Private renewable energy producers that wheel power – selling it directly to data centres and other large users and delivering it over the grid – have no regulated compensation if the grid operator switches them off because of oversupply. That gap has not cost them yet: as far as the South African Photovoltaic Industry Association…
Stephen Lamprecht, founder of South African management consultancy VS Nova and a research partner on the survey. While ICT accounted for 62.7% of all southern African venture capital deals in 2025, AI and machine learning represented just 1.6% as a standalone category. This is according to the Southern African Venture Capital and Private Equity Association’s…
The South African Revenue Service is investing heavily in artificial intelligence The South African Revenue Service will pay Microsoft almost R1.6-billion over three years to renew its software licences and support, and IBM nearly R1.2-billion, under contracts approved without open tenders, its latest annual report shows. The Microsoft deal, worth R1.58-billion, renews Sars’s Microsoft enterprise…
TechCentral Show guests Abraham van der Merwe and Shane Chorley Frogfoot plans to keep buying smaller fibre network operators in South Africa’s suburbs as the market consolidates, but CEO Shane Chorley stopped short of ruling out a sale of the business. “I’d be ignorant to say that we would ignore any offer,” Chorley said on…
Growthpoint Properties is bringing a new meaning to “lease in a day” with the November launch of SmartLease, a digital platform designed to simplify commercial property leasing. Source: Supplied. Lauren Turner, Head: Corporate Affairs at Growthpoint Properties. Unveiled at the Africa PropTech Forum 2026 during the African Property Investment Summit in Cape Town, SmartLease replaces…
Anthropic and OpenAI are hunting for smaller AI data center deals, sources told CNBC, as the race to access the infrastructure needed to deploy workloads ramps up. The two AI labs have both inked huge deals for AI data centers in the past year for facilities of multi-hundred-megawatt and gigawatt capacity, but sources have said…
Colin Kaepernick said he believes that Jay-Z’s recent comments about him speak to a “guilty conscience,” as the fallout between the former quarterback and the rapper deepens. Kaepernick responded as part of an extensive interview with NBC News after Jay-Z dissed the athlete during a recent concert. In July, Jay-Z took aim at Kaepernick, the…
Africa risks losing its strategic advantage in the global economy by allowing individual countries to negotiate separate deals for critical minerals instead of bargaining collectively as a bloc, MTN Group Chairman, Mcebisi Jonas, has warned. Jonas gave the warning while addressing Fellows of the fifth cohort of the MTN Media Innovation Programme (MTN MIP), who…
Washington, DC — The inaugural Africa Business Investment Summit saw a target of $500m of structured commitments, a royal keynote and an unusually candid accounting of why capital still hesitates. Otumfuo Osei Tutu II had been speaking for barely five minutes when he put the question the rest of the day would attempt to answer….
AI-native businesses are expected to attract more funding and create new acquisition opportunities for established companies. (Image source: iStock) South Africa’s venture capital (VC) ecosystem is entering a new phase of maturity, fuelled by a growing pipeline of exits and increasing investments in artificial intelligence (AI) start-ups that are challenging traditional incumbents. This is among…
