Sentech has reduced its net loss to R60 million, for the financial year ended 31 March. State-owned signal provider Sentech is faring better financially, but is not yet out of the woods. This is based on its 2025/26 financial year (FY) results, which show the entity’s net loss after tax shrunk to R60 million, compared…
The House of Representatives has resolved to investigate the losses, damages and casualties suffered; take inventory of property abandoned by Nigerians arising from previous and recent xenophobic attacks in the Republic of South Africa. The House mandated the committees investigating to recommend appropriate diplomatic initiatives, legal mechanisms, and bilateral engagements to ensure accountability for perpetrators,…
For the past two years, the public conversation around AI has been dominated by one question: will it replace jobs? It’s an understandable worry. Tools like ChatGPT and Claude can write, research, summarise, code and synthesise information at a speed that seemed impossible only a few years ago. It hasn’t helped that both Sam Altman…
Conflict, displacement and climate shocks are disrupting education for an estimated 258 million school-aged children and adolescents worldwide, raising fears that millions risk losing not only years of schooling but future opportunities altogether, according to a new report released Tuesday. The Breaking Barriers: Understanding Educational Exclusion in Crises report by Education Cannot Wait (ECW), the…
MultiChoice is bracing for a major organizational shake-up following its acquisition by French media giant Groupe Canal+. While a three-year retrenchment moratorium imposed by South African competition authorities temporarily protects local workers, industry experts warn it may merely delay deeper job cuts rather than prevent them entirely. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday:…
More than 10 investigations underway as the Financial Sector Conduct Authority highlights systemic risks in trading platforms. (Image created via Gemini) The Financial Sector Conduct Authority (FSCA) has intensified its scrutiny of online investment and trading platforms, with more than 10 active investigations underway, amid mounting consumer complaints. Speaking during a roundtable discussion last week…
Sony Honda Mobility, the high-profile joint venture between two of Japan’s industrial titans, has officially pulled the plug on its electric vehicle ambitions. In a recent statement, the company confirmed it will “discontinue the development and launch” of the Afeela 1 and Afeela 2, effectively ending years of anticipation for the tech-heavy cars. While the…
–Say soaring fuel prices could cripple economy –Urge immediate govt’s action to save situation –Consumers groan as petrol hits N1,371/litre in Abuja, Lagos, others – The Nigeria Employers Consultative Association, NECA; Nigeria Labour Congress, NLC; Lagos Chamber of Commerce and Industry, LCCI; and the Association of Small Business Owners of Nigeria, ASBON, yesterday, raised fresh…
Canal+ CEO Maxime Saada has confirmed that the company will launch its flagship over-the-top (OTT) platform, the Canal+ app, in South Africa to replace Showmax. The decision follows a formal announcement by MultiChoice on March 5, 2026, to shut down the homegrown streamer after years of accelerating financial losses. Read: Oppo teases ‘zero-feel crease’ for…
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets traded mostly lower Friday, tracking Wall Street declines, as fears over artificial intelligence disruption drove the S&P 500 to a third straight day of losses. Certain pockets of the U.S. stock market have been hit this year by…
