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Google demonstrates how AI can help businesses thrive
Google has reaffirmed its commitment to making AI helpful for businesses at the AI in Action event hosted in CapeTown. The event was aimed at educating businesses about the usefulness and benefits of adopting Gemini, Google’s most sophisticated AI model, to scale-up their operations in a constantly evolving landscape. Business owners now have the opportunity to engage
Vehicle Sales and business confidence Improves
South Africa, 1 August 2024: The Automotive Business Council said that they welcomed uptick in the July 2024 new vehicle sales figures and that this could be and indicator of a turning point for an improved second half of the year performance. The domestic new vehicle sales in July 2024, was at 44,229 units, an
MUT Appoints Professor Nokuthula Sibiya as New Vice-Chancellor
Mangosuthu University of Technology (MUT) has officially announced the historic appointment of Professor Nokuthula Sibiya as the new Vice-Chancellor, the first woman to hold this esteemed position in the institution's 45-year history. This ground-breaking appointment comes at a pivotal moment as MUT embarks on a new era of academic excellence, innovation, and community engagement. Professor
Heritage Can Drive Economic Growth in Africa
In 1972, One Hundred and Ninety Three countries signed an historic United Nations agreement on world heritage sites. The Agreement gave the United Nations Educational, Scientific and Cultural Organization (UNESCO) the mandate to preserve places across the globe that are revered for their “outstanding universal value.” Examples in Africa are: Table Mountain in South Africa,
Women, younger South Africans feel most financial stress: DebtBusters reveal
South Africans’ levels of financial stress have remained high for the past three years, affecting their home and work lives as well as their health. Younger people and those with less income are the most anxious, with particularly women carrying the burden of financial stress. Older people and those in the higher income bands are
What Happens When The Insurer And Policyholder Disagree On Settling?
Like any other litigant, there are many factors that an insurer considers in deciding whether to litigate or settle a matter. However, there may be an instance whereby an insurer decides to settle a claim whereas a policyholder believes that they are not legally liable, and therefore, the claim should not be settled. Unless properly
Conference Eco-System Success Story
The severe impact of the unnecessarily extended covid lock-downs saw tourism, travel entertainment and conferencing businesses hard hit with revenues way down and some having to close their doors permanently. And for African countries like South Africa, this had a major impact on the overall GDP and employment rates. Fortunately, there have also been some
Breaking News Today – 1 August 2024
Former Military Ruler Sentenced: Guinea’s Ex-military Ruler, Moussa Dadis Camara, has been sentenced to 20 years in prison for crimes against humanity yesterday. He was found responsible for the gruesome massacre of 156 people in 2009, when military troops opened fire on people attending an opposition rally held to demand a return to democratic civilian
Standard Bank Group Partners with African Union Peace Fund to Support Peace Initiatives in Africa
Standard Bank Group, Africa’s largest bank by assets with operations in 20 markets across the continent, has signed a Memorandum of Understanding (MoU) with the African Union Peace Fund to assist the African Union (AU) in its resource mobilization efforts for peace across Africa. The MoU was signed during the African Union Peace Fund High-Level
Mpumalanga Tourism Expo: Showcasing South Africa's Tourist Attractions
The Mpumalanga Tourism Expo, the annual event held every September in South Africa's Mpumalanga Province, aims to promote domestic tourism and foster regional integration. Launched in 2021 during the peak of the COVID-19 pandemic, the expo provides a vital platform for showcasing various tourism products and services, serving as a catalyst for the sector's recovery
Fibre-Optic Cable Cuts Disrupt Broadband Services in France During Olympic Games
Several fibre-optic cables carrying broadband services across France’s southern and eastern regions were severed overnight in the latest attack on the country’s infrastructure during the Olympic Games. SFR reported that five lines were cut overnight, and repair teams are actively working to restore services, according to a spokesperson for the French telecommunications carrier. Other carriers,
South African Reserve Bank to Complete R100 Billion Profit Transfer by Mid-August
The South African Reserve Bank (SARB) will finalize the transfer of R100 billion in profits from the nation's gold and foreign-exchange reserves to the Treasury by mid-August, Governor Lesetja Kganyago announced. "By July 1, R100 billion had been transferred to the SARB, and approximately three-quarters of the R100 billion due to the National Treasury this
Altron Reports Strong Earnings Growth for H1 2024
Altron has issued a trading statement for the six months ending August 31, 2024, indicating a robust growth in continuing earnings per share (EPS) and headline earnings per share (HEPS). The company anticipates these figures to be at least 20% higher compared to the same period in 2023. "Group earnings and headline earnings per share
China and 26 African Nations Unite to Enhance Digital Innovation
In a move to strengthen digital partnerships, China and 26 African countries have committed to bolstering innovation within the digital sector. This collaboration was cemented during the Forum on China-Africa Digital Cooperation, hosted by the Chinese Ministry of Industry and Information Technology in Beijing on July 29. Senegal's Minister of Telecommunications, Alioune Sall, expressed optimism
SoftwareOne Named a Major Player in Worldwide Cloud Professional Services
SoftwareOne, a leading global IT reseller and services company, is recognised as a Major Player in the IDC MarketScape: Worldwide Cloud Professional Services Vendor 2024 Assessment. This positioning reflects SoftwareOne’s ability to maximise the value of technology for its clients, by optimising ROI from IT spend that can then be applied to accelerating SaaS, cloud,
Breaking News Today – 31 July 2024
World Cup 2030 Host Candidates Announced: Morocco is one of five potential hosts for the FIFA world cup 2030. Gianni Infantino, of FIFA yesterday confirmed plans had been handed over by FA presidents of the 2030 main hosts: Morocco, Spain and Portugal for what will be the commemoration of the 100th anniversary of the World
Impact Sourcing: A Transformative Recruitment Approach
Impact sourcing is revolutionizing recruitment by diverging significantly from traditional methods. This approach plays a crucial role in Business Process Outsourcing (BPO), offering employment opportunities to individuals from disadvantaged communities while providing companies with high-quality customer service. By accessing untapped talent pools, companies can enhance workplace diversity and social responsibility. According to Lizelle Strydom, Managing
Embracing Ai and Ai Security Within Business
Although over 60% of companies’ report using Generative AI, only around 20% of them have established policies governing employees’ use of AI and most are only mitigating some of the obvious risks such as inaccuracy and intellectual-property infringement, according to the McKinsey Global Survey on State of AI 2023. The often neglected areas of security
How opportunity capital can propel growth for South African SMB retailers
Small and medium business (SMB) retailers in South Africa are primed for strong growth in the months ahead, following a welcome respite from the load shedding crisis as well as the conclusion of a successful and peaceful election. The key to helping these businesses reach their potential lies in helping them to access growth capital.
African Startups Surpass $1 Billion in Venture Capital Funding in 2024
Venture capital funding for African startups has surpassed the $1 billion mark in 2024, as reported by Africa the Big Deal, a leading startup funding analytics company. This milestone was reached sooner than anticipated, although it still lags behind the pace of previous years, when the same benchmark was achieved in May 2023 and as