Major banks in blockchain test

Practical tests involving the South African Reserve Bank, ABSA, Standard Bank, Nedbank, FirstRand, Investec, Capitec and Discovery Bank, driven by technical partner ConsenSys, to determine how the Rand can be tokenised and how a national payments system can be better...

AI research centre for Africa

Google is to open a new artificial intelligence (AI) research centre in Africa. The centre, which will be based in Accra, Ghana, will bring together top machine learning researchers and engineers and will be dedicated to AI research and its applications....
New coal power will cost SA billions

New coal power will cost SA billions

A study by the University of Cape Town’s (UCT) Energy Research Centre (ERC) has revealed that newly built coal power plants will add billions to South Africa’s power bill over the course of their lifetime, and force cheaper and cleaner renewable-energy...

Spend on digital transformation to breach $1tn

Worldwide spending on the technologies and services that enable the digital transformation (DX) of business practices, products, and organisations is forecast to be more than $1.1-trillion in 2018, an increase of 16.8% over the $958-billion spent in 2017. DX spending...

5G on a roll, cellular IoT ramping up

Commercial rollouts of 5G and larger than previously forecasted deployments of cellular IoT are focal points in the latest edition of the Ericsson Mobility Report. The forecast for cellular IoT connections has nearly doubled since November 2017. It is now expected to...

Gig Economy offers youth opportunities

For South Africa’s youngest citizens finding a job remains an enormous challenge. While the country’s official unemployment rate is now 27.7%, the most affected group by far are young people under the age of 35, as a staggering 38.6% of youth are currently...