Mr Price’s telecoms bet is paying off

Mr Price’s telecoms bet is paying off

Retailer Mr Price Group’s venture into telecommunications – which comprises mobile phone and accessory sales as well as the Mr Price Mobile MVNO offering – is paying off, with double-digit growth reported for the 26 weeks to end-September 2025. “The telecoms segment continued its trend of delivering double-digit sales growth of 12.4% to R678-million and…

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Intel’s big bet on 18A runs into trouble

Intel’s big bet on 18A runs into trouble

The production process that Intel hoped would pave the way to winning manufacturing deals and restore its edge in churning out high-end, high-margin chips is facing a big hurdle on quality as it puts newer technologies to the test, two people briefed on the matter have said. For months, Intel has promised investors it would…

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Barloworld’s R34m robotics bet pays off, with no jobs lost

Barloworld’s R34m robotics bet pays off, with no jobs lost

The introduction of robotics has not led to any job losses, says Barloworld. Barloworld’s R34 million investment in robotics is yielding strong returns, without affecting jobs, according to Mbali Tshitenge, executive for aftermarket at BarloworldEquipment Southern Africa. She shared insights during an interview with ITWeb. The investment, focused on Barloworld Rebuild Centre (BRC) – one…

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Africa: Inside Africa’s Big Bet On Youth to Feed the Continent and Who’s Actually Getting Funded

Africa: Helios Expands Bet On Africa’s Creative Sector With $75m Fund

TLDR Helios Investment Partners is scaling up its presence in Africa’s creative sector with a new $75 million fund targeting sports and entertainment The London-based private equity firm’s specialist arm secured $50 million in equity from development finance institutions to support the strategy Helios’s strategy builds on its 2021 investment in NBA Africa, which valued…

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