Recent content by Luis

  1. Luis

    Absa shut down 3,559 ATMs and cash devices in the last six years

    Major bank closed branches and thousands of ATMs in South Africa From 30 June 2021 to 30 June 2026, Absa shut down 3,559 ATMs and cash devices, decreasing its physical footprint regarding these machines by 41%. During the same period, the bank shrank its outlet footprint, including branches...
  2. Luis

    Absa's total IT spend increased to R8.8 billion

    Absa IT spend is 28% of all operating costs Absa has published its interim results for the six months ended 30 June 2026, which showed that its total IT spend increased 7% to R8.8 billion, or 28% of group expenses. The bank explained that the total included direct costs relating to information...
  3. Luis

    Eskom refers 26 security companies to National Treasury for blacklisting

    Eskom wants 26 South African security companies blacklisted The Association of Private Security Owners of South Africa (TAPSOSA) has raised concerns over Eskom’s referral of 26 black-owned security companies to the National Treasury for blacklisting. Speaking to SABC News, TAPSOSA spokesperson...
  4. Luis

    5 Things Happening in Tech Today - 18 August 2026

    Big change to YouTube, and Nvidia discloses R1-trillion stake in Elon Musk company Anthropic is on track to generate annualised revenue of more than $65 billion based on its current performance, according to people familiar with the matter, up more than sevenfold from last year.
  5. Luis

    Only 18.9% of phone lines at South African prisons are working

    Telkom denies that 80% of the phone lines South African prisons rely on are broken There are 2,050 telephones installed for the use of inmates across all of South Africa's 243 correctional centres. However, the Department of Correctional Services (DCS) said only 388, or 18.9%, were working...
    • Luis
    • Thread
    • department of correctional services landline phones prisons telkom the portfolio committee on correctional services
    • Replies: 19
    • Forum: Broadband and IT News
  6. Luis

    Rain LoopPhone review: one month down the line

    I tested the Rain LoopPhone for a month I tested the Rain LoopPhone for a month on one of the mobile operator’s new Unlimited Mobile packages, and it performed extremely well. We picked up a Rain LoopPhone on the new Unlimited City plan for R595 at the start of July 2026, and used it regularly...
    • Luis
    • Thread
    • rain rain loopphone rain smartphones review smartphones unlimited city plan
    • Replies: 11
    • Forum: Broadband and IT News
  7. Luis

    Mushudu Netshidzati invented sign language-translating smart gloves inspired by his deaf parents

    South African entrepreneur and developer who created smart gloves to speak to his deaf parents Mushudu Lucky Netshidzati was 26 when he made national headlines for designing smart gloves that could translate sign language into speech. Today, he manages a varied portfolio of digital platforms...
    • Luis
    • Thread
    • entrepreneur mushudu lucky netshidzati shudu connections sign language
    • Replies: 7
    • Forum: Broadband and IT News
  8. Luis

    Icasa-driven price cuts and customer behaviour made Vodacom drop voice for data

    Double-blow that turned Vodacom from a voice business into a data business A combination of regulator-implemented price cuts and shifting consumer behaviour turned Vodacom South Africa from a voice minutes business into a data-driven business. The final shift happened in 2018, the year that...
    • Luis
    • Thread
    • icasa mobile voice revenues vodacom vodacom group vodacom south africa
    • Replies: 3
    • Forum: Broadband and IT News
  9. Luis

    Takealot advertising new job roles including software engineer positions

    Takealot offering 61 jobs South Africa's largest e-commerce company, Takealot, is advertising 61 positions in mid-August 2026, including over a dozen software engineering roles. The Naspers-owned marketplace serves more than 3.4 million customers and fulfils over 60 million orders per year...
  10. Luis

    Uber suspends Uber Moto plans in South Africa

    Uber suspends its cheapest ride service in South Africa which experts warned was doomed to fail Uber has paused its controversial motorcycle-based ride-hailing service, which driving skills experts have criticised as “foolish” and a “hard pass” for people with common sense, Business Day...
  11. Luis

    B-BBEE ICT Sector Council chairperson relieved of duties following damning allegations

    BEE council held back investments from IBM and Oracle in South Africa The chairperson of the B-BBEE ICT Sector Council has been "relieved" after the entity was found to have mismanaged Equity Equivalent Investment Programme (EEIP) applications from IBM and Oracle. IBM's application was to top...
    • Luis
    • Thread
    • b-bbee ict sector council department of communications equity equivalent investment programme ibm oracle solly malatsi
    • Replies: 8
    • Forum: Broadband and IT News
  12. Luis

    Blu Label's earnings per share expected to fall by 295%

    Blu Label blames Cell C for 295% swing from profit to loss Blue Label has published a trading statement for the year ended 31 May 2026 on Friday, highlighting that it expects to report that its basic earnings per share dropped by between 294% and 296% The company attributed the freefall in...
  13. Luis

    Telkom kept its data revenues sustainable even as they were outpaced by data demand growth

    180,000km of fibre and AI sustained Telkom’s 475.7% data explosion Telkom used Openserve’s 180,000km fibre network and AI-driven platforms to ensure that skyrocketing data demand and slower data revenue growth remained sustainable. From 2019 to 2026, Telkom’s mobile data traffic grew nearly...
    • Luis
    • Thread
    • data growth data revenue mobile data traffic openserve telkom
    • Replies: 1
    • Forum: Broadband and IT News
  14. Luis

    Capitec expands smartphone catalogue, now offering 24 devices

    Good news for Capitec customers who need a new smartphone Capitec has significantly expanded its smartphone catalogue in recent months, offering 24 devices for customers to purchase through its app as of 12 August 2026. These include various Apple iPhone and Samsung Galaxy smartphone models...
  15. Luis

    Checkers Sixty60 is generating more revenue per year than Takealot

    The e-commerce service which beats Takealot and Amazon Shoprite's e-commerce platform Checkers Sixty60 recorded annual revenue of R25.5 billion during the year ended 28 June 2026, which is significantly more than Takealot generates per year. South African investment commentator The Finance...
    • Luis
    • Thread
    • amazon checkers sixty60 e-commerce takealot the finance ghost
    • Replies: 3
    • Forum: Broadband and IT News
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