Elon Musk. Gonzalo Fuentes/Reuters With a SpaceX public listing expected this year, the company has plans for its revenue-generating Starlink business that could expand its reach into new markets, including a Starlink phone, direct-to-device internet and a space-tracking service, sources familiar with the matter said. The star of Elon Musk’s empire, SpaceX is quickly expanding…
Phil Boyall, Sales and Marketing Director at MoData. South Africa’s banking and payments sector is no longer transforming – it is running live, at speed under scrutiny. Regulatory modernisation, real‑time payment rails and rising financial crime complexity have removed tolerance for delay, uncertainty and operational fragility. What used to be absorbed by batch cycles, manual…
Bitcoin made a 16-month low and tested key US$60 000 support on Friday as a global selloff in technology stocks deepened and washed out risky bets across asset classes. The world’s largest cryptocurrency was last up 1.64% at $64 153.24 in volatile trade, swinging between gains and losses after having hit a low of $60 008.52 earlier in…
Africa’s CEOs are optimistic but slow to scale artificial intelligence. (Image created using GenAI via ChatGPT) African CEOs continue to trail their global counterparts in deploying artificial intelligence (AI) across business functions, as they remain stuck in experimental AI phases, finding it difficult to scale initiatives into enterprise-wide deployments. This is one of the key…
Makro has launched a refurbished technology offering, branded Makro Restored, as retailers respond to rising consumer demand for cheaper alternatives to new devices. The range includes refurbished and pre-owned smartphones, tablets, laptops, desktops, smartwatches, audio products and gaming consoles from major technology brands. Devices are sourced from third-party resellers approved by Makro and are sold…
Bitcoin lost 35.36% in value over the past 90 days. (Graphic: Nicola Mawson | Freepik) Bitcoin has recovered some of its recent losses, climbing 5.54% early this morning after a rout that saw it lose 35.36% over the past 90 days – a decline of $36 210 (R588 438) at this morning’s exchange rate of…
Lincoln Mali JSE- and Nasdaq-listed fintech Lesaka Technologies is involved in a corporate shake-up, including an internal rationalisation of its operating portfolio and an outward facelift of its brand identity. Lincoln Mali, MD for Southern Africa at Lesaka Technologies, said the incorporation of recently acquired Bank Zero into the Lesaka stable – which still requires…
South Africa’s employers keep saying the same thing: graduates can recall information, but they can’t solve problems. The World Economic Forum ranks analytical thinking as the single most important skill for the future workforce, comprising 9.1% of core skills reported by companies globally. Critical thinking, complex problem solving and cognitive flexibility follow close behind. These…
Dominic Rey joins Iress as MD of its wealth management business in SA. Financial services software company Iress has appointed Dominic Rey as MD of its wealth management business in South Africa, effective February 2026. This as local wealth firms face tighter regulation, margin pressure and rising client expectations, Iress said in a statement. According…
South Africa said on Friday that trade minister Parks Tau has signed a framework economic partnership agreement on a visit to China, which it described as a step towards securing duty-free access to the Chinese market for South African exports. Africa’s biggest economy is seeking to boost exports amid a tariff row with the US,…
