OpenAI has sharply raised its projected cash burn through 2029 to US$115-billion (R2-trillion) as it ramps up spending to power the AI behind its popular ChatGPT chatbot, The Information reported on Friday (paywall). The new forecast is $80-billion higher than the company previously expected, the news outlet said, without citing a source for the report….
South Sudan says Mexico provides assurances its national deported by the US in July would not face torture or other inhumane treatment. Published On 6 Sep 20256 Sep 2025 South Sudan says it has repatriated to Mexico a man deported from the United States as part of US President Donald Trump’s crackdown on immigration. The…
City Power has halted electricity meter conversions until November. The City of Johannesburg (COJ) has paused its programme to swap existing electricity meters with smart meters following customer complaints over “discrepancies in some accounts” and other issues. City Power announced the pause more than a week after the suspension began, saying it will remain in…
Wall Street shared Buffett’s disappointment. Kraft Heinz shares fell as much as 7.6% on Tuesday after the announcement early that morning, but made back some of that loss, finishing down just 2.4% for the holiday-shortened week. Zoom In IconArrows pointing outwards Will Buffett’s unhappiness prompt Berkshire to sell some or all of its stake? He didn’t rule…
Sars commissioner Edward Kieswetter The South African Revenue Service is sticking to its guns over taxing social influencers and plans to conduct outreach programmes so that they know what is expected from them. No matter how influencers are remunerated – whether with products, services or travel – all of these are deemed as income according…
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Woman’s hand signal for help leads to arrest 00:35 UP NEXT Humans are being hired to clean up AI’s mistakes 01:11 Indiana high school students protest gun violence 00:25 Dog saves owner after dynamite is thrown at their…
In this episode of ITWeb TV, we sit down with Chris Dodd, CEO of iStore South Africa, to unpack how the retailer is driving affordability through its iPhone trade-in programme, bridging the digital divide with training and education, and innovating retail with omnichannel shopping and same-day delivery. iStore is ramping up its efforts to make…
With the African Growth and Opportunity Act (AGOA) that has anchored U.S-Africa relations since 2000 set to expire on September 30, prospects for extension or renewal grow increasingly slim. Among foundational principles that have anchored AGOA, the key one is the duty-free entry of specific African products into the American market. “AGOA has helped bolster economic growth,…
The Trump administration has told Kilmar Ábrego García, a Salvadoran man at the centre of a long-running immigration row, he could be deported to the southern African kingdom of Eswatini. In an email to his lawyers seen by the BBC’s US partner CBS, an immigration officer said they were changing last month’s decision to send…
Tesla’s US$1-trillion, 10-year pay package to retain CEO Elon Musk is likely to be approved by shareholders at the company’s annual meeting in November even though the amount is staggering. That is because it was crafted with an eye on keeping Musk in place, addressing concerns about the company’s technical outlook and giving big company…
