The world of AI today feels like a frontier town back in the Wild West. The atmosphere is thick with danger, opportunity and a sense of the unknown. What does the future hold for the Magnificent Seven, the group of mega cap stocks that have invested heavily in AI infrastructure? Fazila Manjoo, Portfolio Manager at Mergence Investment Managers, gives us her view in the Financial Mail.

MTN cuts capex in SA to R6billion
Reporting on its financial results, MTN said that the post-paid, enterprise, wholesale, digital and fintech segments all recorded good growth