The retail group extends its financial services ecosystem after finalising the acquisition of an initial 51% stake in R&A Cellular.
Cell C's R12.6bn Turnaround | ITWeb Tech Headlines | 17-22 August 2026
These are the stories making headlines on ITWeb this week. Cell C added 1.3 million subscribers and cut net debt by 64% in its first full year as a JSE-listed company, with group revenue climbing to R12.64 billion. Meanwhile, Standard Bank is shifting from just using AI tools to becoming a fully AI-enabled organisation, with more than 39 000 staff, 72% of its workforce, now active generative AI users.
The fintech firm rebrands Kazang Insights, while expanding its data analytics strategy across informal retail, payments and hospitality.