National Gambling Board data shows about R1.5 trillion was wagered in SA’s gambling industry in 2024–2025. South Africans are diverting money they are supposed to spend on groceries to try their luck on online gambling. This is one of the biggest findings from a study conducted by Durban-based market research firm Trade Intelligence. The online…
President Donald Trump met Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolás Maduro. Exxon CEO Darren Woods, ConocoPhillips CEO Ryan Lance and Chevron Vice Chairman Mark Nelson attended. Executives from Halliburton, Valero and…
The author, Richard Firth The South African government spends billions of rand annually on technology and infrastructure, yet citizen-facing systems are well-known for being inadequate for the task. From chronic billing issues in municipalities like the City of Johannesburg to cries of “offline” at every home affairs office in the country, South Africans are left…
Deven Moodley, executive head: VAS, FS and mobile at Pick n Pay. Pick n Pay customers collectively spent a monthly average of R1.4 million in crypto-currency over the past 12 months, across its retail stores nationwide. According to the retail giant, Bitcoin payments are following mainstream retail trends, as more crypto holders are now using…
Anthropic announced plans Wednesday to spend $50 billion on a U.S. artificial intelligence infrastructure build-out, starting with custom data centers in Texas and New York. The facilities, which will be designed to support the company’s rapid enterprise growth and its long-term research agenda, will be developed in partnership with Fluidstack. Fluidstack is an AI cloud…
Cryptocurrencies are moving beyond being seen as an investment asset as users find real-world uses in everyday contexts. It appears crypto is becoming more like cash – with users prepared to use it more at the point of sale. Crypto payments specialist MoneyBadger is hoping to profit from this trend, recently signing a deal with…
Sim Tshabalala, Standard Bank Group CEO. Standard Bank, Africa’s biggest bank by assets, ramped up its technology spend in the six months to 30 June 2025 (H125), investing a total of R3.7 billion across its divisions. The JSE-listed financial services group revealed the figures in its interim results for 2025, noting that software, cloud and…
Customers on a Delta Air Lines flight from Madrid to New York spent more than a day on Terceira, Azores — a small island in the middle of the Atlantic Ocean — after an engine problem midflight prompted an emergency landing, an airline spokesperson said. There were 282 customers and 13 crew members on board…
