Weekly Tech News Roundup: Key Developments in South Africa
Published on November 8, 2025
CSIR Launches 12 New Technology Licenses
The Council for Scientific and Industrial Research (CSIR) has announced the signing of 12 new technology licenses through CSIR C3. This strategic move is set to accelerate the impact of intellectual property within South Africa, fostering innovation and market readiness for local technology solutions. With these new licenses, the CSIR continues its commitment to enhancing the technological landscape of the country.
Cell C’s Upcoming JSE Listing
Cell C is making headlines as it prepares to list on the Johannesburg Stock Exchange (JSE) by the end of this year. This move is expected to culminate in a significant R2.4 billion Black Economic Empowerment (BEE) deal through the Telecommunications Professional Corporation (TPC). The listing aims to strengthen the company’s financial position and expand its operational capabilities.
Online Gambling Faces Uncertainty
Online gambling in South Africa finds itself in a precarious position after the Supreme Court of Appeal (SCA) ruling regarding roulette betting. The legal ramifications of this decision have raised questions about the regulatory framework governing online casinos, leaving operators and players alike in a state of uncertainty about the future of this lucrative industry.
Altron Reports 15% Increase in Profit
In the latest financial results, Altron has reported a 15% increase in profit, reaching R549 million. Despite facing challenges in the digital sector, the company has managed to demonstrate resilience with a 22% rise in Headline Earnings per Share (HEPS). This growth reflects Altron’s effective strategies in navigating the evolving tech landscape.
Paymenow Achieves Significant Growth
In a remarkable achievement, Paymenow has doubled its user count to over 600,000. This growth translates to a 55% increase in transactions compared to the previous year, showcasing the rising demand for innovative payment solutions. Paymenow continues to enhance its offerings, catering to a growing base of users seeking flexible payment options.
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