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...

Intel gets $8,5bn direct funding under CHIPS Act

Intel and the US Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8,5-billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act. CHIPS Act funding aims to increase US...

Data, fintech services key for MTN

MTN has reported that group service revenue grew by 6,9% (13,5% in constant currency after accounting for the impact of the pro forma adjustments) for the year ended 31 December 2023, to R210,1-billin (2022: R196,5-billion). EBITDA (before once-off items) was down by...

Top tech ideas for township economic growth

Over the weekend of the 19th and 20th of June 2021, Silicon Cape and the US Mission to South Africa hosted a virtual hackathon aimed at discovering digital solutions to accelerate inclusive economic growth for local businesses in the township economy. This was the...

SA businesses among the best at coping with Covid challenges

Although organisations worldwide found their businesses disrupted, projects postponed, and strategies challenged during 2020, South African companies were very adept at coping with business related challenges as a result of Covid-19, says Project Management Institute....

Digital regulators must collaborate to build a better post-Covid world

Bold regulatory approaches are needed to guide ground-breaking technology uptake, foster collaboration, and drive digital transformation in the post-Covid world, This is according to participants at the latest Global Symposium for Regulators (GSR-21) organised by the...

Merchants, developers invited to join VodaPay platform

Kathy Gibson reports - Vodacom is calling on merchants and developers to join its VodaPay platform. Shameel Joosub, CEO of Vodacom, describes the VodaPay platform as a super-app offering a range of shopping and payment services made possible by the agreement signed...

Banks set to form customer-centric ecosystems

A significant 65% of global banking executives believe branch-based banking will be "dead" within five years. This is according to a report written by the Economist Intelligence Unit (EIU) entitled "Branching out: can banks move from city centres to digital...

New Intel XPU targets HPC and AI

At the 2021 International Supercomputing Conference (ISC) Intel is announcing advances in its Xeon processor for HPC and AI as well as innovations in memory, software, exascale-class storage, and networking technologies for a range of HPC use cases. "To maximize HPC...

To win, insurers need to navigate future factors

The insurance industry should aim to provide enhanced advice and assistance to a greater proportion of the country's population. This is among the finding of a PwC report on the future of advice and engagement in the South African insurance industry. Riaan Singh,...

NGOs could buckle under lockdown pressure

The pressure on non-governmental organistions (NGOs) since the first lockdown over a year ago has not subsided, and the news of another hard lockdown could cripple the sector entirely. This is highlighted in a survey by Tshikululu Social Investments in 2020, which...

More News Today

Securing cloud backups

Popular cloud storage and backup solutions deliver lower total cost of ownership and more convenience for SMEs, but are cloud backups secure, asks Gareth Tudor, CEO of Altonet.  Many South African organisations don’t feel comfortable with the perceived parting with...

Graduate development critical for SA

 The skillset of graduate professionals, specifically in the technology arena, is of paramount importance and yet remains under constant pressure, says Susan Reis, head of People Effectiveness at technology-based professional services firm BSG. The recent annual...

PM vital in financial services sector

Streamlining operations, enhancing efficiencies and monitoring performance across various business units, divisions and branches is critical in the financial services sector, says David McWilliam, director at Cortell Corporate Performance Management. This is the only...

HP ENVY x2 hybrid available from DCC

Mobility is the key to success in today’s world, but deciding whether to carry a notebook or a tablet these days can create a dilemma. Do users choose the power to create rich content on the go, or the convenience of multimedia and entertainment features?  Luckily...

Unison first to host SAP MMS locally

Unison Communications, the continent’s leading enterprise communications management (ECM) provider. recently became Africa’s first ECM specialists to boast a locally hosted SAP Managed Mobility Service (MMS).  The partnership is an exciting one for the company, whose...

Classifieds boosted by mobile generation

The classified advertising business is busier than ever before, according to Felix Erken of Junk Mail, with new mobile channels bringing a younger audience to a well-established marketplace. Offering users their choice of print, Web or mobile access to the same large...

Windows Phone update for Nokia Lumia

The Windows Phone 7.8 update is beginning its rollout to smartphones running on Windows Phone 7.5. People can now transform their Nokia Lumia device with a host of exciting new personalisation features including resizable tiles, new lock screen options, increased...

Online collaboration aids property transfer

Buying a property is something that most consumers will only go through a few times in their lives. As a result, would-be homeowners have come to grudgingly accept the arduous nature of the property transfer process, taking comfort in the fact that it needn’t be...

bbd nurtures local app developers

Leading SA software development company bbd - with operations in South Africa and Europe - is continually striving to bring new skills into its local development teams. Each year the company scours universities for talented graduates to bring on board as interns, and...

M-health to empower doctors, patients

FolUp, a mobile and Web-based health communication platform that connects physicians and patients, allowing each to collaborate and actively participate in improving patient care and satisfaction, was released today.  This online healthcare tool provides patients with...

Scrum Master

12 Month Contract role with top tier Financial Services company for a skilled Scrum Master. Purpose of role:The scrum master serves to facilitate scrum to the larger team by ensuring the scrum framework is followed. Be committed to the scrum methodology, agile...

Junior Support Engineer

Elevate Your Career with iOCO Infrastructure Services: Where Innovation Meets Impact. We are seeking a proactive and customer-focused Junior Support Engineer to join our team. As a Junior Support Engineer, you will play a crucial role in providing technical assistance...

Technical Lead Infrastructure & Services

The purpose of this role is the integrative management of corporate and project ICT infrastructure, process engineering and service delivery incorporating outsourced vendors and subcontractors for overall contractual compliance and commercial...

Systems Analyst (.Net Development) – Centurion

Systems Analyst - Centurion Examining/maintenance checks current systems Incident/Request management Talking to users (requirements gathering) Liaising with other IT staff Implementing new systems / undertaking system deployments Travel is a key feature of the job as...

Developer / Consultant (JHB) (1002127) at Parvana Recruitment

Parvana Role: Our client is looking to add a highly qualified graduate, with at least a Masters Degree, however our client will prefer a PhD degree. Due to on-going company growth our client is now looking to recruit additional. Consultants to assist customers with...

Junior Systems Engineer (24/7) SOC Environment

Are you a skilled Junior Systems Engineer looking for your next challenge? Our Team is looking for someone like you to help shape the future of Tech!You will work in a dynamic iOCO Infrastructure Team as a Junior Systems Engineer by providing the monitoring on all...

SAP ARIBA – Systems Analyst – Western Cape Stellenbosch

Our client is on the lookout for energetic, self-motivated individual who shares a passion for service in the banking industry, a System Analyst: SAP Ariba.ResponsibilitiesInterpret specifications to construct SAP Ariba Contract Management System (CMS) solutions that...

Scrum Master – Gauteng Johannesburg North

12 Month Contract role with top tier Financial Services company for a skilled Scrum Master. Purpose of role:The scrum master serves to facilitate scrum to the larger team by ensuring the scrum framework is followed. Be committed to the scrum methodology, agile...

Junior Support Engineer – Gauteng Pretoria

Elevate Your Career with iOCO Infrastructure Services: Where Innovation Meets Impact. We are seeking a proactive and customer-focused Junior Support Engineer to join our team. As a Junior Support Engineer, you will play a crucial role in providing technical assistance...

Technical Lead Infrastructure & Services – Gauteng Centurion

The purpose of this role is the integrative management of corporate and project ICT infrastructure, process engineering and service delivery incorporating outsourced vendors and subcontractors for overall contractual compliance and commercial...

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