Bidders for the Home Affairs revenue administration system must plan and price for a larger, two‑tier footprint of 275 fixed sites and 230 mobile units. It a good week for the hardware sector on National Treasury’s eTenders Portal, as several large public sector institutions look to address equipment requirements. The Department of Home Affairs takes…
Eskom reported a R30.3-billion profit for the year to 31 March, but a larger sum than that never reached the income statement at all. Outgoing group chief financial officer Calib Cassim set out the arithmetic at Monday’s results presentation. Eskom, he said, lost 13.1TWh of electricity to theft during the year – power that was…
OpenAI on Monday announced that its advertising business has hit $1 billion in annualized revenue run rate, a milestone that the company is touting as proof of its “diversified business model.” The artificial intelligence company is gearing up for what is expected to be a massive initial public offering, and is under pressure to justify…
Reunert group CEO Anthonie de Beer. (Image supplied) Reunert Group is investing in artificial intelligence (AI) across its 17 business units, as the JSE-listed technology group pursues new business growth, to ultimately increase revenue. Speaking during a panel discussion on Reunert’s AI deployment at the recent IQbusiness Geshidocon 2026 conference, Reunert group CEO Anthonie de…
As Anthropic prepares for a landmark initial public offering, Wall Street is looking unusually far into the future to value the artificial intelligence startup. Bankers and institutional investors are calculating the company’s enterprise value based on projected 2028 revenues of $190 billion to $200 billion. By anchoring valuation models to metrics two years out, underwriters…
Brunswick Corp., a global leader in boat manufacturing and recreation on the water, is counting on advanced technology to help with stalling sales. The parent company of Sea Ray, Boston Whaler and other boat brands, says advanced navigation technology and autonomous docking can take some of the complexity out of maneuvering a vessel around a…
As Anthropic prepares for what could be one of the biggest IPOs on record, Wall Street is looking further into the future than it commonly does to put a price on the AI company, valuing it based on how much revenue it could generate two years from now. Anthropic is projecting 2028 revenue of roughly…
X has stopped accepting applications for its legacy ad revenue-sharing system and will shut down the programme entirely after September 7. Replacing it is the new Original Content Rewards Programme, which compensates creators based on qualified impressions generated by authentic, original posts. Read: NASA’s Operation Big Bang extends Voyager 2’s science mission Eligible content includes…
Kampala, Uganda — East Africa’s growing appetite for mobile internet continued to fuel Airtel Africa’s Mobile Services business during the quarter ended June 30, 2026, helping lift mobile services revenue to $607 million, up from $498 million in the same quarter last year. The performance reflects sustained growth in digital adoption across the region, with…
Airtel Africa Plc has recorded a strong start to its 2026/27 financial year, with revenue climbing 31% on the back of rising customer demand for data and mobile money services, the company has announced. For the quarter ended 30 June 2026, the telecommunications and mobile money giant posted revenue of $1.853 billion, up 31.0% from…
