New wave of fraud targets banking customers
Fraud continues to pose the risk of serious financial losses for banking customers and all indications are that there are new scams and an increasing number of the victims. This is the warning from Reana Steyn, ombudsman for banking services, who says the basic modus...
Deep learning robot turns the tide on coral reef decline
Researchers are taking deep learning for a deep dive. Literally. The Woods Hole Oceanographic Institution (WHOI) Autonomous Robotics and Perception Laboratory (WARPLab) and MIT are developing a robot for studying coral reefs and their ecosystems. The WARPLab...
Nutanix CEO and co-founder to step down
Nutanix CEO Dheeraj Pandey is retiring from the company he founded 11 years ago and built in a $1,6-billion organisation. Pandey landed in the US with $900.00 to his name before forming the hybrid cloud software and services company. “Co-founding and leading Nutanix...
Environment comes under the spotlight during Covid
While scientists around the world are confined to their homes during the Covid-19 pandemic, Earth observing satellites continue to orbit and send back images that reveal connections between the pandemic and the environment. “Satellites collect data all the time and...
GDP plunged 51% in Q2
South Africa's gross domestic product (GDP) decreased by 51% in the second quarter of 2020 as a result of the Covid-19 lockdown restrictions imposed from the end of March 2020. This was the fourth consecutive decline in quarterly GDP since the second quarter of 2019....
Mobile payments could unlock new business for banks
Banks in Africa must provide mobile payments and other digital services to remain competitive as well as to unlock new business opportunities across sectors such as energy, health care, education and transportation. This is according to a new report by Boston...
Online commerce an essential pivot for businesses
Covid-19 has seen businesses around the globe accelerate their digital transformations - making years of progress in a matter of days in some cases. By Robin Fisher, regional vice-president of Salesforce: Emerging Markets During the early stages of the crisis,...
Consumer confidence picks up
The Bureau for Economic Research (BER) reported on September 7 that its Consumer Confidence Index (CCI) was less pessimistic during the third quarter. Lullu Krugel, chief economist for PwC Strategy Africa, and Dr Christie Viljoen, PwC Strategy& economist After the...
Digitalisation, data seen as key for Europe’s Covid recovery
As Europe charts its recovery from the Covid-19 pandemic, many business and government leaders are seeking to drive economic growth through increased digitalisation and the widespread use of data. During an IBM Policy Lab Live virtual event titled "An Economic...
Educational resources targeted in cyber attacks
Distributed denial of service (DDoS) attacks against educational resources grew exponentially over the first half (H1-20) of this year when compared to the previous year. For each month from January to June 2020, the number of DDoS attacks affecting educational online...
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