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Huawei’s Sustainable Advertising Solution Enables ayoba to Expand Acquisition to More Markets Outside of South Africa
In the ever-evolving landscape of mobile apps, users are constantly seeking enhanced convenience and seamless experiences. All-in-one apps have emerged as popular solutions, combining multiple functionalities within a single platform. To further elevate user experiences, app marketplaces such as AppGallery and online advertising platforms such as Petal Ads have joined forces with multifunctional apps to provide brands and app
Ellies wants to make a transformation with Bundu Power acquisition
Ellies is currently planning on transforming to become a smart infrastructure business that focuses on alternative energy supply, backup water systems, and smart home technologies through its acquisition of Bundu Power. Founded by Ellie Salkow in 1979, Ellies started with only five employees, selling only television aerials. The company then created Elsat with the advent
Pothole Patrol app gets an AI upgrade
Discovery Insure has upgraded the system to the Pothole Patrol mobile app, including advanced artificial intelligence (AI) software on it to make it easier for users to identify road defects and potholes. Since the app was launched, it has led to almost 175 000 potholes in Johannesburg being fixed. A statement revealed that the app
Authors Sue OpenAI, Claims Mass Copyrights Infringement Of Thousands Of Novels
OpenAI is facing yet another lawsuit, the artificial intelligence has been sued by two US authors in San Francisco federal court over its unauthorised collection of information across the web to train its artificial intelligence chatbot. The authors claim that ChatGPT infringes on the copyrights to their novels. On Wednesday the San Francisco federal court
Clinical study in South Africa to evaluate an investigational drug for the treatment of COVID-19
South Africa is one of 20 countries in the world to participate in a clinical study of an investigational drug for the treatment of COVID-19 and its effect on Long COVID symptoms. South Africa has experienced just over four million confirmed cases of COVID-19 since 2020, according to the World Health Organisation1. Well-organised clinical
Luxury Car Brand Porsche Plans a R400 B Go-Electric
The German automobile manufacturer which specialises in high-performance sports cars, SUVs and sedans, plans on spending € 20 billion (R409-billion) to equip models which include its planned new Cayenne sport utility vehicle with top-line electric and digital technology to bolster returns. The car brand is joining the battery technology, Wednesday CEO Oliver Blume said that the
Tiger Global- Backed Start-Up Union54 Joins Africa’s Super App Race
An African start-up Union54 is being backed by Tiger Global Management as they enter the race development super app. As the investors are looking at the continent’s ever-evolving technology-savvy market. According to Union54 founder and CEO Perseus Mlambo, the new ChitChat app offers secure messaging paired with dollar-based virtual cards that it developed in partnership
Government of Ghana is said to have reached an agreement with banks to restructure USD1.4bn of locally issued USD bonds
Nigeria: Yesterday, the World Bank published its bi-annual Development Update for Nigeria, titled ‘Seizing the opportunity’. The Bank noted that removal of the petrol subsidy and foreign exchange management reforms are crucial measures to begin to rebuild fiscal space and restore macroeconomic stability, and that the opportunity should be seized to take further necessary policy reform
BMW set to build plug-in hybrids in South Africa
BMW Group has announced that is planning on building its new X3 model in South Africa from 2024, investing R4.2-billion to electrify its plant in Rosslyn. In a statement, the company said from 2024, they will be producing the BMW X3 in South Africa as a plug-in hybrid and export it all over the world.
MTN SA working on generating own electricity
MTN SA has revealed that it is currently working on becoming a standalone Independent Power Producer (IPP) by harnessing the power of multiple generation technologies that are going to include additional solar, gas and battery energy systems, in one plant at its head office in Fairlands, Johannesburg. The telecoms company said in a statement that
Eskom has reduced load shedding to Stage 1 during the day, while Stage 3 continues in the evenings
In a statement yesterday, the utility announced a slight reduction of power cuts for the next two days from Stage 2 to Stage 1 between 05:00 and 16:00. Thereafter, Stage 3 will continue to be implemented in the evenings from 16:00 until midnight and be suspended between 00:00 and 05:00. As of yesterday, breakdowns stood
Visa Player of the Match Will Deliver a Win for Women-Owned Businesses at FIFA Women’s World Cup™
Visa celebrates the story behind the numbers driving success for women in business and sport with $500,000 in small business grants. According to Visa data, sports participation played a huge role on the success of 82% of women small business owners. Numbers permeate every aspect of business and sport, telling a story of inspiration, perseverance,
JUWI Projects has 400 MW of EPC projects to Drive Clean Energy For SA Mines
The global solar, wind and hybrid project developer, EPC and operations and maintenance company, JUWI Renewable Energies, has announced that it currently has 400 MW of EPC projects in advanced stages of development for mines in South Africa. This comes just after the financial close of the 89 MW Castle Wind project by the African
popular driving app Waze hit by Job cuts
Google recently made an announcement that is cutting jobs at the mapping app, Waze. This is taking place as a resulting of the company merging the app’s advertising system with Google Ads technology, without giving details on the number of layoffs. Google acquired Waze for close US$1.3-billion back in 2013, and they revealed that in
Paratus currently building its biggest data centre
Paratus Group is set to build Angola’s first tier-4 “by design” data centre in Luanda, Angola. ICT infrastructure specialist mentioned that this new data centre is set to complement the two data centres the pan-African company owns and operates in Angola. This will be the fifth data centre that will be operated by the group
Hacking group that has ties to Africa may be a Russian proxy
A hacking group that has been said to be the cause of a series of outages at Microsoft sometime this month, and had spent the previous months attacking targets in Israel, Sweden and other nations, could be part of an expanding campaign that some cybersecurity researchers have tied to Russia. The group “Anonymous Sudan” defines
Formal non-agricultural employment fell in Q1 23 while real employee earnings remained under pressure
Stats SA published its Q1 23 Quarterly Employment Statistics (QES), its enterprise-based survey of formal non-agricultural jobs and employee earnings trends. Total formal non-agricultural employment fell by 21k in Q1 23, largely driven by job losses in domestic trade (-36k) and the ‘financial intermediation and business services’ (-32k) sectors, with the decline in the former
KENYAN PRESIDENT SLAMS 'UNFAIR' GLOBAL LENDING SYSTEM
Kenyan President William Ruto does not hold back when describing the global lending system: it is "unfair, it's punitive, it doesn't give everybody a fair chance". Ruto made his blunt assessment in an interview with AFP on the sidelines of a two-day summit in Paris seeking to revamp the international financial order to better help
Company liquidations data continue to show no strong signs of worsening business strain despite the power crisis
Company liquidations continued their declining trend in May . Stats SA data published yesterday revealed that the total number of liquidations declined by a further 6.2% m/m sa in May (Figure 1). On an annual basis, total liquidations were down 19.7% y/y, following an 18.8% fall in April. Cumulative company liquidations until May this year
FNB warns of a rise in phishing and smishing attempts against unwary consumers
FNB warns consumers about an increase in phishing and smishing attempts on unwary customers. Phishing is a type of cybercrime in which people are duped into providing sensitive information such as login credentials, passwords, PINs, card details, or ID numbers by using deceptive techniques such as fake emails and websites. Smishing is the use of