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Henkel empowers future leaders: Celebrating bursars and Tamaho graduates with career initiatives
Henkel has successfully conducted a two-part initiative aimed at fostering the growth and development of young talent in South Africa. On July 11, 2024, Henkel welcomed five of their bursars from the University of Johannesburg to its Head Office, where they had the unique opportunity to engage with senior executives. The aim of the engagement
Ascendis Health Secures Legal Victory Against Takeover Regulation Panel
Ascendis Health has achieved a significant legal win after seeking judicial review to overturn a ruling by the Takeover Regulation Panel (TRP). This marks a pivotal moment in a saga that began in September of last year, when Ascendis announced its potential delisting from the Johannesburg Stock Exchange (JSE). In a cautionary statement to shareholders,
Spotify Launches Spanish-Language AI DJ to Enhance Music Discovery
Spotify has expanded its AI DJ feature, an AI-powered guide that curates personalized song selections, to include its first language outside of English. On Tuesday, Spotify announced the launch of an AI DJ that speaks Spanish, confirming earlier reports by TechCrunch about the feature's development. The Spanish-language voice is modelled after Olivia "Livi" Quiroz Roa,
Google Seeks New Country Director for South Africa Amid Regulatory Challenges
Google has announced an opening for the position of Country Director for South Africa on its careers portal. Alistair Mokoena, who has held the role since April 2020, succeeded Luke McKend, who left in 2018 to lead LinkedIn for Africa. McKend had been the country manager since October 2010. Mokoena, previously the CEO of Ogilvy
In the spotlight: TCL brings together innovation and tech to create magic
TCL Electronics, a global leader in consumer electronics holds the distinction of being the World's top Ultra-Large Television company and ranks second globally in overall television sales, a testament to their extensive TV technology advancements since establishing their TV design division in 1999. From pioneering rear projection TVs in 2000 to their latest masterpiece, the
Telkom Mobile Solidifies Position in South African Telecommunications Market
Telkom Mobile, originally launched as 8ta in 2010, has reaffirmed its commitment to investing in last-mile mobile network infrastructure, diverging from the path taken by rival Cell C. Lunga Siyo, CEO of Telkom’s consumer business, emphasized Telkom Mobile's steadfast position as a long-term player in the South African telecommunications market during an interview with TechCentral.
UAE Lifts 21-Month Visa Ban on Nigerian Citizens Following Diplomatic Negotiations
The United Arab Emirates (UAE) has officially lifted a 21-month visa ban on Nigerian citizens, which had been in effect since October 2022. Nigeria’s Information Minister, Mohammed Idris, announced on Monday that the decision was the result of "mutually beneficial negotiations" between the two governments. The agreement includes new "updated controls and conditions" that Nigerian
Breaking News Today – 18 July 2024
South Africa Celebrates Nelson Mandela Day: 18th of July 1918 was the birth date of South Africa’s first democratically elected President and international Freedom Icon – Nelson Rolihlahla Mandela. Born this day in the small rural village of Mvezo, a small rural village just outside Mthatha, in the Eastern Cape South Africa. Every year The
VC Funding in Africa Declines in 2024
The H1 numbers on African VC funding reveal that debt funding has shown an overall decline compared to H1 in 2023 of -56%, with equity funding still the dominant player, totaling 127 deals and a total funding value of US $489.76 million. A significantly larger portion, almost 2.5 times more, went towards growth stage deals
StarSat boosts local employment and skills development in South Africa
In the first quarter of 2024, Statistics South Africa’s Quarterly Labour Force Survey (QLFS) revealed a notable increase in unemployment. The number rose by 330 000, reaching 8.2 million. The official unemployment rate climbed to 32.9%, an increase of 0.8 percentage points from the fourth quarter of 2023. Conversely, the survey showed a slight uptick in the
EASE Holdings BV Launches EASE® Healthcare Program in South Africa
EASE Holdings BV announced the expansion of its groundbreaking EASE® (Equipment as a Service) Healthcare program in Southern Africa and opened a subsidiary in Johannesburg, EASE® South Africa (Pty) Limited in December 2023. The Southern Africa regional expansion marks an important step in EASE®’s geographic footprint, which launched in Ghana and Nigeria in 2022. “Opening EASE® South Africa
Kaspersky uncovers scams targeting Olympic Games fans
The first in-person Summer Olympics since the lifting of pandemic restrictions is set to begin on July 26, attracting millions of sports enthusiasts. Kaspersky experts have noted a surge in scamming activity surrounding the event, with fraudsters targeting users' money and data. To understand how scammers are exploiting viewers' interest, Kaspersky experts analysed Olympic-related phishing
Breaking News in Africa Today – 17 July 2024
Rwanda Election results: Paul Kagame wins Rwanda presidential vote in landslide victory extending his current 24-year rule for an additional five years. Partial results indicate that the incumbent president has won 99% of the vote, with 79% of ballots counted from Monday's election indicating that his status as a national hero still holds sway with
Dell Technologies Develops AI Factory with NVIDIA GPUs to Support Elon Musk's xAI
Michael Dell, CEO and chairman of Dell Technologies, recently announced on X that the company is in the process of developing the Dell AI Factory. This new initiative will leverage NVIDIA GPUs to power Grok, the AI model created by Elon Musk’s company, xAI. Elon Musk has made significant investments in computational resources to advance
MTN Nigeria to Construct West Africa's Largest Data Centre
MTN Nigeria has officially announced the construction of the largest data centre in West Africa, featuring a 1,500-rack capacity and Tier 4 infrastructure within the country. The News Agency of Nigeria reports that a Tier 4 data centre is designed to be completely fault-tolerant, offering redundancy for every component and an expected uptime of 99.995%.
Vox Launches Uncapped Fixed-5G Packages with Speeds up to 300Mbps
Internet service provider Vox has recently introduced two uncapped fixed-5G packages, offering speeds of up to 300Mbps. These new packages complement Vox’s existing range of broadband products, which include fibre-to-the-home, fixed-LTE, and satellite broadband. Chris Boshoff, Vox’s senior product manager, highlighted that the new offerings are designed to be competitive in both pricing and service
Kenya to Cut 2024-25 Spending and Widen Fiscal Deficit Amid Protests and Economic Challenges
Kenya has announced plans to reduce its 2024-25 spending by 1.9% and widen its fiscal deficit to 3.6% of GDP. This decision follows the rollback of recent tax hikes in response to widespread protests. Facing demands for his resignation and calls for reforms, President William Ruto has taken decisive action by dismissing nearly his entire
Trend Micro Renders Legacy NDR Obsolete
Trend Micro Incorporated, the global cybersecurity leader, has announced its latest breakthrough in network detection and response (NDR) technology: Inline NDR. The cutting-edge technology is available via the Trend Vision One™ platform, where it improves detection and response across all security functions rather than operating as an isolated solution. NDR tools are commonly deployed in
Business Rescue Practitioners Take Control of AutoZone, Seek Potential Buyers
Business rescue practitioners (BRPs) have initiated a comprehensive plan to save AutoZone, assuming effective control of the company while exploring potential buyers. This strategic move was unveiled in a presentation by Piers Marsden and Jenna Osborne, the designated BRPs for AutoZone. The presentation outlined their efforts to stabilize the business and provided insights into the
Experience Studio-Level Portraiture with the HONOR 200 Series
Global technology brand HONOR has made remarkable progress in South Africa in recent years. Focused on innovation within the local smartphone market, the brand’s dedication has been rewarded with substantial results. Consumer, operator, and retail partner trust has driven over 600% sales growth by the end of 2023, establishing HONOR as the fastest-growing smartphone brand