AI fuels SA's venture capital boom, e-hailing shake-up & more | Tech Headlines | 20–25 July 2026
These are the stories making headlines on ITWeb this week. South Africa's venture capital sector is entering a new maturation phase, with artificial intelligence emerging as the next major catalyst for deals — a new study finds the local industry has deployed over R16 billion across more than 1 100 companies in the past decade, with fintech driving roughly half of all successful exits.
Africa's stablecoin revolution, ACSA's R825m tech bet & more | ITWeb Tech Headlines
These are the stories making headlines on ITWeb this week. Visa says African nations are on the cusp of a stablecoin revolution, with dollar-pegged digital currencies tipped to transform the continent's financial ecosystem — particularly for countries facing foreign currency shortages — as Nigeria and South Africa lead adoption. Meanwhile, the Airports Company South Africa has invested R825 million in technology.
The former EOH business buys Cape Town-based ERP specialist Astraia Technologies − its second deal since returning to profitability.
Dr Anushka Bogdanov challenges a Financial Services Tribunal ruling that she deliberately forged documents to support a PhD she never earned.
The JSE-listed tech group returns to growth, with profit surging and its first deal in eight years as it moves ahead with its growth strategy.
Dennis Venter leaves the JSE-listed technology services group, with immediate effect, to pursue other business interests.
The company repurchases an additional 2 183 365 shares under its ongoing share buyback programme.
The shares were bought at prices ranging between 398 cents and 400 cents per share, for a total consideration of R9.38 million, excluding transaction costs.
The former Liquid Intelligent Technologies and Cell C CFO will serve as an independent non-executive director on the IT solutions firm’s board of directors.
As the now profitable listed technology company trims debt, it is turning its focus to deals.
The listed technology solutions company, formerly known as EOH, reports positive year-end headline earnings per share for the first time since 2019.
Anushka Bogdanov steps down from the company she founded, to focus on matters arising from a JSE censure, as Dr Dan Matjila joins as a director.
Anushka Bogdanov, founder of ESG data science consultancy Risk Insights, exercises her right of reply to two articles ITWeb recently ran.
Anushka Bogdanov submitted documents related to recent studies, not the qualification under JSE investigation, says the local bourse.
SAP ordered to pay SIU R500m over shady Eskom deals
In this week's tech news roundup, German software giant SAP says the R500 million fine imposed on it by South Africa’s Special Tribunal is part of a settlement agreement it reached with the US Department of Justice in January. Stay informed and engaged with our comprehensive coverage of these stories and more on our website, www.itweb.co.za and social media platforms. Discover the latest advancements shaping the future of technology by ITWeb. #newsvideo #SAP #eskom News Links: https://www.itweb.co.za/article/local-online-shopping-all-set-for-easter-bonanza/8OKdWqDXy5pqbznQ https://www.itweb.co.za/article/sap-ordered-to-pay-siu-r500m-over-shady-eskom-deals/O2rQGqAEy4Rqd1ea https://www.itweb.co.za/article/telkom-appoints-sello-mmakau-as-chief-digital-officer/JN1gPvOAnlnMjL6m https://www.itweb.co.za/article/eoh-revenue-drops-as-ceo-van-coller-bids-farewell/KzQenqjyemjMZd2r https://www.itweb.co.za/article/info-watchdog-uncovers-gaps-in-political-parties-paia-compliance/KBpdgvpmeoE7LEew