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Milkor announces new partnership for maritime version of the Milkor 380 UAV
Milkor has established a strategic partnership with Germany’s Aerodata AG to develop a new specialised platform for maritime surveillance, the AeroForce 380, based on the Milkor 380 unmanned aerial vehicle (UAV). At the Paris Air Show 2023, Aerodata and Milkor solidified its commitment to cooperation with a Memorandum of Understanding. Now, the AeroForce 380 will
The Age of AI: Possibilities and Pitfalls for Professional Indemnity Insurers
Artificial Intelligence (AI) is arguably one of the most prolific buzzwords of the past decade, particularly since the advent of ChatGPT in late 2022 when AI became a hotly debated topic of discussion beyond the boardroom, casual dinners and braais. True, AI presents potentially both -humanity’s greatest achievement and unknowable prodigious risk. A little-known fact
MetroFibre Achieves Level 1 BBBEE Rating
MetroFibre has achieved a Level One (1) BBBEE rating for 2024 under the ICT Sector Charter targets. The consistent improvement from a BBBEE level 4 in 2020 to level 2 in 2021 and then to level 1 in 2023 and again in 2024 is testament to MetroFibre’s commitment to transformation, enterprise development, skills development, especially
Standard Bank announces MVNO collaboration with MTN
Standard Bank has announced a new Mobile Virtual Network Operator (MVNO) collaboration with MTN giving its South African customers access to the mobile operator’s extensive coverage across the country. As part of the bank’s telecommunication strategic direction, Standard Bank Mobile will now be called Standard Bank Connect and will introduce a new set of data
Lenovo and Cisco Announce Strategic Partnership to Simplify Path to AI Innovation
Lenovo and Cisco has unveiled a global strategic partnership to deliver fully integrated infrastructure and networking solutions designed to accelerate digital transformation for businesses of all sizes. The two companies have signed a Memorandum of Understanding (MoU) agreement to jointly establish design, engineering, and execution plans for accelerating digital transformation with turnkey solutions that extend
Xero unveils breakthrough tech behind 'Just Ask Xero' to improve accuracy of accounting tasks
Xero, the global small business platform, today unveiled at Xerocon London, groundbreaking technology underpinning its upcoming AI-powered smart business companion 'Just Ask Xero' (JAX). The proprietary technology helps ensure greater accuracy while using AI in the accounting process. JAX, available in beta in August, will help small businesses and their advisors run their business more efficiently.
Three threats to today’s cloud environment
The cloud has become a vital component to an organisation’s infrastructure. It allows companies to improve operational inefficiencies while also allowing them to innovate and experiment with advanced technologies like artificial intelligence (AI), machine learning (ML) and Web3. This, however, has made navigating the world of cloud security more complex and has expanded the threat
Planning for the unexpected: importers/exporters
Major shipping incidents, such as the recent Baltimore bridge disaster and the Red Sea crisis, are highly detrimental to global supply chains. Attacks by Houthi rebels on vessels in the Red Sea forced ships to take the longer route around South Africa’s Cape of Good Hope, resulting in severe cargo delays and driving up sea
Payment24 Offers Innovative Fuel Voucher Solutions
Payment24's fuel vouchers provide a flexible and efficient fuel payment method, allowing users to transact at the pump with a digital voucher. Notably, the Payment24 fuel vouchers have been successfully used by partners as part of their loyalty and marketing initiatives. To date, Mobile network companies and businesses with loyalty programmes already purchase vouchers from
AI and ransomware: cutting through the hype
It might be the great paradox of 2024: Artificial Intelligence (AI). Everyone’s bored of hearing it, but can’t stop talking about it. It's not going away so we had better get used to it. AI is disrupting most digital industries and cybercrime is no exception. However, cutting through the hype and getting to the facts
Father’s Day 2024: Top Tech Gifts From HONOR
Father’s Day is around the corner, and it will be a celebration of all the brave dads who play an important part in our lives. These men are sports dads, classic dads, business dads, adventurous and DIY dads, and all enjoy something a little different. HONOR has a selection of tech products packed with innovative
Kaspersky finds 24 vulnerabilities in Chinese biometric access systems
Kaspersky has identified numerous flaws in the hybrid biometric terminal produced by international manufacturer ZKTeco. By adding random user data to the database or using a fake QR code, a nefarious actor can easily bypass the verification process and gain unauthorised access. Attackers can also steal and leak biometric data, remotely manipulate devices, and deploy
ESG for SMEs: Culture over strategy
While the ESG (Environment, Social and Governance) framework has to date been primarily a concern for larger enterprises, it is fast becoming an important consideration for SMEs as well. The shift is driven by global business climates, as well as today’s consumers, especially the younger generations who tend to be more conscious of companies' environmental
Local brands are in demand despite big-name competitors
With Amazon’s South African operations now up and running, the question on everybody’s lips is what the impact will be on homegrown online shopping platforms. The ecommerce giant has market capitalisation of more than a trillion US dollars, and there are fears it will crush local competitors. What some may not realise, however, is that ecommerce
AI Redefined: Sightful Unveils Refined Spacetop G1 AR Laptop for Sale
A year ago, tech start-up Sightful introduced a thousand productivity pioneers to its innovative Spacetop system, a laptop that employs AR glasses for its display. Now, the enhanced and refined Gen 1 product, Spacetop G1, has officially gone on sale. A Revolutionary Approach to Remote Working The Spacetop G1 aims to transform the remote working
Tesla Shareholders Reinstate Musk's $44.9 Billion Pay Package Despite Legal Hurdles
On Thursday, Tesla shareholders voted to reinstate CEO Elon Musk's substantial $44.9 billion all-stock compensation package, which had been previously nullified by a Delaware judge. This decision signals strong support for Musk's leadership amid challenging times for the electric vehicle manufacturer. Although the shareholder vote is favourable, it does not guarantee that Musk will receive
End of Petrodollar Agreement Signals Shift in Global Finance
A long-standing petrodollar agreement between the United States and Saudi Arabia has expired, with the Gulf nation deciding not to renew the deal as of June 9, 2024. This move marks a significant shift in global finance, potentially impacting the status of the US dollar as a reserve currency and carrying considerable implications for America.
$5 Billion Uganda-Tanzania Pipeline Faces Environmental Opposition
The $5 billion pipeline project, designed to transport oil from Uganda's discoveries to an export terminal on Tanzania's coast, has encountered significant resistance from environmental groups scrutinizing potential lenders, as reported by Bloomberg. In 2021, Standard Bank, Africa’s largest lender, appointed an independent adviser to assist in its decision-making regarding involvement in the project. “We
MultiChoice Reports Significant Annual Loss Amid Economic Challenges
MultiChoice, the South African pay-TV giant, has reported a substantial annual loss of USD 217 million (ZAR 4 billion) on revenues of USD 3 billion (ZAR 56 billion). The loss, driven by macroeconomic challenges, has shareholders contemplating whether ownership by Canal+ might offer a lifeline. In crucial markets like Nigeria and Ghana, economic downturns have
Sage Increases Efficiency and Improves Scalability for Distributors and Manufacturers
Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses has today launched Sage Distribution and Manufacturing Operations (SDMO) in the United States and South Africa. SDMO provides complete visibility and control of the purchasing, production, inventory, and sales processes of small to mid-sized distributors and discrete manufacturers, helping them