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Bulls&Bears: South Africa’s telco sector: defensive, resilient, and emerging from a rough patch

Shmuel SimpsonThe South African telecommunications sector has long been considered a defensive play, offering relative stability through economic cycles due to its critical infrastructure role and dependable cash flow generation. Despite macroeconomic headwinds, regulatory pressures, and currency volatility in recent years, telcos have continued to provide essential services with relatively…
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Elon Musk says xAI startup buying X platform

Glenn ChapmanElon Musk on Friday said his artificial intelligence startup xAI is buying his social networking platform X in a deal valuing the company once known as Twitter at $33 billion (R594bn)."This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach," Musk…
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