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EasyPay Everywhere Empowering South African Families with Financial Solutions
As families and mothers celebrate International Day of Families and Mother’s Day this May, EasyPay Everywhere is emphasizing the crucial role of effective financial solutions in the current economic landscape. These solutions are designed to help mothers and families better manage their finances. Statistics South Africa reports that nearly 43% of South African households are
HONOR Releases MagicOS 8.0 for Magic V2 Series
The global technology leader, HONOR has officially launched MagicOS 8.0 for its HONOR Magic V2 Series. Starting today, users of the HONOR Magic V2 and PORSCHE DESIGN HONOR Magic V2 RSR can download the update directly from their device's Settings menu. Built on Android 14, MagicOS 8.0 introduces an AI-driven intent-based user interface (IUI) with
Harnessing AI-powered telehealth to supercharge employee wellbeing
The fusion of technology and healthcare has reshaped how organisations approach employee wellness, and telehealth is at the forefront of this change. Daily, approximately 15% of South African employees miss work, costing businesses between R12 billion and R16 billion a year. What’s more, it's estimated that up to 25% of all employees in South Africa
JBS Innovation Lab: Pioneering Transformative Impact
Innovation is not just a buzzword at the JBS Innovation Lab, Johannesburg Business School (JBS), University of Johannesburg (UJ); it is a culture, a driving force propelling the symbiotic relationship between education, research, and real-world application. As the University looks back on the strides made in 2023, it is evident that the JBS Innovation Lab
Trend Micro Enhances Cybersecurity Platform with AI-Powered Capabilities
Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity, has announced significant enhancements to its platform, incorporating advanced AI-powered functionality aimed at securing organizational use of AI and managing the associated risks of widespread AI adoption. As the RSA Conference 2024 approaches, Trend Micro's Co-founder and CEO, Eva Chen, is steering the
FairMoney Recognized as One of Africa's Fastest-Growing Companies by Financial Times
FairMoney, Africa's leading neobank, has been named one of the fastest-growing companies in Africa by the Financial Times. This ranking, developed in collaboration with Statista, highlights FairMoney's remarkable and resilient growth since its inception in 2017. Between 2019 and 2022, FairMoney demonstrated category-leading growth, underscoring its commitment to expanding services that drive financial inclusion and
Congo Unveils National Data Centre Project with African Development Bank Support
The Republic of the Congo has announced the construction of a new three-storey building in Brazzaville's Bacongo district, set to house the country's National Data Centre. This facility, financed by the African Development Bank, will serve as the central hub for storing and processing the nation's digital data and that of its citizens. As part
Bokra is revolutionizing Financial Goals for Retail and SME Investors
Bokra is poised to transform how retail and SME investors manage their finances, offering innovative solutions to save and invest across diverse asset classes. The platform addresses key challenges faced by merchants and SMEs, including the lack of personalized investment planning, fragmented investment applications, opaque fee structures, and the high costs associated with physical assets.
Jumia Gambles on Nigeria Amid Economic Hurdles, Striving for Profitability
Amidst Nigeria's economic challenges, African e-commerce giant Jumia is committed to its expansion and profitability goals within the country. Francis Dufay, CEO of the Nasdaq-listed company, has revealed plans to optimize operations by consolidating Jumia’s three existing warehouses into a single, expansive 30,000-square-meter facility in Lagos. This strategic move aims to cut costs while enhancing
MTN celebrates 30 years and looks towards 2054
Three decades ago, South Africa was at a critical juncture. While grappling with the remnants of the past, it also stood on the edge of democracy and a brighter future. Established in the same year that the country became a democracy, MTN was positioning itself to be a key player in the process of introducing
Cathay marks a year of solid progress in its pursuit of sustainability leadership
As Cathay continues to take important strides towards establishing itself as a sustainability leader, it is pleased to announce the release of its 2023 Sustainability Report, which underscores its ongoing commitments and progress in achieving its sustainability goals together with its customers, business partners, regulators and people. Chief Executive Officer Ronald Lam said: “Sustainability is
TBD Expands in Africa, Adding Chipper Cash to Growing tbDEX Ecosystem
TBD part of Block, which is focused on creating open and decentralized technologies to connect the financial world, today announces that leading African fintech Chipper Cash has integrated with the tbDEX protocol to power cross border payments and decentralized identity use cases for individuals and businesses on the African continent. “Across Africa, the challenges of currency
Lenovo Advances Hybrid AI Innovation
Lenovo announced a comprehensive new suite of purpose-built AI-centric infrastructure systems and solutions to advance Hybrid AI innovation from edge to cloud. Lenovo is delivering GPU-rich and thermal efficient solutions intended for compute intensive workloads across multiple environments and industries. In industries such as financial services and healthcare, customers are managing massive data sets that
QFZ and FedEx Logistics Sign MoU to Establish a Regional Logistics Facility in Qatar
Qatar Free Zones Authority (QFZ) and FedEx Logistics, a subsidiary of FedEx Corporation (NYSE: FDX), signed a Memorandum of Understanding (MoU) to facilitate the establishment of a regional logistics facility in Qatar’s free zones. The facility, which will operate under the company’s FedEx Trade Networks Transport & Brokerage division, will be located at Ras Bufontas
Westcon-Comstor Promotes Rakesh Parbhoo to Executive Vice President for MEA Region
Westcon-Comstor, a global technology provider and specialist distributor, has announced the promotion of Rakesh Parbhoo to the newly created position of Executive Vice President (EVP) for its Middle East and Africa (MEA) business. Westcon-Comstor is renowned for connecting the world's leading IT vendors with a network of technology resellers, systems integrators, and service providers. In
Crypto sector is focused on getting SA off the greylist
South Africa is making progress in addressing the factors that contributed to the country being placed on the Financial Action Task Force (FATF) greylist in 2023. Crypto industry leaders are playing their part in efforts to have the country removed from the list. This is according to Luno, a licensed financial service provider and South Africa’s
Veeam Announces Support for Proxmox VE at VeeamON 2024
Veeam® Software, the leading company in Data Protection and Ransomware Recovery, has announced the upcoming support for Proxmox VE, a popular request from its small and medium-sized business (SMB) customers and service providers. This new data protection capability will be showcased live for the first time during VeeamON 2024, which will take place from June
Capital Connect Study Reveals Opportunities for Retail Growth in South African Winter
Conventional wisdom suggests that winter is typically a slow period for retail trading in South Africa. However, a comprehensive big data analysis commissioned by Capital Connect, a fintech providing rapid and flexible business funding to South African retailers, reveals a different trend: retail sales often increase during the winter months following a quiet autumn. The
HONOR Announces Android 15 Beta 1 Availability for Developers
Global technology brand HONOR has announced that Android 15 Beta 1 is now available for its developers as of May 10th. The HONOR Magic6 Pro and HONOR Magic V2 are the first devices to receive this update. This program grants HONOR developers early access to the latest Android updates, enabling them to test new features
South African Agricultural Machinery Sales Decline Amid Economic Challenges
The latest data from the South African Agriculture Machinery Association (SAAMA) indicates a significant drop in agricultural machinery sales, reflecting the broader economic difficulties and challenging operating conditions. This downturn marks a correction in the market following a period of impressive growth in the three years preceding 2023, driven by favourable harvests and strong commodity