Groupe Canal+ CEO Maxime Saada has candidly addressed the financial challenges facing Showmax, admitting that the MultiChoice-owned streaming platform has failed to achieve commercial success. During a recent investor call following Canal+’s acquisition of MultiChoice, Saada noted that the service has been a significant financial drain, losing substantial capital over the past several years. Read:…
WeBuyCars CEO Faan van der Walt. While pre-owned car dealer WeBuyCars is doubling down on advanced technologies like artificial intelligence (AI), machine learning and chatbots to sharpen its operations, the company continues to battle sluggish demand for electric vehicles (EVs). This is according to WeBuyCars CEO Faan van der Walt, speaking to ITWeb on Monday,…
Regulatory obstacles in South Africa could cost Starlink its usual first-mover advantage, potentially allowing Amazon’s Project Kuiper to enter the local market concurrently or even sooner. Kuiper, which began launching satellites in April, plans beta testing soon, with a commercial rollout expected in 2026. Amazon representatives have reportedly met with local telecoms ahead of this…
