Nvidia MLPerf training results demonstrate performance, elasticity

The full-stack Nvidia accelerated computing platform has demonstrated high performance in the latest MLPerf Training v4.0 benchmarks. Nvidia more than tripled the performance on the large language model (LLM) benchmark, based on GPT-3 175B, compared to the...

Young South Africans are buying fewer houses

South Africans under the age of 35 years old are buying fewer houses than before – but they are paying more for them. Data from Lightstone shows that the decline in volumes is proportionately sharper than the overall fall in property purchases over the last six...

R2bn funding positions Africa Data Centres for growth

Africa Data Centres has unlocked funding that will allow it to expand data centre capacity and meet the growing demand for cloud computing services in South Africa. This was facilitated through a bespoke financing solution arranged by RMB. “This funding is a...

BCX launches Africa Local Public Cloud in Mozambique

BCX has launched it Africa Local Public (ALP) Cloud services, powered by Alibaba Cloud’s technology, at MozTech in Mozambique. Jonas Bogoshi, CEO at BCX, comments: “The collaboration between Alibaba Cloud and BCX allows us to bring the latest technologies...

Payfast by Network partners with JP Morgan Payments

Network International has extended its partnership with JP Morgan Payments to facilitate e-commerce transactions for South African customers. This will be accomplished by leveraging Payfast, Network’s online payments solution, so JP Morgan Payments can...
Young Saffers still battle to access finance, despite fewer defaults

Young Saffers still battle to access finance, despite fewer defaults

As South Africa commemorates Youth Day, the spotlight falls on the financial health of young consumers and their ability to leverage credit as a tool for empowerment. Experian’s Consumer Default Index (CDIx) for Q1 2024 reveals a complex picture for young South...