Is it the end of the road for SAPO?
The South African Post Office’s business rescue practitioners express their intention to file for the liquidation of the beleaguered entity.
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Australia central bank raises rates by 25 basis points to a near 1-year high
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a press conference in Sydney, Australia, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank on Tuesday raised benchmark policy rates for a second straight time, pushing them to their highest since April 2025 at 4.1%. The 25…
Optasia beats IPO guidance in maiden results as lending scales
Salvador Anglada Optasia, the fintech that listed on the JSE in November, has delivered a set of maiden annual results that comfortably exceed the guidance it gave investors at the time of its R23.5-billion listing. Revenue jumped 76% to US$265.4-million for the year ended 31 December 2025, while normalised net income rose 57% to $57.8-million….
Utah jury finds Kouri Richins guilty on all charges in husband’s murder
IE 11 is not supported. For an optimal experience visit our site on another browser. Jury finds Kouri Richins guilty of murder in husband’s poisoning death 01:19 Now Playing Utah jury finds Kouri Richins guilty on all charges in husband’s murder 12:11 UP NEXT Cadets take down gunman in college classroom 02:00 Surveillance footage captures…
Ex‑OpenAI, Google experts intro AI app builder in SA
Piotr Sobolewski, co-founder and CTO of HyperDev. Skills development organisation HyperionDev has introduced a generative artificial intelligence (AI) coding platform that seeks to become a bridge between experimental AI tools and production-ready software development. HyperDev is an AI app builder that lets users go from plain language to running code. The venture is created by…
Woman is steps away from lava as volcano erupts on Reunion Island
Tourists and locals have been gathered on the Reunion Island to see lava flowing from a volcano that has been erupting for over a month. On Sunday, lava from the Piton de la Fournaise volcano reached the Indian ocean for the first time in 19 years. The volcano began erupting 13 February, for the second…
West Africa delivers big for MTN Group
MTN Group CEO Ralph Mupita MTN Group has reported a sharp recovery in earnings for the year to December 2025, swinging from a loss to a profit as a dramatic turnaround in Nigeria and strong growth in Ghana drove a 67% increase in adjusted headline earnings per share. Group service revenue rose 22.7% in constant…
Iran war keeps gas prices up, with Strait of Hormuz paralyzed despite Trump’s demands
The European Union is seeking more strategic clarity about the U.S. and Israel’s plans for Iran and when the conflict might end as the bloc weighs whether to send ships to help shore up security in the Persian Gulf. Without confirming any specific international commitments, President Trump said in a social media post on Saturday…
HyperLight Demonstrates Low-Power 1.6T-DR8 TFLN-based Reference Transceiver Assembled by TFC
HyperLight Corporation (“HyperLight”) today announced a major milestone in low-power optical networking with the demonstration of a 1.6T-DR8 optical transceiver leveraging HyperLight’s TFLN Chiplet™ Platform. The reference module was demonstrated with engineering and manufacturing support from Suzhou TFC Optical Communication Co., Ltd. (SZSE: 300394, or “TFC”). The reference design achieves 20W power consumption in a…
Trump says Hormuz Strait help ‘on the way’ as allies reject military action | US-Israel war on Iran News
United States President Donald Trump has said “numerous countries” have told him “they’re on their way” following his appeal for an international naval coalition to secure the Strait of Hormuz amid the US-Israel war on Iran. Trump made the statement on Monday after over the weekend calling on a handful of countries to join the…