Nedbank CIO Ray Naicker resigns

Nedbank CIO Ray Naicker resigns

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…

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Working and living with AI

Working and living with AI

As AI rapidly reshapes productivity, creativity and decision-making across industries, many feel pressured to respond but lack clarity on how to do so meaningfully. The two-day AI Masterclass Summit has been designed to address this gap, translating artificial intelligence from hype and abstraction into strategic thinking, tools and workflows that can be applied immediately. Presented…

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Showmax struggles to perform, restructuring looming

Showmax struggles to perform, restructuring looming

Groupe Canal+ CEO Maxime Saada has candidly addressed the financial challenges facing Showmax, admitting that the MultiChoice-owned streaming platform has failed to achieve commercial success. During a recent investor call following Canal+’s acquisition of MultiChoice, Saada noted that the service has been a significant financial drain, losing substantial capital over the past several years. Read:…

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Woolworths’ online momentum builds

Woolworths’ online momentum builds

Woolworths South Africa’s online channels continued to grow robustly over the past six months, with digital sales making an increasing contribution to the retailer’s overall performance despite a constrained consumer environment. In a trading update for the 26 weeks ended 28 December 2025, Woolworths Holdings said revenue through Woolies Dash climbed by 23%, with online…

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Global task team cracks online investment scam run from SA

Global task team cracks online investment scam run from SA

The suspects were arrested on Tuesday in Johannesburg. (Image source: SAPS) A group of suspected international online scammers was apprehended yesterday by a multi-agency global law-enforcement task team led by the Directorate for Priority Crime Investigation (the Hawks) in Bryanston, Johannesburg. The arrests come amid warnings from local cyber security experts of a rise in…

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More South Africans use Bitcoin to ‘state-proof’ themselves

More South Africans use Bitcoin to ‘state-proof’ themselves

Some governments may in future enforce restrictions, tax implications, or bans on Bitcoin usage, warn experts. As global economic pressures persist and digital innovation reshapes financial infrastructure, Bitcoin has emerged in South Africa not only as an investment asset but increasingly as a practical financial tool. From individual savers hedging against currency uncertainty, to merchants…

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