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Qualcomm Announces Manchester United Sponsorship
Processor Manufacturing Giant increases its brand appeal as it grows its computer processing Tech In the ever-evolving global landscape of technology giants, the competition between Intel and Qualcomm has been a key narrative in the semiconductor industry recently. Intel has dominated the computer chip industry for decades and is well known for its processors that
Bamboo Expands to South Africa, Broadening Access to Global Financial Markets
Bamboo, a Nigerian-based online stock platform, has made a significant leap in its African expansion by launching operations in South Africa. This move enables South African users to invest in US stocks directly from their smartphones, providing unprecedented access to global financial markets. This expansion comes after Bamboo secured a financial services provider license from
South Africa Misses Economic Growth Opportunity Amid Global Commodity Boom
South Africa reaped substantial benefits from the global commodity boom in 2021 and 2022, with mining companies achieving record profits and contributing significantly to the national revenue. However, the country failed to fully capitalize on this opportunity to boost foreign exchange earnings and economic growth, according to a 30-year macroeconomic review by the Bureau of
Absa Bank Launches Absa Pay, Revolutionizing Secure Online Transactions
South Africa’s third-largest bank by tier 1 capital, Absa, has introduced Absa Pay, an open banking API designed to enable fintech companies to securely transact with the bank’s clients. Absa Pay will facilitate online purchases without requiring customers to enter payment card details. Instead, customers can select “Absa Pay” when shopping with merchants that support
Kenya to Increase Borrowing Amid Budget Deficit Crisis, Says President Ruto
Kenyan President William Ruto has announced that the country will resort to additional borrowing to address a growing budget deficit following the rejection of a finance bill intended to boost tax revenue. After deadly protests erupted last week, Ruto opted not to sign the bill and instead requested its withdrawal from parliament. In a televised
South Africa opens its doors to remote workers, and they come bearing economic gifts
The South African government is finally about to give international workers who are not office bound the chance to roam the Rainbow Nation. Recently, the Ministry of Home Affairs, gazetted a new set of immigration regulations that would allow remote workers who earn more than R1 million per year to work in South Africa for up to
Can succession planning for women break barriers in SA Financial Services?
As several AGMs have taken place across the South African Financial Services sector this month, progress towards gender parity has been high on the activist shareholders’ agenda. In its annual round-up reports non-profit shareholder activism organisation, Just Share has so far put the leadership of ABSA, Nedbank, Sanlam and Old Mutual on the spot over
Award-winning SA tech platform SweepSouth celebrates a decade of success
SweepSouth, South Africa’s foremost home services platform, is celebrating its 10th anniversary this month. Established in 2014 by Aisha Pandor and Alen Ribic, SweepSouth has evolved from a pioneering start-up to a known household name – transforming how South Africans engage with and organise domestic services. The founding of SweepSouth stemmed from a vision to develop
How can exporters overcome cross-border payment challenges?
Cross-border trade is a key driver of the South African economy, accounting for over half of the country's total exports. However, South African exporters face several challenges in receiving cross-border payments, including high transaction fees, currency conversion issues, and difficulties in verifying the identity of buyers. According to a survey conducted by the South African
Fintech enablement offers micro merchants’ path to business growth
With an estimated 150,000 micro merchants* in townships, peri urban areas and rural areas, digitalizing small and informal merchants could create significant economic spinoffs for underserved and excluded communities across the nation. Generating R178 billion in annual sales, these merchants serve around 80% of the population. That’s the word from Martin Wright, CEO of Kazang,
New developments for iPhone16 series
Apple is in the development of new tech-savvy technologies called “electrically induced adhesive debonding” to make it easier to replace iPhone batteries. It plans to start with the iPhone 16 series. The upcoming release of the iPhone 16 has sparked excitement among tech enthusiasts as it is rumored to feature a groundbreaking innovative removable battery.
Ransomware on the Rampage
Brain Cipher is a ransomware that targets organizations gaining media attention on the recent cyberattacks in Indonesia earlier this year. Indonesia is building a National Data Centre where they can secure their data that is used by the government for online services and data hosting. The reason is that on the 20th of June, the
Olive Union's AI Bluetooth Hearing Aids
Olive Union AI Hearing Aid represents a new technological advancement in auditory technology, offering users a unique blend of artificial intelligence and unique design, on how it is revolutionizing the way individuals with hearing impairments engage with the world around them. By analyzing your surroundings in real-time, this device adjusts sound levels to optimize your
Solos AirGo Vision
Solos a company that specializes in the creation of smart glasses has released AirGo Vision. The glasses are a new cutting-edge tool that is breaking the barrier to how we engage in digital content and information. This technological device has a key feature where it has clear visuals to enhance the whereby it elevates the
Digital Solution for Zambia’s healthcare
Improving access to healthcare through digital solutions in Zambia is an important effort to address long-standing challenges facing the country's healthcare system. By using digital solutions, it is now just as straightforward to access medical consultations as it is to order your preferred takeout. Patients are now able to communicate with healthcare professionals using telemedicine
Microsoft ERP Catalyst Fund a Game Changer
Kevin Pentecost (Microsoft) and Stuart Scanlon (Epic ERP) at a recent Microsoft product event held at Pablo Clark Racing in Kyalami, Johannesburg Discuss Business Central as a solution for Mid enterprises
Astron Energy Undertakes Major Rebranding of Over 800 Caltex Stations
South Africa’s second-largest petroleum network, Astron Energy, is embarking on a significant rebranding project that will transform over 800 Caltex-branded service stations in South Africa and Botswana. “This rebrand from Caltex to Astron Energy represents the most substantial change in the South African fuel industry in three decades,” Astron’s Communications Manager, Suzanne Pullinger, told Daily
Google Translate Expands to 243 Languages, Enhancing Global Communication
Have you ever been in a foreign country, unable to understand a single word, or struggled with a menu in a foreign restaurant, only to end up with a mystery dish? Google’s latest update to Translate might be the perfect solution for global travellers. With this update, Google Translate now supports an additional 110 languages,
Birdnest Secures Funding for Expansion and Growth in Proptech Industry
Egyptian proptech startup Birdnest has successfully secured an undisclosed amount of funding to expand into new markets and enhance its existing operations in Egypt. The pre-Series A funding round attracted contributions from Beltone Venture Capital and CI Venture Capital, among other investors. While the exact amount raised has not been disclosed, the investment was made
Nigeria’s Kano ascends into the top 1,000 startup cities in the world
For the first time this year, Kano has ascended into the top 1,000 startup cities worldwide. Renowned as the commercial hub of northern Nigeria, the city has experienced a significant rise in startup activities over the past four years, thanks to pioneering tech entrepreneurs and a thriving tech community. Back in 2016, four young individuals