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Big things happening for South Africa’s L&D sector
The transformations witnessed in the realm of learning and development this year serve as a significant indicator of what lies ahead in 2024 and beyond. The advent of artificial intelligence and machine learning has led to substantial cost reductions, rendering eLearning more accessible to South Africans. The industry's focus has shifted from the crisis mentality
Read the label when Appliance Shopping
Household appliances can be electricity guzzlers, especially geysers, refrigerators, lights, laundry equipment and ovens. Not only do they inflate your electricity bill, but in South Africa they add to the stress that the national grid is under, particularly in the mornings and evenings when bathrooms and kitchens are most in use. Energy efficient appliances are,
SOLA Group Starts Construction On Groundbreaking Renewable Energy Project
The SOLA Group has started construction on a groundbreaking and innovative new renewable energy initiative. The multi-buyer project is a 195 megawatt (DC) solar PV plant which will be the first to sell power to multiple buyers across the country on flexible terms, allowing energy users to access short-term clean power contracts to meet their
Rigel Resource Acquisition in talks to buy R7.9 billion South African gold miner
The New York-listed blank-check company, Rigel Resource Acquisition Corp. Is currently in talks to combine with a South African gold miner. According to the Daily Investor, the deal could value Blyvooruitzicht Gold Mining Company at as much as $425 million (R7.9 billion). The blank check company backed by Orion Resource Partners, an asset manager overseeing
South Africa comes against Botswana’s fresh produce ban extension
The South African government urgently requested a meeting with Botswana officials following the extension of a ban on fresh produce imports that was initially set to expire this month. Botswana has prolonged the prohibition until 2025 and expanded the list of restricted items. In response, the Minister of Agriculture, Land Reform, and Rural Development, Thoko
Elon Musk is looking to raise $1 billion for xAI
Reports have revealed Elon Musk is looking to raise $1 billion (R18 billion) in funding for his AI company, xAI. According to an SEC filing, the man behind Tesla, SpaceX and X has already raised about $135 million so far from four unnamed investors, with the first sale occurring on the 29th of November. This
Nigerian Stocks Fintech Success
Two Nigerian stocks that transformed into fintech providers are among the hottest in the market this year. Chams has surged over 800%, topping Nigeria’s 151-member all-share index, while Computer Warehouse Group has rallied nearly sevenfold, claiming the number-four spot. Their success highlights the potential within a country with low bank branch densities and a sizable
AI Alliance Promotes Open-source Artificial Intelligence
A coalition named the AI Alliance, which involves Meta Platforms, IBM, and over 40 other entities, is dedicated to fostering open-source AI initiatives. Their focus spans responsible AI development, safety tools, and expanding open-source AI models. The main goal is to collaborate on hardware, engage with academic researchers, and establish governance structures. Meta's president, Nick
Businesses must ensure their ERP software is secure in the wake of cyber-attacks
There’s no question about technology’s role in driving business evolution and revolution, but it also creates new layers of cyber-threats to organizations. New technologies are driving up cybercrimes, and businesses should put the proper measures in place to safeguard their enterprise resource planning (ERP) systems against cyberattacks, which can result in unprecedented and devastating effects.
How ERP systems can optimise distribution and wholesale processes
There is no getting away from the fact that challenges exist in distribution and wholesale processes. The ever-changing and interconnected nature of these processes make them difficult to manage, even more so when customer demands and market conditions fluctuate and product lines diversify. There is a raft of criteria that needs to be complied with
Empowering Homes: Sungrow's Innovative Solution, redefines Festive Season Joy in South Africa
Sungrow, the leading force in smart energy solutions worldwide, remains dedicated to alleviating South Africa's persistent struggle with load shedding, a challenge that often intensifies during the holidays. With recent extreme weather conditions in heat expected to continue throughout the summer season, you can revel in the festivities with peace of mind. Recent statistics underscore
BCX Releases Digital Innovation Index Report 2023
BCX, a leading technology company, in collaboration with EY-Parthenon, has unveiled the much-anticipated BCX Digital Innovation Index Report 2023. This comprehensive report aims to guide businesses by evaluating their innovation strategies and shedding light on the dynamic landscape of digital transformation in South Africa. Jan Bouwer, Chief Solutions Officer, and Innovation Sponsor at BCX expressed
Shaping the future of SA's logistic sector
With so many variables in play and supply chain conditions constantly changing, businesses need to be in a position where they can identify risk early and action effective and appropriate responses. A cargo movement update from the South African Association of Freight Forwarders on November 17 is a vivid illustration of how volatile the sector
South32 and Feenix invest in tomorrow’s leaders
With as many as one in every three individuals of working age jobless, unemployment remains a major crisis facing our nation – especially for the youth who are disproportionately affected. A recent Statistics SA Labour Force Survey revealed that most unemployed people in SA had education levels below matric, while only 10.6% were graduates, suggesting
Castrol Expands to Pinetown, Offering Growth Opportunities for Local Automotive Workshop
Castrol, a trusted name in automotive care and maintenance, has announced its association with Auto Complete, a Retail Motor Industry accredited, automotive workshop and service centre situated in Pinetown, Durban. This significant collaboration aims to provide developmental opportunities for the local motor city, including access to training solutions, marketing, and customer experience support, as well
New Zero Trust Data Resilience Model Introduced by IT Security and Data Protection Experts
The leader in Data Protection and Ransomware Recovery, Veeam Software has introduced Zero Trust Data Resilience (ZTDR), which is a model that is meant to help organizations reduce the risk of growing data security threats and improve their overall resilience. The ZTDR applies Zero Trust principles to backup and recovery as an extension to the
Time is of the essence – what businesses still need to understand about ransomware attacks
Ransomware has been a focal point in cybersecurity discussions in recent years. Despite its prevalence, a significant number of individuals and organizations lack a comprehensive understanding of the intricate unfolding of these attacks. Contrary to the misconception of instantaneous breaches through a single malicious link leading to an immediate lockdown, ransomware attacks often have a
Sungrow Empowers South African Homes to Rise Above Load Shedding Challenges
In a game-changing move tailored for the unique energy landscape of South Africa, Sungrow introduces smart energy solutions that resonate with the daily experiences of households grappling with load shedding. Real-life stories from South African users highlight the tangible impact of Sungrow's residential solution on overcoming the hurdles of power disruptions. Championing Energy Independence in
The benefits of ERPs inside a blockchain
Enterprise Resource Planning (ERPs) serves as a vital tool for businesses, enabling them to efficiently manage and integrate key components of their operations to enhance overall processes. In contrast, blockchain technology focuses on establishing cryptographic encryption, validating, and disseminating secure and immutable records or data through a digital ledger. In this system, information is collectively
Spar attributes losses to SAP
Spar Group attributes a R1.6-billion loss in turnover and a R720-million profit hit to a troubled SAP implementation in its KwaZulu-Natal region. The project, initiated in October 2022, faced go-live and integration issues, leading to operational disruptions. Spar took corrective actions, including servicing stores from other centers, but only fully resumed KZN operations in August