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Telkom’s Yep introduces AI to the platform to boost SME efficiency
Telkom’s Business online marketplace for small and medium enterprises (SMEs), Yep, has revealed that it now has infused artificial intelligence (AI) on its platform. This AI tool is set to accompany two new digital solutions to assist SMEs with reputation management and social marketing. Yep is described as a digital marketplace where customers can search
Best Private banks in South Africa
Taking the number one spot at the 2023 Intellidex Top Private Banks and Wealth Managers Awards was Nedbank Private Wealth, which was closely followed by Standard Bank Private Banking and RMB Private Bank. the Intellidex Top Private Banks and Wealth Managers survey recently held it’s twelfth edition, and it ranks wealth managers and private bankers
Concerns for new food labels in SA
Experts at Webber Wentzel have revealed that the new food labelling laws that the Department of Health wants to introduce may be more harmful than good. It was in April when the minister proposed changes to the Foodstuffs, Cosmetics and Disinfectants Act, which opened the Regulations Relating to the Labelling and Advertising of Foodstuffs for
SABC Working on a New TV Licence plan
SABC is still fighting the uphill battle of trying to get South Africans to pay their TV Licences, with the government working on a new model to counter the culture of non-payment. As a response to a recent written parliamentary Q&A, the Mondli Gungubele who is the Minister of the Department of Communications and Digital
CSIR and AIDC collaborate to strengthen SA’s e-mobility prospects
The Council for Scientific and Industrial Research (CSIR) together with the Automotive Industry Development Centre (AIDC) have partnered up and have come into an agreement that focuses on new energy vehicles (NEVs) and skills development. NEV is a type of vehicle that uses alternative energy sources instead of only using traditional fossil fuels. It is
Telkom auctioning properties costing R500 million
Telkom is in the process of getting ready to auction off 50 properties across the country which are estimated to be worth more than R500 million. Telkom’s National Portfolio Disposal of 50 properties will be auctioned off by property auction house In2Assets on the 22nd of August 2023. In2assets is said to be mandated to
SAP appoints New MD in Southern Africa
The German enterprise software giant SAP, has replaced Cathy Smith and appointed Kholiwe Makhohliso as the managing director to lead its Southern African operation. Kholiwe Makhohliso is a seasoned tech exec, who has worked with a German software company, which was , Software AG. The newly appointed MD has over has 20 years of experience
How to safeguard VOIP communications
VOIP technology has revolutionised telecommunications, as it offers cost-effective and flexible solutions for all kinds of businesses. But the convenience of VOIP also comes with the potential for security vulnerabilities that can compromise sensitive information and communications. In 2022 research showed that there is a rise in attacks that are targeting VOIP providers. The total
food supply in South Africa under threat
PwC has revealed that South Africa is looking at a risk of heightened food insecurity since load-shedding, adverse weather, and deteriorating infrastructure disrupting the country’s food supply. The firm’s financial advisory, South Africa Economic Outlook which was released in June, discussed how businesses could respond to the difficulties of the current economic conditions. At the
Ellies wants to make a transformation with Bundu Power acquisition
Ellies is currently planning on transforming to become a smart infrastructure business that focuses on alternative energy supply, backup water systems, and smart home technologies through its acquisition of Bundu Power. Founded by Ellie Salkow in 1979, Ellies started with only five employees, selling only television aerials. The company then created Elsat with the advent
Pothole Patrol app gets an AI upgrade
Discovery Insure has upgraded the system to the Pothole Patrol mobile app, including advanced artificial intelligence (AI) software on it to make it easier for users to identify road defects and potholes. Since the app was launched, it has led to almost 175 000 potholes in Johannesburg being fixed. A statement revealed that the app
BMW set to build plug-in hybrids in South Africa
BMW Group has announced that is planning on building its new X3 model in South Africa from 2024, investing R4.2-billion to electrify its plant in Rosslyn. In a statement, the company said from 2024, they will be producing the BMW X3 in South Africa as a plug-in hybrid and export it all over the world.
MTN SA working on generating own electricity
MTN SA has revealed that it is currently working on becoming a standalone Independent Power Producer (IPP) by harnessing the power of multiple generation technologies that are going to include additional solar, gas and battery energy systems, in one plant at its head office in Fairlands, Johannesburg. The telecoms company said in a statement that
JUWI Projects has 400 MW of EPC projects to Drive Clean Energy For SA Mines
The global solar, wind and hybrid project developer, EPC and operations and maintenance company, JUWI Renewable Energies, has announced that it currently has 400 MW of EPC projects in advanced stages of development for mines in South Africa. This comes just after the financial close of the 89 MW Castle Wind project by the African
popular driving app Waze hit by Job cuts
Google recently made an announcement that is cutting jobs at the mapping app, Waze. This is taking place as a resulting of the company merging the app’s advertising system with Google Ads technology, without giving details on the number of layoffs. Google acquired Waze for close US$1.3-billion back in 2013, and they revealed that in
Paratus currently building its biggest data centre
Paratus Group is set to build Angola’s first tier-4 “by design” data centre in Luanda, Angola. ICT infrastructure specialist mentioned that this new data centre is set to complement the two data centres the pan-African company owns and operates in Angola. This will be the fifth data centre that will be operated by the group
Hacking group that has ties to Africa may be a Russian proxy
A hacking group that has been said to be the cause of a series of outages at Microsoft sometime this month, and had spent the previous months attacking targets in Israel, Sweden and other nations, could be part of an expanding campaign that some cybersecurity researchers have tied to Russia. The group “Anonymous Sudan” defines
Takealot takes a huge loss
Naspers has been having significant losses over the last financial year, and one of the reasons is that South Africa’s biggest online retailer, Takealot, posting a loss of R400 million. The company said: “The operating environment in the fiscal year ended 31 March 2023 (FY23) was characterised by significant geopolitical and macroeconomic uncertainty. Amid that
Telkom removes SAPO as payment channel
Telkom has revealed that it will no longer be offering the account payment option through South African Post Office (SAPO) for its customers. The telecommunications company mentioned in a statement that this change aims to streamline the payment process for Telkom’s customers. SAPO faces an uncertain future and Telkom’s move comes as a result of
Dividend drought might be coming for South African investors
Investors in South African might be facing a dividend drought soon, with companies unable to pay dividends due to the tough operating environment and an uncertain economic outlook. The portfolio manager at Sanlam Investments, Roy Mutooni, spoke to CNBC Africa about the growing trend of South African companies not paying dividends. He said the rising