Energy regulator Nersa has approved generation licences for four solar projects with a combined contracted capacity of 890MW, clearing another regulatory hurdle for the R16-billion final tranche of Bid Window 7 – the government renewables round that couldn’t award a single wind farm. Nersa said the licences, approved at its meeting on 30 June, cover…
SA QuTI project manager Jodie Robbertse The University of Pretoria last week became the newest node in the South African Quantum Technology Initiative (SA QuTI), launching UP Quantum Science and Technology – UPQuST – as one of six nationally funded quantum research hubs. The university said the node, backed by the department of science, technology…
Mutsa Chironga, managing executive for personal banking at Nedbank Nedbank has partnered with fintech Jumo to launch a digital short-term lending product inside its Money App, the two companies said on Thursday, pitching the service at millions of South Africans underserved by traditional credit providers. The product, branded Nedbank Quick Loans, lets clients apply through…
A quantum computer built by IBM IBM will invest more than US$10-billion in coming years in an effort to deliver the first large-scale fault-tolerant quantum computer by 2029, according to an SEC filing on Thursday. The investment will go towards R&D, capital expenditure, scaling manufacturing capabilities and acquisitions, the company known for building the Watson…
Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets. U.S. and Iranian military forces are searching for a missing American airman after its F-15E fighter jet was shot down over Iran on Friday. One crew member has been rescued,…
Goldman Sachs Asset Management is making a big bet on defined outcome exchange-traded funds — also known as buffer ETFs, which use options to help protect against market losses. This month, Goldman Sachs agreed to buy defined outcome ETF provider Innovator Capital Management for $2 billion. The deal is expected to close in the first…
When Ethiopian officials gather in Addis Ababa on Monday, December 8, 2025, to sign a Host Country Collaborative Agreement with Insight Dynamic Resources, they will be doing far more than finalising a document, as they will be opening the door to what many described as one of the most transformative infrastructure and energy projects in…
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…
An artificial intelligence (AI) symbol is seen at a temporary structure of worship called Pandel during the Durga Puja festival in Kolkata, India, on Sept. 25, 2025. Nurphoto | Nurphoto | Getty Images Artificial intelligence companies racing to expand in India are not just chasing customers — they are enlisting millions of users to help…
Carles Reina, GTM manager at Eleven Labs, shared why he invested in AI company. Eleven Labs The angel investor who backed a billion-dollar AI startup when it was still in its infancy said he decided to invest in the company after just 30 minutes of meeting one of its founders. Carles Reina first decided to…
