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...

BETI weakens in August, but improves on last year

Amid the volatile economic conditions that have pushed business and household confidence to lower levels, the BankservAfrica Economic Transactions Index (BETI) slipped again in August 2023 - though still up compared to August 2022. "After rebounding in June 2023, the...

Mixed bag predicted for holiday season spending

Only 9% of consumers reported that they plan to spend more this holiday season, according to a Gartner survey, which also reveals that 28% of respondents plan to spend less this holiday season than in 2022, while 63% of consumers plan to spend the same amount this...

Significant challenges for next week’s Special Budget

On 26 February, Finance Minister Tito Mboweni, presented his National Budget to Parliament against a backdrop of weak economic growth, coupled with high unemployment, a sluggish economy and a looming credit ratings downgrade. By Bernard Sacks, tax partner at Mazars...

Holistic health under the spotlight during Covid-19

More than two-thirds (68%) of organisations had introduced at least one new wellness benefit by late March 2020 to aid employees during the Covid-19 pandemic, according to Gartner. "The Covid-19 pandemic has led more employees worldwide to seek assistance with their...

SAP adds innovation to enable the intelligent enterprise

Kathy Gibson reports from Sapphire Now - Becoming an intelligent enterprise allows organisations to achieve great business outcomes. This is the message from Christian Klein, CEO of SAP, who explains that organisations can increase resilience, rise to challenges, and...

MoU set to accelerate growth of ICT in Africa

The African Telecommunications Union (ATU) has signed a Memorandum of Understanding (MoU) with Ericsson to help fast track roll out of technology across the continent. According to ATU, a specialised agency of the African Union in fostering the growth of ICT in...

Shell, IBM team up for mining industry digitalisation

Shell and IBM has launched Oren, a global B2B digital mining services marketplace platform, aimed at helping mining companies find solutions related to safety, sustainability, mine planning and operational efficiency. By hosting new technology and digital solutions in...

35% of the world are gamers

About 35% of the current global population - 2,7-billion people - comprises gamers, according to new research from Finbold.com. The Asia Pacific region leads with 1,506-billion gamers accounting for 55% of the entire gaming population. The Europe, Middle East, and...

Attitudes toward diversity vary in emerging economies

Prior to the Covid-19 outbreak, many emerging economies grappled with challenges linked to diversity and changing demographics, according to a new Pew Research Center report. But people who interact more with those who are different from them - whether religiously,...

Adult content sees growth in use and malware

With 'stay at home - stay safe' being the new motto for 2020, and adult content platforms experiencing an influx of visitors, security risks in this field have never been so relevant. A review of 2019 threat activity by Kaspersky researchers demonstrates that the...

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Our client is looking for Senior UX/UI Designer. This role will expose you to a diverse working environment with endless opportunities to grow as an individual and to work for an organization that promotes equality. This is a 6-month contract (This role is available...

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