Banks expect to hand decisions to AI – even if they can’t explain them

Banks are racing toward a future where AI no longer merely informs key credit, treasury, and risk decisions – it makes them autonomously. Yet AI governance is not keeping pace with adoption, according to new AI risk research by FT Longitude, SAS and Microsoft. Even as...

Mankind’s first journey to another star set for 2029 launch

Plans are underway for mankind’s first journey to another star – a trip that is expected to take about 80 000 years. The Fermi Explorer Mission, a nonprofit organisation, hopes to set off for Alpha Centauri by 2029. The more than 40-trillion kilometre journey is...

IT spend will breach $7trn for the first time in 2027

Worldwide IT spending is expected to reach $7,35-trillion in 2027, up 15% from 2026, according to the latest forecast by Gartner. “Collectively, the market forces are reinforcing spend around AI infrastructure, AI-enabled cloud platforms, and advanced software...

As African CEOs embrace AI, ROI is still elusive

By Kathy Gibson - African companies are in the middle of learning and adopting artificial intelligence (AI), and adapting to the changes it brings. But they are also looking beyond adoption at how to measure value from their AI investments, says Ladi Asuni, partner...

Stalled career growth drives top talent to quit

There’s a talent crisis building inside organisations. While employment statistics point to a cooling labour market, data from Workday’s new iteration of its Global Workforce Report shows a different kind of pressure building inside companies: a continued exodus of...

The path to growth and efficiency for African banks

Leading banks are reshaping their operations to deliver sustainable growth and cost efficiency. This is according to a new KPMG report, “Banking Transformation: The New Agenda”. Drawing on a global survey of 228 banking leaders, it outlines practical strategies for...

Coalition aims for AI that is secure by design

The new Coalition for Secure AI (CoSAI) is an open-source initiative designed to give all practitioners and developers the guidance and tools they need to create Secure-by Design AI systems. CoSAI will foster a collaborative ecosystem to share open-source...

IBM, Fermilab partner on quantum initiatives

The addition of IBM as a new partner in the Superconducting Quantum Materials and Systems Centre, a DOE National Quantum Information Science Research Centre hosted by Fermilab, has been approved by the US Department of Energy Office of Science, Science Programs. As a...

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 year's...

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 growing....

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 facilitate...

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

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 effect...

More News Today

Telecom market predictions for 2020

In the face of subscribers’ growing expectations and a demanding business community that relies on robust telecoms for their own digital initiatives, communications service providers (CSPs) are continuing to transform what they do and – even more important – how they...

Cloud, AI, RPA move into call centres in 2020

As more businesses face the technical realities of digital transformation and advance towards 4IR, the customer experience is always front-of-mind – and it is little wonder the call centre has emerged as the frontline of technology-driven, fully automated service...

Powering Africa through technology

Africa has become a shining beacon for technology investment and innovation, unlocking the continent’s economic potential and driving transformation. Today, many of the world’s multinationals have a presence on the continent which is undoubtedly indicative of...

VMware commits to innovating for good

VMware has released its annual Global Impact Report, detailing progress towards its 2020 vision to serve as “a force for good” across its three Global Impact pillars of products, planet and people. Some of the highlights include:   Product: Create technology that...

Epson achieves EcoVadis Gold for CSR

Epson has been awarded a Gold rating for CSR by independent assessors EcoVadis for the third year in succession. The top rating also acknowledges Epson as being “Outstanding” in Sustainable Procurement and highlights its excellent achievement in Labour and Human...

Uganda, Ghana, Botswana lead with women-owned businesses

Uganda, Ghana and Botswana are ranked as the top three countries with the highest percentages of women-owned businesses across the 58 markets evaluated around the world in the third edition of the Mastercard Index of Women Entrepreneurs (MIWE). Based on publicly...

What to expect from ransomware in the new year

Ransomware has become big business, generating estimated annual revenues of $1 billion a year for malicious threat actors. The victims of ransomware continue to stack up as criminals develop new, more creative ways to infiltrate IT environments, seize data and hold...

Swift opens KYC Registry to corporates

Swift has opened its global Know Your Customer (KYC) registry to Swift-connected corporate groups, enabling them to manage and share KYC data with their banking partners across the globe. The go-live for corporates follows a successful testing period with 18 leading...

HPE debuts Kubernetes-based platform

Hewlett Packard Enterprise (HPE) has announced the HPE Container Platform, an enterprise-grade Kubernetes-based container platform designed for both cloud-native applications and monolithic applications with persistent storage. With the HPE Container Platform,...

Secure payroll data in the cloud

As with the majority of business software, HR and payroll solutions are increasingly available through the cloud as a pay-as-you-use model and are today, considered as mainstream as any other business application. However, a fundamental issue for any user looking to...

Business Analyst (GLR) at Parvana Recruitment

Client Details:Our client offers financial service solutions helping their clients achieve their dreams. With an emphasis on culture fit, they boast a dedicated team of over 600 employees, many with over a decade of tenure. They have built their culture on a feeling...

Embedded Software Engineer

Join a pioneer in cutting-edge covert surveillance technology, where your expertise in embedded software will drive innovation in mission-critical systems. If you thrive on precision engineering and developing software that powers real-world hardware, this is your...

Business Analyst (GLR) at Parvana Recruitment

Client Details:Our client offers financial service solutions helping their clients achieve their dreams. With an emphasis on culture fit, they boast a dedicated team of over 600 employees, many with over a decade of tenure. They have built their culture on a feeling...

Business Analyst (GLR) at Parvana Recruitment – Gauteng Johannesburg

Client Details:Our client offers financial service solutions helping their clients achieve their dreams. With an emphasis on culture fit, they boast a dedicated team of over 600 employees, many with over a decade of tenure. They have built their culture on a feeling...

Embedded Software Engineer – Gauteng Pretoria

Join a pioneer in cutting-edge covert surveillance technology, where your expertise in embedded software will drive innovation in mission-critical systems. If you thrive on precision engineering and developing software that powers real-world hardware, this is your...

Master Data Manager

Hire Resolve's client is seeking a Master Data Manager to join their team for a hybrid opportunity. Key Responsibilities:Ensure the OPCO reference data is of the highest quality, supported by robust data governance practices. Maintain compliance with CA&S Group...

Network Manager at Parvana Recruitment

About our client:Our client is a global investment advisory firm focusing on long-term value creation through investment strategies. They work with a diverse group of institutional partners and pride themselves on their collaborative, sustainable, inclusive culture...

Master Data Manager – Gauteng Centurion

Hire Resolve's client is seeking a Master Data Manager to join their team for a hybrid opportunity. Key Responsibilities:Ensure the OPCO reference data is of the highest quality, supported by robust data governance practices. Maintain compliance with CA&S Group...

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