SA powers Africa’s .64bn tech funding rebound

SA powers Africa’s $1.64bn tech funding rebound

SA is one of the biggest beneficiaries of the start-up funding recovery, raising $335.9 million. (Image created via ChatGPT) South Africa emerged as one of the biggest beneficiaries of Africa’s tech start-up funding rebound in 2025, as total capital raised across the continent surged 46.2% year-on-year to $1.64 billion. This is according to the latest…

Read More
Liquid secures nearly R10-billion in new funding

Liquid secures nearly R10-billion in new funding

Liquid Intelligent Technologies has secured US$410-million (R6.5-billion) in new financing from a consortium of commercial development finance institutions, according to a Thursday statement. Liquid’s parent company Cassava Technologies has simultaneously committed to a $195-million (R3.1-billion) capital injection into Liquid, bringing the total new funding to R9.6-billion. The news follows the full repayment by Liquid of…

Read More
Discovery Bank turns R145m loss into R230m profit

Discovery Bank turns R145m loss into R230m profit

Discovery Bank was launched in 2019 as SA’s first fully digital, wellness‑linked bank, part of the Discovery Limited ecosystem. Discovery Bank is accelerating client acquisition in South Africa, as it deepens its footprint in an increasingly competitive retail banking market. This emerged when parent company insurer Discovery yesterday published its operational update and trading statement…

Read More
Provinces ordered to enforce ban on online casinos

Provinces ordered to enforce ban on online casinos

The National Gambling Board (NGB) has reiterated that online gambling remains unlawful in South Africa and has issued a formal notice to all provincial licensing authorities to this effect. It provides guidance on compliance obligations in respect of remote gambling infrastructure and applicable technical standards. The board said on Friday that interactive and remote gambling…

Read More
Samsung overhauls audio with Galaxy Buds 4 and 4 Pro launch

Samsung overhauls audio with Galaxy Buds 4 and 4 Pro launch

Samsung has officially refreshed its wearable lineup, unveiling the Galaxy Buds 4 and Galaxy Buds 4 Pro alongside the new Galaxy S26 series. Moving away from the experimental aesthetics of previous generations, the company has implemented a comprehensive redesign focused on ergonomic fit, professional-grade acoustics, and deeper AI integration. As is tradition, the most advanced…

Read More
Comedian bringing ‘Laughgorithms’ to ITWeb AI Summit 2026

Comedian bringing ‘Laughgorithms’ to ITWeb AI Summit 2026

Hannes Brümmer The ITWeb AI Summit 2026, taking place on 22 April, is bringing together enterprises, innovators and policymakers to explore the world of AI – from automation and data-driven decision-making to next-generation customer experiences. Running under the theme: “Shaping the intelligent enterprise of tomorrow”, the summit will close with a plenary session: “Laughgorithms: AI’s…

Read More
MTN Nigeria in dramatic full-year turnaround

MTN Nigeria in dramatic full-year turnaround

MTN Nigeria Communications CEO Karl Toriola MTN Nigeria has reported a dramatic reversal in fortunes, swinging from a loss of ₦400.4-billion (R4.7-billion) in 2024 to a profit after tax of ₦1.1-trillion (R12.9-billion) for the year ended 31 December 2025, as a more stable naira and surging data demand powered a recovery across the business. The…

Read More
Huawei debuts ultra-lightweight Watch Runner 2

Huawei debuts ultra-lightweight Watch Runner 2

At its Innovative Product Launch event in Madrid, Huawei unveiled a fresh lineup of wearables, headlined by the Watch GT Runner 2. Specifically engineered for endurance athletes, the new smartwatch features two-time Olympic marathon champion Eliud Kipchoge as its global ambassador, signalling Huawei’s intent to dominate the professional running segment. Read: The new Samsung Galaxy…

Read More
Regent Business School opens innovation lab at Soweto school

Regent Business School opens innovation lab at Soweto school

Bopasenatla Secondary School learners in the new future-focused technology makerspace. (Image: Supplied) Soweto-based Bopasenatla Secondary School has become the latest recipient of the iLeadLAB initiative. Spearheaded by Regent Business School, iLeadLAB is an educational programme that provides innovation hubs (makerspaces) aimed at equipping learners and students with 21st century skills. It focuses on digital literacy,…

Read More