Chip maker Nvidia will invest up to US$100-billion in OpenAI, marking a tie-up between two of the highest-profile leaders in the global artificial intelligence race. Companies worldwide are pouring hundreds of billions of dollars into securing and expanding capacity for powerful cloud computing required to develop and power complex AI technology. The two companies signed…
FNB CEO Harry Kellan. First National Bank’s (FNB’s) digitally-active customer base grew to 7.78 million, from 7.35 million in 2024. This is based on the bank’s financial results for the year ended 30 June, with its customers increasingly adopting digital payment methods over the years. FNB’s digital channels include mobile banking (USSD), online banking and…
MultiChoice Group is entering uncharted territory. With Groupe Canal+’s takeover now final, the South African pay-TV giant has fallen under foreign control for the first time in its history. Calvo Mawela has been replaced as chief executive by Frenchman David Mignot, the Canal+ Africa boss, while Maxime Saada, Canal+’s CEO, now chairs the MultiChoice board….
Meta has unveiled a suite of new AI-powered eyewear at its annual Meta Connect event, signalling its continued investment in the wearables market and the future of augmented reality. The announcements included the next generation of Ray-Ban Meta glasses, a new performance-focused Oakley Meta Vanguard line, and the first Ray-Ban Meta glasses with a built-in…
Boomi Appoints Keyur Ajmera as Chief Information Officer Boomi™, the leader in AI-driven automation, today announced the appointment of Keyur Ajmera as Chief Information Officer, responsible for driving Boomi’s global IT strategy, enterprise systems, cybersecurity, and digital operations. Ajmera will focus on scaling technology to support Boomi’s rapid growth, strengthening the company’s IT foundation for…
Cell C is looking to cement its position as the leading network for mobile virtual network operators (MVNOs) in South Africa — even as rival MTN launches a challenge to its dominance. In an investor presentation published by its main shareholder, Blu Label Unlimited Group, on Tuesday, Cell C outlined its strategy as it undertakes…
Despite important progress in diversity, the payments industry continues to face a persistent gender gap. These statistics are not abstract, they directly affect how talent is developed, how innovation is nurtured and how the payments ecosystem evolves. Addressing this gap is both a moral responsibility and a strategic imperative. Across tech and payments, women continue…
City Power’s Mondeor Switching Station in Johannesburg. Power utility City Power has engaged Chinese tech giant Huawei to curtail electricity losses amounting to over R3 billion every year. The City of Johannesburg entity is set to roll out Huawei’s Intelligent Distribution System (IDS), a solution designed to help curb network abnormalities, reduce rampant energy theft,…
Former MultiChoice Group CEO Calvo Mawela The French are moving quickly to stamp their authority on MultiChoice Group, announcing on Monday that CEO Calvo Mawela is longer CEO of the South African broadcaster. This follows news on Monday morning that Groupe Canal+’s acquisition of the South African pay-television giant has become unconditional. Mawela will be…
Morgan Goddard, partner and software development lead at iqbusiness. (Image: iqbusiness) Since the advent of the internet, the way we’ve used technology has been defined by what we could see and touch. From the clunky text-heavy websites of the early 2000s to the sleek, app-driven design era of the 2010s, the interface itself was the…
