Nvidia’s board of directors has launched an independent investigation into reports that its chief executive, Jensen Huang, was the target of a foreign intelligence operation, following allegations involving his relationship with a Singapore-based technology executive suspected of links to Chinese intelligence. Jensen Huang In a separate message to Nvidia employees, published on the company’s newsroom…
A search is underway for three armed men who broke into a mansion in Toronto, Canada, belonging to a real estate CEO in the early morning hours Thursday and attacked and injured the family inside, authorities said. The suspects, who were masked, forced their way through a back entrance of the five-bedroom home in the…
Standard Group appoints Dr Naim Yaseen as substantive CEO amid financial challenges Dr Naim Bilal Yaseen. PHOTO/UGC. By SPECIAL CORRESPONDENT [email protected] Standard Group Plc has appointed Dr Naim Bilal Yaseen as its substantive Group Chief Executive Officer (CEO), effective Sunday, November 1, 2026, ending weeks of uncertainty over the leadership of the media company following…
iOCO CEO Rhys Summerton and CFO Ashona Kooblall. iOCO group chief financial officer Ashona Kooblall received total remuneration of R10.61 million for the 2026 financial year, while group CEO Rhys Summerton received no base salary. This is according to the technology services group’s integrated annual report published on 20 October. The remuneration report breaks down…
eMedia CEO Khalik Sherrif eMedia CEO Khalik Sherrif has rejected reports that more than half of eNCA’s staff are set to lose their jobs, saying the 171 employees caught up in the news channel’s restructuring are everyone the law requires to be included in the process, not the number who will be retrenched. “It was…
iOCO CEO Rhys Summerton iOCO will not pay a dividend for as long as Rhys Summerton is at the helm of the company, the IT services group’s CEO said on Wednesday. Instead, he plans to spend a sizeable chunk of the R650-million he expects iOCO to bring in over the next year on acquisitions and…
Toluna, a global leader in consumer insights and market research technology, today announces a planned leadership transition. After 25 years leading the company he founded, Frédéric Charles Petit, Founder and Chief Executive Officer, intends to transition from his role as CEO following the appointment of his successor as part of a carefully planned succession process…
Seacom CEO Alpheus Mangale has been placed on special leave. (Image supplied) Seacom Group CEO Alpheus Mangale has been placed on special leave pending an investigation, with group CFO Charl Slabbert appointed as interim CEO during his absence. In a statement sent to ITWeb, Seacom confirms its board of directors is overseeing the process, but…
Seacom CEO Alpheus Mangale Alpheus Mangale, the Seacom CEO who has been placed on special leave pending an independent investigation, has resigned from the board of Absa Group with immediate effect. In an investor statement late on Thursday, Absa said Mangale had resigned as an independent non-executive director, effective 8 October, “due to personal reasons…
Nairobi — Women leaders should move beyond securing positions of influence and focus on using their platforms to create opportunities and build institutions that benefit future generations, Lapid Leaders Africa Founder and CEO Esther Mwaniki has said. Mwaniki said representation remains important but should not be treated as the ultimate measure of progress for women…
