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...

A new fraud threat for insurers – AI-generated images

Insurance fraud, unfortunately, is inevitable – a certain amount of fraud is priced into the product. But the ultimate goal for insurers is to find the right balance – focusing on fraud prevention for the biggest cases without alienating trusted customers....

AI will push cloud-managed revenue over $10-billion

Concerns about AI cybersecurity threats and a desire to focus on AI use cases will push the public cloud-managed LAN market into a phase of accelerated growth from 2026 to 2030 – to more than $10-billion – according to the Dell’Oro Group. “As vendors like...

Vulnerable economies face lasting consequences from Hormuz closure

The reopening of the Strait of Hormuz would bring relief to global trade and energy markets. But for many vulnerable economies, the shock will not end when ships start moving again. After more than 100 days of disruption, ship transits through one of the world’s main...

Planting trees in savannas can do more harm than good

A new University of Cape Town (UCT)-led study has found that planting trees in African savannas may undermine biodiversity without delivering the expected gain in carbon storage. The study, led by Dr Heidi-Jayne Hawkins of UCT’s Department of Biological Sciences and...