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All the key announcements from Google I/O 2024

Google has showed how it is building on artificial intelligence across its businesses, including a beefed-up Gemini chatbot and improvements to its prized search engine as it races to compete with AI rivals. The flurry of announ
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15 May 2024

Terrorist financing probe blocks Red Sea cable repair

The Yemeni government is holding back repairs on a key internet cable that's been damaged in the Red Sea as it conducts a criminal investigation into the cable owners' alleged ties to the Houthi militia. The Iran-backed Houthis,
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15 May 2024

Canal+ now owns more than 45% of MultiChoice

France's Groupe Canal+ has continued snapping up shares of MultiChoice Group as a 4 June deadline nears to publish a joint circular about the former's mandatory offer to acquire the JSE-listed parent of DStv and Showmax. Canal+
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14 May 2024

The rand is surging ahead of South Africa's pivotal election

The rand has erased the year's losses and South Africa's benchmark stock index closed at the highest level in more than nine months as investors positioned for a market-friendly outcome in the 29 May election. The currency is on
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14 May 2024

Currency woes knock MTN first quarter results

MTN Group, Africas biggest telecommunications operator, reported an 18.8% decline in its first-quarter service revenue, weighed down by the performance of MTN Nigeria. South Africa-headquartered MTN, with 288 million subscribers
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14 May 2024

Watch | 'It feels like AI from the movies': OpenAI unveils ChatGPT-4o

ChatGPT maker OpenAI said on Monday it would release a new AI model called GPT-4o, capable of realistic voice conversation and able to interact across text and image, its latest move to stay ahead in a race to dominate the emerging techn
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14 May 2024

Zimbabwe to revive mobile money service it once blamed for currency crash

Zimbabwe will allow mobile money agents, once blamed for fuelling the collapse of the now-defunct Zimbabwean dollar, to operate again to boost the use of its new gold-backed currency. Econet Wireless Zimbabwe, founded by tycoon
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14 May 2024

Cutting wholesale call rates a waste of time: Vodacom

Vodacom Group CEO Shameel Joosub said on Monday that planned further cuts to call termination rates will have no real impact on the retail prices paid by consumers. Speaking to TechCentral in an interview on Monday, Joosub urged
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13 May 2024

Load shedding respite is no political ploy: Ramaphosa

President Cyril Ramaphosa on Monday rejected opposition allegations that a recent pause in the electricity cuts that have plagued the country for years was due to the election coming up on 29 May. Rolling power cuts imposed by E
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13 May 2024