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The Balance Between AI Innovation and Oversight
Artificial Intelligence (AI) has become accessible and user-friendly, accelerating global development. However, rapid advances raise complex issues, from ethics to cybersecurity and governance; and many sectors are struggling to keep pace with the challenges posed by AI. The legal sector is no exception. Africa’s first interdisciplinary AI and law conference, led by CMS, sought to
HUAWEI – Leading Global Wearable Device Market
The latest IDC’s Global Wearable Device Market Quarterly Tracking Report shows that despite a global decline in wrist-worn device shipments in 2024, the Chinese market maintained an impressive year-on-year growth rate of 20.1%, driving global expansion. Huawei stood out with a notable year-on-year increase of 44.3% in global shipments, clinching the top position with a
Microsoft announces plans to leverage AI to fast-track growth of start-ups in Africa
Microsoft, through the company’s Africa Transformation Office (ATO), has recently unveiled an initiative that it says, will accelerate advancements in artificial intelligence (AI) and foster collaboration between startups and industry leaders. The initiative will also mark the launch of Microsoft’s strategic collaboration with NVIDIA, aimed at accelerating AI startup development in Africa. The announcement was
TCL REINFORCES ITS LEADERSHIP IN AIR CONDITIONING WITH CUTTING-EDGE INNOVATIONS AT AN EXCLUSIVE EVENT IN WUHAN
The event spotlighted TCL’s groundbreaking air conditioning innovations, advanced manufacturing capabilities at TCL’s Intelligent Manufacturing Centre, and tailored solutions for the MEA region. Johannesburg, South Africa – 12 December 2024 – TCL Electronics, a global leader in consumer technology and the world’s top two TV brand, successfully hosted its first ever exclusive industry gathering in Wuhan,
South African Young Scientists Excel at Türkiye Science Fair
Wednesday, 4 December 2024: Two South African learners from Eskom Expo for Young Scientist International Science Fair were awarded medals after successfully showcasing their research projects at this year’s İzmir International Innovation Science Energy Engineering Fair (IISEEF) in Türkiye. Wound Healing Solution a Winner Thiedu Du Preez, 17, from Vredenburg High School on the West
AI and the Creative Economy: Shaping the Future of Work and Innovation
By Prof. Amit Kumar Mishra, Professor at the Engineering and Built Environment Faculty, and partner to the Hasso Plattner d-school Afrika at UCT South Africa's recent 1.4% decrease in the unemployment rate has offered a glimmer of hope, yet the country continues to grapple with persistently low employment levels. This challenge is particularly pressing as
Kazang introduces EasyPay Vouchers as a solution for top-ups and purchases
Kazang, the prepaid value-added services (VAS) and card acquiring business within JSE-listed fintech Lesaka Technologies, has introduced EasyPay Voucher to make it safe and easy for cash-based South Africans to take their money online. EasyPay Voucher is a generic voucher that consumers can spend with a range of gaming, communication, and entertainment providers. Already used
PART 2: How businesses can proactively combat the scourge of the construction mafia
This is Part 2 – If you missed Part 1 you can read it here: https://www.businesstechafrica.co.za/business/2024/11/20/how-businesses-can-proactivity-combat-the-scourge-of-the-construction-mafia/ By Lionel van Tonder, Director, Inge Swanepoel, Consultant, Martin Versfeld, Partner, and Tyron Theessen, Partner at Webber Wentzel Part 1 Recap In part 1 of this article, we provided a background to the Preferential Procurement Policy Framework Act (PPPFA)
PART 1: How businesses can proactivity combat the scourge of the construction mafia
Article By: Lionel van Tonder, Director, Inge Swanepoel, Consultant, Martin Versfeld, Partner, and Tyron Theessen, Partner, Webber Wentzel In 2023, we published an article titled Construction Mafia – Remedies and Prevention in which we sought to unpack what the “construction mafia” actually is and we observed that the term is a mischaracterisation of its nebulous
Harnessing AI to Enhance Value Creation
Finance and accounting professionals can play a crucial role championing the adoption of AI across their organisations By Andrew Harding FCMA, CGMA, Chief Executive – Management Accounting at AICPA & CIMA, together as the Association of International Certified Professional Accountants When it comes to integrating artificial intelligence (AI) tools in business, almost every profession and
