Oil price jumps despite deal to release record amount of reserves
It comes as Iranian attacks on ships intensify in the crucial Strait of Hormuz waterway.
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Apple debuts M5 Pro and M5 Max MacBook Pros with significant price hikes
After an uncharacteristically long delay following the debut of the standard M5 chip last fall, Apple has finally unveiled its high-performance MacBook Pro lineup. These refreshed 14-inch and 16-inch models feature the new M5 Pro and M5 Max silicon, promising a substantial leap in professional-grade power. While the hardware arrives with impressive internal upgrades, it…
World braces for an oil price shock
Brent crude jumped 10% to about US$80/barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after US and Israeli strikes on Iran plunged the Middle East into a new war. “While the military attacks are themselves supportive for oil prices, the key factor here…
Components price shock hitting South African PC buyers hard
South African technology retailers are warning consumers and businesses to brace for further price hikes on key computer components as a global shortage driven by AI demand squeezes supply of memory chips, solid-state drives and graphics cards. Three of the country’s online retailers – Evetech, Dreamware Technology and Tech.co.za – have told TechCentral that the…
Samsung S26 launch – rand helps shield South Africans from bigger price hikes
The ongoing RAM shortage, driven by suppliers shifting their production lines to higher-margin high-bandwidth memory used for AI workloads in data centres, is already affecting the smartphone market as the Samsung Galaxy S26 launched at prices slightly higher than its predecessor on Wednesday evening. Speaking to TechCentral in a post-launch interview following the Johannesburg leg…
MultiChoice scraps annual DStv price hike
MultiChoice Group CEO David Mignot. Image: (c) Aurelien Pierron For the first time in many years, DStv subscribers will not face a price increase in April – a significant strategic shift under new owner Groupe Canal+ as the pay-television operator battles to arrest years of punishing subscriber losses. In a wide-ranging interview with TechCentral on…
MultiChoice scraps annual DStv price hikes for 2026
MultiChoice Group CEO David Mignot. Image: (c) Aurelien Pierron For the first time in many years, DStv subscribers will not face a price increase in April – a significant strategic shift under new owner Groupe Canal+ as the pay-television operator battles to arrest years of punishing subscriber losses. In a wide-ranging interview with TechCentral on…
PC price hikes loom in SA amid global supply woes
PC demand remains uneven, raising concerns of higher costs and longer lead times. (Image source: 123RF) South Africa’s IT channel is bracing for a fresh wave of price increases and shipment delays on personal computers (PCs), as distributors and resellers warn that renewed global supply chain pressures are starting to ripple through the market. Industry…
OPINION | Africa’s forests are undervalued, and the world will pay the price
Young forestry champions in attendance at the Zámba Heritage Congress. PHOTO/FSC. By PATRICK MAYOYO [email protected] When delegates from across Africa and beyond gathered in Nairobi between February 10 and 12 for the inaugural Zamba Heritage Congress, the future of African forests felt palpably on the line. I sat through three days of debate convinced that…
Oil major BP suspends buybacks in fresh sign of oil price pressure
Trowbridge in Somerset, England, on March 15, 2025. Anna Barclay | Getty Images News | Getty Images British oil giant BP on Tuesday posted fourth-quarter profit in line with expectations, shortly after crude prices dipped below $60 a barrel for the first time in nearly five years. The London-listed energy firm reported underlying replacement cost…