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Breaking News today – Friday 27 December 2024
Business & Tech News Suez Canal Revenue Crash for Egypt: Egyptian President Abdel Fattah al-Sisi, on Thursday confirmed that pirate activities and ship attacks, in the Red Sea and other regional geopolitical challenges, had cost Egypt around $7 billion in revenues from the Suez Canal in 2024. Egyptian water portage revenues in the Suez Canal,
Market Update 26 December 2024:
US Treasury Yield Up: The yield on the 10-year US Treasury note rose to about 4.62%, hitting its highest level in just under seven months, as markets continued to assess the Federal Reserve’s monetary policy outlook on rate cut slow-down. Median projections by FOMC members indicated that policymakers expect fewer rate cuts than previously anticipated.
PAST urges public support for our shared ancient heritage this festive season
The Paleontological Scientific Trust (PAST) invites the broader public to show support for palaeo-sciences by engaging in and fostering palaeo-tourism, especially during this holiday season. By visiting palaeontological sites and exhibitions across the country, the public can play a crucial role in sustaining these vital areas of study, which in turn will lead to the
FNB collaborates with PEP to offer 155000 school shoes vouchers for only 99c
FNB eBucks has officially announced its exciting collaboration with South African retailer PEP to offer customers 155 000 vouchers for Student Prince synthetic school shoes for 99 cents at any PEP store nationwide. Customers can also opt to get R129 off any pair of school shoes with a higher price point such as Toughees leather school shoes.
Breaking News today – Tuesday 24 December 2024
Business & Tech News Honda, Nissan and Mitsubishi Merger Talks Announced: Honda and Nissan announced on Monday that they were discussing a potential merger, with Mitsubishi Motors, which currently holds a 34% stake in Nissan, also potentially looking at joining the merger deal. Should the merger deal proceed, the combined entity could be valued above
Weekly Market Wrap-up
Commodities: Gold, The darling of safe-haven investments has once again proven its holding value in 2024. Gold is mostly traded on the OTC London market, the US futures market (COMEX) and the Shanghai Gold Exchange (SGE). The standard future contract is 100 troy ounces. While half of the gold consumption in the world is used
Protect & Propel: Rubrik DSPM empowers South Africa’s AI future
Sensitive data exposure is a top concern given the volume and types of data consumed by generative AI (Gen AI). Inadequate sensitive data controls and resulting data leakage can halt the use of innovative AI tools. DSPM helps accelerate AI adoption by quickly and easily identifying data risks, which is why Rubrik, is announcing Rubrik
Scams unwrapped: Kaspersky’s cybersecurity experts warn of evolving holiday scams
With the holiday season here, it’s not only a time for magic and celebration but also a prime opportunity for fraudsters to exploit the festive rush for gifts and bargains. Amid the sparkle of year-end celebrations, cybersecurity experts at Kaspersky have identified several prominent scams targeting consumers across various regions and languages. Fake holiday shops
Fishing for Energy – Energyminer Revolutionises Hydro Power Generation
Generating power from flowing water is nothing new, but Alternative Energy start-up Energyminer is has developed an innovative way to harness energy from water flow, without dams or weirs that interfere with nature and require massive infrastructure builds. The Energyfish is a new type of power generation system that works in perfect harmony with nature.
Breaking News today – Friday 20 December 2024
Business & Tech News Nanotube AI Diagnoses Ovarian Cancer: Dr Daniel Heller and his team at Memorial Sloan Kettering Cancer Centre, have developed a novel ovarian cancer detection technology using carbon nanotubes. These nanotubes, when introduced to a blood sample, emit unique light patterns based on the molecules present. The resulting complex data, however, requires
20 Years of Successful Duo Marketing
It is a fact that less than 20 percent, of companies, survive beyond 20 years in South Africa. And that's significant and so when a company functioning within a very competitive market sector hits that milestone, and hits it with expansion and new divisions being launched, it is something of a credible achievement. Business Tech
Nividia’s New Super Hot Super-Fast Nano Computer
Technological advancements are significantly shaping the business landscape, as illustrated by the launch of the NVIDIA Jetson Orin Nano Super Developer Kit. This device, a compact generative AI supercomputer, is designed to make powerful AI capabilities accessible to a broad audience. Jetson Orin Nano Super is an ideal tool for those interested in developing skills
Smart Ways to Boost Hospitality Profits
With a 12% year-on-year growth in revenue per available room (RevPAR) anticipated this summer, South Africa’s hospitality sector is preparing for a lucrative festive season. However, unexpected costs and inflation on consumables can quickly eat into profits. In order to improve profitability, hotels, guesthouses, and other hospitality establishments can now start adopting smart technologies that
Breaking News today – Thursday 19 December 2024
Business & Tech News Nvidia Launches Micro Super Computer: NVIDIA has introduced the Jetson Orin Nano Super Developer Kit, a compact generative AI supercomputer that fits in the palm of your hand. The device is designed to be accessible to a broad audience, with the ability to run complex AI models like Llama 3.1 8B
Ericsson and AXIAN Telecom collaborate to enhance youth digital skills in Africa
Ericsson and AXIAN Telecom have signed a Memorandum of Understanding (MoU) aimed at exploring opportunities for collaboration to digitally upskill young people across the African countries where both companies operate. This partnership leverages the Ericsson Educate program, part of Ericsson’s Connect To Learn initiative. Together, the companies aim to provide access to quality educational content while fostering crucial 21st-century
MTN South Africa Paving the Way Towards Excellence in Customer Experience
MTN South Africa is advancing its journey to transform customer experience through innovation and security, showcasing meaningful progress in the telecommunications industry. While celebrating notable achievements, MTN recognises that there is still more to be done to deliver truly exceptional service. By improving its Interactive Voice Response (IVR) system—an automated phone system that helps direct
Grassroots Innovation Awards 2024
Science and innovation can make a lasting positive impact in communities across the country, as a recent awards ceremony proved. The Grassroots Innovation Programme (GIP) forms part of the broader Innovation for Inclusive Development Programme (IID) of the Department of Science, Technology and Innovation (DSTI). Innovation is a source of sustainable growth and competitiveness, as
AI Revolutionizes Mining: Driving Safety, Efficiency, and Sustainability in Africa and the Middle East
The mining sector has entered an exciting but complex period of technology-driven transition. AI and new-generation innovations promise to enhance efficiencies in the mining sector, reducing carbon emissions, boosting profitability and ensuring safety. Dynamic and data-driven decision making to optimize planning and production leveraging AI technologies is gaining traction within the major mining houses in
Webfleet Study Reveals AI and EVs as the Future of Fleet Management
The majority (58%) of fleet managers expect to be using AI within the next five years, a new global study to commemorate the 25th anniversary of Webfleet has found. The research, commissioned by Bridgestone’s globally trusted fleet management solution, Webfleet, was conducted among 1,800 fleet managers across 15 countries including South Africa to shed light on the current
Pro-Active Maintenance Warning System – Available to Selected BMW Owners
Ever been on a road trip and encountered a breakdown issue due to a fault that could have easily been dealt with if you had only known beforehand? It is now possible, thanks to a new innovation from BMW’s Proactive Care. The new service solution that delivers individual, pre-emptive support to a growing number of