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FNB customers embrace PayShap for low-value payments
31 July 2023 – FNB has revealed that its customers continue to embrace PayShap for low-value payments. It says 62% of all PayShap payments made by FNB customers are under R500, and of these, 27% are below R100, making them completely free for its customers. PayShap is a new, modernised real-time payment solution that facilitates digital
TechMarkit- South Africa Launch Its First Laptop Library
TechMarkit has launched its first laptop library to provide affordable computers and other refurbished technology equipment in South Africa. The company is excited to announce the launch of its new Laptops Library Programme aimed to provide anyone who requires the use of a laptop temporarily, with free access to laptops subject to a nominal refundable
Tech Giants In Africa See Huge Value In AI According to Studies
Business leaders and tech giants in Africa are seeing major value in artificial intelligence (AI) and are making bets on the potential of AI and cloud computing to accelerate advancement and give their businesses a competitive edge according to BMI Institute for Business Value study. According to the studies, it shows that ground-breaking AI is
TikTok Introduces Text-Only Posts
Social media platform, TikTok has introduced a text-only post feature, which allows users to share text-only content. The app which is known for its short-form videos will open fresh avenues for written creative expression. This text option allows users to post short stories, poems, recipes, and other narratives, providing a dedicated space for the textual
Kenya National Library Unveils First Virtual Library
The Kenyan National Library Service has alongside Youth Affairs, Sports and Arts CS Ababu Namwamba has officially launched the first virtual library. The $1.7 million library contains more than 200,000 digitised books, periodicals, research papers and government publications. The digital platform was announced in September 2022. The VTabu will contain all E-books spanning every subject
Megan Pydigadu Resigns as EOH Finance Director, Joins Spar
Megan Pydigadu, group finance director of technology services firm EOH, has left the company to join one of South Africa’s biggest retailers. According to a statement shared by the tech firm said that Pydigadu will remain with EOH until 31st October. Before joining EOH in 2019 Pydigadu was chief financial officer of MiX Telematics, a
Top Five Innovative West Africa’s Renewable Energy Projects
West Africa region is experiencing a pipeline of innovative renewable energy projects being developed which aim to drive sustainable solutions for the region. With both the energy transition and fuel security top priorities for West Africa, future energy solutions will require innovation. Ada Foah Wave Energy Project in Ghana Ghana’s wave energy potential, estimated at
More Than Half of Threads Users Left The App
Meta CEO Mark Zuckerberg insinuated Thursday that the new Twitter rival, Threads has lost more than half of users who signed up for the platform in its first week, according to Reuters reports. The app became the fastest-growing app of all time after its launch. Speaking at an internal company town hall Zuckerberg said, “Obviously,
Power Outage Badly Affecting South Africa’s 300-year-old Wine Industry
The energy crisis that has been rolling blackout in South Africa has been affecting most business industries badly with load shedding, with many businesses shutting down due to being unable to keep up with the load shedding and finding means to substitute. The picturesque valley two hours drive southeast of Cape Town, Berene Sauls founder
Government Launches One Stop Shop And Energy Resilience Fund
Ebrahim Patel, minister of trade, industry and competition launched the Energy One Stop Shop and Energy Resilience Fund. The purpose of this fund is to “input to the streamlining of regulatory processes required for private investment in electricity generation, facilitate pre-investment screening for all energy projects and fast track applications from energy applications.” Minister Patel
Samsung Launches New Folding Smartphones To Remove Competition From Rivals
Wednesday Samsung Electronics launched its two new folding smartphones that are less heavier and thick than previous models, they showcased their tablet and two new smartwatches. The South Korean electronics giant kept its prices around the same level for three years in a row. According to CNBC, the company said its new phones, the Galaxy
Microsoft Faces EU Antitrust Investigation For Bundling of Teams Software
Thursday it was reported that the technology giant Microsoft is formally being investigated by the European Commission over claims that it is unfairly bundling its Teams videoconferencing app with its Office software. According to reports, Microsoft pulled up to €2.2-billion in EU antitrust fines in the previous decade, the fines are for breaching the EU
Unlock the Full Potential of Your HUAWEI nova Y91 Tips and Tricks for an Unparalleled Experience
The HUAWEI nova Y91 is a true marvel in smartphone technology. Packed with cutting-edge features and sleek design, the HUAWEI nova Y91 promises to elevate your mobile experience to new heights. To help you make the most out of this incredible device, utilise a comprehensive range of tips and tricks that will enable you to
HealthDart Uses Advanced tech to overhaul South Africa’s Healthcare
A South African startup, HealthDart dedicates to revolutionising the country’s healthcare system by implementing technology-driven solutions. The long waiting lists, time-consuming clinic queues and inefficiencies within the public healthcare system have been an ever-growing issue in the country. HealthDart seeks to transform healthcare delivery by using various technologies including artificial intelligence. The start-up has been
Elon Musk Started his Own AI Start-up, xAI
Elon Musk announced that he has created a new artificial intelligence company called xAI. The founder of SpaceX and Twitter owner said that the primary mission of the xAI is to get more into understanding the depths of the true essence and nature of the universe. The AI company xAI hired researchers from OpenAI, Google
Meta Staging A Comeback With Sharp Rise in Second Quarter
Wednesday, 26 July 2023, Meta Platforms reported a sharp rise in their advertising revenue surpassing Wall Street financial targets for the second quarter market expectations. The reports from Meta come after Google showed a strong performance in attracting advertisers' and consumers' interest. However, the company still foresee expenses rising both in 2023 and 2024, citing
South Africa Data Breach Cost Almost R50 Million
According to IBM Security’s annual Cost of Data Breach Report, it shows that the average data breach cost for South African organisations reached R49.5-million in 2023 – an all-time high. The report shows an 8% increase over the last three years and a 73% increase since South Africa was added to the report eight years
Samsung Extend Chip Production Cuts and Focus on High-end AI Chips
Samsung Electronics on Thursday announced that it will continue to cut back its memory chip production including NAND flash used in smartphones and PCs due to being largely constrained to high-end chips used in artificial intelligence (AI). The company reported a $3.4 billion (4.36 trillion won) operating loss in the second quarter of this year
HAPPRUN H1 PROJECTOR REVIEW: TRANSFORM YOUR LIVING ROOM INTO A CINEMA
Smart TVs are becoming more affordable in the current market, but for those on a tight budget, finding a TV under $100 often means sacrificing features such as lower resolutions or smaller screen sizes. But does that mean you have to give up on the idea of creating a proper home theatre experience on a
Mid-year review: Re-evaluating your financial planning goals
The uncertainty of South Africa’s economy and the risks attributed to the unstable performance of the Rand, as well as the current market volatility, seem to leave a lot of consumers, savers, and investors feeling uneasy about what the rest of the year will look like for the financial planning goals they’ve set to achieve.