Telkom Group CEO Serame Taukobong Telkom customers who want to buy fibre, mobile and a fixed-wireless product in a single purchase still can’t do so easily – a shortcoming group CEO Serame Taukobong has acknowledged is the central problem a multi-year overhaul of the operator’s back-office systems is meant to solve. “If you walked into…
SINGAPORE, SINGAPORE – MAY 29: Police officers stand on patrol during the 23rd IISS Shangri-La Dialogue at the Shangri-La Hotel on May 29, 2026 in Singapore. Senior defence officials and military leaders from across the Asia-Pacific and beyond convene at the Shangri-La Hotel in Singapore for the International Institute for Strategic Studies (IISS) Shangri-La Dialogue,…
South Africans are outsourcing shopping decisions to AI tools. South Africans are increasingly turning to artificial intelligence (AI) tools as a core part of their shopping, with almost half of surveyed people now using AI tools weekly to inform their purchasing decisions. This is according to latest edition of SpendTrend26, compiled by Discovery Bank and…
Software maker Oracle has started telling employees that it’s conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, said the people, who asked not to be identified to discuss a confidential matter. As of May 2025, the company employed 162,000 people. Shares of Oracle have…
Standard Bank Group’s annual financial results, published on Thursday, have revealed that Africa’s largest bank by assets spent more than R14-billion on cloud, software and technology in 2025 — an 8.7% year-on-year increase that far outpaced the growth in its overall cost base. The “cloud, software and technology” line item in the group’s operating expenses…
Nvidia delivered another set of record-breaking results for its January quarter on Wednesday, bolstered by the relentless demand from “Big Tech” for its specialized AI processors. The company posted a 94% increase in sales, reaching $68.1 billion, and projected current-quarter revenue of approximately $78 billion, comfortably exceeding market expectations of $72.6 billion. Read: The new…
A general view of the Google Midlothian Data Center where Texas Gov. Greg Abbott and Alphabet and Google CEO Sundar Pichai are scheduled to speak on Nov. 14, 2025 in Midlothian, Texas. Ron Jenkins | Getty Images Alphabet, Microsoft, Meta and Amazon are expected to spend nearly $700 billion combined this year to fuel their…
BEIJING, CHINA – NOVEMBER 6: Women wearing Qing Dynasty-style costumes take photos inside the Forbidden City on November 6, 2025, in Beijing, China. Cheng Xin | Getty Images News As Chinese households remain reluctant to spend on big-ticket goods, Beijing is leaning on a new lever to revive consumption: experiences and everyday services. China’s cabinet…
Abuja — United Nations Secretary-General António Guterres has warned the world is at a critical turning point, urging global leaders to redirect priorities from war to peace as military spending reaches unprecedented levels. In his New Year video message, Guterres said the international community is grappling with deepening chaos and uncertainty marked by growing divisions,…
Ben Powell, chief strategist for Middle East and Asia Pacific at BlackRock Investment Institute, at the Abu Dhabi Finance Week (ADFW) conference. Bloomberg | Getty Images The wave of capital pouring into artificial intelligence infrastructure is far from peaking, said Ben Powell, chief investment strategist for APAC at BlackRock, arguing the sector’s “picks and shovels”…
