The Please Call Me Millions: Who Paid? | ITWeb Tech Headlines 21 – 26 September 2026
These are the stories making headlines on ITWeb this week. An ITWeb investigation into the Please Call Me saga asks who paid for inventor Nkosana Makate's decade-long legal battle, with advocates potentially costing up to R145 000 a day, as Black Rock Mining's Errol Elsdon claims 40% of Makate's settlement with Vodacom.
The tech group says HEPS is expected to come in between 105c and 110c, compared with 87c in the corresponding period last year.
Jorge Mendes buys R20.8 million worth of shares, deepening his direct stake as the operator pursues its turnaround.
The investment manager builds its beneficial interest to 5%, making it one of the MTN’s largest disclosed institutional shareholders.
The network breach damages servers, but Rand Water says its water treatment and supply have not been affected.
The company targets revenue growth in the upper-single-digit range in its 2027 financial year, after growing wholesale revenue by 20% and cutting net debt by 64%.
The company is stepping up its push into SA, betting that AI-driven credit scoring can unlock financial services for millions of people.
The Naspers South Africa CEO takes delivery of 8 870 Naspers N ordinary shares worth about R7.43 million.
The company completes its transformation into an AI-driven lifestyle ecosystem operator, and all units are now profitable.
The telecoms group will settle a maturing JSE-listed bond on Wednesday, cutting its short-term interest-bearing debt by nearly a third.
Digital Election Risks, Telkom Growth and Crypto Uncertainty Lead ITWeb Headlines
These are the stories making headlines on ITWeb this week. Firstly, a new report by the Johannesburg-based Campaign on Digital Ethics (CODE) warns that South African voters will enter the 2026 local government elections with fewer protections against online manipulation, voter suppression and discriminatory political targeting, as election campaigning increasingly shifts to algorithms and social media platforms controlled by global technology companies.
Dr Anushka Bogdanov challenges a Financial Services Tribunal ruling that she deliberately forged documents to support a PhD she never earned.
Media giant Canal+ is the first French company to list on the JSE, following its purchase of MultiChoice last year for $3 billion (R52.2 billion at the time).
Backed by the Bolloré family, Canal+ begins trading on the JSE tomorrow as it targets growth across the continent.
ITWeb TV: Levy brothers on lessons learnt from Cell C investment | Episode #139
In this episode of ITWeb TV, Blu Label joint CEOs, Mark and Brett Levy reflect on building the company from car radios and prepaid vouchers to a diversified technology giant, while discussing Cell C’s turnaround, entrepreneurship, energy ambitions, leadership lessons and South Africa’s digital future. #CellC #Entrepreneurship #JSE