Executive shakeout at Tarsus

After little more than a year at the helm, Emile Burger, CEO of Tarsus Distribution, has resigned. Emmanouil Revmatas, who joined the distributor as GM in October last year, has been appointed as interim CEO. Burger, who was previously CFO of Tarsus, succeeded channel...
Google unveils new African investments

Google unveils new African investments

Kathy Gibson reports from Google Cloud Summit in Johannesburg – As artificial intelligence (AI) permeates every level of the economy, we need to guard against letting the digital divide extend to becoming the AI divide. That’s the word from James Manyika, senior...
Ramaphosa urges Africa to take control of its AI destiny

Ramaphosa urges Africa to take control of its AI destiny

Kathy Gibson reports from Google Cloud Summit in Johannesburg –  For too long Africa has had to play digital catchup, dependent on the technologies of more industrialised nations. But the artificial intelligence (AI) era gives the continent an opportunity to...

Urgent reform needed to unlock SA’s startup potential

South Africa’s startup ecosystem is gaining ground, but it continues to fall behind global and regional peers on regulatory efficiency, capital formation, and access to international markets. This is according to a new report by SiMODiSA, in partnership with Allan...

Vodacom takes a majority stake in Safaricom

Strengthening its position in East Africa, Vodacom has acquired a further 20% stake in Safaricom for $2,1-billion (R35-billion) – increasing its shareholding in the group to 55%. The transaction sees Vodacom acquire a 15% stake from the Government of Kenya, and an...

Visa gears up for the new phase in commerce

Recognising the dramatic shifts shaping the future of commerce, Visa has outlined a series of AI, stablecoin, and token capabilities designed to help clients across the Central and Eastern Europe, Middle East, and Africa (CEMEA) region participate in this next...