[ad_1] Sarah Meyssonnier/Reuters French media group Canal+’s warning on Wednesday that subsidiary MultiChoice Group had lost subscribers and would see further revenue erosion, resulted in its shares cratering 23.5% in their worst one-day performance since listing in London 15 months ago. Canal+ acquired MultiChoice in 2025 in a move designed to further its ambition to become a global entertainment platform across Europe, Africa and Asia by expanding its foothold in English-speaking Africa. That strategy has clearly got off to a rocky start. Canal+ reported a drop in subscribers at MultiChoice from 14.9 million to 14.4 million in 2025 The company…
Author: Chris Anu
[ad_1] Graphic: Xsolla Xsolla, a leading global video game commerce company, today released the latest edition of The Xsolla Report, timed to coincide with this week’s activations and collaborations in San Francisco. This edition provides insights from working with thousands of studios to map out where the industry’s biggest opportunities are emerging. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260311021020/en/The gaming industry remains extraordinarily vibrant, and the playbook for success is changing. Studios that are adapting their commercial strategies, embracing direct-to-player commerce, expanding into high-growth global markets, and leveraging AI to sharpen operations are pulling ahead and…
[ad_1] Sarah Meyssonnier/Reuters French media group Canal+’s warning on Wednesday that subsidiary MultiChoice Group had lost subscribers and would see further revenue erosion, left its shares on track for their worst one-day performance in history. Its shares were down more than 20% at 2.54pm SAST (12.54pm GMT), their worst day since listing in London 15 month ago. Canal+ took over MultiChoice in 2025, in a move set to push its ambition to become a global entertainment platform across Europe, Africa and Asia by expanding its foothold in English-speaking Africa. Its shares were down almost 20% at 2.46pm SAST, their worst…
[ad_1] Bruce von Maltitz, CEO of 1Stream. While traditional automated systems have long supported the foundations of digital customer service in SA, the integration of AI voice agents is a turning point that will revolutionise the way consumers engage with brands.So claims Bruce von Maltitz, CEO at 1Stream, who explains that for many years, interactive voice response systems provided the necessary framework for routing calls. However, substantial investment in local infrastructure has moved the contact centre industry forward and it now facilitates the combination of advanced large language models with high-speed speech-to-text engines.AI can handle high volumes of routine queries and…
[ad_1] Outsourcing contracts often come with two invoices. The first is the one you sign: a low hourly rate that looks too good to ignore. The second arrives later: the cost of rework, lost time, reputational damage and sleepless nights for executives. Many organisations have learnt the hard way that the second invoice is far more expensive than the first. What’s the real cost of “cheap”? For years, outsourcing has been framed as a quick win — a way to cut delivery costs by moving work offshore. On paper it looked like a bargain. But in practice those short-term savings…
[ad_1] In this episode of ITWeb TV on The Road, Capitec CEO Graham Lee and Home Affairs minister Dr Leon Schreiber speak to ITWeb about the smart ID self-service centre launch in Orange Farm, as well as how technology is being deployed to combat fraud and reduce queues at the department. #HomeAffairs #SmartIDSouth Africa’s banks are increasing efforts to help expand access to smart ID services, as the Department of Home Affairs rolls out a digital partnership model designed to reduce queues, strengthen identity security and bring services closer to communities.Capitec yesterday launched an in-branch smart ID application service using…
[ad_1] Absa Group has written off R2.4-billion in software assets after a revision of its overall strategy led to changes in investment priorities and faster-than-expected technology obsolescence, its annual financial statements show. The software impairments – more than 13 times the R179-million written off a year earlier – were spread across the group, with the largest hit taken by head office, treasury and other operations (R1.1-billion), followed by personal and private banking (R611-million), corporate and investment banking (R559-million), Africa regions (R63-million) and business banking (R43-million). Absa said the recoverable amount of the affected software assets was determined to be zero.…
[ad_1] Empower+ equips adolescent girls with foundational and AI skills, preparing them for an AI-enabled economy. (Image supplied by Microsoft) Microsoft and the UNAIDS-supported Education Plus initiative have collaborated to launch Empower+, a free artificial intelligence (AI) and digital skills platform aimed at equipping young people with future-ready skills across 21 African countries.According to a statement, the platform, available in SA, integrates digital literacy, applied AI training and HIV awareness content to create inclusive pathways for learning and opportunity.Empower+ seeks to address a critical gap: while demand for digital skills in Africa is rising, access remains uneven, especially for girls…
[ad_1] Leo Brent Bozell III. Image: Gage Skidmore The US’s new ambassador to South Africa has pointed to the deep footprint of American technology companies in the local economy, signalling that Washington sees the country’s digital and innovation sectors as a central pillar of the bilateral relationship. In his first major public address since arriving in Pretoria, ambassador Leo Brent Bozell III emphasised the scale of US investment in South Africa, noting that hundreds of American companies operate in the country and collectively employ hundreds of thousands of people. Many of those companies are in the technology and digital services…
[ad_1] VCB-AI aims to be an essential, integrated partner for businesses in SA. (Image: 123rf) Mission statement (what VCB-AI does today):VCB-AI’s mission is to empower businesses to harness the full potential of artificial intelligence by providing innovative, proprietary AI platforms/applications. VCB-AI will also be offering its customers unique, robust and high-performance storage infrastructure.Vision statement (what VCB-AI wants to achieve in the future):To be the essential, integrated partner for businesses in South Africa, driving the future of data-driven innovation by delivering cohesive AI software and core storage hardware solutions.Core business strategy (how VCB-AI competes):Dual-channel strategy with integrated valueVCB-AI will operate with…