GoTyme Bank in mall expansion drive after Pick n Pay exit

GoTyme Bank in mall expansion drive after Pick n Pay exit

Mall expansion replaces Pick n Pay kiosks as GoTyme scales hybrid banking. Digital bank GoTyme, formerly TymeBank, is ramping up its expansion into shopping centres, as it accelerates its hybrid ‘phygital’ model built around setting up mall-based customer hubs. The move forms part of a strategic shift in how the ‘neo bank’ engages customers, positioning…

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Amazon and Anthropic forge massive 5 billion alliance to dominate AI

Amazon and Anthropic forge massive $125 billion alliance to dominate AI

Amazon and Anthropic have dramatically expanded their strategic partnership, moving beyond simple venture funding into a massive, decade-long infrastructure and capital commitment. In an announcement today, Amazon revealed a new $5 billion direct investment in the AI safety and research firm, accompanied by an unprecedented $20 billion in milestone-based payments. This follows two previous $4…

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Sentech urges investment in SA’s digital infrastructure

Sentech urges investment in SA’s digital infrastructure

Sentech CEO Tebogo Leshope. Strengthening South Africa’s digital infrastructure is critical to unlocking socio-economic growth, says Sentech CEO Tebogo Leshope. As a result, the country needs to “respond decisively by accelerating investment and strengthening critical skills” across both the public and private sectors, he notes. Key among the digital infrastructure investments is the country’s data…

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Liquid dodges debt crunch – at a hefty price

Liquid dodges debt crunch – at a hefty price

Cassava Technologies and Liquid Intelligent Technologies CEO Hardy Pemhiwa Liquid Intelligent Technologies has completed a US$660-million (R10.8-billion) refinancing that neutralises the near-term default risk that was hanging over the pan-African fibre operator – but at a sharply higher cost of capital than it was paying before. The centrepiece of the deal is a US$300-million senior…

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Xiaomi plans premium expansion in South Africa

Xiaomi plans premium expansion in South Africa

Xiaomi has announced that its primary strategic focus for 2026 is a major expansion of its partnerships with South Africa’s leading mobile operators, including MTN, Vodacom, Telkom, and Cell C. By scaling its postpaid presence, the Chinese electronics giant aims to bring its high-end flagship devices to a broader audience via monthly contract offerings. Read:…

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TrendAI picks SA as Africa growth hub

TrendAI picks SA as Africa growth hub

Assad Arabi, regional MD for Africa at TrendAI. Newly rebranded TrendAI will use South Africa as a launchpad for wider African growth, doubling local investment this year while expanding in-country data centre capacity and repositioning its business around AI security. Speaking at the company’s launch event in Cape Town last week, Assad Arabi, regional MD…

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