This year, Huawei South Africa is celebrating 25 years of being part of the country’s technology journey. Over the past quarter of a century, Huawei South Africa has grown alongside the digital landscape, supporting how people connect, work, create and live through technology. From building the networks that keep our country connected to designing consumer…
New Energy Vehicle (NEV) newcomer iCAUR is preparing a massive entry into the South African market this May, launching with an immediate national footprint of 20 dealerships. A subsidiary of China’s Chery Group, iCAUR is positioning itself as a bold, lifestyle-oriented alternative to traditional electric vehicles. The brand aims to provide a comprehensive sales and…
NTT DATA, a global leader in AI, digital business and technology services, today announced a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to help enterprises modernize legacy systems, adopt agentic AI responsibly and scale innovation across industries. Combining NTT DATA’s expertise in cloud transformation, cloud-native modernization and Agentic AI with the scale…
Canal+ expects to generate more than €400-million (R7.5-billion) in annual earnings “synergies” from its acquisition of MultiChoice Group, underlining the strategic importance of Africa to the French media group’s long-term growth ambitions. In a statement released on Thursday, Canal+ said the combined group is targeting run-rate cost synergies of more than €400-million at earnings before…
Amazon announced a second major wave of layoffs on Wednesday, cutting 16,000 positions globally. This latest move brings the total number of corporate roles eliminated in the last three months to approximately 30,000. The restructuring is a response to pandemic-era over-hiring and a strategic shift toward the widespread adoption of artificial intelligence. Read: iCAUR charges…
Murray Campbell, MD, Cloud and Security at NTT Data MEA. NTT Data has announced a multi-year, strategic collaboration agreement with Amazon Web Services (AWS). The pact will bring NTT Data’s expertise in cloud transformation, cloud-native modernisation and agentic AI with the scale and capabilities of AWS’ services. Under the agreement, NTT Data and AWS will focus…
Groupe Canal+ CEO Maxime Saada on Thursday acknowledged that Showmax, the streaming platform owned by MultiChoice Group, has failed to achieve commercial success and has been a significant drag on the group’s financial performance. Speaking during an investor call following Canal+’s acquisition last year of control of MultiChoice, Saada said Showmax has “been losing a…
During Tesla’s 2025 fiscal year earnings call, CEO Elon Musk announced that the company will “basically stop production” of its flagship Model S and Model X vehicles next quarter. Characterizing the move as an “honourable discharge,” Musk explained that Tesla is pivoting away from traditional premium EVs to prioritize an autonomous and robotic future. While…
Ray Naicker has resigned as Nedbank group CIO. Nedbank Group chief information officer (CIO) Ray Naicker, who is also a member of the Nedbank Group executive committee, has resigned with effect from 31 January. Naicker was appointed as Nedbank Group CIO in February 2023 after being promoted from the position of chief digital officer. In…
Nedbank CIO Ray Naicker Nedbank Group has announced the resignation of its group chief information officer, Ray Naicker, with effect from Friday. Naicker, who is also a member of Nedbank’s group executive committee, has held a number of senior roles at the bank over the past two decades, including group chief digital officer, group programme…
