Last year was marked by sharp monetary tightening. But economies proved resilient and markets even boomed. Against this backdrop, global financial assets of private households recorded strong growth: With an increase of 7,6%, the losses of the previous year (-3,5%)...

In late August 2024, Kaspersky experts identified a new version of the Necro Trojan that had infiltrated several popular applications on Google Play and modified applications on unofficial platforms, including Spotify, WhatsApp and Minecraft. Necro is an Android...

The seasonally adjusted Absa Purchasing Managers' Index (PMI) once again declined in September. The index fell to 48.2, from 52.1 in August and averaged 49.3 points in Q3. More intense load-shedding during the month was likely to blame for the decline relative to...

A digital application developed by an engineering student from Stellenbosch University (SU) that provides information about water quality in water supply systems, took third place at a recent international gathering in New York where more than 250 young leaders from...

On 31 August 2021, Naspers announced that an agreement had been reached between PayU Payments, a subsidiary of Prosus, and the shareholders of the Indian digital payments provider BillDesk to acquire BillDesk for $4,7-billion. Closing of the transaction was subject to...

Dark Fibre Africa (DFA) and Vumatel are now running under a new parent company, Maziv. Pieter Uys, chairman of holding company Community Investment Ventures Holdings (CIVH), says both  operating companies have demonstrated impressive growth, with DFA increasing...

Rain Group Holdings has made a formal proposal to acquire Telkom. This follows an offer on 15 July from MTN acquiring the entire issued share capital of Telkom in return for shares or a combination of cash and shares in MTN. Rain also made an offer in August, which is...

A recent study has found that 81% of organisations experienced a cloud-related security incident over the last 12 months, with almost half (45%) suffering at least four incidents. The underlying issue for these security incidents is the dramatic increase in security...

Attacks in the financial sector are becoming increasingly corporate-oriented and shifting away from consumers. Kaspersky Security Network data shows that the number of financial phishing attempts in the African regions increased significantly from Q1 to Q2 of 2022....

The fourth annual edition of the Digital Quality of Life Index (DQL) reports that South Africa ranks 66th in the world regarding digital wellbeing, out of 117 countries or 92% of the global population. Out of the five fundamental digital life pillars, South Africa's...