The trade, industry & competition department has announced a number of measures to help South Africa’s ailing film and television industry, including raising funds and implementing an automated system to reduce processing time and improve effectiveness for financing. Minister Parks Tau and deputy minister Zuko Godlimpi briefed parliament on Tuesday on the department’s plans. This…
Telkom Group has reached a major operational landmark, surpassing 25 million mobile subscribers for the first time. The achievement, detailed in the group’s Q3 trading update for the period ending 31 December 2025, highlights the success of Telkom’s aggressive transition from a fixed-line monopoly to a mobile-first, data-led competitor. Read: Samsung confirms the Galaxy S26…
Vukosi Sambo, CEO at STM Healthcare. Large language models (LLMs), not automation, represent the true inflection point in artificial intelligence (AI). This is according to Vukosi Sambo, CEO at STM Healthcare, who says language-centric AI has fundamentally changed how intelligence is accessed and applied. He was one of the keynote speakers at the ITWeb Data…
Two of South Africa’s biggest trade unions have rejected an improved 6% salary increase offer from state-owned power utility Eskom, their representatives said on Tuesday. Eskom has dragged on the economy for years, owing to power cuts and the company’s financial troubles, but improved performance from its coal-fired power stations has halted outages and brought…
SpaceX’s satellite internet service, Starlink, has significantly intensified its lobbying efforts to enter the South African market. The company recently published a dedicated advocacy page on its website, titled Starlink’s Efforts in South Africa, which directly addresses consumers and counters persistent criticisms regarding its licensing bid. This move follows an aggressive January campaign where Starlink…
MTN has approximately 24.7% shareholding in IHS. The board of IHS Towers has accepted an offer of $8.50 a share in a transaction that would see MTN Group increasing its shareholding to 100%, the mobile operator announced today. The potential transaction is subject to various approvals and the delisting of IHS from the New York…
MTN Group CEO Ralph Mupita MTN Group has agreed to acquire the shares in IHS Towers that it does not already own, in a deal that would see Africa’s largest mobile operator take full control of nearly 29 000 towers across the continent – effectively reversing years of selling off its passive infrastructure. The IHS board…
BluEnergy Trading, a subsidiary of JSE-listed Blue Label Telecoms, has been granted a multi-year energy trading licence by the National Energy Regulator of South Africa (Nersa). This landmark authorization allows the group, historically recognized for its prepaid airtime distribution and its majority stake in mobile operator Cell C, to officially buy and sell electricity. The…
Rasan Scales new Heights: Record-Breaking FY 2025 Financial Performance (Photo: AETOSWire) Rasan Information Technology Company (Tadawul: 8313), the leading Insurtech and Fintech platform in Saudi Arabia, today announced record financial results for the full year ended 31 December 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260217695698/en/ Financial Highlights: Revenue: SAR 653…
Icasa CEO Tshiamo Maluleka-Disemelo Communications regulator Icasa expects to appoint a service provider, or providers, next month to run South Africa’s next major radio frequency spectrum auction. However, the regulator has still not committed to a date for the auction. It was delayed in 2024 after bidders asked for more time to prepare. Icasa has…
