Vivo South Africa GM Tony Shi Chinese car brands such as Haval, Chery, BYD, Omoda and Jaecoo are making massive inroads in South Africa’s new vehicle market, challenging traditional incumbents as they wrestle for market share. A similar shift may now be happening in the mobile market, where Chinese challenger brands are giving mainstays such…
The V60 Lite 5G is Vivo’s latest new device in the South African market. Chinese original equipment manufacturer (OEM) Vivo is aiming to clinch a top three spot in SA’s postpaid smartphone market, as it looks for bigger market share locally. This is according to Tony Shi, general manager of Vivo SA, speaking at the…
Kampala, Uganda — Africa’s reinsurance market has for decades been dominated by global giants such as Swiss Re, Munich Re, and the syndicates of Lloyd’s. While these firms bring deep expertise and capital, their dominance has left local insurers struggling to grow. Africa, which accounts for just 1.5% of global premiums, has the highest number…
Investors talk at a stock exchange hall on February 3, 2017 in Hangzhou, Zhejiang Province of China. VCG | Getty Images China’s stock market has seen a sharp rally this year as progress on artificial-intelligence, steps aimed at gaining chip self-sufficiency and Beijing’s campaign to rein in price wars fuel investor optimism. But as retail…
A customer holds up the new orange-colored iPhone 17 Pro Max smartphone inside an Apple retail store in Chongqing, China, on September 19, 2025. Cheng Xin | Getty Images News | Getty Images The iPhone 17 hit store shelves worldwide on Friday, drawing lines from Beijing to London. But beyond the launch buzz, Apple is…
Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025. Camille Cohen | Afp | Getty Images Alphabet has joined the $3 trillion club. Shares of the search giant jumped more than 4% on Monday, pushing the company into territory occupied only by…
MTN Group CEO Ralph Mupita has admitted that the group’s South African operation has lost market share to rival Telkom, especially in the prepaid mobile market. According to Mupita, although competition from long-time rival Vodacom and on-the-mend Cell C remains intense, Telkom is grabbing market share in a “discernible” way from MTN South Africa. “Have…
Sentech has specified four key areas of functionality the STB decoders are required to perform. It’s slim pickings for the ICT industry this week, despite over 650 new advertisements being posted on National Treasury’s eTenders Portal. Amid this drought of notable tenders, Sentech takes the top spot with its request for additional suppliers to apply…
Nedbank is the latest non-telecommunication brand to enter the mobile market, launching an MVNO – or mobile virtual network operator. Nedbank Connect has partnered with MTN South Africa to provide the service to its clients and is offering aggressively priced data and voice plans. The build-your-own plan feature enables custom combinations of data, minutes and…
MTN Group CEO Ralph Mupita has warned that discounted pricing by mobile virtual network operators could have adverse consequences for the entire mobile telecommunications industry if MVNOs continue to offer data to their customers at prices lower than infrastructure owners like MTN. MVNOs have no physical network infrastructure of their own, instead relying on mobile…
