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Tips to plan your hybrid cloud migration
Why should your organisation start using cloud services and infrastructure? Why is hybrid cloud the preferred model to use? And how do you avoid the problems that often arise when companies try to deploy a hybrid cloud? Sithabile Technologies' experts weigh in on this crucial business topic. The world's oldest computer is the Antikythera Mechanism,
Blue Label Telecoms Granted Approval to Acquire Control of Cell C
Blue Label Telecoms has received the green light from the Competition Commission to assume control of the mobile operator Cell C, marking a significant development in South Africa's telecommunications landscape. Previously, Blue Label, through its wholly owned subsidiary, The Prepaid Company (TPC), held a minority stake of less than 50% in South Africa's third-to-be-licensed mobile
Watu Credit Commits to Funding 500,000 Electric Motorbikes by 2030
The prominent local financial provider, Watu Credit, has announced a bold commitment to finance the purchase of over 500,000 electric motorbikes by 2030, signalling a significant step towards sustainable transportation in Kenya. This ambitious pledge from Watu Credit aligns closely with the recent unveiling of the Electric Mobility Draft Policy by the Kenyan government. The
Huawei Technologies Achieves Strongest Growth in Four Years
In a remarkable recovery, Huawei Technologies experienced its fastest growth in four years in 2023, buoyed by a revival in its consumer segment and revenue from emerging businesses such as smart car components, accelerating its recovery from US sanctions. The company reported a robust revenue increase of 9.6% from the previous year, reaching C¥704.2 billion
Safaricom's M-PESA and Onafriq Forge Partnership to Boost Remittance Flows to Ethiopia
Safaricom's M-PESA, which is a trailblazer in providing accessible financial solutions through mobile phones, has joined forces with Onafriq, Africa's premier digital payments network spanning 40 countries. This strategic partnership is geared towards enhancing the efficiency of remittance flows to Ethiopia. With M-PESA's innovative platform, which requires only a Safaricom sim card to access financial
Mike Silber Appointed as Group Executive Regulatory at MTN Group
Mike Silber, renowned for his extensive experience as the former Group Chief Regulatory Officer at Liquid Telecom for five years, assumes a new role as Group Executive Regulatory at MTN Group. During his time at Liquid Telecom, Silber played a pivotal role in expanding Africa’s cross-border fibre network and spearheading its largest networked data centre
Tesla Faces Sales Slowdown Amidst Waning Demand and Market Challenges
Tesla Inc. finds itself on the brink of a challenging milestone as dwindling demand for electric vehicles coupled with rising interest rates cast a shadow over its sales figures. As the quarter drew to a close, analysts swiftly revised their projections for Tesla's upcoming delivery report. There's a palpable sense of apprehension on Wall Street,
Aella Transforms into Aella Microfinance Bank: Pioneering Financial Inclusion in Nigeria
Aella, a leading provider of credit and financial solutions in Nigeria, proudly announces a significant milestone with its official name change from Aella Credit to Aella Microfinance Bank. This strategic decision underscores Aella's unwavering commitment to innovation and the delivery of inclusive financial services to the average Nigerian. Established in 2015 by Akin Jones, the
Rhenus South Africa receives Authorised Economic Operator Level 2 status
Rhenus South Africa has marked a significant milestone with its attainment of Authorised Economic Operator (AEO) Level 2 status. This accomplishment solidifies its position as a frontrunner in the industry, poised to guide and support its clientele through the AEO program. Through this achievement, Rhenus reaffirms its dedication to upholding stringent security and safety standards
Small businesses fuelled by fibre have a competitive edge
Technology has changed how businesses operate; operations have become fast-paced, putting more pressure on small business owners to adapt to modern ways of conducting business. Local entrepreneur Vuyisile ‘DJ Vusinator’ Mathwasa, a music producer and DJ, has partnered with Vuma, South Africa’s leading network operator, to unleash his creativity through connectivity. He is one of the many
The expansion of industry-specific ERP solutions
As industries have evolved, so have their needs for enterprise resource planning (ERP) solutions. Originally conceived as versatile tools suitable for a broad array of sectors, ERP systems have proven invaluable in streamlining operations across diverse industries. However, the inherent generic nature of traditional ERP solutions has increasingly revealed its limitations, particularly for manufacturers seeking
How the shift to cloud-based ERP is transforming the manufacturing landscape
In today's ever-evolving manufacturing environment, the call for digital transformation is more pronounced than ever before. However, amid the numerous competing priorities, the transition to cloud-based Enterprise Resource Planning (ERP) is often overlooked by many industry participants. Manufacturers often hesitate or overlook cloud migration while focusing on daily operations. Yet, it's essential to highlight that
How licensing will change crypto in SA
South Africa’s Financial Services Conduct Authority (FSCA) has indicated that the first 59 licences are almost ready to be awarded, which would grant these companies the right to operate as crypto assets financial services providers. About 262 applications are in progress. Crypto assets were declared as financial products in terms of the Financial Advisory and Intermediary Services Act,
Data Science as a Service (DSaaS) drives informed decision-making
In today’s rapidly evolving digital landscape, data has become the cornerstone of innovation and competitive advantage for businesses across nearly all industries. So much so that insights suggest that data-driven organisations are 23 times more likely to acquire clients, six times more likely to retain clients, and 19 times more likely to be profitable as
EOH profits sink as CEO Stephen van Coller resigns
EOH Holdings has unveiled its latest financial results under the leadership of outgoing CEO Stephen van Coller, indicating a challenging landscape for the business. In the six months ending on January 31, 2024, EOH reported a headline loss per share of 11c, showing a slight improvement compared to the 17c loss reported a year earlier.
Four tips to avoid online ticket fraud
There is no doubt that South Africans are excited to head back to stadiums to watch sport and to watch their favourite musicians. This can be seen in the almost immediate sell out of the Springboks versus Ireland test matches and the return of a number of international music acts like James Blunt, Take That,
The biggest threats to OT security will surprise you
With the growth in digital transformation of businesses, there has been an increase in tools and tech solutions that allow for greater connectivity. From cloud and artificial intelligence to operational technology (OT) and Internet of Things (IoT), businesses are more connected than ever before. And while these tech advancements have created more efficiencies, increased productivity
Verto Pay Launches to Simplify Online Business Payments for Nigerian SMEs
Today represents a noteworthy achievement for small and medium-sized enterprises (SMEs) in Nigeria as Verto, a global fintech leader, introduces its newest innovation: Verto Pay. It has been revealed to Business Tech Africa that this state-of-the-art mobile app aims to transform how Nigerian SMEs handle their financial transactions, enhancing accessibility to cross-border commerce while reducing
Six things you should know about South African e-shoppers
South Africa's e-commerce industry is experiencing rapid growth, with projected local revenue expected to reach $7.9 billion by 2027. In this dynamic business environment, it's crucial for companies to establish a robust digital presence and capitalize on the burgeoning online market. To succeed in the changing landscape of South African consumers, businesses must grasp the
Octotel and RSAweb gain new shareholders as Actis exits investment
A group led by African Infrastructure Investment Managers (AIIM), one of Africa’s major infrastructure-focused private equity fund managers under Old Mutual Alternative Investments, along with STOA, a prominent impact fund in infrastructure and energy for developing and emerging markets, and Thebe Investment Corporation, has announced the signing of an agreement to purchase Octotel, a prominent