Capitec continued to grow its customer base, as active clients increased to 26.6 million. (Image supplied) Capitec’s fintech operations, comprising value-added services (VAS) and its mobile virtual network operator (MVNO) Capitec Connect, continued to gain momentum in the six months to 31 August, with net income from the businesses rising 30% to R2.7 billion. The…
President Museveni has renewed his call for East African countries to pursue political integration, arguing that deeper unity is necessary for member states to share jobs and economic benefits created by major investments across the region. Museveni made the remarks on Wednesday during the groundbreaking ceremony for the multi-billion-dollar Dangote East Africa Petroleum Refinery and…
A FlyDubai flight from Dubai to Israel was forced to make an emergency landing in Saudi Arabia on Wednesday after a violent attempt by one of the pilots to seize control of the aircraft and crash it, passengers and Israeli officials said. “As they were approaching Israel, one of the pilots stabbed the other pilot…
Kenyan President William Ruto and Nigerian businessman Aliko Dangote on Wednesday, September 30, launched the construction of the Dangote East Africa Petroleum Refinery, a $16 billion project (Rwf23.6 trillion) set to transform the energy and industrial landscape of Kenya and the region. ALSO READ: Kagame says Rwanda considering investment in Dangote-backed oil refinery Ruto and…
BMW has set out a restructuring plan on Wednesday centred on AI, management cuts and two new model launches as the German luxury automaker seeks to restore investor confidence after a string of profit warnings and a deep slump in its share price. As Europe’s car industry struggles with weak demand, Chinese competition and US…
Nairobi, Kenya – With less than nine months until the 2027 Africa Cup of Nations kicks off, Kenya, Uganda and Tanzania are entering the most demanding phase of preparations: completing and testing the stadiums, training grounds and supporting infrastructure needed to host the tournament. The tournament, scheduled for June 19 to July 17, 2027, will…
At its annual DevDay conference in San Francisco, OpenAI announced the launch of “Dots,” a new category of proactive, always-on artificial intelligence agents engineered to perform complex, multi-step tasks continuously with minimal human supervision. Designed to operate in the background across cloud virtual machines, web browsers, and local desktop environments, Dots mark a major push…
US President Donald Trump speaks on the day he makes an announcement about an energy infrastructure project in Alaska, in the Oval Office at the White House in Washington, D.C., US, Sept. 30, 2026. Kevin Lamarque | Reuters Hello, this is Justina Lee writing to you from Singapore. Welcome to another edition of CNBC’s Daily…
Nutun says its agentic AI debt collector Zoey serves to augment the workforce rather than replace it. (Image source: iStock) Global business process outsourcing (BPO) and credit-lifecycle management company Nutun is readying its agentic artificial intelligence (AI) debt collector Zoey for global deployment in November. This, after the South African operations served as an innovation…
The Texas Department of Public Safety confirmed Wednesday that officers foiled a plan to attack the Texas State Capitol in Austin. According to Texas DPS, officers received credible information about a person planning a violent attack on the Texas State Capitol on Thursday. Texas DPS said its Criminal Investigations Division special agents worked alongside the…
