SK Hynix has topped US$1-trillion in market capitalization for the first time, joining memory rivals Samsung Electronics and Micron Technology in a historic, AI-fuelled semiconductor rally. Shares of SK Hynix jumped 14.9% on Wednesday, pushing the company’s market value to a record ₩1,680-trillion ($1.12-trillion) and cementing South Korea as the first country outside the United…
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images London — Outsized returns for memory-related stocks have helped fuel substantial gains in U.S. and South Korean equity markets in recent years — but…
The goal of a DDoS attack is to flood a website, server, or online service with massive amounts of traffic. (Image source: 123RF) South African cyber security experts are raising concerns over the increasingly low ransom demands being issued by cyber extortionists targeting local internet service providers (ISPs) with distributed denial-of-service (DDoS) attacks. The experts…
SARS import duties have sharply slowed cross-border e-commerce growth and intensified competition between local retailers and global platforms. (Image source: 123RF) South Africa’s cross-border e-commerce sector is entering a slower, more competitive growth cycle, primarily as a result of the import duties introduced by the South African Revenue Service (SARS) in 2024. This is one…
Data centers are gobbling up land, driving up electric bills, and becoming a lightning rod for public discontent over big tech’s power in society. Maine’s legislature recently passed a data center ban in the state (but failed to override the governor’s veto). According to the National Conference of State Legislatures, 14 states spanning the political…
Lincoln Mali, CEO of Lesaka Southern Africa. (Photograph by: Lesley Moyo) Fintech group Lesaka’s consumer division, which caters for South African Social Security Agency (SASSA) grant beneficiaries, is continuing to make gains. This emerged when the JSE- and Nasdaq-listed company today published its third quarter results for 2026. At segment level, the consumer division delivered…
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates on the explosive growth of…
Career consulting leader, Keletjo Chiloane and Mpho Maponya, head of business development at Mercer Africa. South African organisations are grappling with a growing “talent paradox” as rapid artificial intelligence (AI) adoption collides with a deepening skills shortage. This is according to Mercer’s 2026 Global Talent Trends report, which draws on insights from nearly 12 000…
The rapid expansion of Africa’s education technology (EdTech) sector, alongside increasing international student mobility, is transforming how African students access global education opportunities, industry stakeholders have said. At the centre of this shift are platforms such as EERIV Europe UAB, which operate at the intersection of digital education services and international admissions support. EdTech Sector…
South Africa’s 5G population coverage surged from 46.6% to 58% in a single year, the biggest network coverage jump recorded in communications regulator Icasa’s latest State of the ICT Sector report — but rural areas remain drastically underserved, with some provinces offering next-generation connectivity to as few as 7% of their rural populations. The national…
