Surging investment, waves of change for African energy

I’ve said for years that African energy is a vital investment, writes NJ Ayuk, executive chairman of the African Energy Chamber. Backers clearly agree — to the tune of U$47-billion. That’s how much capital expenditure (capex) 2024 saw in African oil and gas, showing a...
Software-defined, AI powered vehicles coming soon

Software-defined, AI powered vehicles coming soon

The automotive industry is grappling with an erratic transition away from current products and business models. An IBM Institute for Business Value study, “Automotive 2035”,  highlights that over the next decade, 80% of new cars will have a powertrain that will be...

PSC to investigate SITA’s inability to deliver

Communications and Digital Technologies Minister Solly Malatsi has asked the Public Service Commission (PSC) to investigate a range of critical issues affecting the State Information Technology Agency (SITA). This follows Malatsi’s oversight visit to the SITA offices...

Consumers cry foul on dynamic pricing

Sixty-eight percent of consumers report they feel taken advantage of when brands use dynamic pricing, according to a survey by Gartner. A Gartner Consumer Community survey of 303 US consumers conducted in October 2024 found that 80% agreed that brands that have...

Brazilian fintech invests in Tyme Group

Brazilian digital banking group Nubank, a publicly-traded company on the New York Stock Exchange (NYSE), has invested in South African-born fintech Tyme Group. Tyme, a global digital banking group headquartered in Singapore and backed by South Africa’s Africa Rainbow...

Icasa approves sale of Telkom’s Swiftnet towers

Telkom SA has obtained approval from the Independent Communications Authority of South Africa (Icasa) for the disposal of its masts and towers business housed in Swiftnet. This is the final major regulatory requirement for the R6,75-billion transaction to a consortium...