A Microsoft data centre site in East Africa has been delayed by disagreements with the Kenyan government over the company’s request for guaranteed payments, Bloomberg News reported on Sunday, citing people familiar with the matter. In May 2024, Microsoft partnered with UAE-based AI firm G42 to invest US$1-billion in a data centre in Kenya as…
Rory Bosman, executive for sales and marketing at Ecentric Payment Systems. The South African informal economy is surrounded by estimates. The economy itself is estimated to be worth around R900 billion, with spaza shops sitting at the heart of this thriving retail sector. The estimated 150 000 spaza shops operating around the country are contributing…
Trade, industry & competition minister Parks Tau has substantially raised the monetary thresholds at which mergers must be notified to the Competition Commission, in a move that a senior competition lawyer has said will accelerate many transactions but risks leaving fast-moving tech and artificial intelligence deals beyond the regulator’s reach. In a notice published in…
GoTyme customers can now access upgraded banking features, including biometric login and free PayShap payments. (Image: Supplied) GoTyme Bank has migrated one million customers to its new banking app in less than three months, as the digital bank accelerates its national expansion strategy. In February, TymeBank announced it was rebranding to GoTyme Bank, introducing a…
Advocate Norman Gidi has left his post as Film and Publication Board CEO. It’s back to the drawing board for the Film and Publication Board (FPB) as it once again looks to fill the chief executive officer spot after the resignation of advocate Norman Gidi. Communications minister Solly Malatsi confirmed to ITWeb that Gidi resigned…
South Africa’s private sector expanded at its fastest pace in nearly four years in April, as sales and output rose amid supply concerns linked to the Iran war, a business survey showed on Wednesday. The S&P Global South Africa Purchasing Managers’ Index rose to 51.6 in April from 50.8 in March. The 50-mark separates growth…
Fanelesibonge Mbuyazi, software engineer at Sanlam Fintech, is one of the 13 winners of the 2026 Wired4Women Awards. Fanelesibonge Mbuyazi, software engineer at Sanlam Fintech, believes technology must serve people and align innovation with real human needs. Mbuyazi won the Wired4Women 2026 Rising Star in Coding and Software Development Award, which recognises young professionals demonstrating…
Hexion Data Storage, a next-generation distributed data storage platform, has announced the deployment of a 30 petabyte deep archive storage platform in South Africa, marking one of the largest privately operated archive storage environments in the region. Purpose-built for organisations facing explosive data growth, increasing cyberthreats and mounting compliance pressures, the platform delivers enterprise-scale…
The RT40S is built for demanding industrial environments. (Image: DCI Scanning) As South African warehouses, logistics providers and distribution centres face increasing pressure to improve efficiency, visibility and turnaround times, businesses are turning to rugged mobile technologies designed specifically for harsh operating conditions. Whether you’re managing inventory in freezing conditions or scanning high shelves in…
Lesaka Technologies chairman Ali Mazanderani Dual-listed fintech Lesaka Technologies has swung to a net profit in its third quarter and raised its full-year adjusted earnings per share guidance, as growth in its consumer and enterprise segments offset a softer top line in its core merchant business. The group, which holds a primary listing on Nasdaq…
