Washington has said a visit by Deputy Secretary of State Christopher Landau to Africa aims to strengthen bilateral ties, but the timing raises questions about the US’s interests in the Red Sea corridor. US Deputy Secretary of State Christopher Landau is on a diplomatic tour of Egypt, Ethiopia, Kenya and Djibouti from January 24 to February 1. According to the Department of State, Landau’s…
Following its landmark acquisition of MultiChoice Group, French media giant Canal+ is exploring a major shift in how African viewers access content. The company is considering deploying its all-in-one streaming application to MultiChoice’s vast customer base in Southern and Eastern Africa, potentially bringing global partnerships with Apple TV+ and HBO Max under a single interface….
Canal+ expects to generate more than €400-million (R7.5-billion) in annual earnings “synergies” from its acquisition of MultiChoice Group, underlining the strategic importance of Africa to the French media group’s long-term growth ambitions. In a statement released on Thursday, Canal+ said the combined group is targeting run-rate cost synergies of more than €400-million at earnings before…
A man walks past a TSMC logo at Hsinchu Science Park in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Thursday offered markets a rare respite from nonstop geopolitical upheaval. Yet the week’s headlines still reflected larger global dynamics. Case in point: Taiwan’s $250 billion investment in chip production in the U.S. is not…
Gabriela Pomeroy, Alicia Curryand Adrienne Murray,in Copenhagen Mia Chemnitz Mia Chemnitz says “the people of Greenland do not want to become American” “The people of Greenland do not want to become American,” Mia Chemnitz tells the BBC. “We are not for sale.” The 32-year-old business owner in the Greenlandic capital Nuuk reflects the sentiments of…
National treasury is considering a 20% tax on online betting to curb the rising scourge of problem gambling in South Africa. Speaking to TechCentral on Wednesday, Rise Mzansi MP Makashule Gana – who a year ago warned that online gambling is growing into South Africa’s next big social ill – said a national tax is…
iOCO co-CEO Rhys Summerton. (Photograph supplied) Listed technology company iOCO is reducing its debt over time, having substantially trimmed its bank loans before pursuing acquisitions, with three potential deals already identified. For the first time in three years, iOCO reported strong operating cash flows with focused resource and capital allocation, while also reducing short- and…
French Prime Minister Sebastien Lecornu has survived two confidence motions, just days after he appointed his new government in time to submit a draft budget to parliament in a bid to end the political turmoil that has gripped the country for months. A motion sponsored by Marine Le Pen’s far-right National Rally and its allies…
Maziv CEO Dietlof Mare Maziv, the fibre network operator in which Vodacom is buying a 30% co-controlling stake, wants to connect the more than 8 000 cellular base stations in South Africa that are not already connected to fibre infrastructure. CEO Dietlof Mare told Digital Council Africa’s Conext Digital Infrastructure Investment Summit in Sandton on Thursday…
Optasia CEO Salvador Anglada Technology-driven microfinancing specialist Optasia, which on Wednesday announced its intention to list on the JSE, aims to undertake a primary issuance worth about R1.3-billion to support organic growth and acquisitions. Speaking to TechCentral in an interview on Wednesday, Optasia CEO Salvador Anglada said the listing is meant to raise capital to…
