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Five must watch tech trends for SMEs in Africa
It’s no secret that technology has the potential to transform the way we live, work, and connect with one another. In fact, with the rapid onset of innovations like Generative AI, in the form of tools like ChatGPT, the world is experiencing a rapid digital growth. In South Africa, innovation is seen everywhere, from cloud
TCL Electronics Unveils Latest QD-Mini LED TV and Smart Home Appliances in South Africa
The highlight of the event was the introduction of TCL's 115” X955 Max QD-Mini LED TV, promising a cinematic experience in the comfort of consumers' homes. Featuring a peak brightness of 5,000 nits and over 20,000 local dimming zones, this TV ensures precise lighting and stunning contrast, delivering crisp visuals on a large scale. Equipped with
Strengthening Internal Controls for Financial Management: Essential Strategies
Internal controls are an essential component of any financial management system. It helps your organisation retain financial integrity, meet regulatory requirements, and compile reports essential for improving the business. These processes are especially crucial in accounts payable (AP) departments to manage financial transactions and ensure that payments are authorised, accurate and properly documented, says Ryan Mer,
SA Breweries showcases its journey of championing responsibility with SAB Sharp platform
South African Breweries today outlined the impact of SAB Sharp, a platform dedicated to fostering a culture of responsibility within South African communities. The platform highlights the importance of responsibility across society and the crucial nature of partnerships with government, law enforcement, and community organisations to promote responsibility associated with beer consumption. SAB Sharp is
Kyutai unveils the very first voice-enabled AI openly accessible to all
In just 6 months, with a team of just 8 staff, the Kyutai research lab developed, from scratch an artificial intelligence (AI) model with unprecedented vocal capabilities called Moshi. The new experimental prototype AI, was publicly unveiled in Paris yesterday. The interactive demo of the AI will be accessible from the Kyutai website as of
Africa’s Largest Wind Electricity Generation Plant
A cluster of three wind farms, called the Koruson cluster, in the Eastern Cape area of South Africa is nearing completion.
Success in Economies Linked to Market Freedom
The depth of natural resources combined with a large, young workforce, there is no conceivable barrier to Africa becoming an economic powerhouse. It needs only to adopt business friendly policies and deliver freedom for its countless entrepreneurs to thrive in.
Alternative Green Energy Solutions
There is much hype around solar and wind energy generation, but there are several other alternatives that deserve consideration depending on your location and how much power generation is required. Micro Hydro Generators Hydro energy generation has found a meaningful place in locations with good water supply and where other tech such as solar or
TCL Electronics to Launch Latest QD-Mini LED TV and Smart Home Appliances in South Africa
TCL Electronics, the world's Top 2 TV brand and Top 1 98-inch TV brand, has announced an exclusive launch event in the heart of Sandton, Johannesburg, introducing the company’s latest product line-up, including its 2024 QD-Mini LED TVs and an array of upgraded domestic appliances and air conditioners. The event will bring together industry leaders, media
Solar Energy – Buy or Rent, That Is the Question?
There is a big move across Africa to start using sustainable energy and to move away from fossil fuels, driven mainly by global pressure from the likes of the World Bank and the United Nations. And Africa can certainly benefit from a cleaner environment and maintaining the beauty of our natural wildlife heritage, that exists
Major VC investment fund for Africa
The Africa-focused VC firm has already backed nine start-ups, including Numida, Hohm Energy, Socium, Klasha, Kwara, Coachbit and Sava, and will be aiming to achieve a minimum of 40 Tech start-up investments from this first fund.
Qualcomm Announces Manchester United Sponsorship
Processor Manufacturing Giant increases its brand appeal as it grows its computer processing Tech In the ever-evolving global landscape of technology giants, the competition between Intel and Qualcomm has been a key narrative in the semiconductor industry recently. Intel has dominated the computer chip industry for decades and is well known for its processors that
Bamboo Expands to South Africa, Broadening Access to Global Financial Markets
Bamboo, a Nigerian-based online stock platform, has made a significant leap in its African expansion by launching operations in South Africa. This move enables South African users to invest in US stocks directly from their smartphones, providing unprecedented access to global financial markets. This expansion comes after Bamboo secured a financial services provider license from
South Africa Misses Economic Growth Opportunity Amid Global Commodity Boom
South Africa reaped substantial benefits from the global commodity boom in 2021 and 2022, with mining companies achieving record profits and contributing significantly to the national revenue. However, the country failed to fully capitalize on this opportunity to boost foreign exchange earnings and economic growth, according to a 30-year macroeconomic review by the Bureau of
Absa Bank Launches Absa Pay, Revolutionizing Secure Online Transactions
South Africa’s third-largest bank by tier 1 capital, Absa, has introduced Absa Pay, an open banking API designed to enable fintech companies to securely transact with the bank’s clients. Absa Pay will facilitate online purchases without requiring customers to enter payment card details. Instead, customers can select “Absa Pay” when shopping with merchants that support
Kenya to Increase Borrowing Amid Budget Deficit Crisis, Says President Ruto
Kenyan President William Ruto has announced that the country will resort to additional borrowing to address a growing budget deficit following the rejection of a finance bill intended to boost tax revenue. After deadly protests erupted last week, Ruto opted not to sign the bill and instead requested its withdrawal from parliament. In a televised
South Africa opens its doors to remote workers, and they come bearing economic gifts
The South African government is finally about to give international workers who are not office bound the chance to roam the Rainbow Nation. Recently, the Ministry of Home Affairs, gazetted a new set of immigration regulations that would allow remote workers who earn more than R1 million per year to work in South Africa for up to
Can succession planning for women break barriers in SA Financial Services?
As several AGMs have taken place across the South African Financial Services sector this month, progress towards gender parity has been high on the activist shareholders’ agenda. In its annual round-up reports non-profit shareholder activism organisation, Just Share has so far put the leadership of ABSA, Nedbank, Sanlam and Old Mutual on the spot over
Award-winning SA tech platform SweepSouth celebrates a decade of success
SweepSouth, South Africa’s foremost home services platform, is celebrating its 10th anniversary this month. Established in 2014 by Aisha Pandor and Alen Ribic, SweepSouth has evolved from a pioneering start-up to a known household name – transforming how South Africans engage with and organise domestic services. The founding of SweepSouth stemmed from a vision to develop
How can exporters overcome cross-border payment challenges?
Cross-border trade is a key driver of the South African economy, accounting for over half of the country's total exports. However, South African exporters face several challenges in receiving cross-border payments, including high transaction fees, currency conversion issues, and difficulties in verifying the identity of buyers. According to a survey conducted by the South African