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News
Lesaka’s plan to improve performance in merchant business
1+ hour, 31+ min ago (495+ words) Lesaka Technologies’ plan to improve performance in its merchant business relies on a similar playbook used for the consumer division. The company until recently consisted of two divisions: a merchant unit and a consumer segment. The consumer unit focuses on…...
OpenAI’s Altman calls AI extinction risk ‘unacceptable’
32+ min ago (500+ words) OpenAI will not go public in 2026, CEO Sam Altman said in remarks published on Saturday, citing safety concerns over artificial intelligence that render “unacceptable” even a 10% risk that AI could cause human extinction by decade’s end. The comments come as…...
Lesaka targets three-million customers by 2029
6+ hour, 50+ min ago (135+ words) businessday.co.za Lesaka targets three-million customers by 2029 The fintech group looks to accelerate growth through acquisition of Bank Zero Story audio is generated using AI Fintech group Lesaka Technologies is targeting three-million consumer customers by 2029 as it looks to…...
ARTHUR GOLDSTUCK | Acer gives Packard Bell another life
14+ hour, 28+ min ago (733+ words) How do you turn a 100-year-old brand into a start-up? Many venerable institutions that have survived that long would love an answer. Computer maker Acer’s strategy is to revive a forgotten range called Packard Bell and give it a small…...
STEPHEN CRANSTON | Financial advice shifts from sales to client needs
3+ day, 9+ hour ago (816+ words) I am old enough to remember the days before people talked of financial advice. The gold standard was to qualify for the Million-Dollar Round Table, a delightful piece of Americana. Anyone who wrote $1m of premium income would be able to…...
EDITORIAL | We need clear regulation around data centres
3+ day, 9+ hour ago (571+ words) There is no arguing that South Africa needs data centres to power its digital economy. As one industry executive argued recently, the digital computing and storage hubs support services including banking, e-commerce, health care, government services and digital businesses. And…...
Telkom repurposes legacy infrastructure to capitalise on AI chance
3+ day, 21+ hour ago (523+ words) Telkom sees opportunity in capitalising on the growth in digital infrastructure demand now being driven by AI. The group has already begun to make use of existing property and fibre assets to offer data centre services to customers leveraging the…...
Charge launches real-world e-vehicle test on Joburg-Durban N3
4+ day, 3+ hour ago (392+ words) Zero Carbon Charge (Charge) has launched a real-world electric vehicle (EV) test on the N3 between Johannesburg and Durban, an initiative that will turn electric vehicle journeys into a source of real-world data for motorists and fleet operators considering the switch…...
EDITORIAL | Costs of telecommunication: a probe government puts on repeat
4+ day, 9+ hour ago (638+ words) The cost of telecommunications in South Africa has been a point of contention for about two decades. It’s a criticism that Big Telco has learnt to live with. Every now and then, a market survey or inquiry is launched with…...
HEATH MUCHENA | The bond market is warning crypto investors to grow up
4+ day, 9+ hour ago (621+ words) The bond market is not usually where crypto investors look for excitement. It should be. In August, long-term government yields across the US, Japan and Europe moved to levels that forced every risk asset to pay attention. The US 30-year…...