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Breaking News today – Tuesday 19 November 2024
Business & Tech News Resolute Resolution for Release: Australian mining company, Resolute Mining, who had its senior managers detained 10-days ago, by the Junta run government, has said it will pay Mali's military government $160m (£126m) to settle an apparent tax dispute. Reports stated that Terry Holohan, CEO of resolute had been travelling in the
Ecentric wins Fintech Innovation Award
18 November 2024, Cape Town – Leading omnichannel payments provider Ecentric and its partners were awarded Fintech Innovation of the Year at the 2024 Africa Tech Festival for their ground-breaking, industry-led Wealth on Wheels (WOW) initiative that aims to revolutionise South Africa's minibus taxi industry. Launched at this year’s Southern African National Transport Conference (SATC)
MTN MoMo and EcoCash team up to offer effortless direct cash transfers between SA and Zimbabwe
For thousands of Zimbabweans living and working in South Africa, being able to share the cash fruits of their labour with loved ones at home is now easier than ever, thanks to the recently forged partnership between MTN MoMo and EcoCash, Zimbabwe's largest mobile money service. The partnership, which brings together the strength of MTN
WSP in Africa revolutionises digital engineering with Project Raptor
WSP, a leading global multidisciplinary professional firm, says its Team Project Raptor, which forms part of the Transport & Infrastructure (T&I) division, has completed groundbreaking work for South 32, a globally diversified mining and metals company. The project focused on a comprehensive upgrade of its manganese rail infrastructure in the Northern Cape and encompassed everything
African Tech Innovation of the Year Award 2024: Winners Announced
The winners of the Inaugural Tech Innovation of the Year awards, have just been released. With a focus on Tech Innovation and the promotion of the amazing innovations that the African continent is producing, Business Tech Africa has been enormously grateful to the companies that have shared their stories and their development journeys with us
Bolt hits €2 billion in annual revenue
Bolt Founder and CEO Markus Villig has announced the global shared mobility platform has hit €2BN (R36BN) in annual revenue. Speaking on 20VC, the technology podcast hosted by entrepreneur Harry Stebbings, Markus described Bolt’s rapid growth since he founded the company as a teenager in Estonia in 2013 with just a €5000 loan from his
Google announces the 2024 cohort of its Black Founders Programme
Google recently unveiled the 2024 cohort of its Google for Startups Accelerator Africa: Black Founders programme. Coinciding with the Africa Tech Festival, the selected startups were revealed at an event that took place in Cape Town. As a part of the cohort, the tech startups are set to receive up to R 1 million (over $50
Standard Bank and Soapbox join forces on the UN SDG challenge SA
Standard Bank Group and Soapbox proudly announce the successful conclusion of the UN SDG Challenge South Africa, an eight-week collaboration aimed at tackling one of the most pressing issues of our time: sustainability. The initiative aims to advance and foster sustainable practices within South Africa’s business sector, as the 2030 deadline for the UN Sustainable
Curbing the emergence of deep fake scams
The rapid emergence and development of Artificial Intelligence (AI)systems has become so prevalent a subject, it dominates discussions and dialogue across a broad spectrum of sectors that encompass the commercial value chain. Business Tech Africa spoke to Zaakir Mohamed and Mawande Nontela, of Investigations and Forensics, regarding their perspective on the challenges that AI is
Breaking News today – Monday 18 November 2024
Business & Tech News Huawei Mate 70 Smartphone now Available: Huawei has opened up pre-orders for its Mate 70 smartphone model, this morning (18Nov), they announced this in a statement on its official WeChat account. They also announced It will hold an event for the Mate brand on Nov. 26. The company's online store on
(SPONSORED): Intelligence in Payments is the new norm
Absa Mobile Pay allows you to enjoy the best digital banking experience for your business. With an enabled tap-and-pay feature for Android smartphones, Near Field Communication (NFC) transactions can be made safely, quickly and easily. What a game changer! Get ready to turn your mobile device into a Point-of-Sale (POS) device – giving you the
MTN SA and Huawei complete the first 5.5G mobile network trial in South Africa
MTN South Africa, in strategic partnership with Huawei, has completed the first 5.5G network trial in South Africa at MTN Head Office, Johannesburg, South Africa. As a leader in 5G development in South Africa, MTN is once again leveraging the innovative technology of 5.5G to accelerate the journey towards a techno-centric continent, marking the arrival
Sungrow Southern Africa Celebrates Official Opening of PowerElec Kenya 2024
Sungrow Southern Africa is excited to announce its participation as the principal sponsor of PowerElec Kenya 2024, marking the official opening of the event today. Sungrow, one of the world’s leading providers of solar energy solutions, looks forward to forging new partnerships, meeting distributors, and engaging with local businesses at this key industry event. With a
Axis Communications introduces ACS Edge and Cloud Storage for AXIS Camera Station
Axis Communications, the global leader in security and network surveillance technologies, has launched two brand-new solutions within the AXIS Camera Station ecosystem. AXIS Camera Station Edge (ACS Edge) and AXIS Camera Station Cloud Storage (ACS Cloud Storage) transform network video management through edge cloud capabilities and enhance companies’ physical security and surveillance systems. The two
Nutanix Extends AI Platform to Public Cloud
Nutanix, a leader in hybrid multicloud computing, has announced an expansion of its AI infrastructure platform with a new cloud-native solution, Nutanix Enterprise AI (NAI). This can be deployed on any Kubernetes platform, at the edge, in core data centres, and on public cloud services like AWS EKS, Azure AKS, and Google GKE. The NAI
B-BBEE and SMMEs are the cornerstones of South Africa's economic growth
As South Africa prepares to celebrate National Entrepreneurship Month this November, The BEE Chamber emphasises the vital role that Broad-Based Black Economic Empowerment (B-BBEE) and Small, Micro, and Medium Enterprises (SMMEs) play in driving the nation’s economic growth. Zanele Shabangu, Consultant at The BEE Chamber, says: “B-BBEE and support for SMMEs are not just initiatives
Italian Agency for Development – African Focus on Agriculture
AICS or the Italian Agency for Development Cooperation, is one of several key innovations established by the Italian law on international cooperation. The Agency was formed in January 2016, with the aim of aligning Italy with its principal European and global partners to promote and assist with economic development. Its basic model reflects one used in the
Perspective on Investment in Africa – With Trevor Manuel
Business Tech Africa’s Editor, Greg Stewart (ED), spoke with Trevor Manuel (TM), the previous Finance Minister of South Africa and current Investment Envoy for the African Union, at the TEHA CEO Dialogue happening in Illovo Johannesburg currently form 14-15 Nov. ED: I asked Mr Manuel about his viewpoint on the investment landscape in Africa currently.
Unleash Premium Sound with Sony’s Black Friday Audio Collection
For many of us, Black Friday is the one day where even the most budget-conscious of us feel a sudden urge to splurge. It’s the perfect time to turn up the volume on life with top-tier audio gear. This year, Sony's Black Friday lineup is packed with deals on earbuds, headphones, soundbars, and speakers that’ll
Bitcoin smashes through R1.6 million exceeding all-time high on Luno
Cryptocurrency leader Bitcoin smashed through its previous all-time high of R1,321,541 million recorded on 3 June 2024 and was this morning trading on Luno at R1,618,339. The milestone followed an extraordinary rally which saw Bitcoin up a remarkable 10% over 24 hours. Following the US elections, Bitcoin reached a new all-time high in dollar terms, trading at