ICT leads as SA hits R3bn in VC investments

In 2023, South Africa’s venture capital performance defied the downward trend in annual deals seen since 2020, with the information and communication technology (ICT) sector once again stealing the show. This was one of the key insights to emerge from this...

Asia sees fastest AI growth

Although the US is home to the world’s largest artificial intelligence (AI) giants, Apple, Microsoft, Nvidia, Alphabet, Meta, and Tesla, which continue shaping the global AI landscape, the US artificial intelligence industry is not the largest or the fastest...

UN Global Compact, AU Commission partner to boost African business

The United Nations Global Compact and the African Union Commission will partner up on the Global Africa Business Initiative (GABI). Through this collaboration they will seek to amplify the impact of sustainable business practices across Africa through the UN Global...

African Development Bank approves R18,85bn for Transnet recovery

The African Development Bank Group has approved a R18,85-billion corporate loan to Transnet for its recovery and growth plans. The 25-year loan approved by the bank group’s board of directors is fully guaranteed by the government of South Africa. It will...

Updated: Faulty security update behind global IT outage

Businesses around the world have been hit by a massive outage this morning, as Microsoft Windows machines fail to boot up. Ironically, the cause is believed to be a faulty update in Crowdstrike security software. Airports, hospitals and media companies are among the...
Employees run high burnout risk

Employees run high burnout risk

A worryingly high number of employees are at a high risk of burnout. And, without a plan to improve employee health and wellbeing, or assistance from AI and other technologies, organisational burnout risk spreads from managers to employees – a potential domino...