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Huawei launches the Mate 50 Pro in South Africa — price and details
Huawei has announced the launch date and price of its next flagship smartphone, the Mate 50 Pro, in South Africa. In September 2022, the Huawei Mate 50 Pro will be introduced in the company's other main worldwide markets. The symmetrical body design of the premium smartphone is highlighted by a large aluminium alloy camera ring
Shutterstock has launched an AI picture generator that predicts how Julius Malema, Helen Zille, and Jacob Zuma will look like
Shutterstock is the latest business to develop an AI picture generator that allows users to generate images using text prompts. Shutterstock's Creative Flow toolbox, a media production and editing suite, includes the functionality. Shutterstock chief executive officer Paul Hennesy said the business has been working with strategic partners including OpenAI, Meta Platforms, and LG AI
<a>Trendsetting US unveils world’s first AI interns who are employed for 3 months</a>
There’s new trend that is making headlines in the United States of America where the world’s first artificial intelligence-powered interns have just been hired for a three-month stint. BusinessTech Africa has found out that tech marketing agency Codeword is onboarding two Artificial Intelligence interns to complete dull yet necessary tasks – Global News Wire reported.
Joburg's R401-million proposal to reduce three levels of load-shedding
The City of Johannesburg (CoJ) has launched an R400 million programme to reduce load-shedding by up to three stages and, eventually, to eliminate cyclical power interruptions in the city. Johannesburg Mayor Mpho Phalatse made the statements during a briefing in the Mayoral Parlour. She stated that the CoJ is considering establishing an infrastructure fund to
“Let us act to transform Africa’s cities”—African Development Bank President to African mayors
African Development Bank Group President, Dr Akinwumi A. Adesina, assures mayors at the African Mayoral Leadership Initiative (AMALI) of the Bank’s support to creatively and sustainably transform their cities The number of people living in African cities is predicted to double by 2050, from 600 million to 1.2 billion, reflecting the world's fastest pace of
<a>City of Cape Town delighted with R1,5 billion data centre investment </a>
Cape Town is now positioned to become a high-end technology hub as it launched a new Africa Data Centre facility this week. The Mother City is now well positioned for tech opportunities, so says Alderman James Vos, the city’s mayoral committee member for economic opportunities and asset management. Vos was speaking on the occasion of
Veteran journalist Thulasizwe Simelane joins Takatso Consortium
Takatso Consortium has announced the appointment of veteran television journalist Thulasizwe Simelane. Simelane’s hiring is aimed at ensuring that the deal involving Takatso and South African Airways is transparent and bolstering understanding of the Strategic Equity Partnership transaction. The aviation company is the one acquiring a 51% stake in SAA and it is 80% owned
<a>2023 African Mining Indaba in Cape Town promises to look at innovation</a>
This year’s Investing in African Mining Indaba is set to be held in Cape Town and the event will see the launch of a three-day InfraTech content platform. BusinessTech Africa understands that the indaba will include discussions on innovation in mining technology and how global pandemics and geopolitical realities act as accelerators in technological progress
SANDF deployment at Eskom stations costs South African taxpayer R200 million
The deployment of the South African National Defence Force at Eskom power stations is costing the taxpayer an amount to the tune of R200 million. The army was deployed to the struggling power utility’s power stations and elsewhere in the country for three months but it costs over R200 million. BusinessTech Africa has gathered that
Load Shedding crisis hits major banks, but they amplify plans to mitigate risks
Major banks in South Africa are already planning ahead as they look to navigate their way amid load shedding challenges. Banks such as Standard Bank, Absa, First National Bank, and Nedbank have amplified their efforts to cushion themselves against load-shedding. The quartet is recognised for being the leaders in the banking sector and they emphasised
Astral Foods: Load shedding hurting the South African poultry industry
Owing to the ongoing and devastating load shedding in South Africa, the poultry industry is severely hit and the finances may be decimated. According to the country’s largest poultry producer, Astral Foods, the company expects its earnings for the first half of its financial year to be decimated by ongoing disruptions caused by load shedding.
TymeBank and one of South Africa's largest retailers are undergoing significant transformations
TymeBank, a South African digital bank, has collaborated with The Foschini Group (TFG) to provide consumers with three new financial solutions for shopping and banking. Customers may now create a TymeBank TFG Money account in less than 5 minutes, with no monthly fees or paperwork, thanks to the installation of over 600 kiosks across TFG
IIASA CGI report on SA’s state of governance
According to the 9th edition of the Institute of Internal Auditors Corporate Governance Index (CGI) study, has revealed that in the past two years, organisations have been directing efforts to improve corporate governance ratings as part of their strategic priority objectives. These efforts have given reason for the country’s 2.9 CGI score in 2022, a slight
Eskom pursuing Tshwane over R1.4 billion energy debt
Eskom claims the City of Tshwane's (CoT's) electrical debt has risen to R1.4 billion after a string of late and missed payments in recent months. The electricity provider stated that the CoT's debt exacerbates its cash flow issue, since it is owed around R57 billion by non-paying consumers. Tshwane failed to pay its R680 million
The worst-performing power station in Eskom, where workers fear for their lives
According to Eskom CEO Andre de Ruyter, the power provider is implementing a recovery plan to restore as many megawatts as possible to the grid as quickly as possible – but the plan is contingent on everything going well, including fixing difficulties at its worst-performing power plant, Tutuka. De Ruyter told the Standing Committee on
Cape Town has announced funding for its power system
Cape Town Mayor Geordin Hill-Lewis announced the city can now pay cash for power fed into the local power grid. The system would initially be provided to companies before becoming available to Cape Town citizens. Participants will be compensated for selling extra electricity into the Cape Town grid. This comes after the National Treasury excused
Nigeria opens West Africa’s largest deep sea port in partnership with China
The Nigerian government has opened a game-changing seaport as it looks to ease congestion at the country’s ports. Nigeria unveiled a billion-dollar, Chinese-built deep seaport in Lagos, which will help it become an African hub for trans shipment, handling cargoes in transit for other destinations. Opened by President Muhammadu Buhari earlier this week, he has
Changes are on the way for science, engineering, and technology subjects in South African schools
Blade Nzimande, Minister of Higher Education and Training, says South Africa's universities and Technical Vocational Education and Training (TVET) institutes are prepared for the influx of new students in 2023. Universities are constantly enrolling new students, with the total number of enrolments in the public university sector expected to exceed 1.1 million for the 2023
The Reserve Bank is testing a new payment system in South Africa that will be launched this year
In South Africa, BankservAfrica is now developing a new rapid payments programme (RPP) infrastructure. The new method is part of the South African Reserve Bank's (SARB) Vision 2025, which aims to simplify and make real-time payments more economical and efficient – even for individuals who do not have a bank account. To summarise, it will
US NTSB lashes out at Ethiopian Airlines for a false report on 2019 Boeing crash
The United States National Transportation Safety Board (NTSB) has announced that Ethiopian Airlines lied about the cause of the 2019 crash. The Boeing 737 Max crash killed all the 157 passengers on board as it crashed outside Addis Ababa. According to the NTSB, Ethiopian authorities falsely claimed the jetliner had an electrical failure and the