52 Tesla’s US$1-trillion, 10-year pay package to retain CEO Elon Musk is likely to be approved by shareholders at the company’s annual meeting in November even though the amount is staggering. That…
Category: Tech
OpenAI’s staggering burn rate: $115-billion by 2029
43 OpenAI has sharply raised its projected cash burn through 2029 to US$115-billion (R2-trillion) as it ramps up spending to power the AI behind its popular ChatGPT chatbot, The Information reported on…
Surgeons make South African history with first robotic kidney donation
62 Robotic surgery technology has been used to remove a donor kidney at Tygerberg Hospital in Cape Town, marking an advancement in organ donation. According to the University of Stellenbosch, the surgery…
Influencer hustle meets tax muscle as Sars steps up enforcement
68 Sars commissioner Edward Kieswetter The South African Revenue Service is sticking to its guns over taxing social influencers and plans to conduct outreach programmes so that they know what is expected…
Banks should review PayShap fees – Standard Bank
74 Standard Bank’s Nthabiseng Mohale Banks should review their pricing strategies for PayShap transactions to drive higher rates of financial inclusion and increase adoption of the rapid payments platform in South Africa….
MTN to pivot to the connected home in big strategy shift
89 MTN Group CEO Ralph Mupita MTN Group has signalled a big change in strategy as it shifts focus to the connected home to drive revenue and profit growth between now and…
No talks between MTN and Telkom: Ralph Mupita
88 MTN Group CEO Ralph Mupita has denied a report that the pan-African telecommunications operator is in any form of discussion about a potential acquisition of Telkom Group. Speaking at a media…
South Africa should be spared summer blackouts
72 Eskom does not expect any load shedding this summer, according to energy minister Kgosientsho Ramokgopa. The so-called “unplanned capability loss factor” for summer has increased by 2GW to 15GW. Ahead of…
FMF warns of ‘Brussels effect’ as South Africa mirrors EU tech rules
85 The Free Market Foundation (FMF) has cautioned South Africa against blindly following EU regulations, saying the country needs its own strategic domestic policies on technology and digital innovation. It cautioned against…
eMedia adds eVOD to Android TVs
88 As South Africans increasingly adopt streaming media services over traditional linear broadcasts, eMedia is moving to capture a great slice of the market by developing an app for smart TVs that…