Clicks’ retail trading was further affected by aggressive competitor discounting during the festive season. (Image source: Clicks) Pharmacy retail giant Clicks’ retail revenue has been negatively impacted by delays in implementing a warehouse management system at the company’s distribution centre in Cape Town. This emerged yesterday when Clicks published its interim financial results for the…
Azhar Said, chief data officer at Capitec The era of artificial intelligence is not merely a technological trend but a fundamental shift in the economics of decision-making, where the cost of intelligence is plummeting while the value of human reasoning is reaching an all-time high. Speaking at the ITWeb AI Summit in Johannesburg on Tuesday,…
Cloud spending is going up. According to ‘PwC’s 2025 Africa Cloud Business Survey’, 88% of organisations on the continent plan to increase their cloud budgets this year, yet many still can’t tell you exactly where that money is going. That’s the paradox of modern cloud economics – the more you spend, the harder it gets…
The rating agency S&P Global’s Africa Credit Rating Trends 2025 reviews the past year’s rating activities and analyses the continent’s prospects for 2026. It is an important document because it interprets underlying drivers of creditworthiness. It shapes how global investors and policymakers understand risk, opportunity and reform dynamics across the continent. But the document had…
Oracle Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 31, 2025. Michael Nagle | Bloomberg | Getty Images Oracle stock traded slightly lower Wednesday as the multinational tech conglomerate looked to cut thousands of jobs to free up cash to build artificial intelligence data…
Pieter Grootes South Africa needs between R108-billion and R142-billion in investment to get all households connected to 100Mbit/s broadband internet by 2035, according to a new report by the Development Bank of South Africa (DBSA). Speaking at the launch of South Africa’s Digital Infrastructure Investment Study (Sadis) at the DBSA’s offices in Midrand on Monday,…
Richard Simpson, Managing Director of the Celerity Group, which incorporates Kero and BulkSMS. For hospitality businesses, a reservation is more than just a booking – it represents a prepared room, a reserved table, an allocated guide or a planned experience. When guests fail to arrive, the opportunity to monetise that space is lost. The real…
Most of the costs are not budgeted for, meaning the Pentagon will need to request more funding soon, researchers say. Listen to this article | 4 mins info The United States-Israeli war on Iran is estimated to have cost Washington $3.7bn so far in its first 100 hours alone, or nearly $900m a day, driven largely by…
SD-WAN vs MPLS for enterprises. As South African enterprises modernise their network infrastructure, the decision between MPLS, SD-WAN and the underlying security architecture has become increasingly strategic. Large organisations operating across multiple branches and data centres face sustained pressure to reduce operational expenditure, while simultaneously strengthening their security posture and regulatory alignment. Breaking the cost…
The latest strikes on Iran and the widening confrontation across the Middle East are not distant geopolitical theatre for Africa. They are economic tremors that travel directly to our fuel pumps, supermarket shelves and national budgets. Whenever conflict erupts in the Gulf, global markets react instantly. The world’s energy system remains tightly bound to the…
