Is this the start of a ‘crypto arms race’?

The Trump administration’s exploration of the creation of a national Strategic Bitcoin Reserve (SBR) could signal the dawn of a global “crypto arms race”. The prediction from the deVere Group CEO Nigel Green comes after President Donald Trump announced that his...

Meta ups the infrastructure stakes with $65bn investment

Meta Platforms CEO Mark Zuckerberg has announced that the company plans to spend up invest in artificial intelligence (AI) infrastructure to the tune of $65 billion this year. Part of this investment will include more AI hires and a new 2-Gigawatt data centre....

DTI attempts to allay Empowerment Fund fears

The Department of Trade, Industry and Competition (the dtic) says the new R100-billion Transformation Fund is not a new tax, but rather a way of facilitating existing broad-based black economic empowerment (B-BBEE) commitments. In a statement, the DTI says the...

World leaders outline bold visions for the future

US President Donald Trump outlined his strategy to bolster the US economy and “unleash” investment in a wide-ranging speech via live video link to around 3 000 global leaders at the World Economic Forum Annual Meeting in Davos. The newly inaugurated president pledged...

Icasa approves transfer of Cell C licences

Cell C has obtained Independent Communications Authority of South Africa (Icasa) approval to transfer control of the relevant telecommunications licences that it holds to Blue Label subsidiary The Prepaid Company. Although the licences will continue to be held by Cell...
UP hosts new Centre for the Fourth Industrial Revolution

UP hosts new Centre for the Fourth Industrial Revolution

The World Economic Forum is set to launch four new Centres for the Fourth Industrial Revolution (C4IR), including C4IR South Africa at the University of Pretoria (UP). The newly-announced Centres in Pretoria, Muscat (Oman), Riyadh (Saudi Arabia) and Uttar Pradesh...