Newly appointed Capitec CEO Graham Lee. Image: Capitec The newly appointed CEO of South Africa’s biggest bank by customers has a unique problem on his hands. Since Capitec Bank — South Africa’s first-ever challenger bank — made its public debut 23 years ago, its shares have soared by more than 200 000%. That’s made it the…
Conrad Leigh, previously the chief operating officer, has been appointed as Rain’s new CEO. Telecommunications service provider Rain has announced some leadership changes at the company. In a statement, the company says Brandon Leigh, founder and CEO, has stepped away from his executive position and moved into a strategic advisory role on the board. Conrad…
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia CEO Jensen Huang sold 75,000 shares on Friday, valued at about $12.94 million, according to a filing with the U.S. Securities and Exchange Commission. Friday’s sale is part…
Nvidia CEO Jensen Huang. Gonzalo Fuentes/Reuters Nvidia CEO Jensen Huang will hold a media briefing in Beijing on 16 July, an official from the company said on Sunday, marking his second visit to the country after a trip in April where he stressed the importance of the Chinese market. Since 2022, the US government has…
Chief executive officer of Google Sundar Pichai. Marek Antoni Iwanczuk | Sopa Images | Lightrocket | Getty Images Google on Friday made the latest a splash in the AI talent wars, announcing an agreement to bring in Varun Mohan, co-founder and CEO of artificial intelligence coding startup Windsurf. As part of the deal, Google will…
Linda Yaccarino has resigned as CEO of X after nearly two years leading Elon Musk’s social media company. Her departure comes at a turbulent time for the platform, just one day after its Grok chatbot began pushing antisemitic tropes in user responses – though a direct link between these events is not yet confirmed. Read:…
In a surprise development, Elon Musk-owned social platform X’s CEO, Linda Yaccarino, has said she has resigned from the role. Her exit comes at a difficult time for Musk, who is dealing with falling sales at his electric vehicle maker Tesla and is embroiled in a war of words with US President Donald Trump. Yaccarino…
Deon Geyser has departed from Liquid after four-and-a-half years. Deon Geyser has stepped down from his role as CEO of Liquid Networks for Cassava, according to his LinkedIn profile. Geyser served as both CEO of Liquid Intelligent Technologies (LIT) and subsequently Liquid Networks for Cassava. In a statement to ITWeb, LIT confirmed Geyser’s departure from…
Absa CEO Kenny Fihla Absa Group’s new head is aiming to turn the bank’s retail unit into the biggest in South Africa, revamp its regional operations and bring stability to a firm that has seen six top managers in as many years. CEO Kenny Fihla, who was poached from larger rival Standard Bank Group, also…
The Africa-America Institute (AAI) announces that President and CEO Kofi Appenteng will be stepping down from his position effective July 1, 2025. Kofi has served AAI with distinction for over 25 years, serving as President and CEO for nearly ten years of that time. Under his leadership, AAI has deepened its impact, programs, and community…
