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Data Science as a Service (DSaaS) drives informed decision-making
In today’s rapidly evolving digital landscape, data has become the cornerstone of innovation and competitive advantage for businesses across nearly all industries. So much so that insights suggest that data-driven organisations are 23 times more likely to acquire clients, six times more likely to retain clients, and 19 times more likely to be profitable as
Easter weekend travel tips
With Easter weekend ahead of us, there has been a lot happening on the road over the years. 225 people died in 185 fatal road accidents over the four-day Easter weekend in 2023 – an increase of nearly 40% from the weekend’s death toll in 2022. As we head for the hills (or the bush or beach)
Africa Energy Indaba highlights opportunities and challenges
It has become evident that access to reliable electricity is a huge and immediate concern in South Africa currently, but one that cannot be addressed without bearing in mind the imperative for sustainable energy into the future. This conundrum was at the heart of presentations and deliberations during the three-day Africa Energy Indaba that took
EOH profits sink as CEO Stephen van Coller resigns
EOH Holdings has unveiled its latest financial results under the leadership of outgoing CEO Stephen van Coller, indicating a challenging landscape for the business. In the six months ending on January 31, 2024, EOH reported a headline loss per share of 11c, showing a slight improvement compared to the 17c loss reported a year earlier.
Four tips to avoid online ticket fraud
There is no doubt that South Africans are excited to head back to stadiums to watch sport and to watch their favourite musicians. This can be seen in the almost immediate sell out of the Springboks versus Ireland test matches and the return of a number of international music acts like James Blunt, Take That,
The biggest threats to OT security will surprise you
With the growth in digital transformation of businesses, there has been an increase in tools and tech solutions that allow for greater connectivity. From cloud and artificial intelligence to operational technology (OT) and Internet of Things (IoT), businesses are more connected than ever before. And while these tech advancements have created more efficiencies, increased productivity
Verto Pay Launches to Simplify Online Business Payments for Nigerian SMEs
Today represents a noteworthy achievement for small and medium-sized enterprises (SMEs) in Nigeria as Verto, a global fintech leader, introduces its newest innovation: Verto Pay. It has been revealed to Business Tech Africa that this state-of-the-art mobile app aims to transform how Nigerian SMEs handle their financial transactions, enhancing accessibility to cross-border commerce while reducing
Six things you should know about South African e-shoppers
South Africa's e-commerce industry is experiencing rapid growth, with projected local revenue expected to reach $7.9 billion by 2027. In this dynamic business environment, it's crucial for companies to establish a robust digital presence and capitalize on the burgeoning online market. To succeed in the changing landscape of South African consumers, businesses must grasp the
Octotel and RSAweb gain new shareholders as Actis exits investment
A group led by African Infrastructure Investment Managers (AIIM), one of Africa’s major infrastructure-focused private equity fund managers under Old Mutual Alternative Investments, along with STOA, a prominent impact fund in infrastructure and energy for developing and emerging markets, and Thebe Investment Corporation, has announced the signing of an agreement to purchase Octotel, a prominent
Fluss is launching the next wave of IoT solutions
Fluss, known for its widely-used access control device and cloud-based service, is excited to introduce its latest IoT innovation: Fluss+. Building on the success of its predecessor, which facilitated access to homes, businesses, gyms, estates, and complexes millions of times over the past year, Fluss+ retains all the convenience and features users love. With Fluss+,
South African consumers feel the big squeeze
According to NIQ, 44% of South African consumers feel they are in a worse financial position this year compared to a year ago. Of those respondents, 82% say that increased costs of living are to blame for their recent financial struggles, up from 76% a year ago. Nearly two-thirds (62%) state they are worse off
Biometrics important for more secure and efficient ATMs in retail environments
Biometrics-enabled ATMs are poised to significantly improve retail security and financial accessibility in South Africa, according to Patience Rolls, Executive Head of Cash & ATMs at EasyPay Cash, a division of Cash Connect under Lesaka Technologies Inc. Rolls highlights the crucial role of ATMs in retail environments, providing convenience and efficiency for both customers and
Loyalty and rewards provider Randgo grows executive team
Randgo, a company specializing in customized customer, incentive, and employee rewards, has announced two key appointments to its C-suite as part of its strategy to enhance its position as a leading rewards provider in South Africa. Kinola Pather has been appointed as CEO, while Juandri Kotze has assumed the role of COO. Additionally, Yas Mahomed
Florida gets rid of social media for kids under 14
Florida Governor Ron DeSantis has signed into law a bill aimed at restricting minors' access to social media platforms, citing concerns over their potential harm to children's well-being. The legislation, known as House Bill 3, prohibits minors under the age of 14 from having social media accounts altogether. For teenagers aged 14 and 15, parental
Match makes significant changes to its board of directors
Match Group, the parent company of Tinder, has made significant changes to its board of directors and entered an agreement with Elliott Management, an activist investor firm, in a bid to revitalize its performance. Laura Jones, who is the chief marketing officer at Instacart, and Spencer Rascoff, co-founder of Zillow, have been appointed to Match
New York Stock Exchange Suspends Trading of Fisker Shares
The New York Stock Exchange (NYSE) announced on Monday its decision to suspend trading of shares belonging to electric vehicle (EV) startup Fisker and is taking steps to remove the company from its stock exchange. The exchange cited Fisker's stock price, which has dropped to "abnormally low" levels, as the reason for its decision. This
Profluent: From Salesforce's ProGen to the Future of Protein Design
In an ambitious leap from its origins at Salesforce's ProGen project, which aimed to design proteins using generative AI, Profluent emerges as a groundbreaking venture poised to revolutionize drug development. The brainchild of Ali Madani, a former researcher at Salesforce, Profluent seeks to translate protein-generating technology from the lab to pharmaceutical companies. Madani envisions a
Nigeria Charges Binance with Tax Evasion, Seeks International Arrest
Nigeria has taken legal action against cryptocurrency platform Binance, alleging tax evasion and seeking an international arrest warrant for the company’s regional manager for Africa, who fled custody last week, officials confirmed on Monday. The manager, Nadeem Anjarwalla, a British-Kenyan national, was detained as part of an ongoing investigation into Binance’s operations in Nigeria. Following
Former Paystack Managers Launch GoLemon, An African Grocery Delivery Service
Four former senior managers from Paystack, a prominent African payment company, have joined forces to venture into the continent’s growing grocery delivery sector. Yinka Adewuyi, Gbadegbo Gbade-Oyelakin, Abdulrahman Jogbojogbo, and Abiola Showemimo, who all spent significant time at Paystack, are launching GoLemon, a startup focused on delivering groceries and household items across major African cities.
AUTO24 Rwanda Introduces Tesla Model Y
AUTO24 Rwanda, a well-known local car dealership, has taken a significant step by making Tesla vehicles available in Rwanda. This decision follows a campaign initiated by the dealership in late 2023, encouraging customers to transition from traditional gasoline-powered vehicles to new electric ones, thereby promoting electric mobility. The official unveiling of the first two Tesla