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...

One-third of companies already use AI security tools

Thirty-four percent of organizations are either already using or implementing artificial intelligence (AI) application security tools to mitigate the accompanying risks of generative AI (GenAI), according to a new survey from Gartner. Over half (56%) of respondents...

How governments and companies should advance trusted AI

AI is a profound opportunity. The stakes are high. AI is projected to enhance human productivity and unlock an astounding $16 trillion in value by 2030, writes Arvind Krishna, chairman and CEO of IBM. Not only will this fuel economic growth and boost GDP, but it will...

Supplementary budget tax revenue targets may be unrealistic

On Wednesday (24 June), Finance Minister Tito Mboweni presented the supplementary budget in response to emergency measures taken to combat the Covid-19 pandemic. According to Ettiene Retief, chairman of the National Tax and SARS Committee at the South African...

Consumers drive print market, but business renewal is coming

In May 2020, the consumer print market dominated (inkjet MFPs continued to shine, with sales driven by low-cost consumer models), and business spend continued to suffer, according to the latest data from Context. "The shift towards consumer sales has been dramatic and...

Blair believes UK likely to limit Huawei on 5G networks

Kathy Gibson is at Reuters Newsmaker virtual event – The UK will likely opt to support the US in its stance on Huawei and limit the Chinese vendor’s involvement in building 5G networks in the country. This is the word from Tony Blair, executive chairman of the Tony...

No surprises, limited relief for struggling businesses

Finance Minister Tito Mboweni did not offer many surprises in his supplementary budget today, which aims to rebalance government spending and create a framework for economic growth in the post-Covid landscape. By Yolandi Esterhuizen, registered tax practitioner and...

Budget outlines significant challenges, but few solutions

Finance Minister Tito Mboweni's 2020 Supplementary Budget Speech clearly emphasised the dire situation facing the National Treasury. Unfortunately, it did not offer much detail about how it expects to actively raise revenue and reduce expenditure to address the...

Brace for deepest recession in 90 years

South Africa can expect a deep recession this year - as bad as any in the last 90 years. Finance Minister Tito Mboweni delivered his Supplementary Budget Speech 2020 to (a virtual) Parliament yesterday (June 24). Lullu Krugel chief economist for PwC Strategy&, and...

Key pointers to improving youth outcomes

This week's announcement by Stats SA Quarterly Labour Force Survey that nearly 40% of South Africans and 70% of young South Africans are unemployed by the expanded unemployment definition argues that immediate and simple solutions are urgently needed in this...

How bundled attacks hit Mac users

Contrary to popular belief, cybercriminals target Mac systems - but most people don't take these threats seriously enough. SophosLabs has published an in-depth report, "New Bundlore Adware Targets MacOS with Updated Safari Extensions", that report analyses an...

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Business Analyst (Senior) at Parvana Recruitment

Client Details:Our client is a solid, blue-chip, trusted and large consulting company, which offers the option to be remote or client based. They do work with all staff to define career paths and encourage mentoring as a way of helping pass on skills and knowledge for...

Automation Engineer

Automation Engineer DBN (Mitshubishi Certified)Our client in the Engineering sector based in Durban is looking for an automotive industry experienced Automation Engineer, Mitshubishi Certified.Minimum Qualifications:5 years experience in the Automotive...

Analyst Developer

Company description: Capitec Bank is a leading South African retail bank that focuses on essential banking services and provides innovative transacting, savings, insurance and unsecured lending products to individuals. Capitec's mission is to make banking simple and...

Automation Engineer – KwaZulu-Natal Durban

Automation Engineer DBN (Mitshubishi Certified)Our client in the Engineering sector based in Durban is looking for an automotive industry experienced Automation Engineer, Mitshubishi Certified.Minimum Qualifications:5 years experience in the Automotive...

Analyst Developer – Gauteng Sandton

Company description: Capitec Bank is a leading South African retail bank that focuses on essential banking services and provides innovative transacting, savings, insurance and unsecured lending products to individuals. Capitec's mission is to make banking simple and...

Junior IT Developer

Overview:The Junior Software Developer is part of an agile development team with intermediate and senior developers building and working on small to enterprise grade software systems. They are involved in all areas of the SDLC from design to development to testing and...

Business Analyst (Senior) at Parvana Recruitment

Client Details:Our client is a solid, blue-chip, trusted and large consulting company, which offers the option to be remote or client based. They do work with all staff to define career paths and encourage mentoring as a way of helping pass on skills and knowledge for...

Business Systems Analyst

Our client in the logistics industry is urgently looking to employ an experienced Business Systems Analyst at their organizationOur client in the logistics industry is urgently looking to employ an experienced Business Systems Analyst at their organizationLocation:...

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