admin

Andile MasukuRob Bergman's carrier-neutral vision for Africa's digital infrastructure arrives at a fascinating inflection point - when powerful contradictions in internet connectivity expansion are playing out across the continent and around the world."People think of digital infrastructure as a buzzword," Bergman explained during our recent African Tech Roundup podcast conversation, "but there's…

Absa’s appointment of former Standard Bank deputy CEO Kenny Fihla as its new CEO on Monday, after he resigned suddenly from his former employer on Sunday night, would address a leadership vacuum at Absa and possibly improve market sentiment in Absa.Absa announced Fihla's appointment as CEO was effective from June…

MTN’s management have been encouraged by trends that point to optimism about the pan-African telecoms group’s growth this year, in spite of some remaining near-term macroeconomic and geopolitical uncertainties, CEO Ralph Mupita said on Monday.The group, which serves 291 million subscribers in 16 markets and which Monday reported strong underlying…

Banele GinidzaAviation industry leaders on Monday said changes being rung by Transport Minister Barbara Creecy at the Air Traffic Navigation Systems (ATNS) were akin to booting the stable door after the horses had bolted.The changes brought about at the ATNS included the recruitment of ATNS' high level staff poached by…

Banele GinidzaRotational load shedding cost the South African economy about R2.8 trillion in 2023 as the country experienced the highest and intensified bouts of power cuts than any other year.However, the economy recovered in 2024 as the country experienced more than 300 consecutive days without load shedding as no power…

The latest findings from the Agbiz/IDC Agribusiness Confidence Index (ACI), released on Monday, reveal a notable surge in confidence among South African agribusinesses.The index jumped 11 points from the fourth quarter of 2024 to reach 70 in the first quarter of 2025, marking the third consecutive increase and the highest…

South Africa’s major banks - Absa, FirstRand, Nedbank, and Standard Bank- posted a modest uptick in earnings for 2024 against a backdrop of formidable challenges, according to the latest PwC report released on Monday.Combined headline earnings climbed 5.9% from the 2023 financial year to R119 billion, a slowdown from the…

Farming associations across South Africa are celebrating optimistic forecasts from the Crop Estimates Committee (CEC), projecting the nation’s harvest at a significant 17.2 million tonnes, marking an 11% increase from the previous season. This upward trend is stirring hope among farmers who endured challenging conditions last year.The anticipated commercial maize…

Hulamin, which has put its Hulamin Containers business unit up for sale, said Monday that the benefits of a recovery in demand for its aluminium products have been constrained by operational challenges and rolled product volumes increased only 2% in 2024.The Pietermaritzburg-based mid-stream aluminium semi-fabricator said Monday that no dividend…

As Sun International, the South African gaming and hospitality group, delivered bumper annual 2024 results on the back of online gambling platform Sunbet, CEO Anthony Leeming, acknowledged that strained US-South African relations could see fewer American tourists heading to the country, particularly impacting Cape Town.“I think Americans will reduce travel…