Google to build SA cloud in R17,7bn Africa plan.

Loading player...
Google said it will set up an African cloud service, as part of its R17,7 billion investment plan for the continent, that will allow users to store their data in-country.
The cloud infrastructure will be based in South Africa, but will give users the options on where to store their data, said Niral Patel, the director of Google Cloud Africa.
“We are giving customers and partners choice, they then have the choice where they would like to store data and where they would like to consumer cloud services from,” Patel said on a video call on Wednesday.
5 Oct 2022 8AM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min