Social media platforms Instagram and YouTube have a design defect which means they are addictive, a jury in the US has ruled. The Los Angeles jury took nearly nine days to reach its verdict in the landmark case brought by a woman known as KGM against social media platforms. It awarded US$3-million in damages, with…
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…
The results of the Altron FinTech Household Resilience Index (AFHRI) for the third quarter of 2025, released on Thursday, show that South African households experienced welcome — though still modest — relief during 2025. While the AFHRI recorded a healthy year-on-year improvement of 2.1% (largely in line with GDP growth rate), the average annual rise…
Canal+ will pump €100-million (R1.9-billion) into a “boost plan” to restart subscriber growth at MultiChoice, even as Africa’s largest pay-TV operator continues to bleed customers and revenue under its new French parent. The investment, announced alongside Canal+’s first full-year results since completing the MultiChoice acquisition, comes as the South African-headquartered business saw its subscriber base…
Oil prices are soaring, and America’s attention and its military resources have shifted decisively to the Middle East. Russian President Vladimir Putin may have lost another Kremlin-friendly leader, but the Iran war could prove a long-term boon for his country, whose economy is dependent on energy exports. “So far, there is only one winner in…
Trade Link CEO Ahmed Laher Retailers are looking to digital transformation and convergence to meet the changing needs of consumers, and to offer more value as consumers feel the economic pinch. This is according to Ahmed Laher, CEO of Trade Link, a specialist in retail IT systems for over 30 years. Laher said the retail…
Helmut Reisinger, CEO of Palo Alto Networks in Europe, the Middle East and Africa Palo Alto Networks, the world’s largest pureplay cybersecurity company, said it is betting big on South Africa. The US company sees growth rates “way above” what it achieves at a global level, according to Helmut Reisinger, its CEO for Europe, the…
Blu Label Unlimited Group co-CEO Mark Levy Blu Label Unlimited Group is building what it describes as an “integrated energy ecosystem” that spans smart meter roll-outs, municipal revenue recovery and small-scale power generation — a strategy it believes no other South African company can replicate. Speaking to journalists after the release of its interim results…
Teraco’s JB4 data centre in Gauteng Finance minister Enoch Godongwana has for the first time placed data centre infrastructure on the same footing as electricity, ports and transport networks, signalling a significant policy shift as South Africa attracts tens of billions of rand in investment from global hyperscalers racing to build cloud computing capacity. In…
This is the online version of From the Politics Desk, a daily newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail. Ahead of this evening’s State of the Union address, Peter Nicholas dives into the economic dilemma President Donald Trump is…
