Author: Gugu Lourie

As the digital economy continues to mature, more long-term investors are seeking secure passive income models with high returns. Recently, long-term XRP (Ripple) holders are turning to Find Mining, a regulated crypto mining platform, to generate a stable passive income of up to $7,400 per day. This is not a gimmick, but a new legal way to grow wealth Find Mining is not a “get-rich-quick” scheme with false promises. Instead, it is a legitimate crypto mining platform that has undergone international financial audits and security certifications. Its operating mechanism is based on actual computing power leasing and the distribution of…

Karooooo, the parent company of Cartrack, announced strong financial results for its second quarter ended August 31, 2025, highlighting a significant acceleration in its subscription revenue growth. The company reported that its subscription revenue growth increased from 15% in the same quarter last year to 20% this quarter. Cartrack, its primary subsidiary, saw quarterly subscription revenue hit a record R1,1 billion. “Our subscription revenue growth increased from 15% in full year 2025 quarter two2 to 20% in this quarter,” said Zak Calisto, CEO and Founder of Karooooo. “We believe that our strong unit economics coupled with a clean balance sheet…

Amid a proposal for free hotspots, Telkom highlights its “constructive engagement” with the regulator to advance digital inclusion In response to a new ICASA proposal that would mandate free WiFi hotspots at 171 government centres, Telkom has struck a conciliatory and forward-looking tone, emphasising its willingness to collaborate on shaping South Africa’s digital future. The proposed regulations, gazetted by the Independent Communications Authority of South Africa (ICASA), would impose new Universal Service Obligations on the partly state-owned operator. The plan requires Telkom to provide uncapped, free internet connectivity with speeds of at least 30Mbps to 171 Thusong Service Centres in…

South Africa’s grocery shopping habits are changing fast, and SPAR is racing to keep up. In a major expansion of its partnership with Uber Eats, the retailer plans to have over 800 stores on the delivery app, making it easier than ever to get essentials delivered to your door. This move is a direct response to a massive shift in how South Africans shop. Online grocery sales have exploded, growing 54% annually since 2019 to reach a R23 billion market. A new report from McKinsey shows that 26% of consumers plan to spend even more on online groceries in the…

French media giant Group Canal+ has all but completed its takeover of MultiChoice, It has securied a 94.39% of the South African pay-TV group’s issued shares following the close of its mandatory offer to shareholders. The company has also confirmed it will proceed with the compulsory acquisition of remaining shares and delist MultiChoice from the Johannesburg Stock Exchange (JSE). The mandatory offer, which closed on 10 October 2025, was accepted by shareholders holding approximately 92.54% of the shares not already owned by Canal+. With this overwhelming success, Canal+ will now invoke provisions of the Companies Act to compulsorily acquire all remaining…

South Africans are working harder than ever to stretch every rand. In a climate of rising costs, a new e-commerce player, The Hawker, is transforming the refurbished and pre-owned market into a destination of trust, pride, and smart value. More than just an online store, The Hawker is building a value brand designed for South Africans, combining affordability, transparency, and an authentic local identity. It tackles the growing need for affordable essentials head-on by curating a range of electronics, appliances, and gadgets, all meticulously graded for condition. “South Africans work hard for every rand. With The Hawker, we give people…

Forget the search bar. The future of ecommerce is an  artificial intelligence (AI) that understands what you want, even when you can’t quite put it into words. Global tech investor Prosus has just launched its Large Commerce Model (LCM), an agentic AI system designed to completely replace traditional search and recommendation engines. Trained on a unique global database from its portfolio of companies, the LCM continually learns from over 500 million users and trillions of data points. Prosus calls it a “new operating system for ecommerce” – a single, integrated model that powers everything from basic search to hyper-personalised recommendations.…

In a major breakthrough for renewable energy in Africa, the SOLA Group has announced the successful and early launch of the Springbok Solar Power Project. The 195-megawatt (MW) facility is the continent’s first multi-buyer, flexible energy wheeling plant. Delivered ahead of schedule, the project is a significant step in modernizing South Africa’s grid and creates a new model for large-scale solar development. It allows multiple companies to buy power from a single plant with flexible contract lengths, a first for the region. A Pioneering Model for Clean Energy This project brings SOLA Group’s total operational portfolio to 464 MWp, making…

Optasia, a major AI-powered financial technology platform, has announced a big step: it’s planning to list its shares on the Johannesburg Stock Exchange (JSE) and raise a significant amount of money from investors. The company is a global leader in providing instant financial services, especially in emerging markets. It uses artificial intelligence (AI) to offer loans and other solutions to people who are often overlooked by traditional banks. Key Facts About Optasia: Massive Reach: It operates in 38 countries and has about 121 million active users every month. High Volume: Its systems process over 32 million loan transactions every single day. Big…

Axiz, a leading technology distributor in Africa, today announced a distribution partnership with Nasdaq-listed Equinix, a global digital infrastructure company . The agreement expands Axiz’s portfolio by making Equinix’s data centre and interconnection solutions available to partners and customers across South Africa and the wider African region. The partnership links Axiz’s established distribution network with Equinix’s global infrastructure solutions. Businesses will gain access to colocation services at the Johannesburg IBX data centre (JN1), the Equinix Fabric® software-defined interconnection service, and the wider Equinix ecosystem of cloud providers, networks, and enterprises. Axiz said the agreement strengthens its portfolio and enables its…