Altron Group CEO Werner Kapp Altron’s IT services businesses grew revenue in the six months to August for the first time since a two-year restructuring, and Altron Digital Business made a profit against a loss a year earlier. Its security unit, however, suffered a sharp fall in earnings. Headline earnings per share from continuing operations…
Image: Reuters Google parent Alphabet reported disappointing results in its core search advertising business and a sharp acceleration in cash burn as it poured money into building out AI. Google Cloud revenue more than doubled, a sign that corporate customers are embracing the technology. But investors, unnerved by the huge price tag and slowing growth…
FNB Connect CEO Sashin Sookroo. Thirty percent of mobile virtual network operator (MVNO) FNB Connect’s digital sales are now eSIMs, as adoption and usage become more mainstream. This, after introducing the virtual SIM card in November 2024, to circumvent bill shock for customers after they activate roaming overseas. FNB Connect CEO Sashin Sookroo told ITWeb…
JSE-listed technology services group iOCO increased profit after tax by 39% to R357m for the year ended 31 July 2026, as improved margins and lower finance costs strengthened its financial performance. Rhys Summerton | image supplied Revenue rose 3% on a constant currency basis to R5.73bn, while earnings before interest, tax, depreciation and amortisation (EBITDA)…
Nairobi — Global integrated services company Alliad has launched the first season of its Empowering Africa podcast, seeking to spotlight practical solutions for translating the continent’s economic potential into sustainable and inclusive growth. The new platform brings together business leaders, entrepreneurs and other changemakers to discuss some of Africa’s most pressing development priorities, including infrastructure,…
Nairobi — Global leaders convened at the United Nations headquarters in New York for a private sector forum, where business leader from Nairobi, Kenya Chris Diaz argued that the course of the world’s future hinges on how countries and industries tackle today’s most pressing issues. “Our future will be shaped by how we address the…
SHENZHEN, CHINA – AUGUST 30: A Chinese national flag flies from a vessel in front of the MSC Claire container ship berthed beneath gantry cranes at Yantian Port on August 30, 2026, in Shenzhen, Guangdong Province, China. China is set to release its latest official manufacturing purchasing managers’ index as investors assess the outlook for…
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called on the international community to significantly expand access to affordable long-term capital to finance infrastructure and development projects across Africa, saying the continent’s growth ambitions remain constrained by the high cost of financing. Oyedele made the call while addressing the United…
In many industries, people don’t give label printing much thought. They simply print, stick and forget. One notable exception is Edward Lee, senior manager at Argox. As the project lead on the new Argox AIP range, Lee and his team have spent the past two years thinking about little else but label printing. Their thinking…
The inaugural New Pour Report 2026, which is based on 10 trends and over 15 data sources, has identified why capital is shifting toward Southern and sub-Saharan Africa on the back of demographics such as urbanisation and connectivity. The report, which was launched at The New Pour Summit 2026, convened by Drinkabl Africa, brought together,…
