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Standard Bank's load shedding bill quadrupled Last year
Standard Bank claims that its fuel expenses to counteract load shedding have increased from R18 million in FY21 to R72 million in FY22. This was one of the primary reasons for its operating expenses and bank branches rising 9% in the most recent fiscal year, coupled with other increases in municipal taxes. On Thursday, the
South Africa warned about new solar scam
While the government, businesses, and South Africans in general seek relief from power shedding by investing in solar, fraudsters and crooks hunt for ways to profit. The City of Tshwane has issued a warning to citizens about fraudsters posing as city personnel launching a new solar scheme. Scammers masquerade as bogus contractors, driving about in
Slack will provide users with a ChatGPT AI tool, that will write messages for them 'in seconds'
Customers who are sluggish will get "new superpowers" as the app revealed ChatGPT AI technologies geared at increasing the productivity of its millions of users. Salesforce has partnered with OpenAI, the developer of ChatGPT, a slow customer, to bring an artificial intelligence chatbot to the system for the first time. ChatGPT is an artificial intelligence
The 'secret' world of air-gapped software development
Security is required for software. We're all aware that anti-virus protection benefits our computers, whether it's from Microsoft Defender Antivirus or the regular suspects that dominate the malware protection industry. These technologies assist us in creating a world of safe software, however certain software application development and use occurs in much more restricted circumstances. The
The Best IT Best Practices Introduction
Best practices assist firms in improving services, products, security, and efficiency while maximising investment value. Incorporating best practices into your organisation can be a challenging process, but it comes with significant time and money savings, as well as extra benefits such as: Best practices vary by sector of IT, therefore a project manager will have
What's data masking? Types, Methods, and Best Practices
Every year, data breaches expose millions of people's sensitive data, leading numerous businesses to lose millions. In fact, the average cost of a data breach thus far in 2021 is $4.24 million. Of all the breached data kinds, Personally Identifying Information (PII) is the most expensive. As a result, data security has become a primary
Why Starlink has the potential to be a game changer in Africa
Many of us find it difficult to picture a future without fast, unrestricted Internet access. Others have even suggested that, like access to clean water and electricity, it should be considered a basic human right. Yet, as of January 2023, only 64.4% of the world population is online. The majority of those linked live in
In a data-driven world, harnessing data with the best-suited technologies is essential
With increasing trends in data and performance measures, the crown is likely to go to organisations that comprehend and maximise their data. To break through the clutter, employ business data management and data governance solutions. Therefore, data use is critical to overall change. Most firms' goals include growth, new income sources, and developing digitally enhanced
<strong>Transformational deals that empower</strong>
Absa Corporate and Investment Banking (CIB) served as the sole Financial Adviser, Bookrunner, and Mandated Lead Arranger to a syndicate of investors in the takeover of ICT firm Alviva Holdings. Alviva is a leading provider of information and communication technology goods and services in Africa. The Consortium is made up of two substantial existing Alviva
<strong>New GPU Driver Updates Released by Nvidia and AMD to Address Issues</strong>
Nvidia and AMD have recently released new GPU drivers to address issues affecting their users. Nvidia's 531.26 GeForce Hotfix driver is intended to fix an annoying bug that causes excessive CPU usage by the Nvidia Container software after exiting a game. The driver is available on Nvidia's customer help pages and includes a fix for
Rectron and DJI Launch Drone Academy in Johannesburg to Address Skills Gap in Growing Industry
Rectron, a subsidiary of Mustek, has partnered with Chinese drone manufacturer DJI to launch a drone academy in Midrand, Johannesburg. The academy will offer three courses that focus on enhancing the skills and proficiency of drone pilots. The courses will offer certification for a "remotely piloted aircraft systems maintenance technician," a remote pilot's license, and
Zambian minister votes against Argonaut's appeal
Zambian Minister of Mines and Mineral Development has refused Australian Stock Exchange listed Argonaut Resources’ appeal against the grant of a new licence over the Lumwana West area, in the North-Western province of Zambia. Minster Paul Kabuswe was ordered by the Zambian High Court in February to decide an appeal by Argonaut subsidiary Mwombezhi Resources against the cancellation
Business sector welcomes Minister of Electricity appointment
The South African business sector has welcomed the appointment of Gosientso Ramokgopa as the new Minister of Electricity. The sector believes the former Gauteng MEC for Economic Development is Mr. Fix It, and Business Leadership SA CEO Busi Mavuso said they hoped the government would be united in implementing the Energy Action Plan. BLSA said
Botswana expresses confidence in apple production
Farmers in Botswana have expressed relief as they are looking forward to starting the commercial production of apples, after the introduction of semi-arid varieties of apple trees suitable for local conditions. The country’s Ministry of Agriculture, apple farming in the country was a challenge as a result of unfavourable weather conditions. The newly introduced varieties,
BMW M3 Touring set to make waves in South Africa
BMW has unveiled its first-ever M3 Touring, a high-performance wagon that celebrates 50 years of the M brand. While BMW Group South Africa has not yet confirmed the new M3 Touring for a local introduction, the company has not completely ruled out the possibility, and it has been confirmed that it will arrive in South
DJI announces Ronin 4D Flex flagship camera
DJI, a leading manufacturer of camera stabilization systems, has announced the Ronin 4D Flex, an extension/tether system for its flagship camera, the Ronin 4D. The system is designed to enable the camera to shoot 8K ProRes RAW, a codec previously unavailable on the Ronin 4D due to patent limitations imposed by RED Digital Cinema. The
Total Energies signs agreement with Air Liquide and Sasol
French energy company Total Energies has signed two corporate projects to provide Sasol and Air Liquide with 260MW of renewable energy. BusinessTech Africa understands that the deal will go on for over two decades as the company also announced it would develop q 120MW solar plant in Western Cape. Total Energies also said it will
Sibanye Stillwater acquires 71% of Australian zinc company
Mining company Sibanye Stillwater announced that it has acquired an almost 71% stake in New Century Resources. The miner said on Tuesday that this comes two weeks after launching an unsolicited takeover bid as it lost confidence in the Australian zinc miner's board. IOL Business reports that the South African precious metals producer launched an
How Technology Will Affect Pharmaceutical Sales in 2023
Technology is crucial in how pharmaceutical businesses conduct business in today's digitally altered environment. Technology is propelling the industry through an age of extraordinary transformation, from medication development through production and commercialization. This is especially true in pharmaceutical sales, where rising regulations, tightening rules, and other stumbling blocks linked with pharma-to-physician relationships are posing new
Huawei Mate50 Pro's brings revamped imaging system
Huawei's latest offering, the Mate50 Pro, is a smartphone that pushes the boundaries of imaging with its revamped Ultra Aperture XMAGE Camera system. The smartphone's imaging innovation is nothing short of remarkable and is a testament to Huawei's technical expertise. This new era of innovative mobile imagery offers consumers a superior user experience and represents