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IIASA Public Sector Forum event to tackle the state of uncertainty in the country
Key highlights of Upcoming Public Sector Forum: Achieving great audit outcomes regardless of the constant changing conditions within the public sector. In any country, the role of the state is to provide goods and services that are for the benefit of the population. However, for many countries including South Africa there is still more work
BLSA Defends Contribution to R50m Eskom Corruption Probe
Business Leadership South Africa (BLSA) recently defended its decision to provide funding for an R50 million risk assessment probe into Eskom, South Africa's state-owned power utility. After former Eskom CEO André de Ruyter approached the organisation in 2021 to assist with the investigation of corruption at Eskom, BLSA contributed R18 million to the probe. The
Eastern Cape to Get New Internet Exchange Point Based in Gqeberha
INX-ZA introduces the launch of a new internet exchange point (IXP) in the Eastern Cape, Nelson Mandela Bay (NMBINX), making it the fourth internet exchange point in South Africa. The Nelson Mandela Bay internet exchange point is located in Gqeberha at Dimension Data’s facility in Newton Park. The operation will commence the first week of
Smart tips to help you make ends meet
South Africa’s cost of living has increased significantly over the years. The pressure on consumers is immense, with the interest rate rising to levels last seen more than a decade ago and inflation also pushing up food prices. “As a result, some consumers may struggle to make ends meet, especially when one considers that Stats
Visa and African Women Impact Fund Initiative (AWIF) announce recipients of funding to empower African women entrepreneurs
Three women fund managers from Nigeria, Kenya and South Africa have been selected to receive Visa’s grant funding from the African Women Impact Fund Initiative (AWIF), a collaboration between Standard Bank and the United Nations Economic Commission for Africa (UNECA). SME.NG (Nigeria), Altree Capital (Kenya) and Maia Capital (South Africa) are the selected recipients and will
Have you created an app and wondered how you retain users? Create a personalised rewards program today
Did you know? You can optimise the time users spend on downloading and using mobile apps. Various app stores, such as AppGallery, offer a rewards program that enables users to earn points while enjoying the user experience of their favourite apps. As a business, big or small, rewards programs have become a great customer retention
Sign Language To Become South Africa’s 12th Official Language
Sign African Sign Language is now part of South Africa’s official language, the SASL has been given a thumbs up to become an official language in SA by the National Assembly after approving the report of the portfolio committee on justice and constitutional development. The bill still needs to be officially sent to President Cyril
The South African Reserve Bank unveils its new banknotes and coins
The South African Reserve Bank has officially introduced upgraded banknotes and coins as of today to move in time with the advancing technology. The banknotes and coins have enhanced security features and a new look and feel which celebrate South Africa’s heritage. With those who are partially sighted, the colours of the new bank notes
Meta discovers the rise of malware scams
Wednesday, Meta (formerly the Facebook company) shared it had uncovered malware scams relating to ChatGPT in April 2023. According to Social Media giant company, scammers use ChatGPT to attract users into downloading malicious apps and browser extensions. Meta said the malware scam cases are similar to the ones of cryptocurrency scams. In a report shared on
Tough trade talks ahead as Brazil plans for bird flu threat
Brazil, the world’s largest chicken exporter and the source of most of South Africa’s chicken imports, is trying to avoid being cut off, if and when bird flu breaks out in that country. Brazil is ringed by countries where bird flu has spread and, as the virus is carried by wild birds, it may be
Load-Shedding still a great threat with mitigation costs
Absa Purchase Managers’ Index (PMI) rose to 94.8 index points in April 2023 from 48.1 in March. Even with the sharp rise in the purchase price index, load-shedding still possess as a threat with mitigation costs, such as powering diesel generators with the energy crisis the sector experienced another tough month at the start of
“I am confident AI will be used by bad actors, and yes it will cause real damage”- Microsoft Chief Economist
Artificial intelligence (AI) has elicited a range of reactions including one from Microsoft's chief economist, Michael Schwarz. Schwarz said during a World Economic Forum panel in Geneva on “I am confident AI will be used by bad actors, and yes it will cause real damage,” he continued, “It can do a lot damage in the hands of
Platinum Prices Surge as Supply Shortages Loom
Platinum prices have risen as investors anticipate supply shortages due to power outages at South African mines and increased demand from the automotive and hydrogen industries. Prices rose from just above $900 per ounce in late February to a high of $1,132.17 on April 21, the highest in more than a year, before easing to
MTN Nigeria Adds 1.1 Million Cell Phone Users In Q12023
MTN Group one of the largest leading telecom operators in Nigeria said they added 1.1 million new subscribers in the first quarter with their user base climbing to 76.7 million Nigerians. This 1.1 million increase represents a 1.4% growth in its customers compared to the previous quarter. Thursday MTN Nigeria release its first quarter results.
META wins back Wall Street Investors With AI Promises
Meta shares are making a comeback in what Zuckerberg believes is the “year of efficiency” after their shares went up by 14% after the company turned its focus on Artificial Intelligence and cost-cutting Thursday. The company showed some resilience to the weak spending environment and provided a great evaluation as it nearly doubles in value
MTI CEO ordered to pay R62 billion in fraud case
A federal judge in Texas has ordered the South African firm CEO to pay $3.4 billion( R62.5 billion) for what the U.S. Commodity regulator said was its largest-ever fraud case involving Bitcoin. In a statement by the regulator, The U.S. judge ordered Cornelius Johannes Steynberg to pay $1.7 billion to pay back the victims who
Are you up for an R9 flight? FlySafair has you covered with the launch of the massive R9 flight price
The local airline FlySafair has their travellers’ back as they bring back the R9 flight price which includes airport taxes. This year's theme has been dubbed “The Lucky R9 Sale”. The airline is offering 50,000 tickets to their lucky customers. The sale will be taking place next week and the airline is yet to announce
The Future of Tech: Insights from Sentech Africa Tech Week 2023
The conference will offer over 20 hours of opportunities to network. Delegates who can’t attend in-person are also able to attend virtually at R350 per ticket. The tech start-up scene in Africa is doing big things to solve local challenges. The work of African startups along with the glory they’ve received, will invite conversation around
Industry Leaders and Experts to Speak at Sentech Africa Tech Week Conference 2023: Insights and Collaborations on Digital Transformation in Africa
The Sentech Africa Tech Week Conference 2-5 May 2023 is set to be one of the most significant tech events of the year, bringing together leading figures from across industry, policy, and academia to share insights and collaborate on the latest trends and innovations in technology. Among the impressive lineup of speakers are some of
Unleashing Africa's Tech Giants: Sentech Africa Tech Week Conference 2023
The Sentech Africa Tech Week Conference 2023 is set to be one of the most highly anticipated tech events in Africa, showcasing the continent's untapped potential in the tech industry. The conference will take place from May 2-5, 2023, at the Century City Conference Centre in Cape Town, South Africa. This year's theme is "Unleashing