Luno, the cryptocurrency exchange that started in South Africa and is now owned by US-based Digital Currency Group, is cutting 20% of its global headcount and reorganising the business into three separate units, CEO James Lanigan said on Tuesday. The company did not disclose how many employees are affected. The job cuts were first reported…
Intuit CEO Sasan Goodarzi speaks at the ribbon-cutting ceremony during opening night at Intuit Dome in Los Angeles on Aug. 15, 2024. Amy Sussman | Wireimage | Getty Images Tax and finance software maker Intuit said Wednesday that it’s cutting 17% of its full-time workforce, the latest tech company to announce a mass downsizing during…
Software maker Oracle has started telling employees that it’s conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, said the people, who asked not to be identified to discuss a confidential matter. As of May 2025, the company employed 162,000 people. Shares of Oracle have…
The State IT Agency (Sita) has lashed out at the City of Tshwane after electricity was cut to one of its facilities in Pretoria, accusing the municipality of acting without due diligence and wrongly blaming the agency for unpaid electricity bills. In a strongly worded statement on Friday, Sita said claims circulating on social media…
Lloyd Matthew, Co Founder and CEO. Untapped.AI, a South African AI consultancy, is rapidly gaining national attention after becoming the first local provider to deploy an AI voice agent that routes calls entirely through a South African call exchange. This breakthrough enables businesses to reduce call costs by up to 50% compared to AI voice…
Cell C has cut the offer price for its imminent JSE debut, trimming as much as R3.50/share off the bottom of the original range and knocking roughly R1-billion to R3-billion off its hoped-for valuation. In an update to investors on Friday, Blu Label Unlimited Group, Cell C’s largest shareholder, said it has approved a final…
Ford’s new Ranger plugin hybrid is not selling as well as expected Ford in South Africa has attributed planned retrenchments to lower European orders for its Ranger bakkie, driven by recent tax changes in the UK and sluggish export volumes for its plug-in hybrid Ranger model. Last month Ford sent an official notice to unions,…
Enterprise AI adoption. (Image: Datacentrix) When it comes to selecting artificial intelligence (AI) software, enterprise leaders are finding themselves overwhelmed by choice, the complexity of pricing models and a lack of clear value pathways. The initial excitement surrounding AI tools like ChatGPT has rapidly evolved into a multi-layered marketplace, with vendors racing to offer increasingly…
When Valérie Ka started modelling at 14 in Côte d’Ivoire, she thought she was on top of the world. But she wanted to go further, so she created Africa Fashion Up – a way to help African designers reach the global stage. As a child, Ka dreamed of being an interior designer, an architect or…
