Mastercard takes a stake in MTN Group Fintech
MTN has signed definitive agreements with Mastercard for a minority investment of up to $200-million into MTN Group Fintech, at a valuation of $5,2-billion on a cash and debt-free basis. The Transaction, which is non-categorised in terms of the JSE Listings...
MTN, Jumo combine platforms for short-term loans
MTN's Mobile Money Platform, MoMo, and banking technology company Jumo have partnered to launch Qwikloan to offer affordable, short-term loans in South Africa. Qwikloan enables MoMo users to obtain small, short-term loans on their mobile phones, ranging from R250 to...
Outmoded approaches put Covid cost-efficiency gains at risk
Organisations that achieved unexpected cost efficiency gains as a result of operational constraints due to the Covid-19 pandemic risk losing these gains needlessly, according to research from Gartner. The traditional approach of reintroducing costs after a business...
2020 was strongest year on record for PC monitors
Persistent demand led the global PC monitor market to impressive heights during the fourth quarter of 2020 (4Q20). The market grew 16,9% year over year with shipments surpassing 39,2-million units, a number last exceeded during the fourth quarter of 2011. For the full...
Converged systems market saw minor gains in Q4
According to the International Data Corporation (IDC) Worldwide Quarterly Converged Systems Tracker, worldwide converged systems market revenue grew 0,2% year over year to $4,5-billion during the fourth quarter of 2020 (4Q20). "The converged systems market closed out...
Is SA creating the skills for a digital future?
The Covid-19 pandemic has exposed structural weaknesses and widened inequalities across the world. Even before the pandemic, the rise of automation and innovative technologies were transforming the world of work, resulting in an urgent need for upskilling of talent....
What people expect from a cyborg future
New research carried out by security company Kaspersky unveils disparity over a future shared with augmented people - in their family, workplace, and even personal life. The study finds that a lack of understanding around human augmentation could be holding back...
Covid-19 forced hard business conversations
The Covid-19 pandemic forced businesses to have the hard conversations; reassess their strategies and negotiate better terms - and those that have adapted well will be positioned to grow the South African economy out of its slump. This is according to Isaac...
Bitcoin accounts for 40% of gold’s average daily trading volume
Data calculated by Finbold indicates that bitcoin's average daily trading volume between 1 January 2021, and 15 March 2021, is at $70,18-billion. The figure accounts for 39,41% of gold's $178,97-billion average daily trading volume for the same period. Elsewhere,...
Cyber arms race at a tipping point
Work-from-home (WFH) has resulted in exponentially greater attack surfaces from cybercriminals, armed with powerful cloud-based tools, cloud storage and endless targets, according to the 2021 SonicWall Cyber Threat Report. "As working environments evolved, so did the...
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