Night view of Alibaba’s headquarters building located by the Huangpu River in Shanghai, China on Nov. 16, 2025. CFOTO | Future Publishing | Getty Images Alibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech giant priced an 80 billion Hong Kong dollar ($10.20 billion) placement of newly issued…
At Telkom’s AGM, shareholders representing about 84.4% of the company’s ordinary shares voted on most resolutions. Telkom shareholders have backed the re-election of the telecommunications group’s directors and the appointment of its board committee members. However, they showed resistance to proposals that would give the board broad powers to issue shares. At Telkom’s annual general…
Abuja — The African Development Bank (AfDB) has urged African countries to halt the export of raw critical minerals and instead focus on local processing, beneficiation and regional value chains to unlock greater economic value from the continent’s vast mineral resources. The call was made at the Ministerial Forum on Critical Minerals, Value Chains, and…
Demand for SK Hynix’s offering was reportedly over seven times more than the number of shares available, highlighting the strong investor appetite for a key company in the AI supply chain. Each American depositary share is equivalent to a tenth of a Seoul-traded common share, SK Hynix said. The offering gives US investors a way…
On Tuesday 23 June 2026, the Portfolio Committee on Communications and Digital Technologies published an invitation to stakeholders and interested parties to make written submissions on the Electronic Communications Amendment Bill, 2026 (Amendment Bill). Submissions must be emailed to Thembinkosi Ngoma ([email protected]) by 4pm on Friday 21 August 2026. The Amendment Bill seeks to amend…
Sexual violence is increasingly being used as a weapon of war in conflicts around the world and women and children in particular continue to be targeted facing sometimes long-lasting consequences. The vast majority of these acts of degrading brutality go unreported, but for those who do come forward, support provided by United Nations partners can…
More than three and a half years after the public launch of ChatGPT, the generative AI industry is entering a mature, hyper-competitive era. While OpenAI’s chatbot remains the global incumbent, its market share has officially slipped below the 50% threshold for the first time. According to analytics firm Sensor Tower’s State of AI Report for…
SpaceX on Thursday set its final IPO price at $135, the last stage in a long running process to bring Elon Musk’s space and AI conglomerate public. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The company, which also owns the X social media network, will begin trading…
Pope Leo XIV holds his weekly general audience at St. Peter’s Square in Vatican City, June 11, 2025. Massimo Valicchia | Nurphoto | Getty Images Pope Leo warned over the weekend that a “social calamity” could come from mass unemployment due to the adoption of artificial intelligence technologies. Prediction market traders appear to think that…
The move is a major component of the telco’s capital allocation policy, the company, which operates in 14 markets across Africa, stated in a statement on Friday. Wireless operator Airtel Africa kicked off a share repurchase programme on Friday, aiming to buy back up to 1 per cent of its issued share capital as part…
