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5 Cybersecurity Trends SA businesses must watch in 2024
South Africa’s cybersecurity landscape is becoming increasingly dangerous. In fact, a recent report by Interpol reveals that the country is the cybercrime hub of the continent. As cyber-threats continue to rise, it’s crucial for local businesses to keep an eye on trends shaping the sector.“Preparing for cyber-threats is becoming less of a choice and more
Dynamic Shifts in AI Leadership: Sam Altman Joins Microsoft as OpenAI Names Its Third CEO in 3 Days
Disarray has swept through the forefront of the AI sector as OpenAI experienced the swift removal and subsequent reinstatement of CEO Sam Altman. In a matter of days, the board expressed remorse and committed to restoring unity within the company. Notably, Altman has swiftly assumed a new role, spearheading an advanced AI team under the
Embracing Multi-Currency Accounts for Global Sales this Festive Season
The holiday season is fast approaching, and for South African businesses, it's not just a time for celebration, but also a fantastic opportunity to expand their customer base and sales on a global scale. With the world becoming increasingly connected, businesses can now reach customers in different corners of the globe. However, to do so,
Hyundai cars to be sold on Amazon from next year
Amazon's ever-expanding online store may soon offer an unexpected big-ticket item alongside its array of oddities – brand new vehicles. While South Africans can't purchase cars on Amazon yet, a new Hyundai partnership will allow Americans to buy directly on the platform starting next year. Under the collaboration, Hyundai becomes the first automaker enabled for
SA women entrepreneurs are doing it for themselves and creating thriving businesses
In a country where 51% of the population is female, single women head up approximately 7.6 million households, and we are seeing that more women than men are buying property. It is therefore not surprising that women are ‘doing it for themselves' when it comes to business. “The evidence lies in the number of women
AI & the law in South Africa: How legal students & practitioners can embrace new tech
AI and Chatbots are starting to make real inroads into the daily lives of South African law practitioners and students, mirroring the way their global peers are embracing the opportunities provided by this advancement. However, legal professionals must take care to ensure they use AI as a complementary and augmentation tool, not a replacement for
South Africa to see the launch of Ford’s new SUV Territory
Ford is set to launch the new Ford Territory SUV locally in the second quarter of 2024 after a 15-year absence, as part of its major R5.2 billion South Africa investment. The new SUV is expected to compete with models such as the Hyundai Tucson, Kia Sportage, Mazda CX-5, Nissan X-Trail, Toyota RAV4, and VW
The road to ending load shedding is still far
South Africa will likely prioritize resolving its energy crisis over climate goals, risking reduced funding and export competitiveness, says industry body chief James Mackay. Ending rolling blackouts plaguing the economy may require extending coal power, undermining decarbonization aims. But energy security is viewed as critical for growth. The fastest fix is upgrading creaky coal plants,
Stimulating Job Creation in EC through Successful Completion of 1st Cohort
Samsung, in collaboration with Ocule IT, recently hosted a Graduation Ceremony to celebrate the successful completion of the 1st Cohort of the MICT-SETA Accredited Electronics Technician program in the Eastern Cape. This marks a significant milestone for the graduates who now contribute to the national initiative focused on electronics artisanal skills development, aiming to stimulate
Teaching kids about cybersecurity and internet safety
For many adults today, memories of a time before the internet, cellphones, and social media are still vivid. However, for today’s children, these technological advancements are an integral part of their everyday lives. While the conveniences brought by the internet, smartphones, and social media are remarkable, they have also ushered in new and persistent dangers,
How to reduce your electricity bill
According to Dr. Karen Surridge from the South African National Energy Development Institute (SANEDI), prioritizing energy efficiency is crucial. Adjusting both behavior and equipment can effectively manage electricity demand in homes, leading to reduced electricity bills. This approach falls under the energy industry concept known as demand-side management, where the collective efforts of households, businesses,
Prospective car buyers set to benefit from strong competition in the pre-owned market
Weelee, historically South Africa's fastest-growing online platform and now an established buying and selling business within the pre-owned motor industry, believes that strong competition within the used car market will be the catalyst for innovative solutions, competitive pricing, and enhanced customer service. “In a rapidly evolving economic climate marked by high interest rates, escalating fuel
Redefining Security in the Age of Cyber-Threats
The persistent challenge of cybercrime continues to plague modern businesses, with seventy-one incidents and 3,808,687,191 compromised records reported in September 2023 alone. Globally, the year's breached records have surpassed 4.5 billion, showcasing the severity of the issue. The Orange Cyberdefense Security Navigator 2023 identifies prevalent attack types as malware, social engineering, policy violations, system anomalies,
RMAA SA reimagining the future of mobility on its 15th year celebration
Special Vehicles Manufacturer, RMA Automotive South Africa (RMAA SA), proudly marked its 15-year anniversary this week. Since its inception in 2008, the company has consistently demonstrated a commitment to excellence and innovation, shaping the future of mobility through advanced engineering and strategic partnerships. Commemorating the anniversary with the theme, ‘Beyond the 15 – The Future
Retailers diversify to get a slice of the R60.4 billion Black Friday and festive season bonanza
South African retailers are expected to adopt diversification strategies such as adding new product lines and new service offerings to win a bigger share of an expected R60.4 billion in retail spending over November and December. This Black Friday and festive season consumer spending spree will enable retailers to make up some of the financial
Despite climate concerns, just 14% of companies reduced carbon emissions in line with ambitions over the past five years
As climate-related disasters intensify in frequency and severity, so does the economic impact on communities and businesses. Despite a responsibility to mitigate the crisis with emissions reductions in their operations and supply chains, companies have not made much progress in comprehensively measuring and reducing their emissions over the past year, according to a new study
CCI South Africa is building IT skills for the BPO Sector
South Africa faces a chronic shortage of skills in the IT (Information Technology) sector, with the South African Government’s 2023 Critical Skills List highlighting the need for IT skills including systems analysts, data scientists, software developers and more. Recognising the need to introduce more skilled workers into the sector, Business Procurement Outsourcing (BPO) industry leader
Vodacom connects customers by land, sea and sky to boost digital inclusion in Africa
Continuing its commitment to fostering digital inclusion and connectivity across Africa, the Vodacom Group has expanded its pan-African customer base to 196.2 million through innovative initiatives that transcend land, sky, and sea. Vodacom highlighted several connectivity projects aimed at accelerating digital transformation and promoting socio-economic upliftment on the continent. Dejan Kastelic, Chief Technology Officer at
Vodacom Group Limited releases interim results for the six months that ended 30 September 2023
Vodacom Group's positive revenue trend, evident in the first three months of the financial year, persisted into the second quarter, reflecting a robust operating performance. Despite challenges such as higher interest rates, inflation, and currency volatility in our markets affecting earnings, we remain steadfast in delivering our purpose-led strategy. Our commitment focuses on enhancing societal
Standard Bank Champions Renewable Energy Transition in Africa with $20M Commitment to CrossBoundary Energy
Demonstrating its ongoing commitment to a sustainable energy future, Standard Bank, Africa’s largest commercial bank is contributing $20 million as part of a $50 million construction debt facility agreed between CrossBoundary Energy and the Facility for Energy Inclusion (“FEI”) in June this year. FEI, managed by Cygnum Capital (formerly Lion’s Head Group), is the lead