South Africa

SA cinema group shows resilience in face of streaming competition

ITWeb Africa spoke with Avalon Group's CEO, AB Moosa, on the industry challenges including job cuts, and the impact of online video streaming.
Samuel Mungadze
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1:50

MTN Group, Huawei unveil innovation lab in South Africa

The R&D centre will focus on 5G, artificial intelligence, data analytics, cloud computing, and digital financial services.
1:30

South African regulator grants licences to AltCoinTrader

The announcement comes as Bitcoin hovers at all-time high levels and there is increased interest in digital assets in South Africa and globally.
3:00
16 Apr

SEACOM launches LEO satellite service for enterprise clients

Satellite technology is gaining traction on the African continent, with telecom companies and authorities agreeing to use it to advance the continent's economic goals.
2:40

Canal+ raises its stake in MultiChoice as it seeks overall control

The JSE-listed MultiChoice informed shareholders today that the French media firm's stake has now increased to 40%.
0:50

SA regulator grants licence to crypto firm Luno

This follows the regulator’s declaration of crypto assets as a financial product under the Financial Advisory and Intermediary Services Act of 2002.
2:00

SA takes steps to tackle money laundering, terror funding

Proposed draft changes to the Financial Intelligence Centre Act's money laundering and terrorism financing control laws were presented for public comment this week.
3:00
10 Apr

MTN maintains top brand position in SA

Brand Finance named MTN as the country’s most valuable brand, followed by rival telco Vodacom.
2:30

Africa Data Centres, DPA SA construct solar farm in Free State

The solar facilities will provide renewable energy to Africa Data Centres facilities, beginning with its carrier-neutral data centre in Cape Town.
1:10

Prop-tech firm RE-TEC Solutions gets REdimension funding

The investment will enable the company to accelerate platform development and strengthen its expansion strategy in South Africa and selected global markets.
1:10

South Africa speeds up project to connect citizens

South Africa says it has connected over 740,000 households to the internet this year, primarily through 4,250 Wi-Fi hotspots.
2:20

SANEF calls out Big Tech inaction over SA election misinformation

The body representing South Africa’s news media has had little response to requests for dialogue with Big Tech or Parliament over safeguards for the upcoming election.
1:50

Smart-View Tech gets reward for clean-tech innovation

The company provides data analytics solutions across several industries, with a particular emphasis on utilities, field worker management, and IoT device integration.