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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
Momentum Financial Advisor Value Proposition a Winner
In a rapidly changing financial environment today, it is critical for Financial advisors to ensure that they understand what that future will look like, and how they can ensure that their business remains relevant to their clients going forward. Danie van den Berg Head of Acquisitions provides an interesting perspective on what the current challenges
Russia Prepares for BRICS Summit Amid Growing Interest from New Members
Russian Deputy Foreign Minister Sergei Ryabkov held a briefing on Thursday to discuss the upcoming BRICS summit, which will take place in Russia later this month. Ryabkov announced that 30 delegations have confirmed their participation, with potential new members, including Turkey, whose application to join BRICS was submitted in September, set to be discussed. The
Top-3 SME Cloud Service Offerings
As modern business set-ups are increasingly being built around digitisation of services and around automation, Cloud services have not only replaced physical storage units and storage media for securely storing and sharing company data and files between co-workers, clients, and business partners, it has become an essential tool driving greater efficiencies and better data analysis.
Toyota SA CEO Warns of Deindustrialisation, Calls for Urgent Government Action
Toyota South Africa’s CEO, Andrew Kirby, has raised concerns that the country is on the brink of deindustrialisation and stressed the need for immediate government intervention. Kirby made these remarks during a breakfast seminar hosted by the National Association of Automotive Component and Allied Manufacturers (NAACAM), where the future of South Africa's automotive industry was
Chpter Secures $1.2 Million Pre-Seed Funding to Boost AI-Driven Social Commerce Across Africa
Chpter, a Kenyan tech start-up specializing in AI-powered conversational commerce, has raised US$1.2 million in pre-seed funding to expand its innovative platform and scale its operations across Africa. The platform, which helps businesses enhance their sales through social media channels like WhatsApp and Instagram, aims to revolutionize the way companies engage with customers and drive
Curnance Unleashes the Power of AI with Microsoft Azure to Transform Fintech Experience
Curnance is thrilled to announce the integration of cutting-edge AI technologies, powered by Microsoft Azure, to revolutionize the user experience on its fintech platform. Our commitment to innovation has led to significant advancements in critical areas such as KYC verification, fraud detection, and loan risk assessment, creating unparalleled benefits for our users and driving business
Unlocking an AI-driven, hyperconnected future at SATNAC 2024
The Southern Africa Telecommunication Networks and Applications Conference (SATNAC) returns to the African stage, with a deep dive into the transformative power of AI. Hosted by Telkom, SATNAC 2024 will take place from 6 – 9 October in the heart of the Kruger National Park at the Skukuza Rest Camp. This year's theme, "The AI-Driven Hyperconnected Future:
The pivotal role of network security for SMBs in today's digital landscape
In the modern digital era, network security has become a critical concern for businesses worldwide. With the increasing prevalence and sophistication of cyber threats, organisations must prioritise robust network security measures to protect their valuable data and maintain trust. Network security in South Africa In South Africa, there is a strong recognition of the importance
How engineering is shaping emerging South African residential trends
The 2024 South African Housing Market Report reveals that the country’s residential property market comprised 6.91 million properties, valued at R6.789 trillion, at the end of 2023. As the country evolves in the face of global challenges and technological advancements, the residential property sector is experiencing significant transformations. From sustainability initiatives to smart home technologies,
Breaking News today – Monday 7 October 2024
Business & Tech News Oil Prices Correct in Early Trade: After an 18-month record rise in Brent last week, where the price of Brent Crude rose by 8%, this morning’s early oil trade in Asia saw a correction in Oil prices. The correction was driven predominantly by concerns of oversupply counter-balanced the concerns of a
Revving Up Results: How Digital Marketing Is Driving Success in the Automotive Industry
Digital marketing plays a crucial role in enhancing brand visibility, customer engagement, and sales within South Africa's dynamic automotive industry. As consumer behaviours and technologies evolve, automotive brands must adapt to remain competitive. By embracing innovative digital strategies, companies are revolutionising traditional approaches and achieving notable success in brand visibility, customer engagement, and sales—demonstrating the
South African Aerospace Launch Facility Takes-off
The University of Kwazulu Natal (UKZN) reached a new milestone in the development of the South African space industry, with the Aerospace Systems Research Institute (ASRI) engineers Commissioning a new, state-of-the-art, suborbital sounding rocket launch facility at the Denel Overberg Test Range (OTR) in the Western Cape. ASRI is located within the University of KwaZulu-Natal’s
Earth Space Wi-Fi and Fibre Connectivity in One
Chief Technical Officer of the Paratus Group, Rolf Mendelsohn, announced that the Telco Tech company is now providing Low Earth Orbit (LEO) satellite connectivity solutions to clients in South Africa, Botswana, Mozambique, and Zambia. He was addressing the Atlantic Convergence conference in Lisbon this week. Through its partnership agreements with global low earth orbit (LEO) satellite
Breaking News today – Friday 4 October 2024
Business & Tech News Egyptian Wheat Win: Egypt is one of the world's largest importers of wheat and subsidises the cost to allow for the production of low priced bread, a society benefit available to tens of millions of people in the country. Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), has
Singularity Summit 2024 Gears Up with Bold Plans
The Singularity South Africa Summit that returns in physical form on Monday 21 and Tuesday 22 October 2024 at the Sandton Convention Centre in Johannesburg, in collaboration with Old Mutual, is just three weeks away. Today, the bold plans for the summit were revealed, including over 50 prolific speakers, robotic displays, interactive experiences, many of
SEACOM South Africa partners with Arctic Wolf to enhance cybersecurity offerings
SEACOM, a leading provider of connectivity solutions in Africa, has solidified its commitment to cybersecurity by partnering with Arctic Wolf®. This strategic partnership aims to equip SEACOM clients with advanced security operations solutions to combat the growing threat of cyberthreats in today's digital landscape. Cyberattacks threaten companies of every size, and organisations are increasingly seeing
Experian Innovation Summit Addresses Ai Growth
Experian, the global data and technology company held its Innovation summit, themed Unleash Your Potential and sought to address the critical demands of digital transformation, cost optimisation and Cloud adoption in the financial services industry. In a session earlier today, the ever increasing adoption of Ai technology was addressed via a panel discussion that included
Kaspersky reports increase in ransomware and spyware attacks on industrial systems
Kaspersky’s report on the cybersecurity landscape for industrial control systems (ICS) in the second quarter of 2024, revealed a 20% increase in ransomware attacks compared to the previous quarter. The report underscores a growing threat to critical infrastructure sectors worldwide, with ransomware and spyware posing the most significant risks. Kaspersky Security Network statistics show that 23.5%
Anchor becomes the latest stockbroker trading on A2X
Anchor Stockbrokers (Anchor) have commenced trading on A2X Markets joining eleven other brokers who are connected and trading on A2X. Anchor can now transact across markets for the 173 companies and exchange traded funds listed on A2X. Anchor Stockbrokers is a niche focused stockbroker providing equity brokerage services and research into sectors in which it has