Saudi’s Humain ploughs $3bn into xAI

Saudi Arabia’s Humain has announced a $3-billion strategic investment in xAI as part of the company’s Series E financing round. The investment was made ahead of xAI’s acquisition by SpaceX in early February. With this transaction, Humain became a significant minority...

Blackwell Ultra delivers better performance, cost savings

The Nvidia Blackwell platform has been widely adopted by leading inference providers such as Baseten, DeepInfra, Fireworks AI and Together AI to reduce cost per token by up to 10x. Now, the Nvidia Blackwell Ultra platform is taking this momentum further for agentic...

Araxi to acquire Pay@ in R1bn deal

Araxi has agreed to acquire the controlling stake in Pay@ Group for R1-billion. Pay@ is ab end-to-end provider of integrated B2B payments solutions with B2C capabilities, with over 9 000 retailer locations, 150 000 mobile point-of-sale (POS) payment points, millions...

MTN to buy out tower operator

In a $2,2-billion transaction, the MTN group has agreed to acquire the 75,3% of tower operator IHS shares that it doesn’t already own, with particular focus on the company’s African operations. The all-cash transaction will be funded from IHS cash balances and MTN...
These are the roles that top the pay rankings in SA

These are the roles that top the pay rankings in SA

If you wanted to know which jobs offer the best pay in South Africa, wonder no longer. Pnet’s 2026 Salary Guide reveals that the three roles that attract the highest compensation are, in order: chief executive officer (CEO), chief financial officer (CFO) and executive...

AI, resilience, growth key for financial services CEOa

Financial services leaders across Africa are entering 2026 with renewed confidence, placing artificial intelligence (AI), cybersecurity, regulatory resilience and strategic growth at the centre of their transformation agendas. This is the headline finding from KPMG’s...