MTN Zakhele Futhi’s only asset is MTN shares. As MTN’s empowerment fund starts to wind down, the picture for shareholders looks bleak given that its shares have fallen sharply and dividends have been sparse. MTN Zakhele Futhi (MTNZF) was launched in 2016 to replace MTN’s original Zakhele Scheme, which ran from 2010 and was unwound…
South Africa’s top banking executives and finance minister Enoch Godongwana have held discussions on the potential fallout if Washington were to impose sanctions on the country, according to a report by Sowetan on Monday. The talks, which took place at a recent Banking Association of South Africa board meeting, reportedly centred on concerns that US…
The Council for Scientific and Industrial Research has issued several networking, security and telephony tenders. It’s another busy week on National Treasury’s eTenders Portal as municipalities get stuck into making the most of their budget allocations. While networking is a repeated theme in this week’s roundup of top tenders, it is the Council for Scientific…
US President Donald Trump said he wants to make more investments in healthy US companies on Monday. Whether corporate America is on board is another story. The White House announced a near-10% stake in chip maker Intel on Friday that converts government grants into an equity share. Trump on Monday doubled down on the idea…
Matthew Stevens, CTO at Dolos. AI is enabling threat actors to launch increasingly sophisticated attacks. At the same time, it is bolstering blue team efforts to mitigate risk. By pairing AI with zero trust architecture (ZTA), organisations can build more modern, robust security frameworks. This is according to Matthew Stevens, CTO at Dolos, who was…
Maziv CEO Dietlof Mare South Africa’s competition authorities need to improve the speed at which they make decisions to limit the harm that drawn-out regulatory processes have on businesses, their associated industries and consumers. Speaking to the TechCentral Show in an exclusive podcast interview that will be published on Tuesday, Maziv CEO Dietlof Mare said…
Amazon’s highly anticipated limited series, Blade Runner 2099, is officially slated for a 2026 release on Prime Video. The show, which serves as a sequel to the 2017 film Blade Runner 2049, is now in post-production after a production delay due to the 2023 Hollywood strikes. The title suggests the series will take place five…
Thoma Bravo, a leading software investment firm, announced today that it has entered into a definitive agreement to purchase Verint Systems, Inc. (Nasdaq: VRNT) (“Verint”) in an all-cash transaction reflecting an enterprise value of $2 billion for the company. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close…
A group representing the world’s biggest stock exchanges has called on securities regulators to clamp down on so-called tokenised stocks, arguing that the blockchain-based tokens create new risks for investors and could harm market integrity, a letter seen by Reuters shows. Tokenised equities are blockchain-based tokens created to represent shares in companies. The tokens represent…
Retail in South Africa is changing. As customers become more digitally empowered, the traditional, staff-led in-store experience is being replaced with self-service, smartphone-driven journeys. Tobie van Schalkwyk, Business Unit Lead at Duxbury Networking. Image supplied Shoppers want speed, independence, and seamless access to the same product information and services they have online. But while most…
