Finally, some good news on memory-chip prices

Finally, some good news on memory-chip prices

China’s Xiaomi said the worst period of pressure on its smartphone business had passed as the pace of memory price increases looked set to slow in the second half, while it sees its fast-growing electric vehicle business delivering a larger share of revenue. Xiaomi on Tuesday posted a 42.6% fall in second-quarter adjusted net profit…

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Telkom wins AGM vote despite share issue dissent

Telkom wins AGM vote despite share issue dissent

At Telkom’s AGM, shareholders representing about 84.4% of the company’s ordinary shares voted on most resolutions. Telkom shareholders have backed the re-election of the telecommunications group’s directors and the appointment of its board committee members. However, they showed resistance to proposals that would give the board broad powers to issue shares. At Telkom’s annual general…

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Nedbank tests next-gen self-service branches

Nedbank tests next-gen self-service branches

As digital banking accelerates, Nedbank is redesigning physical touchpoints rather than abandoning them altogether. Nedbank is testing a new hybrid banking model that combines self-service technology, digital on-boarding and human assistance in retail environments, as banks rethink the role of traditional branches. The big-five bank has introduced a pilot Client Connect Zone, with deployment into…

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South African inflation breaks its upward run

South African inflation breaks its upward run

South Africa’s headline consumer inflation slowed to 4.3% year on year in July from 5% in June, data from Statistics South Africa showed on Wednesday, breaking a four-month run of accelerating prices. Economists polled by Reuters had expected inflation would ease to 4.5%, helped by lower transport costs as fuel prices retreated after a temporary…

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Smarter operations take centre stage at Electra Mining Africa 2026

Smarter operations take centre stage at Electra Mining Africa 2026

Industrial businesses are operating under sustained pressure. Rising operating costs, energy constraints, ageing infrastructure, supply chain uncertainty and skills shortages are forcing organisations to rethink how they run. At the same time, advances in AI, the industrial internet of things (IIoT), robotics, automation and digital manufacturing are opening new ways to work. For most organisations,…

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Amendment of the Small Merger Guidelines: What dealmakers need to know

Amendment of the Small Merger Guidelines: What dealmakers need to know

Shawn van der Meulen, Clare-Alice Vertue and Mavin Jonkers at Webber Wentzel. (Image: AI-enhanced) On 14 August 2026, the Competition Commission (Commission) gazetted draft amendments to its Guidelines on Small Merger Notification (Small Merger Guidelines) and invited interested parties and stakeholders to submit written comments within 30 days of publication. The only proposed change to…

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SpaceX breaks cover at Icasa satellite spectrum hearings

SpaceX breaks cover at Icasa satellite spectrum hearings

SpaceX has asked Icasa to resolve the black ownership rules blocking Starlink’s licensing, raising the issue at hearings ostensibly about satellite spectrum fees. Ryan Goodnight, senior director for market access and development at SpaceX, appeared before the the communications regulator on Wednesday to comment on draft amendments to the Radio Frequency Spectrum Regulations, 2015 and…

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Mapping deep-shaft HR processes for automation in Nintex Process Manager

Mapping deep-shaft HR processes for automation in Nintex Process Manager

Mapping deep-shaft HR processes for automation in Nintex Process Manager. First Digital mapped, optimised and governed a deep-shaft mining company’s HR processes in Nintex Process Manager, turning fragmented manual workflows into a navigable, automation-ready set of processes. Deep-shaft mining runs on a large, shift-based and safety-critical workforce, and the HR processes behind it – onboarding,…

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