IBM bridges cloud, on-premise worlds

IBM has announced a new IBM Cloud Private software platform that could help companies unlock billions of dollars in technology investment in core data and applications, and extend cloud-native tools across public and private clouds. IBM Cloud Private software is...

Vehicle sales up, but dealers feel the pinch

South Africa’s new vehicle market grew by an aggregate of 4,6% in October, year-on-year, according to the latest sales data from the National Association of Automobile Manufacturers of South Africa (Naamsa). While this growth appears significant, and in...

$5m investment for Direct Pay Online

Direct Pay Online Group (DPO) has received a second investment of $5-million from the UK-based private equity fund, Apis Partners. This investment, which follows the initial $10M investment made last year, will be used to fuel DPO Group’s ambitious strategic...
AI spending set to boom

AI spending set to boom

Spending on cognitive and artificial intelligence (AI) systems in the Middle East and Africa (MEA) will grow an impressive 31,8% this year. The recently updated “Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide” from...

R4m for SA’s top BEE fintech startups

Four black-owned South African financial services startups have each won R1-million at a pitching event hosted by AlphaCode. The broad-based black economic empowerment (B-BBEE) pitching event is an initiative of Merrill Lynch South Africa and Royal Bafokeng Holdings...

Technology key to oil and gas growth

The oil and gas industry in Africa continues to face market challenges arising from the low oil price, competition for revenue growth and local talent together with new expectations from investors and regulators. “Africa’s oil & gas industry is...