Altron expects headline earnings per share from continuing operations of between 107c and 112c for the six months to 31 August 2026, up 11% to 17% on the 96c reported a year earlier. The JSE-listed technology group said in a trading statement on Wednesday that group headline earnings per share, which include discontinued operations, will…
Africa Bitcoin Corporation (ABC) founder Warren Wheatley. Africa Bitcoin Corporation (ABC) co-founder Warren Wheatley has resigned as CEO, weeks after being slapped with a R5 million fine and 20-year debarment over share trades he says involved just 50 shares worth R301. Wheatley was placed on precautionary suspension late last month, with well-known tech personality Stafford…
Prosus has appointed WeTransfer co-founder Ronald Hans (widely known simply as Nalden) as chief product officer, the most prominent external hire yet in the Naspers-controlled group’s push to rebuild itself around artificial intelligence. He joins two internal promotions announced on Tuesday. Euro Beinat, who has run AI at Prosus since 2018, becomes chief AI officer….
ZARU is being developed through a partnership involving Luno, Sanlam, EasyEquities, Lesaka and BlockTower. (Image generated using ChatGPT) South Africa’s rand is gaining a new route into global digital asset markets, with ZAR Universal (ZARU), a rand-denominated stablecoin, going live on Circle’s Arc blockchain and launching as a founding currency pair on Circle StableFX. ZARU…
Warren Wheatley Warren Wheatley has resigned as CEO and as an employee of Africa Bitcoin Corporation with effect from 21 September, severing his last remaining ties to the JSE-listed company he founded. The company said in an investor statement on Tuesday morning that the board had accepted the resignation. Wheatley had been on precautionary leave…
Euro Beinat, chief AI officer at Prosus. (Image supplied) Naspers unit Prosus has revamped its senior technology leadership, appointing a chief artificial intelligence (AI) officer, chief technology officer (CTO) and chief product officer, as the technology investor steps up its focus on AI and product development. In a statement today, the company says Euro Beinat…
Outgoing Nedbank COO Mfundo Nkuhlu South Africa will not shake its dependence on cash until it fixes identity, outgoing Nedbank chief operating officer Mfundo Nkuhlu said on Tuesday, arguing that a working national digital ID is the precondition for pulling the country’s unbanked into the formal payments system. “The key requirement will be the advent…
Cell C CEO Jorge Mendes. (Image supplied) Cell C CEO Jorge Mendes has bought nearly R20.8 million worth of shares in the company in two on-market transactions. A JSE disclosure shows Mendes acquired 52 187 ordinary shares at R23 each on 17 September, for a total of R1.2 million. Four days later, on 21 September,…
Cell C CEO Jorge Mendes Cell C CEO Jorge Mendes has bought R20.8-million of shares in the company he runs, in two on-market purchases four days apart. According to a Sens announcement on Tuesday, Mendes bought 52 187 ordinary shares at R23 each on 17 September, a R1.2-million transaction, and a further 740 000 shares at R26.50…
iStore expects the iPhone Duo to attract premium buyers. The iPhone Duo, Apple’s first foldable iPhone, is expected to appeal to consumers at the upper end of the smartphone market when it launches locally in a few weeks. The device is expected to cost more than R50 000 in SA, although iStore has yet to…
