The long-term goal for Takealot Fulfilment Solutions is to eventually take on the sector’s big and established logistics players. South Africa’s largest e-commerce retailer is looking beyond online shopping for its next growth phase, with Takealot Group positioning its standalone logistics arm, Takealot Fulfilment Solutions (TFS), as a major future revenue driver. The logistics business,…
One year after President Donald Trump signed his core domestic policy package into law, student loan borrowers are bracing for a major overhaul of the federal lending system that will begin this week. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. Many were already struggling when the…
Apple raised iPad and MacBook prices on Thursday, saying it could no longer shield customers from soaring memory and storage chip costs driven by the AI industry’s data centre buildout. The move does not affect Apple’s main cash cow, the iPhone. But it would take starting price of the Neo — its lowest priced laptop…
Club name FedEx will soon step into the earnings spotlight after a holiday-shortened week of trading brought good news on the Iran war and oil prices. Also on our radar in the week ahead is May inflation data — though caveats are needed, as we’ll explain later — and earnings from memory chipmaker Micron ,…
Iran’s supreme leader, Mojtaba Khamenei, has released a statement saying he didn’t like Iran-U.S. peace deal, but allowed the president of Iran to sign it, “safeguarding the rights of the Iranian nation.” Khamenei took a shot at President Trump, writing, it was “the American president who, out of desperation, used all kinds of leverage to…
For millions of people, getting a visa is the key to studying, working or travelling abroad, but applicants on the African continent say the process has become increasingly expensive and difficult due to VFS Global – an Indian company that handles visa applications for dozens of African governments. An investigation by Lighthouse Reports and its…
Tayla Dandridge, co-founder of stub Tayla Dandridge says there are nights she would rather not fall asleep, for fear of missing out. “You almost feel like you don’t want to go to sleep because something’s going to drop,” she says of the pace at which the world’s largest AI labs are shipping new models. “You’re…
Technology Innovation Agency CEO Titus Mathe Just months after securing US$72.9-million (R1.2-billion) in a landmark settlement with shareholders of former local biotech Kapa Biosystems, the Technology Innovation Agency (TIA) this week revealed plans to use the funds to support local innovation projects. TIA CEO Titus Mathe, appointed to head the state-owned agency in April, told…
This photograph shows a set up smart-phone screen displaying the logo of main social media platforms including Instagram, Facebook, LinkedIn, Reddit, Telegram, X, Bluesky, Tiktok and Whatsapp. Martin Lelievre | Afp | Getty Images Government action to ban social media platforms risks strengthening Big Tech’s grip on the industry further, limiting access for smaller players,…
The global smartphone market is heading for its steepest annual contraction on record, with shipments projected to slump by 13.9% this year to 1.08 billion units, Counterpoint Research said on Monday, citing a worsening shortage of memory chips. The forecast is a downgrade from the 12.4% decline projected in February, with the squeeze in global…
