Social media platforms face scrutiny over addictive algorithms; new law aims to give Australians greater feed control. Published On 7 Sep 20267 Sep 2026 Social media platforms could be forced to give users in Australia an option to turn off “powerful” algorithms under draft laws to be unveiled by the government this week, Communications Minister…
Shoprite’s trading profit increased 8.4% to R16.2 billion, while gross profit rose 8.1% to R66.5 billion for the 52 weeks ended 28 June. Shoprite has expanded its push into South Africa’s informal economy and digital financial services after finalising the acquisition of an initial 51% stake in R&A Cellular. According to the retail group’s latest…
The Economic Community of West African States (ECOWAS) has adopted a framework aimed at strengthening the organisation, representation and regional influence of tourism business associations across the sub-rgion. The framework provides guidelines for the recognition and accreditation of Regional Business Associations (RBAs), with the aim of promoting transparency, accountability, stronger institutional governance and deeper regional…
South African Information and Communication Technology Association CEO Dr Jannie Zaaiman. The South African Information and Communication Technology Association (SAICTA) has introduced a new jobs portal aimed at connecting ICT professionals and graduates with employers. Called Industry Connect, the portal is intended to go beyond traditional online job boards by linking employers, jobseekers and professional…
MTN Group is targeting 150MW of capacity in a first phase spanning South Africa and Nigeria, group CEO Ralph Mupita told a media roundtable on Tuesday. The group will hold only a minority stake in the UAE-backed data-centre venture behind it, he said. The comments put hard numbers to a deal MTN described only in…
As Anthropic prepares for a landmark initial public offering, Wall Street is looking unusually far into the future to value the artificial intelligence startup. Bankers and institutional investors are calculating the company’s enterprise value based on projected 2028 revenues of $190 billion to $200 billion. By anchoring valuation models to metrics two years out, underwriters…
The potential investment in OPay followed Standard Bank Group’s disclosure that it plans to increase its investments in companies across Africa in June. Africa’s largest bank by assets, Standard Bank Group is in negotiations with Nigerian fintech company OPay ahead of the latter’s planned initial public offering (IPO) in the United States. OPay is working…
South African security provider CAP is expanding the role of CCTV beyond traditional surveillance, using artificial intelligence to turn existing camera networks into business intelligence tools. Its SmartGuard division, which provides CCTV solutions to more than 400 clients across residential estates, corporate campuses and commercial and industrial properties, currently monitors almost 5,000 cameras. The division…
The Department of Public Service and Administration wants to establish a training programme for information security officers across the public sector. National Treasury’s eTenders Portal offers a mixed bag this week, with a broad range of public sector requirements spanning software, hardware and services. It is a tender from the Department of Public Service and…
South Africa could put a satellite into orbit on a locally built rocket by 2030 – if someone finds R3-billion and the team building it grows sixfold. That is the ambition of the University of KwaZulu-Natal’s Aerospace Systems Research Institute (ASRI), which is developing the liquid-fuelled Saffire engine and the two-stage commercial launch vehicle (CLV)…
