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Lula appoints Buhle Goslar as new Chairperson of the Board
Lula, a local leader in digital finance solutions for small and medium enterprises (SMEs), has announced the appointment of Buhle Goslar as the new Chairperson of its Board. Goslar brings extensive experience in the emerging market fintech space, most recently as CEO of Jumo Africa. She joins Lula at a pivotal moment as the company
How To Ensure Your Service Level Agreements Perform To Expectation
There's a classic joke about a hot-air balloon pilot who gets lost and lands in a field to figure out their location. Spotting someone nearby, they inquire about their whereabouts. "You're in a field," responds the onlooker. "You must be an accountant," quips the pilot. "What you've told me is entirely accurate yet utterly unhelpful!"
Aligning SMEs to Big Customer Needs
The eThekwini Furniture Cluster (EFC) is excited to announce the launch of its Customer Compass Programme, aimed at empowering small and medium-sized enterprises (SMEs) within the local furniture sector. This initiative seeks to align its offering with what big customers are looking for, to drive innovation, foster inclusive growth, and facilitate transformative change within the
South Africans prefer doing forex online but banks don’t make it easy
Unless you possess an unusual affinity for waiting in lines, it's likely you favor handling many day-to-day tasks falling under the "life admin" umbrella online. Whether it's grocery shopping, renewing your car license, or settling your rates bill, the majority of us opt for the convenience of accomplishing these tasks from the comfort of our
The Long-Awaited HONOR Magic Series is Now Available in SA
HONOR, renowned for its innovation in smart devices and setting new industry standards, is excited to introduce the Magic Series to South Africa. The Magic Series features the highly acclaimed flagship devices, including the HONOR Magic V2, recognized as the thinnest and lightest inward foldable smartphone currently available. Alongside it is the Magic6 Pro, celebrated
Moving SA point-of-sale into a smarter future
The digitalisation of the modern world economy is being driven rapidly by a shift from traditional payment methods. Fatima Khota, Business Unit Manager in Rectron’s Point-of-Sale (POS) Division looks at how retailers in the formal and informal sector are adopting smart innovations to better serve customers anywhere in the world, in-store or on the streets. According to recent
Anthropic researchers uncover a novel method to coax a large language model (LLM)
Researchers at Anthropic have uncovered a novel method to coax a large language model (LLM) into providing answers to questions it's not meant to answer. Dubbed "many-shot jailbreaking," this approach involves priming the LLM with numerous harmless queries before posing a sensitive question, such as how to construct a bomb. The vulnerability arises from the
Thrive Market co-founder, talks about the journey of building a billion-dollar grocery company
Thrive Market, the billion-dollar e-commerce powerful force that revolutionized online grocery delivery, continues to soar. Founded in 2014, long before the pandemic normalized the concept of buying food online, Thrive Market's foresight and adaptability have positioned it as a standout player in the industry. Co-founder Nick Green recently shared insights into the company's journey and
Open source foundations collaborate for EU’s Cyber Resilience Act
Seven prominent open source foundations have announced their collaboration to establish common specifications and standards in preparation for Europe's Cyber Resilience Act (CRA), recently adopted by the European Parliament. This move aims to align existing security best practices in open source software development and ensure readiness for the new legislation, which is set to take
AWS showcases new service for cloud-based rendering projects
Amazon has rolled out a new service called Deadline Cloud, aimed at enabling customers to establish, deploy, and scale graphics and visual effects rendering pipelines on AWS cloud infrastructure. Timed for the upcoming National Association of Broadcasters conference in Las Vegas, the service targets the media and entertainment industry. According to Antony Passemard, AWS General
Telegram reveals business features and revenue-sharing
Telegram, in a bid to compete with messaging app rivals WhatsApp and Messenger, has rolled out new business functionality and revenue-sharing features. Available to all premium users, these features include opening hours, locations, chatbot support, and automated messages. What's noteworthy is that users no longer require coding skills to utilize these features, making them accessible
Amazon discontinues cashierless grocery checkouts
Amazon.com Inc. is discontinuing its cashierless Just Walk Out system from grocery stores, marking a step back from its ambitious technology aimed at enabling shoppers to skip the checkout line. The decision to remove the system comes as Amazon remodels existing Fresh grocery stores and plans to exclude it from new locations set to open
Intel facing significant losses in its chip-making business
Intel Corp. has disclosed concerning details about its manufacturing operations, revealing that losses have deepened at its chipmaker's factory network and suggesting that the business may not achieve a break-even point for several years. The company's new division, Intel Foundry, responsible for manufacturing, reported sales of $18.9 billion in 2023, a significant decline from $27.5
Report Criticizes Microsoft's Handling of Chinese-State Cyber Intrusion
A recent report released by a government cyber review board has shed light on a Chinese-state intrusion of Microsoft Corp. technology in the previous year, which enabled hackers to gather US officials' emails. The report, issued on Tuesday by the Cyber Safety Review Board, a White House-mandated group tasked with examining significant cyberattacks, stated that
Google Introduces AI-Powered Tool for Streamlining Search Ad Campaigns
Google has unveiled a ground-breaking AI-powered tool designed to streamline the process of creating impactful Google Search campaigns for businesses. Leveraging AI-generated suggestions and guidance, this innovative tool aims to make the campaign creation process faster and more efficient than ever before. Businesses across Africa and around the globe now have access to Google's Gemini
Mastercard Teams Up with Mono Technologies Nigeria
Mastercard has joined forces with Mono Technologies Nigeria Limited to introduce cutting-edge account-to-account (A2A) payments and a comprehensive suite of open banking products, leveraging the advanced capabilities of Mastercard Gateway. This strategic collaboration will harness Mono's expertise in open banking alongside Mastercard Gateway's state-of-the-art payment technology to deliver a secure and seamless A2A payment solution
Xiaomi's Electric Vehicle Debut Sparks Surge in Hong Kong Trading
Xiaomi Corp. witnessed a remarkable surge in its stock price on the Hong Kong market, buoyed by robust orders for its inaugural electric vehicle (EV) launch, signalling optimism for the smartphone giant's venture into China's fiercely competitive automotive landscape. On the first day of trading following the commencement of sales for its cars, Xiaomi shares
Facebook News tab will soon be unavailable
Meta, the parent company of Facebook, has announced the impending sunset of Facebook News in early April for users in the United States and Australia, marking a further shift away from prioritizing news and political content on the platform. This decision follows the closure of the feature in the United Kingdom, France, and Germany last
Ivory Coast Set to Raise Official Cocoa Farmgate Price
Ivory Coast, the world's leading cocoa exporter, is poised to implement a significant increase in the official cocoa farmgate price, raising it to 1,500 CFA francs ($2.47) per kilogram starting Tuesday, up from the current rate of 1,000 CFA. The decision comes after a series of deliberations, with President Allassane Ouattara initially endorsing a proposal
BasiGo Secures $3 Million Investment for Expansion
Kenyan e-mobility startup, BasiGo, has announced a significant milestone with the successful closure of a $3 million equity funding round. Spearheaded by the CFAO Group and bolstered by support from Mobility54, a collaboration between Toyota and CFAO, this latest investment underscores the growing interest in sustainable transportation solutions across the region. This funding comes on