A bounceback by tech stocks around the world helped drive equity markets higher on Wednesday, 24 February, and set the scene for Nvidia’s earnings report, while investors set aside their concerns around US tariffs – at least for now. File photo: People sit near an electronic board showing stock market index at the Indonesia Stock…
Finance minister Enoch Godongwana. To enhance cross-government bulk purchasing systems designed to save costs, the state has allocated R285.3 million over the medium-term. This process will start with the modernisation of the government payroll system, according to insights from National Treasury’s 2026 Budget Review document. The high-level document is released in tandem with the 2026…
Blu Label Unlimited Group co-CEO Mark Levy Blu Label Unlimited Group is building what it describes as an “integrated energy ecosystem” that spans smart meter roll-outs, municipal revenue recovery and small-scale power generation — a strategy it believes no other South African company can replicate. Speaking to journalists after the release of its interim results…
Vehicle tracking and telematics leader partners to explore performance analytics for professional golf. Netstar, a subsidiary of Altron and leading provider of vehicle tracking and telematics solutions, today announced a strategic partnership with the Sunshine Tour to develop enhanced golf performance analytics and tracking capabilities together. The strategic partnership aims to support South African golfers…
Communications and digital technologies minister Solly Malatsi. The Department of Communications and Digital Technologies (DCDT) will see its staff complement strengthened, as it seeks to fill vacant posts. The move, says the DCDT, is in line with a targeted succession planning, retention and development programmes. Finance minister Enoch Godongwana tabled the budget at Cape Town…
Teraco’s JB4 data centre in Gauteng Finance minister Enoch Godongwana has for the first time placed data centre infrastructure on the same footing as electricity, ports and transport networks, signalling a significant policy shift as South Africa attracts tens of billions of rand in investment from global hyperscalers racing to build cloud computing capacity. In…
MTN’s December advertising surge contrasted with Vodacom’s sustained spend, reflecting different strategies. South Africa’s mobile network operators pumped more than R700 million into advertising in the second half of 2025, underscoring shifting network narratives and strategic repositioning across the local telecoms industry. This is according to the Telecoms Adspend and Trends Report, compiled by research…
Blu Label Unlimited Group co-CEO Brett Levy Blu Label Unlimited Group has declared its first interim dividend in eight years, signalling it is finally putting the long and costly Cell C chapter behind it. The group, formerly known as Blue Label Telecoms, declared an interim dividend of 43.56c/share for the six months to end-November 2025,…
Marcelo Vieira, Partner, KPMG South Africa and Darren Lentz, Digital Trust Lead, KPMG. Digital trust is the invisible contract that lets people, businesses and governments rely on digital systems for critical interactions. Without it, digital public infrastructure (DPI) – the shared digital rails for payments, identity and data exchange – cannot scale or deliver the…
Payments firm Stripe is considering an acquisition of PayPal or parts of the digital payments pioneer, Bloomberg News reported on Wednesday (paywall), citing people familiar with the matter. Stripe, which is privately held and is among the industry’s most valuable companies, has expressed a preliminary interest in a potential acquisition of PayPal or its assets,…
