Browse every article
3,551 articles · 1 filter applied · Reset filters
Breaking News today – Monday 27 January 2025
Business & Tech News Indian Court Case Against OpenAI Gets New Momentum: Reuters have reported that the digital news units of Indian billionaires Gautam Adani and Mukesh Ambani, and other outlets like the Indian Express and the Hindustan Times, have mounted a legal challenge against OpenAI's improper use of copyright content. This follows an original
SanlamAllianz Credit Rating Updated
SanlamAllianz Re Ltd (SAZ Re), the reinsurance company with a market presence over 45 countries in Africa, has announced that ratings agency, AM Best, has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to the company. The outlook assigned to these credit ratings is stable, reflecting
ISFAP Invests Over R220 Million in Comprehensive Student Support Since 2017
The Ikusasa Student Financial Aid Programme Foundation NPC (ISFAP) has proudly invested over R220 million since 2017 to provide crucial wrap-around support to students receiving bursaries from the organisation. This substantial investment reflects ISFAP’s unwavering dedication to ensuring that students are equipped with the tools they need to succeed academically and personally as they work
Transforming IT Distribution: Key Sustainability Trends for 2025
As organizations, governments, and communities increasingly demand responsible practices, the IT distribution landscape is undergoing a profound shift. Sustainability is no longer just a buzzword—it’s becoming a cornerstone of operations, innovation, and community engagement. Looking ahead, here are the key sustainability trends poised to reshape the sector in 2025. Sustainability as a Core Business Strategy
How Smart Logistics Powers T20 Cricket
Sports is deeply ingrained in South African culture, evoking a powerful emotional connection that generates an electrifying atmosphere for both players and spectators. Among these cherished sports, cricket stands out as a unifying force, bringing millions of South Africans together. It transcends borders, ignites resilience and passion, and nurtures a profound sense of community. Behind
Taxes in Africa – Are they Effective or Destructive?
None of the global top ten lowest corporate tax rate nations, occur in Africa, and that may be one of the key reasons Africa is lagging behind in terms of global investment rates. While International corporate income tax rates vary, the average rate of corporate tax sits at around 23.45%. There are extremes, with a
Breaking News today – Friday 24 January 2025
Business & Tech News Mozambique Debt to Income Ration Causes Concern: Mozambique's external debt-to-GDP ratio has dropped to 66.2% from 72.1% and with multiple delays in the development of its liquefied natural gas fields, has resulted in concerns that it will be some time, before its external debt service can benefit from the expected gas exports.
PPS launches "glu" – SA’s new Financial "Bestie"
The Professional Provident Society (PPS), today announced the launch of its new financial division, “glu”. The new glu, a new development in the mutual financial entity, has been developed to extend mutuality-driven benefits to a wider audience across South Africa, than their existing portfolio of graduate professionals. The history of mutual societies in South Africa,
How Ares-i is Transforming Retail Risk Management in South Africa with AI Innovation
Xpert Decision Systems’ (XDS) innovative AI-powered facial recognition software, Ares-i, which was launched in 2024, has since shown its capability in helping transform risk management within the retail sector. As businesses face mounting challenges in a volatile economic environment, Ares-i remains an essential tool for proactively identifying, assessing, and mitigating risks that threaten operational stability
Summer Energy Savings with TCL’s Smart Technology
Holiday season may be over but summer heat is not, TCL, a global leader in consumer electronics, offers energy-saving solutions that allow families to enjoy comfort and convenience while managing their energy costs. TCL’s smart air conditioners and appliances are designed with efficiency in mind, helping households stay comfortable throughout the holidays without overloading their
Microsoft Pledges to Skilling One Million People by 2026 in South Africa
Microsoft has made a bold commitment to driving AI skill development in South Africa, and believes that with its youthful population, rich diversity, and rapidly growing tech ecosystems, South Africa and Africa are uniquely positioned to innovate and lead in AI-driven solutions. This according to Lillian Barnard, President for Microsoft Africa, this will require the
Breaking News today – Thursday 23 January 2025
Business & Tech News LinkedIn – Latest in Data Disclosure Court Case LinkedIn is the latest Tech group finding itself on the wrong side of the law by allegedly disclosing the content of private messages on the business focused social media platform. Premium customers maintain that social media platform disclosed their private messages to third
South African Consumer Inflation at 4-Year Low in 2024 – Interest Rates Must Follow
The final average consumer inflation rate for South Africa for 2024 was released today indicating a 4,4% year average. This is the lowest annual inflation rate in four years. Annual average consumer inflation was at 3.3% for 2020 and at 4,1% in 2019 the only two years in the last ten that were lower than
Perspective on Agentic AI Application from ABSA’s CIO
Technologist and tech change expert, Johnson Idesoh, spoke with Businesstech Africa from Davos in Switzerland, where he is attending the World Economic Forum. Idesoh, an IT engineer by background, is currently the CIO at ABSA group with a working history over three decades that includes; Group CIO at Old Mutual, also at a UK company
OpenAI Teams Up with SoftBank and Oracle for Massive AI Data Centre Initiative in the U.S.
OpenAI has announced a ground-breaking collaboration with Japanese conglomerate SoftBank and technology giant Oracle, alongside other partners, to establish a series of state-of-the-art AI data centres across the United States. This ambitious venture, named the Stargate Project, is poised to revolutionize AI infrastructure development in the country. The Stargate Project will kick off with a
South African Coal Giant Thungela Names Moses Madondo as Incoming CEO
Thungela Resources, one of South Africa’s largest coal mining companies, has announced the appointment of Moses Madondo, the current head of De Beers’ Managed Operations, as its next Chief Executive Officer. Madondo will succeed July Ndlovu, who is set to retire in July 2025 upon reaching the company’s retirement age of 60. In a statement
Moroccan Startups Shine in 2024 with $70 Million in Funding
Moroccan startups concluded 2024 on a high note, raising an impressive $70 million and cementing the country’s reputation as one of Africa’s most dynamic and innovative ecosystems. This achievement positions Morocco as fifth among the continent’s leading startup hubs, according to the annual ‘Africa: The Big Deal’ report. A Snapshot of Africa’s Startup Ecosystem Rankings
Truecaller Brings Real-Time Caller ID to iOS
Popular caller ID app Truecaller has long left iPhone users at a disadvantage by not offering the caller information in real-time — a feature its Android users have enjoyed for some time. Today, that changes as the company is rolling out an update that brings real-time caller ID support to its iOS subscribers. According to
Breaking News today – Wednesday 22 January 2025
Business & Tech News Gold hits Two-Month High: Gold rose further in early trade this morning toward $2,750 per ounce, with a more than 1% gain from the previous session to reach its highest level since early November 2024. The yellow metal has been supported by a relatively softer US dollar and growing demand for
Mining Production and Mineral Sales for November
Mining activities in South Africa has seen a backwards trend that is now resulting in regular mining production decreased appearing on the statistics. The latest numbers for November 2024 that were released by Stats SA today, revealed a -0,9% year-on-year overall decrease for November 2024. Production Decrease Concern in Key Sectors By Category, the largest