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Adapting, upskilling, and working to your human strengths in an AI-driven world of work
Artificial Intelligence (AI) is now firmly in the mainstream as workplaces and jobs begin to undergo a transformation that is both daunting and exhilarating. According to the Future of Work Report 2024, over 95% of global business leaders agree that AI will profoundly influence how companies deliver services. Joshua Mills, Talent Manager at Dariel Software, says
ALX Wins Prestigious EDTECH Awards at Africa Tech Week
ALX, a leading career accelerator and tech training provider, scooped the prestigious EdTech Award at this year’s Africa Tech Week Awards ceremony held at the Century City Conference Centre in Cape Town. The award highlights ALX’s groundbreaking contribution to tech education, its scalable impact, and its commitment to transforming the African continent's technological landscape. Now in
Enviro Automotive Introduces Affordable Electric SUV to South African Market
Enviro Automotive is gearing up to unveil the most budget-friendly electric vehicle (EV) yet in the South African market. Originating from China, the Dayun Yuehu will undergo a rebranding as the Dayun S5 Mini SUV upon its anticipated launch in South Africa by the end of 2024. This compact SUV, designed to accommodate four passengers,
Senegalese B2B E-Commerce Startup Maad Secures $3.2 Million in Seed Funding
Maad, a pioneering B2B e-commerce startup from Senegal, has successfully raised $3.2 million in seed funding, combining both debt and equity. This capital injection will fuel Maad’s growth within Senegal and support its expansion into other West African markets. The African B2B e-commerce sector is undergoing significant transformation, driven by increasing internet access and a
Flutterwave Faces Major Breach, Loses Up to ₦11 Billion
The prominent Nigerian fintech company, Flutterwave, experienced a significant security breach in April 2024, reportedly resulting in a loss of up to ₦11 billion ($27 million). This incident follows closely on the heels of the company’s successful court order to reclaim $24 million lost in unauthorized Point-of-Sale transactions, raising concerns about the robustness of its
Microsoft reinforces its commitment to South Africa with R1.3 billion investment to spur job creation
Johannesburg, South Africa – 21 May 2024: Microsoft South Africa is deepening its commitment to the country and job creation to spur SMME development, create local opportunities, growth, and ready the country for AI transformation. The company will invest more than R1.3 billion to unlock inclusive growth, contribute to building a digital economy, foster entrepreneurship, and
Telkom Foundation Inaugurates State-of-the-Art Cyber Lab at Refilwe Secondary School
The Telkom Foundation, in partnership with the Deputy Minister of Communications and Digital Technologies, Honourable Philly Mapulane, proudly announced the inauguration of a state-of-the-art Cyber Lab at Refilwe Secondary School in Metsanangwana, Sekhukhune Area, Limpopo Province. This significant event coincides with World Telecommunication & Information Society Day (WTISD) on May 17, 2024. Celebrated since 1969
LaunchBase PropTech Revolutionizes Off-Plan Property Marketing in SA
LaunchBase, an innovative marketing and property technology (prop-tech) startup, has developed state-of-the-art software that allows off-plan property developments to be showcased online for public review. Founded by Brad Morgan and Dean Lederle, LaunchBase aims to provide property developers with the necessary tools to achieve rapid pre-sale success. The platform leverages the combined expertise of its
Impala Platinum Announces R9 Billion Deal Enhancing Black Ownership
Impala Platinum, known as Implats, has announced a significant R9 billion deal to increase Black ownership in the South African mining industry. This agreement will result in Black investors holding a 13% stake in both Implats and the Royal Bafokeng Platinum (RBPlat) business it acquired last year. Implats, a Johannesburg-based company, secured control of RBPlat
Using AI to jumpstart or elevate your career
The rapid uptake of artificial intelligence (AI) tools like ChatGPT (OpenAI) and the recent launch of Copilot, integrated across Microsoft’s platforms, have raised concerns about the impact on employment. Fifi Sali, Human Capital Executive at Vuma, observes that while some jobs may be affected, individuals can use AI and automation to their advantage, unlocking opportunities
