Banks are still missing the links between fraud and money laundering

Financial institutions are increasingly integrating their fraud and anti-money laundering (AML) systems, but intelligence and governance gaps remain. New fraud and AML convergence research from Datos Insights, commissioned by data and AI leader SAS, finds 86% report...

How can SA plug the ICT skills gap?

Kathy Gibson reports from the IITPSA Workforce Conference – While South Africa records the highest unemployment rate in the world, there is still a dire shortage of critical IT skills. Presenting the IITPSA IT Skills Survey, Lehlohonolo  Mokenela, MD of Africa...

Is talent debt depleting your institutional knowledge?

Organisations cutting costs through workforce reduction to weather tough conditions may be trading a visible saving for an invisible liability that will cost them far more later, warns Advaita Naidoo, Africa MD at executive search firm Jack Hammer Global. “Globally,...

In 2027, AI could account for 20% of all business tech spend

In the coming year, CIOs and CISOs will face growing pressure to realise returns on their AI investments in infrastructure, security, digital sovereignty, and emerging technologies, according to Forrester’s 2027 technology and security predictions. Additionally, with...

Nedbank Hackathon aims for an inclusive future for SMEs

Financial inclusion is the cornerstone of meaningful and sustainable small business growth in South Africa. For the country's SMEs to successfully expand, create employment opportunities, and further South Africa's economic development, tailored, digitally-advanced...

Leadership changes at Seacom

Seacom has announced a number of significant changes within its executive leadership team. Lucas Malamule Ndala has been appointed as the new group chief financial officer, succeeding Richard Schumacher, who takes on the role of chief wholesale and strategic alliances...

Global smart speaker sales up 17%

Smart speaker sales in 2020 are estimated to grow by 17% to 170-million units. Comparatively, the growth rate in 2019 was a remarkable 70%, reaching a total of 146,9-million units, according to research data analysed and published by ComprarAcciones. The global smart...

Casinos lobby for online gambling

South African casino operators such as Tsogo Sun and Sun International are quietly pushing the government to pass legislation allowing online casinos to operate alongside the already legalised and regulated online sports betting industry. They are hoping that the hard...

Under pressure, workers battle to absorb change

The amount of change that the average employee can absorb without becoming fatigued in 2020 has been cut in half compared to 2019. Amid worries about the economy, job security, their health and the health of their loved ones, employees' capacity to take on change in...

Education, awareness key for parents

New social media are constantly emerging, attracting kids and leaving the parents out of the picture - and bringing new dangers that parents could prevent if they stay educated and up to date. According to the "Responsible Digital Parenting" survey, 43% of South...

SMEs battle to find the right tech talent

Two-thirds (67%) of South African small businesses struggle to source the right tech talent. But, despite struggling to hire, only 14% planned to upskill their existing team members to help close tech skills gaps. This is according to research Xero, which found that...

Alternative economy proposed for SA

An alternative economic strategy for South Africa could see GDP doubling in 10 years, 10-million people moving out of poverty, and unemployment cut by two-thirds to 12% by 2030. This strategy, proposed by Dr Nthabiseng Moleko and Professor Mark Swilling, seeks to...

African financial markets have improved resilience

Despite disruption from the Covid-19 pandemic, financial markets in Africa are proving robust with innovators such as South Africa and Mauritius leading the way. This is according to the 2020 edition of the Absa Africa Financial Markets Index. Now in its fourth year...

Double-digit growth forecast for 3rd Platform tech

Internet of Things (IoT) is set to enjoy increased spend after the pandemic, along with other 3rd Platform technologies that are expected to see double-digit growth. To bring more insight to technology spending across and within industries, International Data...

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