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Time is of the essence – what businesses still need to understand about ransomware attacks
Ransomware has been a focal point in cybersecurity discussions in recent years. Despite its prevalence, a significant number of individuals and organizations lack a comprehensive understanding of the intricate unfolding of these attacks. Contrary to the misconception of instantaneous breaches through a single malicious link leading to an immediate lockdown, ransomware attacks often have a
Sungrow Empowers South African Homes to Rise Above Load Shedding Challenges
In a game-changing move tailored for the unique energy landscape of South Africa, Sungrow introduces smart energy solutions that resonate with the daily experiences of households grappling with load shedding. Real-life stories from South African users highlight the tangible impact of Sungrow's residential solution on overcoming the hurdles of power disruptions. Championing Energy Independence in
The benefits of ERPs inside a blockchain
Enterprise Resource Planning (ERPs) serves as a vital tool for businesses, enabling them to efficiently manage and integrate key components of their operations to enhance overall processes. In contrast, blockchain technology focuses on establishing cryptographic encryption, validating, and disseminating secure and immutable records or data through a digital ledger. In this system, information is collectively
Spar attributes losses to SAP
Spar Group attributes a R1.6-billion loss in turnover and a R720-million profit hit to a troubled SAP implementation in its KwaZulu-Natal region. The project, initiated in October 2022, faced go-live and integration issues, leading to operational disruptions. Spar took corrective actions, including servicing stores from other centers, but only fully resumed KZN operations in August
MTN has launched “Super Data” prepaid bundles
The telecommunications company, MTN South Africa has officially started rolling out three new prepaid bundles with large data allocations at much more affordable price points. The company mentioned that the new price plan for the Super Data is a result of overwhelming customer demand for bigger data bundles. “The Super Data bundle price plans offer
Huawei Building Bridges for Business Growth in the Middle East and Africa Region for Global Partners
The HDC.Together HUAWEI MEA Ecosystem Summit, held in Dubai, showcased a seamless fusion of collaboration and innovation. The first day of the exclusive event was hosted on the 27th of November at the illustrious Dubai Opera, and brought together Huawei Ecosystem partners from China and across the Middle East and Africa. Building bridges for future
‘We can’t afford to wait’ – Shoprite Group invests heavily in fighting climate change
The Shoprite Group has almost doubled the amount of renewable energy used in its operations to 103 234MWh (FY 2022: 54 138 MWh) over the past year. It has achieved this by increasing the amount of renewable energy bought from landlords and other suppliers by 91%. “We have also reduced electricity consumption by 161 million
Amazon now has AI image generator for businesses
Amazon.com Inc. is venturing into the competitive field of generative artificial intelligence, unveiling the Titan Image Generator tool at its re:Invent conference. AWS, the company's cloud services arm, showcased various images of iguanas created by the tool, which is now available in preview. While AWS dominates in computing power and data storage, it faces competition
OpenAI Leadership Changes
OpenAI’s CEO, Sam Altman has revealed that Microsoft will be taking a non-voting, observer position on OpenAI’s board recently. What the observer position means is that Microsoft’s representative can attend OpenAI’s board meetings and access confidential information, but it does not have voting rights on matters including electing or choosing directors. OpenAI recently underwent significant
Naspers' H1 2023 Results
Naspers' interim results for the six months ended 30 September 2023 show a decrease in trading losses and a 35% growth in bottom-line profit, reaching $3.34 billion. The company attributes the positive performance to its classifieds, food delivery, payments, and fintech segments, with consolidated revenue exceeding $3 billion. Notably, gains from the partial disposal of
Coal still has a place in our energy mix
South Africa’s loadshedding crisis continues to underline the importance of a stable electricity supply to keep the economy moving. At least for now, the controversial term “baseload” in this country indicates electricity generation from coal and, to a lesser extent, some nuclear. Peak demand has always been met by our pumped-storage schemes that store and
ADvTECH to roll out cutting edge tech platform to schools in rest of Africa
JSE-listed ADvTECH, Africa’s largest private education provider, has announced the rollout of its custom tech learning platform to its schools in the rest of Africa next year, following its success in South Africa. ADvLEARN, a customised platform developed for ADvTECH, was rolled out across South African schools in January 2023 and provides personalised learning paths
‘View Once’ WhatsApp feature back to desktop
The popular messaging app, WhatsApp has brought back it's “View Once” feature for images and videos on its web and desktop platforms. According to reports from WABetaInfo, the feature gives users the option to send temporary images and videos that disappear after being viewed by the recipient. Initially, the feature was removed by WhatsApp due
Load-shedding Threatens Food Chain in SA
The rotational power cuts by Eskom are proving to be a severe threat to South Africa's food chain, causing significant losses for farmers. The recent heatwave compounded with increased load-shedding stages has created a major challenge for the agriculture sector, with estimates of up to 50% loss in yields reported by farmers. Deidre Carter, Agri
Broadcasting Challenges: Overcoming Adversity
eMedia Holdings, the parent company of Openview and e.tv, expressed concerns about the challenging impact of multiple factors like load shedding, a weakened currency, higher fuel prices, inflation, high interest rates, and rising unemployment, which affected its performance in the first half of 2023. During this period, eMedia reported a 0.8% decline in revenue to
Huawei moving smart car operations to new JV
The Chinese company, Huawei has revealed that it is working towards moving it's core technologies and resources in its smart car unit, which has chalked up robust sales for a number of new vehicles, to a new joint company owned up to 40% by Changan Auto. In a press release, Huawei mentioned that the new
Nigeria struggles to reach oil target
Nigeria is unlikely to fulfill its own targeted 1.58 million barrels per day production level in 2024, according to projections by two consultancies tasked by OPEC+ to independently verify output capabilities. This poses challenges as the country lobbies for a higher quota amid OPEC+ supply cuts. Years of declining Nigerian volumes led OPEC+ to slash
Reserve Bank says high interest rates straining South African banks
The South African Reserve Bank has issued a warning, noting that persistent high interest rates, coupled with escalating living costs, are adversely affecting the health of bank loan portfolios. This strain is evident through a rise in defaults and missed payments, resulting in diminished capital and profits within the financial sector. In response to this
Volvo Unveils Armoured SUV in South Africa, Yours For R2.5 Million
Volvo Car South Africa has introduced a specially designed armoured variant of its flagship XC90 SUV to the lineup, with pricing starting at R2.5 million. This unique model provides customers with the discreet option of ordering ballistic protection directly from the Swedish luxury manufacturer. The armoured XC90 is equipped with certified 360-degree ballistic protection, adhering
Understanding ransomware attacks and how companies can protect themselves from being victims
As of recently, ransomware has been dominating the security conversation, and instead of things getting better, it just seems to be getting worse, and many people and organisations still don't understand how these attacks unfold. Business Tech Africa had the opportunity to sit down with the Veeam Team to find out what exactly is the