Convergence Partners Investments rebrands, appoints new CEO

Convergence Partners Investments, the deep tech investor started by Andile Ngcaba in 2003, has rebranded to Solcon Capital. Under the new brand, Solcon will focus on international deep tech investments in generative artificial intelligence (AI) and large language...
Generative AI could expand by 10-times by 2028

Generative AI could expand by 10-times by 2028

The popularity of ChatGPT has spawned an array of startups and kicked off a race by major technology providers to compete for mindshare. Revenues of generative artificial intelligence (AI) technology offerings are forecast to reach $3,7-billion in 2023 and expand to...

Enterprise, industrial metaverses exceed expectation

Companies that have already deployed industrial metaverse use cases are seeing more reported benefits than those still in the planning phase expect, most notably in capital expenditure reduction (15%), sustainability (10%) and safety improvement (9%). This is...

IT leads prepare for possibility of grid failure

CIOs and IT leaders are under pressure to prepare their organisations for the possibility of extended load shedding or a complete grid failure, however few would be able to sustain business as usual through extended power outages. This emerged during a high-level...

Telkom considers acquisition bid

Telkom has confirmed that it has received an unsolicited non-binding indicative letter from the Afrifund Investments for the acquisition of a controlling stake in Telkom. Afrifund Investments is a consortium led by former Telkom CEO Sipho Maseko, comprising Axian...

Retirement trends shift as life expectancy increases

Life expectancy increased from an average of 48 to 73 years between 1950 and 2019 and the United Nations forecasts further increases, estimating that global average life expectancy will reach about 81 years by 2100. Longer lifespans are causing individuals,...