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Vault22 launches Inclusive Financial Fitness Platform Making Wealth A Process
Vault22, the new financial wellness platform has been launched to improve the financial fitness of South Africans and the journey begins with over 200,000 pre-registered and linked account users. The digital solution marks a new era of empowerment for South Africans who are embracing new technology to level up their financial knowledge to make their
Bolt commits €100 million to upgrade safety on the platform over three years
Bolt, the leading ride-hailing platform, today announced a significant commitment of €100 million over three years to strengthen safety measures on its platform. This investment will support The Bolt Safety Team in its critical work of product development, customer support, safety feature awareness, and preventative measures to minimise safety incidents. The announcement was made during
Urban Flying Vehicle – The Helix Has Landed
The Pivotal Helix is a light Electric Vertical Take-off & Landing or eVTOL aircraft that was created by Pivotal with the aim of creating an adventure aircraft vehicle, that is small enough and light enough to provide vertical take-off capabilities. The Helix is the perfect craft for recreation and for short-hop travel and can literally
A Future-Proof AI Strategy Requires Build-for-Purpose Enterprise AI Solutions
In today's dynamic business landscape, integrating artificial intelligence (AI) into core operations is not only advantageous but essential for long-term success. At the recent AI Expo Africa 2024, held in Johannesburg, Len Pienaar, Managing Director at AdvanceGuidance, shared insights on the real reasons so many corporate AI projects fail. Pienaar explored aspects of AI Integration
Digital First Mobile Insurance a Winner in Africa
Standard Bank rolls out Continent-wide Digital Insurance Solutions For many years, Africa has been considered a difficult market for insurers. Low awareness of the insurance value, perceptions of insurance as an unaffordable luxury item and the inadequate distribution channels available on a facilities-challenged continent have often been blamed for the industry's woes. Facundo D’hers, CIO,
Breaking News today – Wednesday 13 November 2024
Business News Volkwagen Ventures into Software Development: With the ever increasing technology utilised in Automotive developments and products, it is no surprise that the German Auto Giant has now invested in a new software development venture with EV motor group Rivian, to the tune of $5.8 billion. Volkswagen Group announced the finalisation of the multi-billion-dollar
AI Development Challenges
Are Large Language AI model developments hitting scaling issues? International AI LLM development companies such as OpenAI are apparently hitting delays in developments around training these models to perform more human like thought processes. Successes Have Restrictions in Scope Gen AI models have been quite successful in areas of AI implementation in businesses and other
The November Energy Efficiency Awareness and How TCL Air Conditioners Help You Save
As November emphasizes the importance of energy efficiency, TCL, a global leader in consumer electronics and air conditioning technology, highlights its commitment to helping South African households reduce energy use and support environmental sustainability. TCL’s innovative air conditioning solutions provide powerful comfort while significantly cutting down on electricity bills, allowing families to embrace energy-saving practices
Vodacom Unveils Month-Long Black Friday Deals with Up to 70% Off Across Devices and Data
Vodacom has announced the return of its month-long Black Friday event, offering customers discounts of up to 70% on a range of products and services, from SIM-only packages and fibre options to the latest devices and wearables. This annual promotion, back by popular demand, aims to provide relief to South Africans feeling the pinch of
Sony back at EnergaCAMERIMAGE showcasing its new Cinema Line updates
Sony will be returning for the 6th time as the main official industrial sponsor to EnergaCamerimage 2024, showcasing its latest technological developments for the cinematography industry, and connecting with cinematographers and professionals. “Sony has been present at EnergaCamerimage for the last 20 years and we are delighted to be supporting the industry once again at this
State of the Retail Nation Q3: Consumer confidence starts to recover ahead of Black Friday
NIQ South Africa has released its latest State of the Retail Nation analysis for the first nine months of 2024, showing healthy revenue prospects for the FMCG and Tech & Durables retail sectors. The report highlights a positive shift in consumer sentiment throughout the year, setting the stage for healthy sales growth during the Black Friday and festive
Unified Communications for Business Explained
Unified Communications as a Service or UCaaS, is a cloud delivery modelled service, that brings unified communications (UC) tools such as chat, file sharing, telephony, VOIP and video conferencing tools—into a single interface or platform. The concept is designed to create a unified communications and collaboration system for businesses to gain more control over their
Nutanix Positioned Furthest in Vision Among All Vendors in 2024 Gartner® Magic Quadrant™
Nutanix, a leader in hybrid multicloud computing, today announced it is positioned furthest in vision among all vendors in the 2024 Gartner Magic Quadrant for File and Object Storage Platforms. Nutanix believes this recognition is due to the company’s strong vision for an enterprise storage platform that unifies unstructured data across edge, public and private
Breaking News today – Tuesday 12 November 2024
Business & Tech News Malian Gold Miner Shares Slump: The Malian Junta Authorities have detained the CEO and other employees of Australian gold miner Resolute Mining Ltd, who had been in Mali to hold discussions with the government’s mining regulatori. Resolute Mining’s share price fell by 32% on Monday in their worst day of trade
Bitcoin hits all-time high on Trump election performance
Bitcoin hit an all-time high above $75,000 this morning, finally breaking through the longstanding peak of $73,700. The cryptocurrency is currently trading at ZAR 1,323,115 (at 12h48) on Luno. The rest of the crypto market has also surged. Analysts attribute the crypto rally to Trump’s increasingly likely election as US President. Says Christo de Wit, Luno
FedEx Drives Global Economic Impact, Investing in Sustainable Infrastructure and EVs in Africa
FedEx Corp. (NYSE: FDX) released its annual economic impact report, analyzing the company’s worldwide network and role in building prosperity in local communities during its 2024 fiscal year (FY 2024). Produced in consultation with Dun & Bradstreet (NYSE: DNB), a leading provider of business decisioning data and analytics, the study underscores the ‘FedEx Effect’—the impact
Westcon-Comstor to distribute Weblib connectivity solutions across EMEA
Westcon-Comstor, a global technology provider and specialist distributor, recently announced an expansion of its partnership with Weblib, a leading vendor of intelligent Wi-Fi solutions, to cover the Europe, Middle East and Africa (EMEA) region. The two companies have a long-standing relationship in France. Under the newly-expanded distribution agreement, Westcon-Comstor will work with its EMEA-wide network of channel
Medical Aid & Healthcare Increases Under Scrutiny
Business Tech Africa will be running a series of articles regarding Medical Healthcare costs and looking at the business of Healthcare in South Africa and attempting to understand rate increases. Part 1 – Medical Aid Increases – What is happening? Among the open South African medical schemes, Bestmed has reported the highest average increase in
African Tech Innovation of the Year Awards: Finalists Announced
The finalists for the newly announced Tech Innovation of the Year awards, have just been released. The awards are a new innovation by Business Tech Africa that is seeking to highlight some of the amazing Tech innovations on the African Continent. The growth of Tech innovations in Africa are significant but do not always receive
Breaking News today – Monday 11 November 2024
Business & Tech News Generative AI – E-waste Concerns: Generative AI could result in up to 5 million metric tons of e-waste by 2030, according to a new study. Experts have warned that this is part of a growing concern around the massive E-waste being produced globally as defunct electronics are discarded and little used