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Tipped – The New Fintech Breaking Down Tipping Barriers
Socially we all are accustomed to tipping service staff, from waiters to petrol attendants and even your local car guard. This is part of the social fabric of South Africa where a large number of people rely on tips as their main source of income. So what happens when society goes cashless? That was the
Breaking News today – Tuesday 5 November 2024
Business & Tech News Deaf Mosquito Bio-Tech Cure Advance: A team of scientists from the University of California, have concluded a study that indicates that altering a genetic protein in male mosquito’s called trpVa that appears to be essential for their hearing. The process can prevent further propagation of the insects as they males are
Tanzania’s New Electric Railway Could be A Catalyst for East African Economic Growth
Tanzania’s newly launched electric railway could mark a transformative moment for East Africa’s economic landscape. This pioneering project, which connects the capital city Dodoma with the bustling port of Dar es Salaam, is Tanzania’s first electric-powered train line and has the potential to streamline trade routes across the region. By linking inland trade routes with
Deep Atomic Goes Nuclear
A start-up company Deep Atomic has created an innovative approach to modular nuclear reactors specifically designed with the exploding data centre market in mind. What is a SMR? Small Modular Nuclear Reactors (SMR’s), are small modular nuclear reactors that provide energy for a small local area or industry and generally generate power of under 300MW
Meta's AI-Powered Search Engine Challenging Google's Dominance
With search engines representing a multibillion-dollar market, Google Search alone generated an estimated $175 billion last year, according to Statista, Meta appears poised to enter the fray with an AI-powered search engine of its own. If successful, this development could make Meta a key competitor in the search industry, potentially loosening the grip of established
Guarding Digital Boundaries: Why Data Security is Essential Across Tech Industries
In a world where digital interactions permeate every aspect of daily life, data privacy and security have become essential across nearly every tech-driven industry. From smartphones to smart cities, protecting user data is now a priority, as digital breaches continue to escalate globally. Consumer trust hinges on these industries’ commitment to robust data security measures,
New Lenovo AI Device Innovations Focus on Hyper-Personalization
Lenovo has unveiled its most ambitious AI innovations to date at its Tech World 2024 event, reinforcing its goal to create a future of “Smarter AI for All.” Among the highlights are Lenovo AI Now, a local AI agent transforming PCs into personalized assistants; the new ThinkPad™ X1 2-in-1 Gen 10 Aura Edition AI laptop, integrating AI-driven
OLD MUTUAL PRIVATE EQUITY AND SPHERE TO ACQUIRE MUCH ASPHALT
OLD MUTUAL PRIVATE EQUITY AND SPHERE TO ACQUIRE MUCH ASPHALT 4 November 2024 – Old Mutual Private Equity (OMPE) and Sphere Investments (Sphere) today announced that they have concluded an agreement with Johannesburg Stock Exchange listed AECI Limited to acquire 100% of Much Asphalt alongside the Much Asphalt Management team. The deal is valued at
Designing and running an ecommerce business for growth in the township economies
Research released by retail analyst Trade Intelligence earlier this year indicated that township trade brings in about R200 billion annually. This is a staggering figure considering that high unemployment rates, poverty and crime blight South Africa’s townships. Moreover, ecommerce is growing rapidly in townships and informal settlements, with the 2023 Township CX Report finding that
Westcon-Comstor accelerates shift to renewables as green transition continues
Westcon-Comstor, a global technology provider and specialist distributor, today announced significant progress towards its goal of powering all global operations purely by renewable electricity by 2030, as it published its latest annual Responsible Business report. The report reveals that Westcon-Comstor derived 42% of its electricity globally from renewable sources during its latest financial year, up from 33% the previous
Breaking News today – Monday 4 November 2024
Business & Tech News Berkshire Hathaway, Dumps Apple Stock: Warren Buffett’s Berkshire Hathaway, has continued to dump Apple Stock and is now sitting on more than $325 billion in cash after continuing to unload billions of dollars’ worth of Apple and Bank of America shares this year. Berkshire said it had sold off around 100
Hackathon 2024 Winners Announced
1 November 2024, Johannesburg: 2024 Hackathon a Success Today saw a new milestone reached in the life of the South African ALX accelerator hub, with the first ever Hackathon on African soil hosted and sponsored by Google. The setting for the event was in the modern hub situated in the heart of Braamfontein, Johannesburg, with
Thabani Buthelezi Appointed as Acting CEO of the National Development Agency
Thabani Buthelezi has been appointed as the Acting CEO of the National Development Agency (NDA), marking a significant milestone in his distinguished career in social development and evaluation. With extensive experience in labor economics and social protection, Buthelezi is committed to making a tangible difference in people’s lives. His previous roles, including Chief Director of
Driver training and telematics drive fleet safety improvements, new Webfleet report reveals
Commercial transport operators in South Africa have reported a 78% reduction in road incidents, from 1,313 last year to 286 this year. This was one of the key findings of the third annual Webfleet Road Safety Report 2024 a comprehensive independent survey by Webfleet – Bridgestone’s globally trusted fleet management solution – on the evolving challenges and
Global Micro extends its GDPR and ISO 27001 compliance services to EU, UK and US clients
Global Micro, South Africa's most experienced cloud provider with more than 30 years of experience, is set to open physical offices in Ireland, the United Kingdom and the United States. These offices make Microsoft licensing and compliance easier across Europe and the United States. The company is uniquely positioned to help organisations deal with the challenges around compliance
IBM Introduces Granite 3.0: High Performing AI Models Built for Business
IBM announced the release of its most advanced family of AI models to date, Granite 3.0. IBM’s third-generation Granite flagship language models can outperform or match similarly sized models from leading model providers on many academic and industry benchmarks, showcasing strong performance, transparency, and safety. Consistent with the company’s commitment to open-source AI, the Granite models are released
The Role of Ride-Hailing in South Africa’s Transport Ecosystem
As South Africa observes Transport Month this October, the country focuses on transport's critical role in economic development and daily life. While traditional public transport modes such as taxis, buses, and trains remain essential, ride-hailing services reshape the transport landscape. Ride-hailing platforms like Bolt offer innovative solutions to address challenges like safety, accessibility, and inefficiencies
Google doubles down on Africa commitment with a further $5.8 million towards AI skilling & education
During a trip to Nairobi, Google President of EMEA Matt Brittin today announced $5.8 million in Google.org funding to support foundational AI and cybersecurity training this year across Nigeria, Kenya, and South Africa. The funding will support organizations providing foundational AI skills to workers, equipping them for the digital economy; educate teenagers about AI and its safe
Mystery Hyundai Hydrogen Vehicle Revealed
Hyundai Motor Co has unveiled a new Hydrogen-Fuel Cell Electric Vehicle (FCEV)called Initium, that is expected to go to market in the first half of 2025, as a new addition to its range of green fuel vehicles. The Initium (the Latin word for mystery),has an improved target driving range of over 650km on a single refueling,
Breaking News today – Friday 1 November 2024
Business & Tech News Google Maps Gets AI Integration: Google on Thursday announced a new set of features incorporating its AI Gemini chatbot, into its suite of mapping applications. With the Global tech giant perceived to have lost its early gains in AI development to rivals like OpenAI, Google is now playing catch-up by incorporating research