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Lebogang Chaka: 'Meet me in the Metaverse of business value'
Johannesburg – The pace and scale of technological change are racing ahead at perhaps the most incredible speed seen in human history, transforming how we live and work. New tools and technologies are creating a workplace future very different from the status quo and far more advanced than the one the tools were initially designed
Slack’s new Canvas feature puts a document editor in your chat window
Slack is becoming a document editor. The Salesforce-owned company announced today at its developer conference that it is building a new feature, called Canvas, that will let users create and edit full docs from within the Slack interface. It’s one of Slack’s biggest announcements in a while and maybe its biggest departure ever from its email-killer
International collaboration critical to accelerate transition to sustainable energy future
The International Energy Agency (IEA) in its 'Breakthrough Agenda Report 2022' says international collaboration will be critical to successfully transition to sustainability, given the global scale and fast pace of change that is required. "Action by governments and businesses individually is necessary, but not sufficient. Well-targeted international collaboration can make low-carbon transitions faster, less difficult
MTN and Ericsson launch 5G services in the continent
MTN and Ericsson have announced a successful launch of the 5G services in across Africa. Ericsson and MTN Nigeria have reached a historic milestone with the successful launch of 5G services. This landmark deal is the result of a fruitful collaboration spanning 21 years reaffirming a rich culture of partnerships between the two parties. The
South Africans might have to get permits and licensing for the use of WiFi, says new draft policy
Telecommunications minister, Khumbudzo Ntshavheni says South Africans may in future want to license the use of WiFi, at least in some parts of the country. And regulator the Independent Communications Authority of SA must keep looking at the possibility of doing so, later if not sooner. Ntshavheni recently published the "Next Generation Radio Frequency Spectrum Policy
5 rules for fixing AI in business
Companies struggle to use AI to improve the way their businesses operate, a challenge that can be mitigated by following five rules. There are two faces to the machine-learning component of artificial intelligence algorithms. There are the gee-whiz competitions in which data grand masters, given fixed rules, design algorithms that set in motion a race
New SME banking platform by Lulalend gets go ahead
The South African Reserve Bank has given its regulatory approval for a new partnership designed to exclusively serve the SME sector. The collaboration has been developed through a partnership between Lulalend and Access Bank South Africa Ltd. The new platform, called Lula, has been specifically designed to address the most common challenges SMEs face when
Air Belgium returns to South Africa after 20 years, flights between Jozi and Cape Town
The South African airspace has a new airline and that is none other than Air Belgium which returned to fly routes between Johannesburg and Cape Town. Air Belgium has launched in South Africa, marking the airline’s first foray into Africa and according to the airline, flights on its modern A330neo will depart Brussels every Wednesday and
Ignatius Sehoole appointed KPMG Africa chairperson
Professional services firm KPMG South Africa CEO Ignatius Sehoole has been appointed as the chairperson of KPMG Africa and a member of the KPMG Global board, with effect from 1 October. “In this role, Ignatius will implement a collective approach where clients will see KPMG’s Africa firms work together to represent the continent and have the ability
Drop in agribusiness confidence shows sector is facing challenges, but remains on sound footing
The Agribusiness Confidence Index (ACI), published by the Agricultural Business Chamber of South Africa (Agbiz) and the Industrial Development Corporation, deteriorated by seven points to 53 in the third quarter. “The third-quarter results present a picture of a sector that remains on a sound footing, but one that is confronted with a range of challenges,”
Uber apparently hacked by teen
Uber says it’s investigating a “cybersecurity incident” amidst reports that the company’s internal systems have been breached. The alleged hacker, who claims to be an 18-year old, says they have administrator access to company tools including Amazon Web Services and Google Cloud Platform. The New York Times reports that the ride-hailing business has taken multiple internal systems,
Drought, high costs bring U.S. berry giants to Canada's maple syrup land
A swath of Canada better known for maple syrup is being tested to mass produce berries normally grown in warmer locales, making it the unexpected beneficiary of extreme weather, local demand and rising costs in traditional growing areas like California. Driscoll's and grower-owned Naturipe Farms LLC, two of North America's largest fruit sellers, are both
Eskom wants South Africans to pay 32.02% more for electricity
On the eve of public hearings about Eskom’s application for a 32% tariff increase next year, it has become clear that energy regulator Nersa will have little room to deviate from Eskom’s numbers and limit the increase substantially. Independent economist Elize Kruger earlier said such an increase will have a hugely negative impact on the
Africell Wins the Inaugural Tech Freedom Award by the Krach Institute
Africell has announced that they have won the inaugural Tech Freedom Award by the Krach Institute for Tech Diplomacy at Purdue. Africell has been named by The Krach Institute for Tech Diplomacy at Purdue as inaugural corporate winner of the Tech Freedom Award. The award is presented to a company that exemplifies the Institute’s mission
SA petroleum regulator: Total Energies could boost the economy by R8 billion
The South African petroleum regulator says Total Energies 11B/12B offshore gas field could make a direct annual contribution of at least 8 billion rands ($457 million) to the country’s coffers. It is reported by Independent Media Online, that the country’s regulator said this on Thursday and this is not just the overall GDP contribution but
ACSA registers R1billion losses but bosses say ‘they’re on the road to recovery’
State-owned Airports Company South Africa (ACSA) has tabled its financial report but things are not going well as they reported a loss of R1 billion for the 2021/22 financial year. The losses are an improvement on the R2.6-billion loss reported in the previous financial year according to its officials. ACSA CEO Mpumi Mpofu was speaking
United States swiftly bans poultry imports from Botswana due to avian influenza
The United States Animal and Plant Health Inspection agency has decided to ban poultry meat, live birds, and all poultry products from Botswana. The US announced a ban to immediately curb the spread of highly pathogenic avian influenza (HPAI) as it was reported on some poultry farms in that country. As part of the ban, the announcement
Republic of Congo gets its first ever marine protected areas
The Republic of the Congo has created three marine protected areas (MPA) — its first-ever — protecting over 4,000 square kilometres of marine resources. MPAs provide for community fishing zones and are a tool against illegal and unregulated fishing. The country encompasses an extraordinary diversity of wildlife. The creation of MPAs was supported by non-governmental
Energy and oil giant Shell CEO Ben van Beurden to step down at the end of 2022
Britain’s energy company, Shell, has announced that CEO Ben van Beurden is set to step down at the end of 2022 to allow a new leader. The energy giant also announced that head of integrated gas, renewables, and energy solutions director Wael Sawan will take over from van Beurden who vacates his office after nine years
FNB delivers strong results with good credit and deposit performance
September 2022 – FNB delivered a strong set of financial results for the financial year ending 30 June 2022, as 10.96 million customers continued to place their trust in our ability to help them with their financial, business and lifestyle needs. Our performance was driven by more customers, increased transactional volumes, strong deposit growth, lower impairments,