French-based media giant Canal+ announced earlier this month that Showmax would shut down. The Competition Commission (CompCom) is actively monitoring compliance conditions related to Canal+’s acquisition of MultiChoice, including the imminent shut down of streaming platform Showmax, legislators were told yesterday. This, after having already received concerns from some service providers, said deputy commissioner Hardin…
The Competition Commission will investigate whether merger conditions between Canal+ and MultiChoice are being adhered to. The Competition Commission will probe decisions taken by Canal+ following its takeover of MultiChoice Group, including the shutting down of streaming service Showmax and Canal+’s adherence to the merger conditions the commission set out prior to approving the deal….
Rhys Summerton, iOCO CEO. (Graphic by Nicola Mawson, with official collateral) JSE-listed iOCO this morning reported profit of R180 million, an increase of 45.6%, from revenue of R2.8 billion in the first half, as its three-step strategy starts to bear fruit. As part of this strategy, iOCO made its first acquisition in eight years, says…
JSE-listed technology services group iOCO has scrapped its work-from-home policy entirely, requiring all employees to return to the office full time — and it says the move has delivered a measurable improvement in productivity, fewer errors and happier customers. The decision, disclosed by CEO Rhys Summerton during the group’s interim results presentation on Wednesday, places…
Just months after the debut of DLSS 4.5, NVIDIA has announced its next major leap in upscaling technology: DLSS 5. Unveiled during the GTC 2026 keynote, this iteration pivots toward full neural rendering, with NVIDIA claiming the technology “infuses pixels with photoreal lighting and materials” to achieve a level of visual fidelity previously reserved for…
Scaling AI responsibly remains an ongoing challenge for banks. (Image created via ChatGPT) South Africa’s top banks are intensifying their digital arms race, with client acquisition and transaction volumes continuing to increase, driven by mobile-first platforms. This is according to PwC’s Major Banks Analysis, which provides an overview of how local banks are leveraging technology…
iOCO CEO Rhys Summerton JSE-listed technology group iOCO has set its sights on becoming a “serial acquirer”, with CEO Rhys Summerton telling investors on Wednesday that the company had evaluated more than 10 acquisition targets — ranging from R50-million to R700-million in equity value — and has a pipeline of further deals to pursue. Speaking…
Nvidia has signalled a massive escalation in its market expectations, projecting that the revenue opportunity for its AI hardware could reach at least $1 trillion through 2027. This ambitious forecast, delivered by CEO Jensen Huang at the annual GTC developer conference in San Jose, highlights a strategic shift toward “inference computing”, the process of running…
Communications and digital technologies deputy minister Mondli Gungubele. (Image source: GCIS) Postbank has been registered as a licensed financial services provider with the Financial Sector Conduct Authority. The licence, issued under the Financial Advisory and Intermediary Services Act, authorises Postbank to provide financial advice and intermediary services relating to financial products within a regulated framework….
South Africa’s exit from the Financial Action Task Force (FATF) grey list in October 2025 marked a pivotal moment for the country’s financial services sector. Originally added due to weaknesses in its anti-money laundering and counter-terrorist financing (AML/CFT) framework, South Africa’s removal recognised substantial progress in strengthening its regulatory regime and fulfilling the commitments outlined…
