When Mary May started buying from third-party sellers on Walmart’s online marketplace, she said she assumed the products she was purchasing were the same as the ones she’d long bought in stores. So in late March when she said she saw a “ridiculous sale” on her favorite Neuriva brain supplements on Walmart‘s marketplace, she bought…
MTN Group CEO Ralph Mupita MTN Group is preparing a major push into artificial intelligence infrastructure, signalling a strategic shift beyond its traditional telecommunications business. According to a Bloomberg News report on Tuesday, MTN is in talks with US and European firms to co-build data centres across the continent to supply AI computing power to…
SMME early payments: 13 days | Socio-economic transformation spend: R431m The company reported a net loss after tax of R246m, primarily due to provision for expected credit loss (ECL) driven by the economic challenges of its customers. Looking ahead Sentech will continue to focus on accelerating digital transformation, enhancing service delivery, expanding partnerships, and growing…
The West African Institute for Financial and Economic Management (WAIFEM) has declared that gender equity is not just a question of fairness but a strategic imperative for Africa’s long-term growth, innovation, and institutional resilience. The declaration came at the opening of a five-day regional workshop on “Women in Leadership: Understanding Gender Dynamics in the Workplace,”…
Ade Sun-Basorun, CEO of FoodCo Ade Sun-Basorun is the chief executive of FoodCo, a Nigerian retailer and consumer goods company. In this interview, he talks about the company’s growth, the challenges of operating in Nigeria, and the lessons he has learnt in the retail industry. FoodCo was recently ranked by the Financial Times as one…
With the African Growth and Opportunity Act (AGOA) that has anchored U.S-Africa relations since 2000 set to expire on September 30, prospects for extension or renewal grow increasingly slim. Among foundational principles that have anchored AGOA, the key one is the duty-free entry of specific African products into the American market. “AGOA has helped bolster economic growth,…
The African Union has warned the continent loses billions in illicit financial flows each year. Analysts say stopping tax evasion and corruption is just the first step to keeping African wealth in the continent. An estimated US$88 billion (€76 billion) leaves Africa annually through tax evasion, money laundering, and corruption, the African Union (AU) says. In 2015, that figure was…
South African edtech company, The Invigilator, has secured over R195m in international equity investment to support its global expansion strategy. The Invigilator team and Kaltroco team | image supplied The newly secured funding will be used to enhance the platform’s AI-powered capabilities, support multilingual functionality, expand operational teams in key global markets, and strengthen partnerships…
Are finance teams still reporting on what happened yesterday, or are they shaping what happens next? This was the centre of the conversation that happened at the Bryanston Country Club on 13 August 2025. Senior leaders gathered for TechCentral’s exclusive briefing, hosted with Sage. The focus? Future-fit enterprise – finance as a growth engine. Finance…
JSE-listed technology group Altron has issued a voluntary operational update for the six months to 31 August 2025, describing its performance in the period as “resilient” as strong growth in its “platforms” segment offset pressure in IT services. The company – with operations spanning fintech, telematics, IT services, security and document solutions – said the…
