Microsoft is done subsidising Xbox, and the cuts are coming
After more than $20 billion in five years and a 3% profit margin, Microsoft's new Xbox boss says the business 'cannot continue' as it is.
MTN's Ralph Mupita gets a seat at the UN's new AI table
MTN Group CEO Ralph Mupita has been named a founding commissioner of the UN's AI for Good Global Commission, joining Nvidia's Jensen Huang and Amazon's Andy Jassy on the 44-member body that meets for the first time in Geneva this week.
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A severe El Niño is on the way. Here's why South Africa shouldn't panic
Forecasters have confirmed a severe El Niño will coincide with the 2026-27 planting season, but a record 17.25-million-tonne maize crop and unusually moist soils give South Africa a rare buffer against the coming drought.
'Use it or share it': the telecoms bill that could cut data prices is open for comment
Parliament is taking public submissions until 21 August on the Electronic Communications Amendment Bill, which would force big operators to share unused spectrum and open their networks to smaller rivals.
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Municipalities are sinking deeper into debt, 20 years of data show
Stats SA's two-decade review of municipal finances shows council debt rising faster than revenue, with 17 municipalities owing more than they own ahead of November's local elections.
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Chery takes the wheel at Rosslyn as it becomes a South African carmaker
The Chinese brand has taken over the Pretoria plant Nissan ran for nearly 60 years, keeping all 692 workers and pledging hundreds of millions of dollars to build cars locally.
The little-known fintech making FirstRand's R5bn bet look smart
Optasia's shares had their best day since listing after the mobile-lending group told investors its revenue could jump as much as 60%.
The AI firm behind Claude now wants to make its own medicines
Anthropic has unveiled a research tool for scientists and, more surprisingly, plans to develop drugs of its own for diseases big pharma overlooks.
How fake Spotify streams broke a $3 million bet
Spotify has told Kalshi and Polymarket to drop its logo after users faked streams to rig prediction-market bets on its charts.
Naspers is giving away powerful AI, and hoping the payoff comes later
Prosus has launched ToqanClaw, a free tool that lets small businesses build their own apps, but it still hasn't cracked how to make money from it.
Rand firms and the JSE climbs as soft US jobs data weakens the dollar
The local unit traded around R16.23 to the dollar on Friday and the Top-40 rose 1.1%, as a tepid American jobs report pushed back bets on a near-term Fed rate hike.
South Africa’s private sector edges back to growth as price pressures cool
The S&P Global PMI rose to 50.5 in June, nudging past the line between growth and contraction as inflation eased — but business optimism sank to a near-five-year low.