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Vodacom Group launches initiative to upskill 1million young people across Africa
Vodacom Group has partnered with technology providers to provide young people on the continent with access to digital skills as part of its commitment to driving digital literacy for Africa’s next generation. Together with AWS, Microsoft, Skillsoft and other collaborating organisations Vodacom aims to bridge the digital skills gap across eight African countries and upskill
Black Friday 2024 – Boost or Bust for the South African Economy?
How it all started The term "Black Friday" originated in the 1950s when Philadelphia police used the term to describe the chaos that often occurred in the city the day after Thanksgiving. Newspapers in Philadelphia began using the term in the 1970s to describe the start of holiday shopping. In the 1980s, companies began to use the
New IT Risk standard comes into force for SA Financial Sector
A hallmark of this era of rapid technological advancement and digitalisation of financial services is the ever-increasing reliance on third-party software suppliers. It’s a complex dependency that has expanded the threat landscape of South African banks, asset managers and insurers. In response, the country’s Financial Sector Conduct Authority and the Prudential Authority have now brought
Standard Bank to Expand Local Currency Lending in Africa
Johannesburg, South Africa, 25 November 2024 – The Standard Bank Group has signed an agreement with the International Finance Corporation (IFC) to expand local currency lending and accelerate development projects across Africa. Through the agreement, Standard Bank and IFC will collaborate on cross-currency swaps and derivatives, as well as benefit from each other’s market expertise
Sustainable Energy for All and IBM Launch New AI Solutions for Energy and Urban Development
At the 29th United Nations Climate Change Conference of the Parties (COP29), IBM (NYSE: IBM) and Sustainable Energy for All (SEforALL) announce new, publicly available artificial intelligence (AI)-powered solutions to inform more sustainable urban development for cities and communities around the world, enabling decision-makers and policymakers to map urbanization and identify energy and infrastructure needs
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)
Breaking News today – Monday 25 November 2024
Business & Tech News COP29 – $300 Billion Climate Deal Denounced: Delegates of developing countries reacted in anger to a proposed agreement on a $300 Billion a year for developing nations adaption to climate change. The proposed deal was tabled by COP29 President, Mukhtar Babayev, who according to reports, gavelled the deal into acceptance before
(SPONSORED): Expand your investment empire with Absa
Whether your portfolio is overflowing with properties or in need of a renovation, we believe in its story. Through the Absa Buy to Let Home Loan, you get a comprehensive suite of tools and assistance to navigate the expansion process. The current property landscape When purchasing property, it’s important to have a grasp of the
Base Five Media Agency – 10 Years of Imagining the Future of Media in SA
“Imagine the future you want, not the millions of futures you don't”. This quote from Jitha Thathachari, entrepreneur and investor with multiple successful start-ups on his resume’ succinctly expresses the attitude of a unique and powerful partnership that launched Imizamo Media 10-years ago. Base Five Media Agency, a trailblazing black female-led marketing agency, is set
Is the Crypto Bubble About to Burst?
Crypto Charge Gains Momentum Yesterday was an historic day for crypto currencies with the bulls released unreservedly, resulting in Bitcoin gaining over 4,5% on the day while Ether gained over 6%. Bitcoins has gained over 175% in the past year period starting at a level of $37 283 on 23 November 2023, while Ether has had
Breaking News today – Friday 22 November 2024
Business & Tech News Interest Rate Cut in South Africa Cautious: The South African Reserve Bank reduced its Key Interest rate by 25 points to 7,75% Yesterday in what was rather a surprising decision, after the Consumer Price Index Inflation for October had dropped to 2,8%, the lowest inflation in four years. The Reserve bank
Reserve Bank Interest Rate Cut Dispels Inflation Base for Interest Rates in South Africa
Interest rate Cut at 0,25% The South African Reserve Bank reduced its Key Interest rate by 25 points to 7,75% Today (21 Nov) in what was rather a surprising decision, after the Consumer Price Index Inflation for October had dropped to 2,8%, the lowest inflation in four years. The stated policy of the reserve bank
Men's Health Matters:
A Question & Answer Session with Alvin Govender on Mental Health, Well-being, and Leadership With November being Men's Health Awareness Month, we shine a spotlight on critical issues such as prostate and testicular cancer. This month-long event focuses on promoting physical and mental well-being among men. Light-hearted events such as growing a manly ‘Movember Moustache’
GirlCode Celebrates a Decade of Empowering Women in Tech with Inspiring Summit
GirlCode, the leading South African organisation focused on empowering women through technology, is thrilled to announce a one-day summit to celebrate a decade of making a difference. The GirlCode Summit will take place on Wednesday, 27 November 2024, from 8:00 AM to 2:00 PM at 22 On Sloane in Bryanston, Sandton. “We are incredibly proud
Rhenus relocates to R440m state-of-the-art facility in Johannesburg
The Rhenus Group, a leading globally-operating logistics service provider, has strengthened its presence in Gauteng by relocating operations to a new facility in Meadowview, Johannesburg. This R440 million investment spans 28,000 square meters, including a 24,500 square-meter warehouse and 3,000 square meters of office space, effectively doubling the company’s operational footprint. Cornell van Rooyen, CEO
Vodacom Partners with Vuma Reach to Deliver High-Speed Connectivity
Youth unemployment in South Africa remains alarmingly high, with rates of 59.7% among those aged 15-24 and 40.7% for those aged 25-34, according to Statistics South Africa’s Quarterly Labour Force Survey. To help address youth unemployment and bridge the digital divide, Vodacom has joined forces with Vuma Reach to introduce fast, reliable prepaid fibre connectivity and job
Checkpoint Software – 2024 Cyber Security Report
Cyber Attacks in Africa are significantly on the increase according to Check Point Technologies latest Cyber Security 2024 Report. The major impact is being felt in the Government and Military sectors in South Africa, Kenya and Morocco while the Financial Institutions in Nigeria are the main target. Nigerian and Kenyan educational organisations are also at
HUAWEI WATCH Ultimate’s New Green Edition and Golf Course Mode Redefine Outdoor Excellence
Driving home its leadership and innovation in smart wearables, HUAWEI has introduced new Advanced Golf Features and an enhanced Expedition mode for its HUAWEI WATCH Ultimate, along with an all-new Green edition. Since its launch last year, the HUAWEI WATCH Ultimate has set a new standard for innovation and versatility, appealing to fearless adventurers. It
MTN unveils even more wins for South Africa with its Black Friday Super Sale deals
Capping off 30 years of MTN celebrations, MTN has unveiled even more wins for South Africans with an array of offers for both new and existing customers this coming Black Friday. From 15 November to 6 December, MTN’s Black Friday Super Sale offers exclusive savings across a wide range of products, including Mobile Internet, MTN
Kaspersky reports almost 4,000 GNSS satellite receivers remain vulnerable in 2024
Kaspersky Global Research & Analysis Team analysed global navigation satellite systems (GNSS) equipment which is used across various industries around the world. At the recent Security Analyst Summit, it was announced that almost 4,000 GNSS satellite receivers were vulnerable to attacks on the Internet in 2024, putting organisations and users at risk. This can be mitigated by