Mustek profit soars even as gross margin shrinks

by nouman | Sep 30, 2026 | Absa, BDO, Business AI, CyberAntix, Hein Engelbrecht, Investment, Mecer Inter-Ed, Mustek, News, Novus Holdings, Numus Capital, RMB, Sections, Yangtze Optics Africa

Mustek profit nearly tripled in FY2026, but gross margin shrank and cheaper debt and forex gains did the work.

Anthropic bets AI will outstrip electricity and the internet

by nouman | Sep 29, 2026 | Alphabet, Amazon, Anthropic, Dario Amodei, Elon Musk, Google, Investment, Meta, News, OpenAI, Sections, SpaceX, xAI

Anthropic plans to spend US$518-billion on computing and infrastructure as it eyes a $2-trillion listing.

Huawei is ramping up spending on R&D

by nouman | Aug 31, 2026 | Google, Huawei, Investment, News, Sections, T-Mobile

Revenue is growing again, but the bill for replacing US technology is showing up in Huawei’s margins.

JSE-listed ICT firm suspended for not paying its own dividend

by nouman | Aug 28, 2026 | Ahnamu Investments, All Trading, Brian van Rooyen, Classic International, Investment, Irfaan Mohamed, JSE, Labat Africa, Muziwakhe Ndhlovu, News, Sections, Strate, Victor Labat

The JSE has suspended Labat Africa’s shares after it failed to pay its maiden dividend on time.

ICT is becoming the centre of gravity at Reunert

by quikefix quikefix.com | Aug 6, 2026 | Adam Craker, Alan Dickson, Altron, Anthonie de Beer, Czechoslovak Group, Deltek, Investment, IQbusiness, News, Quince Capital, Reunert, Rob Godlonton, Sections, Silversoft

New Reunert CEO Anthonie de Beer is holding onto the cable business through the cycle and leaning on technology.

SpaceX shares keep sliding

by quikefix quikefix.com | Aug 6, 2026 | Elon Musk, Investment, News, Sections, SpaceX

The company’s shares fell another 12% on Wednesday, dropping well below their $135 IPO price.