Angela Wamola, head of GSMA Africa. While opportunity for smartphone manufacturing in Africa does exit, the continent’s fragmented markets pose a challenge to these aspirations. This is according to Angela Wamola, head of GSM Association (GSMA) Africa, who recently spoke to ITWeb on the sidelines of the GSMA Digital Africa Summit in Cape Town. The…
Revolut’s head office in London. Hiba Kola/Reuters Britain’s Revolut said on Monday it had completed a secondary share sale valuing it at US$75-billion, a 66% jump from last year and underlining the rapid growth of Europe’s most valuable fintech company. London-based Revolut said the sale was led by investors Coatue, Greenoaks, Dragoneer and Fidelity, while…
Rob Godlonton has been appointed as chief executive officer of IQbusiness. Management and technology consulting firm IQbusiness has concluded its restructuring exercise, which resulted in some employees losing their jobs. As it closes the restructuring chapter, the company also announced some management changes. This sees the appointment of Rob Godlonton as chief executive officer, succeeding…
While electricity consumption in the ICT sector is expected to continue growing between now and 2030, greenhouse gas emissions will decrease due to an uptake in renewable energy by ICT companies. According to the latest Ericsson Mobility Report, released on Thursday, AI data centres are the main driver of increased electricity consumption, with about 40%…
European Commission president Ursula von der Leyen at the G20 Leaders’ Summit in Johannesburg. The European Union (EU) has pledged €7 billion (R139 billion) to accelerate renewable energy rollout across the African continent. The announcement, which was made at the G20 Leaders’ Summit at the weekend, is in line with the continent’s clean-power transition. European…
Cell C CEO Jorges Mendes unveiling the company’s new brand identity at a recent event in Johannesburg Cell C has confirmed the final pricing and outcome of its long-awaited JSE listing, marking a major milestone in the operator’s recapitalisation and restructuring efforts. The offer, which closed on 21 November, was priced at R26.50/share, raising R2.7-billion…
The Department of Transport’s IT infrastructure – including server storage and network – requires replacement. Activity on National Treasury’s eTenders Portal has returned to normal levels, with the public sector beginning to issue tender advertisements that will come into play next year. The ICT industry fares well, with a wide range of requests to cover…
Uber in South Africa has launched its first fleet of electric vehicles. The roll-out has started in Johannesburg. There are currently 70 cars on the road, and 350 will be on the streets by the end of January. The Henrey Minicar 4-seater has been imported from China by Valternative Energy, which has partnered with Uber…
Naspers and Prosus CEO Fabricio Bloisi. (Supplied) JSE-listed Naspers and its international arm Prosus are on track to deliver more than $7.3 billion – R126.44 billion – in revenue over the entire year, according to an interim results presentation this morning. This would represent an increase of around 1.4% on the top line year-on-year based…
Huawei’s Lucas Lu At OTF Africa 2025, Lucas Lu, director of Huawei ICT assurance and managed services department, delivered a keynote speech titled “Accelerate service-centric intelligent operations transformation”. He emphasised that the transition to intelligent O&M is a gradual process, driven by solid operations and management (O&M) expertise and emerging technologies. Key drivers: solid expertise and…