Mozilla Festival House Zambia: Shaping a Future of Trustworthy AI in Africa
Mozilla Festival House is opening its doors in Zambia on November 20 to 21, at Lusaka International Convention Center. The event explores the power of AI, data, building community-centered tech alternatives, social justice in tech. This gathering will see a collection of technologists, artists, activists, funders, policymakers, and researchers, under the theme of "Collective Action
AIIM Successfully Exits South African toll-road Asset
African Infrastructure Investment Managers (AIIM), a subsidiary of Old Mutual Alternative Investments (OMAI), has completed the sale of its 12.67% indirect stake in the Bakwena Platinum Corridor Concession (BPCC) via its African Infrastructure Investment Fund 2 (AIIF2) yesterday (5 Nov) The transaction transfers the interest to Gaia Fund Managers, a specialist asset manager facilitating institutional
African Tech Innovation of the Year – Awards Announced
Business Tech Africa have launched a new Annual Award program that seeks to acknowledge the superb Tech advances and innovations that they see each year. The initial awards will be announced in November and will be awarded in various categories of Tech innovations, as well as an overall winner also to be announced. The Award
Should all Tokens be Equal in the Crypto Market?
Article written by Lerato Lamola, Partner at Webber Wentzel Regulations in South Africa Around Crypto Need Finalisation As of June 2024, the Financial Sector Conduct Authority (FSCA) has issued 138 crypto asset service provider (CASP) licences. With the rolling out of licences, the discussion around the crypto industry moves from whether crypto assets should be
Are your data privacy systems ready for AI’s next big evolutionary leap?
Insights in this article provided by: By Zaakir Mohamed (Director, Head of Corporate Investigations and Forensics, CMS South Africa), Mawande Ntontela (Senior Associate, Corporate Investigations and Forensics, CMS South Africa), and Ayanda Luthuli (Candidate Attorney, CMS South Africa) Since the turn of the millennium, 24 years ago, technology has accelerated at an unprecedented pace. In
TCL ELECTRONICS WINS PRESTIGIOUS MIDDLE EAST INTERNATIONAL BUSINESS AWARD 2024 FOR THE REVOLUTIONARY 115” X955 MAX TV
10 October, Johannesburg, South Africa, TCL Electronics, a global leader in consumer electronics, has proudly secured the coveted Middle East International Business Award 2024 in the Television category for its trailblazing TCL 115” X955 Max, the world’s largest QD-Mini LED TV. This recognition underscores TCL’s relentless pursuit of innovation, pushing the limits of display technology
Tech Meets Style – HUAWEI WATCH GT 5 Series
The tech world is alive with excitement this month, but amidst the flurry of new product releases, one brand is redefining the game. At the recent HUAWEI Innovative Product Launch held in Barcelona, Johannesburg and Cape Town, it wasn’t just about cutting-edge technology, it was about making a statement. Enter the HUAWEI WATCH GT 5
ALX Unveils Groundbreaking Pathway Programme
[Johannesburg, 9 October 2024] – ALX, a foundation part of the ALX Group rooted in charitable initiatives, announces the Pathway Programme—a groundbreaking initiative developed to empower recent high school graduates with the skills, opportunities, and qualifications to pursue world-class higher education and launch successful careers. With a bold mission to equip millions of youths with
Experience Call of Duty Like Never Before with TCL's Advanced Technology
8 October 2024, Johannesburg, South Africa – TCL, a global leader in consumer electronics and the world's top 2 TV brand and official TV of Call of Duty, is transforming the gaming landscape with its advanced technology, offering an unparalleled experience for Call of Duty enthusiasts. With the release of its latest QLED TV lineup,
PayShap Addition to Rapid Payment Platform
The ability to make quicker, easier, cheaper and safer payments is key to making businesses agile in a rapidly evolving world. While innovation is key, the solution must be practical and meet business needs. This is why Standard Bank South Africa expanded its Rapid Payment Platform (RPP) to enable PayShap for Corporates. This solution allows