NIQ South Africa releases FMCG and Tech Durables sales data for Q1 2024
NIQ South Africa has released its latest State of the Retail Nation analysis for Quarter 1, 2024, revealing that South African consumers spent R112 billion in the quarter. This represents a year-over-year increase of R7.7 billion (7.3%), with ambient foods (including rice, sugar and UHT milk), soft drinks, beer and frozen meat among the most significant contributors
BDO announces key leaders in its Technology, Media, and Telecoms Sector, Elevating Female Leadership
Johannesburg, 21 May 2024 – BDO SA, proudly announces key specialists Donvé Forbes and Linda Peter as sub-sector leads within its Technology, Media, and Telecoms (TMT) sector. These strategic appointments underscore BDO's commitment to fostering diversity and empowering female leadership across the firm. Donvé Forbes, currently a Partner in Audit, will take on the role
Trend Micro Protects Consumers in the Age of the AI PC
Series of solutions and initiatives to be released throughout 2024 JOHANNESBURG, May 22, 2024 – Trend Micro Incorporated, a global leader in cybersecurity, today unveiled its plans for protecting consumers as they increasingly adopt generative AI applications alongside the expected growth in adoption of AI PCs. Designed to address the unique opportunities and risks posed by
Changing Landscape of Pension Funds in South Africa
In South Africa, pension funds, once integral to most employment agreements, are now less common. A recent survey of over 5,000 employees revealed that only 36% had access to a retirement fund, and alarmingly, only 7% of retirees felt adequately prepared for retirement. Despite this decline, the importance of pension funds for financial security cannot
Unveiling the Surge in Fraud Attacks: Insights from Experian's Latest Research Report
In the ever-evolving digital landscape, the Experian report highlights a significant number of losses attributed to online fraud. Johannesburg, 22 May 2024: At Experian’s annual Fraud Forum held last week in Johannesburg, industry experts convened to discuss the pressing trends, challenges, and priorities in fraud prevention as highlighted in Experian’s Defending Fraud Report conducted in partnership
DCC TECHNOLOGIES MEETS ALL GAMING CHALLENGES WITH NEW LENOVO LEGION LAPTOPS
Lenovo’s range of Legion gear has firmly established itself as one of the top choices for gamers looking to seriously up their game. Two new Legion gaming laptops are now set to light up the local gaming scene and are now available from official Lenovo distributor in South Africa, DCC Technologies. Gamers looking to tap
Embracing the Era of Automation: Revolutionizing Business Operations
In today's fast-paced world, automation stands as a pivotal concept, heralding an era of transformation for businesses worldwide. Spearheaded by technological advancements, automation empowers organizations to streamline operations, reduce costs, and enhance efficiency by executing tasks and processes with minimal human intervention. As articulated by Tumelo Komape, the significance of automation in reshaping business landscapes
The Entrepreneurial Journey: Lessons from a Challenging Experience
Imagine working tirelessly for an entire year without receiving a salary—the stress and anxiety this would cause you and your loved ones. This is the harsh reality many entrepreneurs face in their quest to build successful businesses. Reflecting on a personal entrepreneurial journey reveals a failure that, while haunting, is rich with lessons for aspiring
ATW24: Minister Mondli Gungubele stresses the importance of Digital growth and AI
One of the biggest technology conferences, exhibition & awards ceremony celebrating African Innovation, Sentech Africa Tech Week took place last week and Business Tech Africa was honoured to be the official media partner. One of the people that Business Tech Africa caught up with, is Minister of Communications and Digital Technologies Mondli Gungubele. During the
SAP Innovation Day Highlights AI and Cloud as Catalysts for African Business Growth
Today, technology and business leaders convened at the SAP Innovation Day in Johannesburg to explore strategies for revitalizing business growth through innovation. The event focused on how companies can overcome stagnation and ignite a wave of innovation to ensure long-term success. Navigating Volatility and Uncertainty Hans-Peter Fuelle, Chief Business Officer for EMEA at SAP, highlighted