SA tech graduates arrive in jobs unprepared as skills gap widens

SA tech graduates arrive in jobs unprepared as skills gap widens

South African companies are paying to train newly hired tech graduates because universities are not supplying the digital skills employers need. As employers continue to shift hiring towards proven skills and certifications, pressure is mounting on education and training providers to respond faster. That’s according to industry experts, including Hloni Mokenela, MD of Africa Analysis…

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Shoprite’s Sixty60 surges 34.6% as digital commerce dominates

Shoprite’s Sixty60 surges 34.6% as digital commerce dominates

Shoprite Holdings’ on-demand delivery powerhouse, Sixty60, continues to redefine South African retail, posting a 34.6% sales increase for the six months ending December 28, 2025. This rapid expansion significantly outpaced the group’s overall growth, signalling a permanent shift in consumer behaviour toward app-based, on-demand grocery shopping. Read: The Switch overtakes the DS as Nintendo best-selling…

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MTN Group looks to increase stake in IHS

MTN Group looks to increase stake in IHS

MTN Group’s head office in Johannesburg. Mobile telephony group MTN is in advanced discussions to acquire the 75% shares in tower operator IHS it doesn’t already own. This follows recent speculation regarding its intentions with respect to its stake in IHS, says the JSE-listed firm. In a cautionary notice issued on SENS this morning, MTN…

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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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