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SA Taxi Partners with Lenovo to Transform Minibus Taxi Industry
In a collaborative effort to revolutionize South Africa's minibus taxi industry, SA Taxi has joined forces with Lenovo to enhance its technological capabilities. By integrating a Lenovo ThinkAgile MX solution with Azure Stack HCI, SA Taxi has achieved remarkable milestones, reducing total cost of ownership (TCO) by 28% and elevating performance metrics by 18%. SA
CHINESE CAR BRANDS SHOW GROWTH IN SOUTH AFRICA DESPITE MARKET SLOW DOWN
With the overall South African (SA) domestic vehicle market has seen a decline of -6% Year-to-date, and vehicle exports have slumped with a -16,8% decline for the same period, Chinese car brands are seeing a surge in popularity across South Africa, defying market challenges. According to Standard Bank, the number of Chinese cars financed by
Breaking News today – 3 September 2024
Business & Tech News South African China Accord: Chinese President Xi Jinping and his South African counterpart Cyril Ramaphosa met on Monday, ahead of the ninth African Leaders Summit on China-Africa cooperation. China, is South Africa's largest trading partner globally. Ramaphosa had been seeking to reduce South Africa's trade deficit with Beijing and review his
Gold Fields Migrates SAP and Treasury Systems to AWS, Advancing Digital Transformation
Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, recently announced that Gold Fields, a leading global gold producer with operations consisting of multiple continents, has successfully migrated its comprehensive SAP and treasury systems to AWS. This move is a key component of Gold Fields' digital transformation strategy, enabling the company to modernize its technology
Melon Mobile launches 14-Day Free Trial with a cheeky billboard takeover
In a move that left the country reeling in surprise, Melon Mobile, South Africa’s first truly digital telco, launched a groundbreaking tactical campaign targeting some of South Africa’s most loved brands. However, this was just the start of what is now being called one of the cheekiest campaigns the country has seen in a long time.
FNB reveals that over 50% of their valid active Wills were drafted by female customers
Women have made notable gains in terms of wealth and financial equality over the past couple of years. While earning and being financially independent is indispensable for today’s working women, managing one’s finances to not only grow but retain and seamlessly transfer your wealth to your loved ones when you’re gone has become just as
SA founded fintech Omnisient secures $7.5 million investment from arise
South African fintech start-up Omnisient has received a $7.5 million investment from Arise, a company that invests in African financial service providers and fintechs that advance financial inclusion. Founded in December 2019, Omnisient is a privacy-preserving data collaboration and insights platform that allows the owners and users of consumer data to collaborate to extract commercial insights without compromising
Bidvest Financial Results Indicate a Solid Performance
Bidvest, the international services, trading and distribution company, listed on the JSE in South Africa has delivered a solid performance, with the results demonstrating consistency in performance, strong cash flow and growth. The Bidvest group oppoerates on 4 continents and has their maiden hygiene services entry in the AsiaPacific market and have doubled their Australian facilities management
Kaspersky takes part in the development of the new ISO/IEC standard for IoT devices
From smart watches and digital assistants to connected cars, web-enabled Internet of Things (IoT) devices and technologies are transforming daily life and industry. To ensure the integrity and safety of IoT systems, Kaspersky experts are contributing to the development of a new International Organization for Standardization (ISO) standard for IoT devices: “ISO/IEC TS 30149 Internet
Mastering financial wellness in today’s economy
As South Africa observes Money Smart Week, from 26 August to 1 September, the focus on financial literacy and smart money management is more crucial than ever. In today's evolving world, understanding how to make sound decisions when transacting (sending and receiving money), as well as saving and investing carefully, is essential for securing a
NVIDIA Results, Responses and Realities
The world of Tech company evaluations is one that is a rocky landscape. While only time will tell whether or not Nvidia’s current high valuation is justified, one thing is certain: Its market capitalization of roughly $3 trillion is based on expectations for future growth more than it is on current results. The historical landscape
Step Up 2 A Start Up – 10 Years of Youth Entrepreneur Empowerment
South Africa has the potential to create up to 270-000 new jobs in the green economy by the year 2030 and the potential lies in our youth to forge a stronger future for our country. However, with the unemployment rates at alarmingly high rates especially amongst young South Africans, more needs to be done to
Breaking News today – 2 September 2024
Business & Tech News Record Trade Levels with China: The African trade value with China hit a new record of $282 Billion according to the 2023 China-Africa Trade Index, with a 1,5% growth on trade from 2022. The Index references 2000 as a benchmark of trade value. In 2023, China's imports from Africa was predominantly
Under One Roof rolls out its residential property listing service in South Africa
Under One Roof, is an entirely new concept set to solve some of the most frustrating problems encountered with other property listing websites. It introduces a homeownership resource-concentrated hub that not only presents properties for rent or sale – which uniquely also assists its clients to complete a transfer to a new owner – but also incorporates
South Africa’s first residential power purchase agreement amid rising electricity costs
GreenSun Renewable Energy, a leader in renewable energy solutions for over 13 years, is excited to introduce EnergyEase, a groundbreaking Energy-as-a-Service offering designed for South African homeowners. This innovative solution allows users to address escalating municipal rates by purchasing the energy produced by their system at a lower cost than local municipal electricity rates. With
Capitec Bank Hints at New In-App Feature at AWS Summit Johannesburg 2024
The AWS Summit Johannesburg 2024 was back yesterday, taking place at the Sandton Convention Centre. One of the companies in attendance was the regular participant at the event, Capitec Bank. The bank did not necessarily say much in terms of upcoming changes or developments with Amazon Web Services (AWS) this year, however, it mention an
Breaking News today – 30 August 2024
Business & Tech News Libyan Oil and Central Bank Crises Worsens: Libyan Oil production has been affected by a conflict between political rivals over control of the country’s central bank. Libya's National Oil Corp, said in a statement on Thursday that the average oil output stood at 591,024 barrels on Wednesday Aug. Estimates are that
Google Gemini Ai Gets Upgrade
Ai developments at Google are certainly happening at pace with several new upgrades on its Gemini AI platform announced this week. These include Gems, personalized AI assistants, and Imagen 3, an improved image generation model. With Gems, subscribers can create their own specialised assistants that will be able to perform tasks such as writing, planning, coding, learning, and
Brix – Tokenising African Properties
Tyran Faber – Co-Founder of Brix Start-up property tokenisation company, Brix, is, according to Co-founder Tyran Faber, redefining the perception of real estate in South Africa. He states that Brix is set to disrupt conventional methods of investing in property and create ease of access to property investing to all. Their pioneering platform presents a
Breaking News today – 29 August 2024
Business & Tech News Pavel Durov Released: Telegram CEO Pavel Durov was released from custody after being held for questioning for four days.Durov was detained on Saturday at Le Bourget airport outside Paris as part of a judicial inquiry opened last month involving 12 alleged criminal violations of the social media platform he owns and