Walmart says it has received nearly $3 billion in tariff refunds — and used some of that windfall to cut prices for consumers strained by inflation. The refunds helped boost Walmart’s profit, according to the company’s quarterly earnings report Thursday. “Customers tell us they’re still feeling some pressure,” Walmart CEO John Furner said. “Having the…
The AI boom is squeezing the global supply of RAM and silicon, pushing up prices and disrupting what actually lands on South African shelves. At the same time, print revenue has been sliding year after year — and HP still calls print part of the edge computing ecosystem. Adrian Hinchcliffe puts both to Yesh Surjoodeen,…
MTN Group expects underlying earnings to rise as much as 23% in the first half of 2026, even as a writedown on its Iranian business and currency losses cut reported profit. Africa’s largest mobile operator forecast adjusted headline earnings per share of 775 cents to 808 cents, up 18% to 23% from 657 cents a…
For many technology businesses, growth no longer comes from selling more of the same products. Customers expect complete solutions, trusted advice and long-term partnerships. This shift presents an opportunity for internet service providers (ISPs), managed service providers (MSPs), IT companies and technology resellers to expand their value proposition through cloud communications. Across South Africa, the…
Shoprite’s Neil Schreuder Sixty60 grew sales 34.5% to R25.5-billion in the year to 28 June, according to a voluntary operational update Shoprite Holdings published on Wednesday morning – and on TechCentral’s calculations the delivery platform accounted for more than a third of everything the group grew. Shoprite added R18.1-billion in merchandise sales from continuing operations…
AI could add as much as two percentage points to South Africa’s annual economic growth rate, on top of whatever the economy would otherwise manage, according to Efficient Group chief economist Dawie Roodt – an estimate that towers over what either the World Bank or PwC have put on the table. “AI can easily add…
Tecnotree Delivers Double-Digit Profit Growth and Accelerated Deployment Momentum in H1 2026 Tecnotree, a global leader in AI-native Digital Business Support Systems (BSS) and digital platform solutions for the telecommunications industry, today announced its financial results for the first half of 2026. The company delivered growth across every principal financial measure, expanded operating margin by…
SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images China’s exports rose more than expected in…
MTN Nigeria Communications CEO Karl Toriola MTN Nigeria’s half-year results can be read two ways, and the company would much prefer the first one. That version is a triumph: ervice revenue up 25.9% to ₦3-trillion (around R35-billion at the naira’s end-June rate); earnings before interest, tax, depreciation and amortisation up 39.2%, with the margin widening…
Nairobi — Artificial intelligence has captured the world’s imagination. Every week brings another breakthrough model, AI assistant or prediction that technology will fundamentally reshape howwe live and work. Yet beneath the excitement lies a more important question: what makesartifi cial intelligence valuable at scale? The answer is not simply better algorithms or more powerful models….
