MTN Group in talks to buy out IHS Towers

MTN Group in talks to buy out IHS Towers

MTN Group said on Thursday that it’s in advanced discussions to acquire the shares in IHS Holdings that it does not already own, a move that would see the mobile operator take control of the tower infrastructure business. In a cautionary notice to investors, MTN – which has in the past raised concerns about corporate…

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Next-gen Xbox targeted for 2027, AMD CEO reveals

Next-gen Xbox targeted for 2027, AMD CEO reveals

Microsoft appears to be targeting a 2027 launch for its next-generation Xbox console, according to comments made by AMD CEO Lisa Su during a recent earnings call. While discussing the semiconductor giant’s hardware pipeline, Su noted that Valve is on track to ship its new AMD-powered Steam Machine early this year, while Microsoft’s development of…

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Lesaka disburses R1bn in loans to social grant recipients

Lesaka disburses R1bn in loans to social grant recipients

Lincoln Mali, CEO of Lesaka Southern Africa. JSE-listed fintech group Lesaka Technologies disbursed loans amounting to over R1 billion to its customers, the majority of whom are South African Social Security Agency (SASSA) grant beneficiaries. This is according to Lincoln Mali, CEO of Lesaka Southern Africa, speaking today in an interview with ITWeb after the…

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Vodacom service revenue climbs 13% as Egypt and DRC surge

Vodacom service revenue climbs 13% as Egypt and DRC surge

Vodacom Group reported a strong performance for the third quarter ended December 31, 2025, with service revenue rising nearly 13% to R34.6 billion. This growth was primarily fuelled by robust expansion in its international markets, specifically Egypt and the Democratic Republic of Congo (DRC), helping the group track favourably against its medium-term financial targets. Read:…

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Binance SA sees growth amid crypto boom

Binance SA sees growth amid crypto boom

Larry Cooke, legal counsel for Binance Africa. Crypto-currency exchange Binance has seen rapid customer growth in South Africa, since its local inception eight years ago, as more South Africans adopt crypto-currency. The online digital wallet service − through which crypto-currencies can be traded, bought and sold − says it has witnessed local customer numbers rising…

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Prosus inks three-year AWS deal to scale AI across its global portfolio

Prosus inks three-year AWS deal to scale AI across its global portfolio

Image for illustration purposes only Naspers subsidiary Prosus has signed a three-year global partnership agreement with Amazon Web Services to scale the use of artificial intelligence across its portfolio companies in Latin America, Europe and India. The agreement will see selected Prosus-backed businesses – including iFood, OLX, PayU, Despegar, eMag and Just Eat Takeaway.com –…

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Seasoned CIO returns to Absa Group

Seasoned CIO returns to Absa Group

Nomonde White-Ndlovu rejoins Absa as CIO for group compliance. Seasoned technology executive Nomonde White-Ndlovu has taken up a new role as chief information officer (CIO) for group compliance at Absa, effective February. This marks White-Ndlovu’s return to the banking group, after previously spending over nine years with the organisation. In her previous roles, she was…

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