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A strategic approach to AI sustainability in South Africa
With the AI race in full swing, many organisations now find themselves hoarding data in the hopes they will soon find a way to derive value from it. Generative AI has the power to create personalised, data-driven content for millions in South Africa, creating a groundbreaking opportunity to tackle many local industry challenges. Although not
Nadav Zafrir Becomes CEO at Check Point Software Technologies
Check Point Software Technologies Ltd. (NASDAQ: CHKP), a pioneer and global leader of cyber security solutions, has announced the transition of founder Gil Shwed into the role of Executive Chairman of the Board of Directors, and the appointment of Nadav Zafrir as the company’s new Chief Executive Officer, starting December 16th. “Check Point embarks on a
MTN announces contract price adjustments to strengthen network resilience
MTN South Africa has announced adjustments to its consumer contract pricing with the monthly bill increasing by an average 4.4% effective 1 February 2025. MTN remains committed to providing our customers with a world-class network experience. While macroeconomic and other factors such as network vandalism, battery and generator theft, and increased electricity prices have necessitated
Apple Intelligence NOW Available in South Africa
Apple Intelligence – a revolutionary personal intelligence system designed to transform how you communicate, work, and express yourself across iPhone, iPad, and Mac – is now available on all iOS 18.2 compatible Apple products in South African English today. As part of this exciting launch, iStore is proud to offer exclusive iStore Meets sessions—free training events
Crypto Currency – Champion Investment Sector for 2024
Taking a look at the best performing investments in 2024, there have been an interesting array, from Cocoa and Coffee to Crypto and from Gold to Germanium and from freight to eggs. The best performing Commodity for 2024 was the humble Cocoa, with an impressive 181% growth on Cocoa futures in the year. The product
Huawei Unveils a New Era of Foldable Excellence at 'Unfold the Classic' Launch in Dubai
Huawei Consumer Business Group (CBG) unveiled several highly anticipated products that usher in a new era of foldable excellence as part of the "Unfold the Classic" HUAWEI Flagship Product Launch held in Dubai on December 12. Among these products is its new foldable smartphone, HUAWEI Mate X6, setting a new standard in foldable smartphones and
Innovation Challenge Deadline Extended
The City of Johannesburg (COJ) has announced that it has extended the deadline for entries for the Community Innovation Challenge 2024, until this Friday, 20 December. In calling for applications, COJ has held seven regional briefing sessions for potential applicants to ensure that they understand the scope of the competition requirements. Key Challenge Focus: The
Microsoft announces plans to leverage AI to fast-track growth of start-ups in Africa
Microsoft, through the company’s Africa Transformation Office (ATO), has recently unveiled an initiative that it says, will accelerate advancements in artificial intelligence (AI) and foster collaboration between startups and industry leaders. The initiative will also mark the launch of Microsoft’s strategic collaboration with NVIDIA, aimed at accelerating AI startup development in Africa. The announcement was
Breaking News today – Tuesday 17 December 2024
Business & Tech News Copper Prices Slide on China Slump: Copper futures fell to around $4.11 per pound in early trade today, sliding for the fifth straight session amid persistent demand concerns in a slowing Chinese economic sector. Data showed that retail sales in China slowed more than expected in November, while industrial production grew
South Africa’s Credit Market Shows Signs of Improvement
Vehicle Finance Volumes Increased for the First Time in Two Years According to TransUnion’s newly released Q3 2024 South Africa Industry Insights Report, consumption credit products (credit cards, personal loans, retail revolving lines) continued to experience growth, with originations growing by 14.4% year-over-year (YoY) in Q3 2024. Consumers are find ways to adapt to the
FinTech's – Bridging Gaps for Township Merchants
With around 8% of the population still unbanked in South Africa, the township economy and related services is still predominantly driven by cash. Merchants operating in townships and rural areas remain underserved by the mainstream financial services sector. This has driven a vibrant development opportunity within the Fintech sector with companies looking to address their
Sundar Pichai Introduces Google Gemini 2.0: A Leap into the Agentic AI Era
For over 26 years, Google has pursued its mission to organize the world’s information and make it universally accessible and useful. This vision has driven continuous innovation, particularly in artificial intelligence, pushing the boundaries of what AI can achieve in organizing and interpreting information. When Google unveiled Gemini 1.0 in December, it was a breakthrough—the
Why monetary expansion is harmful and unnecessary
As monetary policies across Africa, continue , for the most part to depend on inflationary based policies where monetary expansion is still the predominant actor. It is important for policy makers to consider that their inflationary practices are all but creating larger debt burdens and that this cycle is one where future earnings are not
Breaking News today – Friday 13 December 2024
Business & Tech News Automotive Chip Disruptor Announced: A partnership between BOS Semiconductors and a Canadian start-up tech company and Tenstorrent, announced a newly developed AI chip designed for applications in Automotive autonomous driving control units and in-vehicle entertainment technology. The tech installed within vehicles has become increasingly complex with almost every aspect of vehicle
MTN Unveils Cutting-Edge Digital Experience Centre to Showcase the Future of Connectivity
MTN South Africa has officially launched its state-of-the-art Digital Experience Centre in Johannesburg, Morningside, setting a new benchmark for retail spaces dedicated to digital communications and connectivity. Designed to offer an immersive and interactive journey, the Centre blends cutting-edge technology with a customer-centric experience, giving visitors a hands-on opportunity to explore the future of telecommunications.
TCL REINFORCES ITS LEADERSHIP IN AIR CONDITIONING WITH CUTTING-EDGE INNOVATIONS AT AN EXCLUSIVE EVENT IN WUHAN
The event spotlighted TCL’s groundbreaking air conditioning innovations, advanced manufacturing capabilities at TCL’s Intelligent Manufacturing Centre, and tailored solutions for the MEA region. Johannesburg, South Africa – 12 December 2024 – TCL Electronics, a global leader in consumer technology and the world’s top two TV brand, successfully hosted its first ever exclusive industry gathering in Wuhan,
South African Employment Numbers Disappoint
The Quarterly Employment Statistics (QES, Q3:2024) survey released today (12 December) by Statistics South Africa (Stats SA), indicate that total employment in the formal non-agricultural sector decreased by 133,000 in the third quarter of 2024, bringing the level of employment to 10,6 million. According to the survey 294 000 jobs were lost between September 2023 and September 2024.The
Pragma – A Pragmatic Approach to Asset Maintenance
The 88 000 buildings owned by the South African Government, have been the topic of much discussion recently after the Minister for Public works, Dean MacPherson had lamented the state of the buildings and lack of timeous interventions in maintenance, that has led to billions being syphoned out of the fiscus, with little or nothing to
Sungrow Southern Africa Announces Principal Sponsorship of powerelec Nigeria Exhibition 2025
Sungrow Southern Africa is proud to announce its role as the Principal Sponsor for the powerelec Nigeria Exhibition 2025, set to take place from January 13-15, 2025, at the Landmark Centre, Victoria Island Annex, Lagos, Nigeria. This prestigious event, a key gathering for the energy, power, and renewable sectors, offers a dynamic platform for networking,
Trend Micro Safeguarding Cloud Data of Healthcare AI Innovation Leaders
Trend Micro Incorporated, a global cybersecurity leader, continues to lead the way in cloud security for healthcare innovators. With its AI-driven platform delivering security across AWS, Azure, and Google Cloud, Trend enables healthcare organisations to drive transformative innovation while protecting critical cloud environments and sensitive patient information. For organisations looking to unlock AI's potential securely,