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Stock picture of a British Airways plane taking off from London Heathrow Airport. Stefan Rousseau – Pa Images | Pa Images | Getty Images The U.K. government said on Sunday it plans to temporarily allow airlines to consolidate passengers onto fewer planes over the summer holiday season, a move aimed at preventing last-minute flight cancellations…
Ecobank Transnational Incorporated (BRVM: ETIT) is preparing to raise $500 million through a subordinated debt issue as it moves to refinance part of its balance sheet ahead of a regulatory deadline in June 2026. The Lomé-based lender plans to use the proceeds to exercise a call option on about $350 million of existing Tier 2…
SK Hynix said on Wednesday that it plans to invest the equivalent of US$12.85-billion (R212-billion) in a new manufacturing plant in South Korea for advanced packaging, to meet rising global demand for AI memory, with construction starting this month. The Nvidia supplier, one of the world’s largest memory chip makers, has been expanding production capacity…
Aliko Dangote, Africa’s richest person, yesterday pushed to expand his refining footprint beyond Nigeria, unveiling plans to build a refinery of comparable scale in East Africa in partnership with governments in the sub-region. The proposed project is expected to be completed within four years, especially if East Africa’s regional leaders cooperate, Dangote stressed, kicking against…
Xiaomi has announced that its primary strategic focus for 2026 is a major expansion of its partnerships with South Africa’s leading mobile operators, including MTN, Vodacom, Telkom, and Cell C. By scaling its postpaid presence, the Chinese electronics giant aims to bring its high-end flagship devices to a broader audience via monthly contract offerings. Read:…
Assad Arabi, TrendAI regional MD for Africa, the Mediterranean and the CIS countries Enterprise cybersecurity firm TrendAI used a customer event in Cape Town on Wednesday evening to announce it has enhanced its data centre facilities in South Africa and is planning further deployments across the African continent. The announcement was made at a gathering…
Tesla may be pivoting its strategy once again as it looks to regain momentum in the global EV market. According to a recent report from Reuters, the automaker is in the early stages of developing an all-new, smaller, and more affordable electric SUV. Unlike previous iterations, this would be a fresh platform rather than a…
Ernst Fonternel, chief consumer officer, postpaid and home at MTN South Africa. (Image: Supplied) Pi, a digital network operator that offers mobile and home connectivity through a mobile and web-based platform, has entered South Africa’s telecommunications sector, offering customers “prepaid-like services” for a fixed, monthly instalment. According to a statement, the service operates on MTN’s…
Apple plans to open its Siri voice assistant to rival AI services beyond its current partnership with ChatGPT, according to a report. The move, expected as part of Apple’s iOS 27 update, would allow third-party AI apps to integrate directly with Siri, allowing users to route queries to services such as Google’s Gemini or Anthropic’s…
