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Future-ready skills key to closing the gap amidst AI advances in the workplace
As technologies such as artificial intelligence (AI) and others transform industries at an unprecedented pace, it has become imperative for South African workplaces to prioritise education and training initiatives to empower individuals with the skills necessary to thrive in the digital era, writes Varsha Ramesar, Head of Data: Tesserai, a Mettus company. Innovative technologies such as
Unlocking effective inventory management
It may seem obvious, but without getting products to customers on time companies will not survive. Particularly with the rise of e-commerce and customers expecting goods faster than ever before, inventory management has become the hook on which all other aspects of a business hangs. One of the reasons cited for US homeware giant Bed,
FNB thought leadership: Emerging investment trends to lookout for in 2024
As we kick off the year, investors and market analysts are gearing up for what promises to be an eventful 2024 with both potential challenges and opportunities lying ahead. With a global economy in a state of continuous transformation, several key market trends are set to shape the investment landscape this year: Global growth below
Preliminary View of the Draft Integrated Resource Plan (IRP) 2023
South Africa has experienced severe loadshedding (i.e. controlled/scheduled power cuts), almost daily, since September 2022. This recent spike and high frequency of loadshedding can be largely attributed to a significant drop in Energy Availability Factor of the coal fleet that has not been optimally maintained due to several factors. In addition, shutting down of units
How to Monetize Your Influence: Mastering the Art and Science of Content Creation for Success
The surge in the influence wielded by social media personalities has become increasingly apparent with the expansion of digital platforms. This phenomenon has solidified the capacity of influencers to shape the perspectives, actions, and, significantly, the purchasing decisions of their followers. Despite this exponential growth, the pursuit of transforming into a monetarily successful content creator
Reflections on a Tumultuous 2023, and SME Trends to Watch in 2024
2023 was a difficult year for SA’s SMMEs, marked by fluctuating market dynamics, says Garth Rossiter, Head of Credit and Chief Risk Officer at Lula, one of the fastest-growing B2B digital credit and capital providers in SA. “The results of our recent business performance survey are sobering. Nearly 68% of businesses did not meet their
MONDELĒZ INTERNATIONAL AMONG AFRICA’S TOP EMPLOYERS FOR FIFTH CONSECUTIVE YEAR
Mondelēz International was recognised by the Top Employers Institute as a Top Employer in Africa for the fifth consecutive year. The leading multinational confectionery, food and beverage company was ranked 1st place in Nigeria, and 4th in South Africa overall among Africa’s best employers, progressing from 3rd and 8th place respectively. To merit Top Employer certification, companies are expected
Unlock Limitless Possibilities with Lenovo's Dynamic Tech Marvels
Lenovo continues to advance the tech landscape in 2024 with its innovative Legion LOQ Series, stylish Ideapad Series, and immersive Tab P12 tablet. Whether you're a seasoned gamer, a multitasking professional, or someone seeking entertainment on the go, it has a device tailored to your needs. In this gift guide, we’ll explore some of these latest
MTN elevates network availability to 98% in certain provinces
MTN has elevated its network availability to 98% in the Free State, Northern Cape, and parts of the North West, aiming to enhance connectivity and counter disruptions during load-shedding. The South African telecommunications giant allocated R1.5 billion in 2023 to ensure network resilience during power outages and safeguard equipment from theft. MTN reported that network
Krutrim, the AI startup, achieves unicorn status with a $50 million funding round
Krutrim, an AI startup founded by Bhavish Aggarwal, the founder of Ola, has successfully raised a funding round of $50 million (R943 million) led by Matrix Partners India. This funding values Krutrim at $1 billion, making it the fastest unicorn in India and the country's first AI startup to achieve unicorn status. Matrix Partners India
Frederik Zietsman appointed as Takealot Group’s new CEO
Takealot has made an announcement that Frederik Zietsman will be taking over from Mamongae Mahlare as group CEO, while Mahlare steps into the role of executive chair from the 1st of February 2024. Zietsman has been with the ecommerce company since 201, and he joined as a profitability analyst. He went on to then be
Five cybersecurity trends to watch in 2024
2023 was a year that saw a great deal of change within the tech industry. The most notable development was in artificial intelligence (AI), which dominated conversations to the point that “prompt” was dubbed a finalist for the Oxford Word of the Year 2023. The discussions around AI are no less significant in the cybersecurity industry,
Building a privacy-first organisation in the age of AI
With consumers increasingly aware of both the value of their data and of the threats to it, it’s never been more crucial for business leaders to respect user privacy. The South Africa’s Information Regulator has stated that local companies report at least 100 cyber security breaches every month. From October 2022 to June 2023, the regulator
Making an investment in the future
How a company contributes to the wellbeing of its communities and the society it operates within plays a crucial role in how both employees and customers of that brand might perceive it. Contributing in a positive way earns a brand trust, and may even help attract new employees and investors who prioritise the corporate social
South Africa’s renewable energy uptake accelerates
As South Africa looks set for a continuation of an unprecedented level of power outages, many parts of the country are also facing looming threats of water shortages and a major input in electricity generation. Matthew Hall, Chief of Products at Rectron outlines the importance of investing in commercial alternative energy solutions. Increasing extreme weather events due
First electric Toyota set to launch in South Africa next year
Toyota's first electric vehicle (EV) for the South African market, the BZ4X, is set to debut in the country in January next year, according to an announcement made at the State of the Motoring Industry 2024 (SOMI 2024) event in Johannesburg on the 25th of January 2024. The BZ4X marks Toyota's entry into the fully electric
AltSchool Africa has successfully launched in Kenya
AltSchool Africa has managed to successfully launch its virtual academy in Kenya after nearly a year of planning and organization. With over 60,000 learners across 105 countries, the school, which has primarily operated in Nigeria and Uganda, decided to expand its presence further across the continent. Kenya, being AltSchool's second-largest market in terms of
HONOR's Uncompromising Quality Standards is Evolving Over Years
In the ever-evolving world of consumer electronics, HONOR has established itself as a brand dedicated to setting the gold standard when it comes to quality. This commitment is not a static one; instead, HONOR's strict quality standards are continually advancing year after year. HONOR's remarkable dedication to maintaining exceptional quality standards clearly sets it apart
DXwand raises $4M in order to scale its conversational AI platform
DXwand, a startup based in Cairo and Dubai, has secured $4 million in Series A funding to advance its conversational AI technology for automating customer service and employee assistance in the Middle East. Shorooq Partners and Algebra Ventures, based in the UAE and Cairo, respectively, led the funding round, with participation from existing investor Dubai
Cyberattack pushed Wall Street banking platform into recording transactions in spreadsheets
A recent cyberattack targeting the infrastructure supporting Wall Street's essential processes has forced major banks to resort to traditional manual methods. The attack, which affected financial technology firm EquiLend on January 22, 2024, disrupted its systems, compelling securities-lending teams at prominent banks to manually input certain stock loans and transactions into spreadsheets. EquiLend, responsible for