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Checkers Sixty60 upgrades to 505 stores
Shoprite Group's Checkers Sixty60 online shopping platform continues its impressive growth, reporting a remarkable 63.1% year-on-year increase in sales for the six months ending on December 31, 2023. The retail giant highlighted that Sixty60 has been instrumental in maintaining the group's consistent market share gains in its South African supermarkets business for an extended period
Nihka Technology Group Unveils Progressive Rebranding Strategy
Nihka Technology Group, the forefront tech giant in Africa, is launching its fresh visual identity today. This not only resonates with its almost two decades of existence but also sets new benchmarks for innovation and excellence in the industry. The reveal underscores Nihka's dedication to remaining a pioneer in technological advancement while remaining faithful to
Innovative cross-border payment platforms key for promoting SME agility
Small and Medium Enterprises (SMEs) play a pivotal role in the South African economy, contributing over R900 million. Beyond their significant monetary impact, SMEs act as vital engines for growth, job creation, and innovation, fostering entrepreneurship and cultivating an enterprise-oriented culture. This, in turn, helps diversify economic activities, lessen reliance on traditional sectors, and foster
More than 36 million AI & gaming credentials compromised by infostealers in 3 years
Staggering amounts of stolen login credentials were discovered by Kaspersky Digital Footprint Intelligence experts as they conducted an analysis in light of the Mobile World Congress 2024. Investigating the dark web market for credential theft from popular AI and gaming websites, the cybersecurity specialists found: The sale of compromised login credentials occupies a significant part
SARS satisfied with high court’s BPSA ruling
Edward Kieswetter, the Commissioner for South African Revenue Service (SARS) has welcomed the Pretoria High Court's recent decision to reject British Petroleum of South Africa's (BPSA) application for leave to appeal. The court's decision upheld the commissioner's refusal of refund claims and levy forfeiture under the Promotion of Administrative Justice Act (Paja). Kieswetter revealed in
New $50m venture capital fund aims to shape the future of technology by investing in South African and African tech start-ups
A new venture capital fund that blends investment and entrepreneurship launched today. Conducive Capital is a newly formed, majority black-owned, South African venture capital company investing in early- and growth- stage disruptive technologies that are post-revenue, capital efficient, good unit economics with product market fit, and have the ability to scale their businesses both locally and globally.
According to CTOs, Human Error is Biggest Cybersecurity Threat
According to research conducted by IT consulting company STX Next, Chief Technology Officers (CTOs) are increasingly identifying human error as the most significant cybersecurity threat to their organizations, with 59% expressing this concern. This surpasses the perceived threats of ransomware (48%) and phishing (40%) attacks. Human errors range from downloading malware-infected attachments to using weak
The Companies and Intellectual Property Commission (CIPC) database have been hacked
The Companies and Intellectual Property Commission (CIPC) in South Africa disclosed a security incident resulting in the unauthorized access and exposure of personal information belonging to both clients and employees. Although the CIPC labelled the breach as "attempted," successful exfiltration of data implies a partial success. The breach triggered a swift response from the CIPC's
When it comes to home internet options without fibre, Axxess has the most budget-friendly choice for 100Mbps uncapped plans in SA
In the realm of fixed-wireless packages offering speeds of 100Mbps or higher in South Africa, Axxess has managed to rise to the top as the provider of the two most affordable options, according to a MyBroadband analysis. As much as fibre is recognized for its reliability and affordability per Mbps, it doesn't cover the entire
JAECOO, Chinese SUV coming to South Africa soon
Chinese automaker JAECOO is gearing up for its entry into the local market, unveiling its inaugural SUV, the J7, set to hit the roads in April 2024. To give the public a sneak peek, the J7 will be on display at Cape Town's Table Bay Mall from February 26 to March 4, marking its first
Kortext and Vodacom Business announce agreement to support higher education students
Kortext, a global leader in digital learning and student engagement software for higher education, has reached a new agreement with Vodacom Business to provide digital learning material – including textbooks and videos – to higher education institutions in South Africa. Working with Kortext, the agreement was conceptualised and led by Vodafone Business Ventures, the social
In a bold legal move filed in San Francisco, Elon Musk is taking OpenAI to court
In a fiery lawsuit filed in San Francisco, Elon Musk is throwing punches at OpenAI, the AI research lab he helped kick off, accusing it of leaving initial commitment to open-source artificial intelligence (AI) for the benefit of humanity. Musk's legal battle is mostly aimed at OpenAI's CEO, Sam Altman, and president, Gregory Brockman, with
Google is discontinuing the Google Pay app in the US later this year
Google has announced that it is discontinuing its Google Pay app in the United States later this year. This decision is part of Google's effort to streamline and simplify its payment services. After the shutdown, the Google Pay app will only be available in Singapore and India. The move towards taking down the standalone app
Insaka eCommerce Virtual Summit Preparing for an eCommerce shake-up
South Africa’s eCommerce industry is facing a major shake-up ahead of Amazon opening their digital doors in 2024. The arrival of the international giant promises to drive eCommerce innovation and growth, as they take on local marketplaces. Unpacking how local entrepreneurs can navigate and take advantage of the changing status quo, the Insaka eCommerce Virtual
Samsung unveils its first smart ring at MWC 2024
At the MWC 2023, Samsung unveiled its first smart ring, the Galaxy Ring, targeting the sleep tracking and health monitoring market. The Galaxy Ring complements Samsung's health offerings, building upon its existing ecosystem, including smartphones and the Galaxy Watch line. Some of the features that the ring has in include onboard sensors for heart rate,
Yellow Door Energy secures 240 MWp of solar wheeling in North-West province, of which 48 MWp is shovel-ready
The independent power producer for businesses, Yellow Door Energy (“YDE”), announces the successful completion of the development phase for a 48 MWp solar PV plant in Leeudoringstad, North West. This project positions YDE as a major player in the solar wheeling market and supports South Africa’s just transition in building a more sustainable and energy-independent
In its IPO filing, Reddit highlights a significant revenue stream beyond traditional ads – lucrative AI deals
In its long-awaited filing for an initial public offering, Reddit has announced that artificial intelligence (AI) will play a significant role in its business model. The platform, known for hosting discussions on diverse topics, primarily generates revenue through ad sales. The IPO filing reveals a new revenue stream: selling user-generated content to companies developing chatbots,
Navigating Business Complexity with Digital Innovation
As business leaders navigate the multifaceted challenges resonating across industries, the current climate presents a landscape of economic hardships, geopolitical uncertainties, and intricate political complexities. These barriers pose formidable challenges, hindering the trajectory of business progress. However, within this labyrinth of challenges, an unparalleled opportunity appears for companies to pivot towards smarter and more innovative
Humanoid robot start-up Figure AI valued at $2.6 billion as Bezos, OpenAI, Nvidia join funding
Figure AI, a start-up specializing in humanoid robots for challenging tasks, has achieved a valuation of $2.6 billion in its latest funding round, attracting investments from notable names such as Jeff Bezos, OpenAI, and Nvidia. The company, established in 2022, has developed the Figure 01 robot, designed to perform tasks resembling human movements. With applications
Veeam Launches Veeam Data Cloud to Deliver the Industry’s Leading Data Protection and Recovery Services
Veeam® Software has announced the new Veeam Data Cloud, which is built on Microsoft Azure and delivers the confidence and reliability of the industry’s leading platform with the ease and accessibility of a cloud service. Today, Veeam Data Cloud provides backup-as-a-service (BaaS) for Microsoft 365 and Microsoft Azure, enabling radical resilience and leveraging powerful data protection