Bolt drivers earned R42.3bn in SA | ITWeb Tech Headlines 29 Sept - 3 Oct 2026
These are the stories making headlines on ITWeb this week. Bolt says it has paid more than R42.3 billion to driver operators in South Africa since launching in 2016, onboarding just over 500 000 drivers and serving more than 30 million passengers. Meanwhile, Home Affairs plans to use machine learning to make yes or no decisions on visa applications through its Electronic Travel Authorisation system, with humans stepping in only when an anomaly is detected, and study and work visas joining in early 2027. In addition, MTN has lost its bid to halt US anti-terrorism lawsuits, with a New York court denying its request to reconsider an earlier ruling and sending the Zobay and Long cases to discovery. At the same time, Xpatweb's preliminary 2026 Critical Skills Survey finds 25% of employers struggle to recruit ICT specialists, and 22% struggle to find AI and emerging technology skills. Finally, Capitec's fintech net income rose 30% to R2.7 billion in the six months to August, as Capitec Connect grew to 1.8 million a
The bank’s fintech income increases 30% to R2.7 billion, as it reports 19% growth in headline earnings in the six months to 31 August.
SA’s mobile virtual network operator market races ahead as Africa struggles to turn licences into growth, Africa Analysis reveals.
South Africa’s MVNO market will reach approximately 14.4 million MVNO SIMs by 2030, says Africa Analysis.
The bank marks 25 years with strong earnings growth, AI investment, smart ID rollout and expanding digital services for 26 million clients.
Capitec Connect aims so make a meaningful difference by empowering every South African through connection.
AI-enabled fraud prevention tools, which protect clients from paying to high-risk account numbers, stopped over 23 000 scam payments.
The mobile virtual network operator aims for tighter integration with Cell C, to enhance service delivery and double its mobile customer base.
ITWeb TV: Capitec Connect looks to double subscriber count | Episode #101
Capitec Connect is aiming for tighter integration with Cell C to enhance service delivery and grow its mobile customer base.
The bank’s overall IT expenses, including IT salaries and outsourced resources, for the financial year ended February, increased by 28%.
MVNOs are seeing renewed interest across the industry, emerging as primary engines of market growth, says BMIT.
The bank’s mobile virtual network operator sells 8 000 new SIM cards on a weekly basis, it says.
The mobile virtual network operator's vision is to democratise access to affordable data.
By December 2023, the number of MVNO SIMs surged to 4.3 million, marking an annual growth rate of 51%, says Africa Analysis.