said on Monday. Microsoft on…
EFTs may go in Reserve Bank payments overhaul
128 Reserve Bank govenor Lesetja Kganyago The South African Reserve Bank has released a position paper outlining how it intends carrying out its national payments ecosystem modernisation programme. According to Reserve Bank…
Africa’s phone king eyes $1-billion Hong Kong listing
136 Shenzhen Transsion Holdings, the biggest seller of mobile phones in Africa, is weighing a second listing in Hong Kong, according to people with knowledge of the matter. Transsion is in talks…
WeBuyCars lets AI take the wheel
157 JSE-listed vehicle trading platform WeBuyCars has built two AI tools it said it believes will form a “cornerstone of its future growth”. Dubbed “Blue” and “Orange”, the artificial intelligence tools will…
SABC wants VAT exemption on TV licences
167 Cash-strapped public broadcaster the SABC has proposed applying to national treasury for a VAT exemption on TV licence fees in an effort to boost its finances. According to a report by…