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Chips, AI hit as midterms panic selling drags down AI’s strongest names

The chip selloff triggered by the Democrats’ midterm sweep is likely to deepen in the coming days as investors price in higher energy and financing costs for the AI buildout, though indiscriminate selling now risks punishing the sector’s strongest companies alongside...

Set-top box botnet hit more than 41 000 SA homes

A coalition of private and public sector partners has disrupted X.CPE, a global botnet hidden in more than 1,3-million TV set-top boxes across more than 200 countries - including South Africa. TrendAI research identified 41 651 affected devices in South African homes...

What we will lose with AGOA

South Africa will be excluded from the US’s African Growth and Opportunity Act (AGOA) from January 2027. Sanisha Packirisamy, group economist at Momentum Group, unpacks what AGOA meant for the country, and what we stand to lose. South Africa was among the original...

Despite 6,3bn people online, digital divides persist

An estimated 6,3-billion people, or 76% of the world's population, are using the Internet in 2026, according to Facts and Figures 2026 by the International Telecommunication Union (ITU). The figure is up from a revised estimate of 6,1-billion people, or 74%, in 2025....

Openserve debuts Fibre to the Room

Telkom has launched Fibre to the Room, a new value-added service that enables qualifying Openserve Fibre customers to extend fibre connectivity into different rooms in their homes. While traditional Fibre-to-the-Home services bring fibre into a residence, Fibre to the...

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October marks record month for vehicle sales in SA

South Africa recorded its highest monthly new-vehicle sales total of the year in October, with 61 890 vehicles sold locally - sales edged up by 234 vehicles, or 0,4%, from September’s revised total of 61 656, and were 10,4% higher than October 2025. The National...

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Check before you bet

Local punters placing bets online may be gambling on illegal offshore websites without even realising it, says the South African Bookmakers’ Association (SABA). And the organisation is using Responsible Gambling Month this November to highlight a simple precaution...

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WIF looks to unlock capital for development

A proposed global initiative at the ninth World Investment Forum to share investment risks, new tools to attract financing for artificial intelligence (AI) infrastructure, and principles to modernise investment treaties is targeted to help developing countries secure...

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Mixed messages in META tech distribution

Technology distribution across the Middle East, Türkiye and Africa is showing an increasingly uneven performance, with the UAE and Türkiye leading infrastructure growth while Saudi Arabia remains below last year’s levels, according to the latest research from Context....

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FNB crowned Africa’s best consumer digital bank

Global Finance has named FNB Africa’s Best Consumer Digital Bank for 2026, highlighting its ability to deliver simple, secure and useful banking solutions to its customers. Giuseppe Virgillito, FNB’s Digital Interfaces head, says the recognition reflects the bank’s...

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Make your AI policy fit for purpose

Kathy Gibson reports  – Somethings artificial intelligence (AI) makes mistakes – and the consequences could be dire. But when this happens, organisations can’t simply pass off the mistake as a technical error and move on. Because when the AI messes up, the...

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