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Capitec earnings rise 19% driven by surge in fintech

By Theunis Jansen van Rensburg
In BusinessFinanceSouth AfricaTechnology
1 week ago
Capitec Bank has reported a 19 percent increase in group headline earnings to R9.5 billion for the six months ending 31 August 2026.

Revolut pilots biometric facial recognition payments

By Theunis Jansen van Rensburg
In BusinessFinanceTechnology
2 weeks ago
Revolut has launched "Pay with Smile," a biometric payment system that enables consumers to complete transactions using facial recognition.

AfriForum demands withdrawal of ‘unlawful’ municipal solar tariff

By Theunis Jansen van Rensburg
In FinanceSouth AfricaTechnology
1 month ago
AfriForum has demanded that the Thaba Chweu Local Municipality and NERSA rectify a controversial solar panel levy imposed on local households.

Xiaomi signals turnaround ahead as Q2 profit drops 43 percent on component costs

By Theunis Jansen van Rensburg
In BusinessFinanceGadgetsTechnologyXiaomi
2 months ago
Xiaomi announced that the heaviest pressures on its smartphone business have likely passed, even as second-quarter earnings missed analyst projections due to elevated component prices.

Stripe and Advent International in acquisition talks for PayPal

By Theunis Jansen van Rensburg
In BusinessFinanceTechnology
2 months ago
Payment processing giant Stripe and private equity firm Advent International are in active negotiations to acquire PayPal Holdings.

SpaceX shares plunge after first earnings release since IPO

By Theunis Jansen van Rensburg
In BusinessFinancePopularSpaceXTechnology
2 months ago
SpaceX has published its first quarterly earnings report since going public, posting strong revenue growth and massive AI expenditure growth.

Shein targets $40 billion IPO valuation in IPO

By Theunis Jansen van Rensburg
In BusinessEcommerceFinanceTechnology
2 months ago
Ultra-fast fashion retailer Shein is seeking a valuation of $30-$40 billion for its initial public offering (IPO) in Hong Kong.

WalletDoc to be acquired by Capitec for R400 million

By Theunis Jansen van Rensburg
In FinancePopularSouth AfricaTechnology
2 months ago
Capitec’s proposed R400 million acquisition of fintech provider Walletdoc has been approved, subject to specific behavioural conditions.

Microsoft scores record one day market cap gain on cloud momentum

By Theunis Jansen van Rensburg
In BusinessFinanceMicrosoftPopularTechnology
2 months ago
Microsoft added nearly $450 billion in market value in a single trading session, the largest one-day gain on record.

Microsoft eyes studio closures and Blade cancellation in latest Xbox overhaul

By Theunis Jansen van Rensburg
In BusinessEntertainmentFinanceGamingTechnologyXbox Series SXbox Series X
3 months ago
Microsoft is weighing the complete closure of Arkane Lyon and the cancellation of its highly anticipated Marvel's Blade project.

Prosus profits surge 84% as consumer platforms reach global profitability

By Theunis Jansen van Rensburg
In BusinessFinanceTechnology
3 months ago
Prosus, the European-listed subsidiary of Naspers, has reported an 84% surge in full-year adjusted core profit.

SpaceX eclipses Amazon and Microsoft in wild, post-IPO surge

By Theunis Jansen van Rensburg
In BusinessFinanceScienceSpaceXTechnology
4 months ago
Driven by a trading frenzy in newly listed derivatives, SpaceX shares jumped to new highs, locking in a staggering $2.65 trillion market capitalization.
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