SA insurance industry shows its resilience
The South African non-life insurance industry was heavily impacted by the Kwa-Zulu Natal floods in April 2022, the July 2021 civil unrest, and a hardened global and local reinsurance market - while life insurers have benefited from the normalisation of mortality...
Salaries, private pensions outperform August 2022
Further boosting July's growth, the average take-home pay tracked in the BankservAfrica Take-home Pay Index (BTPI) rose again in August 2023, surpassing the levels reflected last year. The latest data also reflects some good news for the local job market in Q3. "The...
Global IT spend set for 7,3% decline in 2020
Worldwide IT spending is projected to total $3,5-trillion in 2020, a decline of 7,3% from 2019, according to the latest forecast by Gartner. While the global economy is expected to witness a ‘swoosh’ recovery, IT spending will experience more of a ‘swoop’ recovery....
Healthbot aids in meds delivery for high-risk patients
A University of Pretoria (UP) accelerator programme start-up, Aviro Health, has developed an automated chatbot app, Pocket Clinic for the Western Cape Department of Health which works via WhatsApp and confirms delivery of chronic medication to patients’ homes. Pocket...
Public cloud cybersecurity incidents hit SA firms
According to The State of Cloud Security 2020, a global survey from Sophos, six in 10 (60%) organisations from South Africa experienced a public cloud security incident in the last year – including ransomware (25%), other malware (28%), exposed data (28%), compromised...
Fujitsu develops AI that captures high-dimensional data characteristics
Fujitsu Laboratories has developed what it believes to be the world's first AI technology that accurately captures essential features, including the distribution and probability of high-dimensional data in order to improve the accuracy of AI detection and judgment....
Ransomware continues to evolve, targets more victims
Check Point Research’s Global Threat Index for June 2020 shows that the Phorpiex botnet has been delivering the Avaddon ransomware, a new ransomware-as-a-service (RaaS) variant that emerged in early June, via malspam campaigns. This has led to it jumping 13 places to...
SA start-up competes in online meeting space
In the past three months, South African startup room.sh has emerged into the video conferencing tech space, growing to more than 100 000 video-calls a month. In 2018 the founding team received investment from local VC’s Knife Capital as SkillUp Tutors with the...
Beware URLs that redirect users to blacklisted pages
Kaspersky researchers have uncovered more than a thousand inactive domains that, when visited, redirect the visitors to unwanted URLs as a way to turn a profit. Many of these second-stage pages were detected as malicious. When companies stop paying for their domain,...
What will SA’s energy utilities of the future look like?
Over the lockdown period, utilities have stepped up – keeping hospitals running and laptops charged, writes Cameron Tandy, MD Accenture Resources in Africa. Energy has not been top of mind for consumers during the current pandemic, but in this new operating...
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