Capitec continued to grow its customer base, as active clients increased to 26.6 million. (Image supplied) Capitec’s fintech operations, comprising value-added services (VAS) and its mobile virtual network operator (MVNO) Capitec Connect, continued to gain momentum in the six months to 31 August, with net income from the businesses rising 30% to R2.7 billion. The…
Mduduzi Sibisi, Product Head at New Leaf Technologies. The global corporate e-learning market is forecast to more than triple in size this decade as employers face growing pressure to continuously reskill their workforces – but the surge in demand is also exposing a fundamental problem: organisations need to create and update training content faster than…
Rescue teams were searching for hundreds of missing people along the Nepal-China border Thursday after a catastrophic, deadly torrent of floods and mud swept through several communities a day earlier following a glacial collapse. The head of Nepal’s tourism board told CBS News Thursday that 65 U.S. nationals were among those missing in the wake…
HONG KONG — The robotics firm behind China’s famously backflipping humanoids leapt to a remarkable stock market debut on Wednesday, with Unitree’s shares closing up 460% as investors rally behind homegrown beneficiaries of the A.I. boom. Chinese humanoid and other robots have advanced at a breathtaking pace as Beijing competes for global tech dominance with…
South Africa’s headline consumer inflation accelerated faster than expected to 5% year on year in June, from 4.5% in May, data from Stats SA showed on Wednesday. The June print marks the fourth consecutive month of accelerating inflation — the rate has climbed steadily from 3% in February, when it briefly touched the Reserve Bank’s…
Nebius stock surged on Tuesday after Nvidia disclosed a 9.3% stake in the neocloud. The Amsterdam-based company has emerged as one of Europe’s leading neoclouds providing AI compute, and has inked multiple deals with tech giants in 2026 amid massive infrastructure spending. Shares of Nebius were up 7% in premarket trading. The company has been…
South Africa bucked a trend seen across Africa, with a three-fold increase in iGaming fraud. (Image created by GenAI) South Africa’s know-your-client (KYC) and anti-money-laundering (AML) tools are seen as fragmented, as the country experiences a three-fold surge in iGaming fraud. This, even though the country was taken off a global financial watchdog’s greylist last…
E-hailing platforms have enabled hundreds of thousands of drivers to earn income despite persistent unemployment and economic challenges. (Image created via Gemini) South Africa’s e-hailing sector has evolved from a convenient transport alternative into a significant contributor to the country’s digital economy, creating hundreds of thousands of income-generating opportunities. This, as the country continues to…
South African Elon Musk is the first person to be worth more than $1 trillion. (Graphic by Nicola Mawson, with images from Daniel Oberhaus and SpaceX) Pretoria-born Elon Musk has become the first person in the world to be worth more than $1 trillion after SpaceX’s share price gained 25.38% almost overnight to hit a…
Shares of Zoom Video Communications Inc. skyrocketed as much as 18% on Friday, marking the company’s largest intraday gain since September 2020. The stock rally followed a stronger-than-anticipated sales forecast, signalling that the videoconferencing pioneer is successfully convincing enterprise clients to pay for its broader ecosystem of workplace productivity tools. Read: Google says Gemini Omni…
