Shares of MTN Group Ltd. experienced a steep decline in Johannesburg on Monday, falling by as much as 10%—the largest drop since March 2023. The plunge followed the announcement that the company’s South African revenue had fallen, leading to a management shake-up. Investors were also concerned about a U.S. Department of Justice probe into the…
Just when South Africa looked destined for the last eight, Uganda staged a stirring fightback Uganda sealed a historic spot in the quarter-finals of the TotalEnergies African Nations Championship (CHAN) PAMOJA 2024 after a gripping 3-3 draw with South Africa in Kampala on Monday night. Algeria also pulled through into the last eight despite being…
MTN South Africa has revised its mid-term service revenue guidance downwards as the operator faces stiffer competition in its home market, despite a positive upswing in its operations in the rest of Africa. The business “continues to navigate an environment characterised by elevated competitive intensity and ongoing pressure on consumers”, MTN Group said in its…
Incoming MTN South Africa CEO Ferdi Moolman Charles Molapisi is stepping down as CEO of MTN South Africa, and is being replaced in the role by Ferdi Moolman, who was a key driver behind the telecommunications group’s growth in Nigeria, where he was CEO between 2016 and 2021. At the same time, Yolanda Cuba, currently…
Toyota plans to introduce three fully electric models in South Africa in 2026, a senior executive said on Thursday, entering a nascent EV market where Chinese rivals such as BYD are already competing with European car makers. Volvo currently dominates EV sales in South Africa, followed by BMW and Mercedes-Benz, but Chinese EV makers are…
South Africa’s energy and mobility sectors are colliding in transformative ways. Electric vehicles have become more accessible, and CleanTechnica reports that local EV sales have grown by 35% between 2023 to 2024. Yet, this exciting growth is marred by a familiar challenge: the country’s fragile, overburdened national electricity grid. Can our electricity system support this…
The Xiaomi SU7 Ultra beat the Tesla Model S Plaid at the Nürburgring Chinese consumer electronics giant Xiaomi, which has diversified into electric cars in recent years, has revealed for the first time that it will launch its flagship – and insanely quick – SU7 Ultra electric vehicle in South Africa. The Ultra variant of…
South African companies have taken widely divergent approaches to their work-from-home polices as the Covid-19 pandemic and lockdowns recede into memory. While some have embraced the remote work culture, others have adopted a hybrid approach in an effort to strike a balance between the social benefits of in-person interactions and the freedom of remote contribution….
A major breakthrough in quantum technology was achieved in October 2024: the first-ever quantum satellite communication link between China and South Africa. The connection spanned a remarkable 12,900km: the longest intercontinental quantum communication link established to date. The longest before this was 7,600km and within the northern hemisphere only. It was achieved with quantum key…
In South Africa’s fast-moving media landscape, one platform consistently commands the attention of the country’s most influential business and technology leaders: TechCentral. While many outlets compete for clicks, TechCentral has carved out a unique position as the go-to source for the executives shaping the nation’s digital future. Its exclusive focus on technology, telecommunications and innovation…
