Yoco has revealed that is has now launched a new Yoco Neo Touch card machine, which offers unlimited 4G data and all-day battery life. Coming at a cost of R899, in order for businesses to start transacting immediately once they have the small blue device, is to sign up on the Yoco app to process instant payments and invoices. Yoco was founded by Katlego Maphai who is now the CEO of the brand, Carl Wazen who is the CBO, Bradley Wattrus who is the CFO as well as Lungisa Matshoba who is the Chief Technology Officer back in 2013 with…
Author: Yanga Manci
The Information Regulator has given out a R5-million administrative fine on the department of justice & constitutional development. This punishment is said to be the first of its kind in South Africa and follows the justice department’s failure to comply with an enforcement notice issued on 9 May within the given 31-day period. The requirements for the notice were that the department needed to show proof that it had renewed various licences pertaining to its antivirus software suite and initiated disciplinary proceedings against the officials whose failure to renew these licences compromised the security of its software systems. It was…
Telkom’s Business online marketplace for small and medium enterprises (SMEs), Yep, has revealed that it now has infused artificial intelligence (AI) on its platform. This AI tool is set to accompany two new digital solutions to assist SMEs with reputation management and social marketing. Yep is described as a digital marketplace where customers can search and purchase from small businesses. Yep is a transition from Telkom’s 70-year-old Yellow Pages business that was launched in 2020. Telkom recently revealed that each new tool will come in a standard version, while the pro version comes with the added AI functionality. The CIO…
Taking the number one spot at the 2023 Intellidex Top Private Banks and Wealth Managers Awards was Nedbank Private Wealth, which was closely followed by Standard Bank Private Banking and RMB Private Bank. the Intellidex Top Private Banks and Wealth Managers survey recently held it’s twelfth edition, and it ranks wealth managers and private bankers on a range of products and services. How the research process works is that a comprehensive questionnaire gets to be completed by participating banks and wealth managers and an online client survey, and then the awards get to be based a different criteria such as…
Experts at Webber Wentzel have revealed that the new food labelling laws that the Department of Health wants to introduce may be more harmful than good. It was in April when the minister proposed changes to the Foodstuffs, Cosmetics and Disinfectants Act, which opened the Regulations Relating to the Labelling and Advertising of Foodstuffs for public comment. The new regulations are set to introduce quite a number of changes to food marketing, with the most notable being that items that are high in sugar and fat have to come with a warning as well as to stop these items from…
SABC is still fighting the uphill battle of trying to get South Africans to pay their TV Licences, with the government working on a new model to counter the culture of non-payment. As a response to a recent written parliamentary Q&A, the Mondli Gungubele who is the Minister of the Department of Communications and Digital Technologies (DCDT) revealed that there are currently 9.2 million account holders who have outstanding balances for their TV Licences, that are valued at R44.2 billion. The department also shared last year that the TV licence fee evasion remains staggeringly high in the country, with fee…
The Council for Scientific and Industrial Research (CSIR) together with the Automotive Industry Development Centre (AIDC) have partnered up and have come into an agreement that focuses on new energy vehicles (NEVs) and skills development. NEV is a type of vehicle that uses alternative energy sources instead of only using traditional fossil fuels. It is specifically designed to be more environmentally-friendly and energy-efficient with the aim to reduce greenhouse gas emissions as well as the dependence on non-renewable resources. These types of cars usually incorporate an electric powertrain, which consists of an electric motor, battery pack and associated control systems.…
Telkom is in the process of getting ready to auction off 50 properties across the country which are estimated to be worth more than R500 million. Telkom’s National Portfolio Disposal of 50 properties will be auctioned off by property auction house In2Assets on the 22nd of August 2023. In2assets is said to be mandated to take 50 properties to the market which will be sold at the same auction event, properties which are a part of a national portfolio of Telkom & Gyro Properties. In2Assets said they are still busy with their estimations, , but early analysis indicates expectations in…
The German enterprise software giant SAP, has replaced Cathy Smith and appointed Kholiwe Makhohliso as the managing director to lead its Southern African operation. Kholiwe Makhohliso is a seasoned tech exec, who has worked with a German software company, which was , Software AG. The newly appointed MD has over has 20 years of experience in the technology industry working for the likes of Accenture and Oracle. Starting her career as an auditor, Makhohliso has experience in working both in the private and public sector roles. Her most recent role is that of being an MD for Software AG in…
VOIP technology has revolutionised telecommunications, as it offers cost-effective and flexible solutions for all kinds of businesses. But the convenience of VOIP also comes with the potential for security vulnerabilities that can compromise sensitive information and communications. In 2022 research showed that there is a rise in attacks that are targeting VOIP providers. The total number of DDOS attacks in South Africa last year was an 6.4 million. Even though the number of SIP attacks are relatively small – reportedly less than 2% – they are becoming increasingly common these days, with reports of frequent DDOS attacks being reported in…
