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...

Government urged to extend Social Relief of Distress Grant

To mitigate the effects of the Covid-19 pandemic on people living in poverty, government introduced the Social Relief of Distress (SRD) Grant in 2020 - at the onset of the global health emergency - in an effort to support those in need. However, many eligible South...

Huawei, DCDT partner to drive broadband, SMME skills

Huawei South Africa and the Department of Communication and Digital Technologies (DCDT) have launched partnership programmes aimed at enhancing broadband deployment as a foundation for a digital economy and providing digital skills training for SMMEs. They...

R900m available from private equity firm

Fully black-owned private equity company Agile Capital is actively seeking to invest millions of rands into diverse sectors and companies with a solid presence in their sector. Agile Capital has capital of about R900-million available for investment into new...

UW Ventures, Allan Gray join 4DI Capital in Comparisure investment

Cape Town-based fintech company CompariSure has secured venture capital (VC) funding from UW Ventures in partnership with Allan Gray. The latest deal comes off the back of CompariSure’s first external investment deal concluded in August 2019 with 4Di Capital, an...

Scenario planning for supply chain survival

As the coronavirus continues to disrupt global supply chains, Gartner has developed three scenarios to help chief supply chain officers (CSCOs) anticipate how the future may unfold. In March, Gartner conducted a poll of 833 members from the Gartner Research Circle...

RFA calls for supply chain relief

The Road Freight Association (RFA) is urging government to open up all sectors of the economy to lessen the already devastating economic impact of lockdown and Covid-19. "The movement of both goods and people is vital for the wheels of South Africa's economy to keep...

MPC preview: interest rates continuing lower

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) meets again on May 17-19 to discuss interest rates and other monetary matters. Lullu Krugel, chief economist for PwC Strategy& Africa and Dr Christie Viljoen, PwC Strategy& economist,...

Plan to centralise laptop purchases for university, TVET students

Government aims to centralise laptop purchasing for higher education as learning increasingly moves online. This is the word from higher education minister Blade Minister, who says all tertiary students funded by the National Student Financial Aid Scheme (NSFAS) for...

New directors, chairman-designate for Net1

Net1 has appointed three veteran business leaders as independent non-executive directors. Jabu Mabuza and Ali Mazanderani will join the board today (15 May), and Antony Ball will join on 21 May. Jabu Mabuza, formerly the chief executive officer of Tsogo Sun Holdings...

Spoofed visa application hits diplomatic entities

In November 2019, Kaspersky technologies revealed new malware with a focus on diplomatic bodies in Europe, with the initial dropper spread as a spoofed visa application. Further analysis has indicated that this spyware uses the same code base as the infamous COMPFun....

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Senior Software Developer at Nutun Transact – Gauteng Sandown

Main Purpose of Role To provide professional services as a developer?Required Minimum Education / Training: IT DegreeRequired Minimum Work Experience 5 - 8 Development experienceTechnical and Behavioral Competencies Required:?Technical: Microsoft .NET Developer...

Agile Project Manager at Datonomy Solutions – Gauteng Johannesburg

Description:To manage and deliver medium to large projects from commencement to completion within the scope, budget and time agreed in line with the business strategy. The Agile Project Manager will play an active role in providing mentorship and coaching on agile...

Developer – AWS (Senior) (1003092) at Parvana Recruitment

Parvana Responsibilities: Responsible for the development and building of a new robust system. Working closely with the leadership team to execute the company's technology strategy. Mentoring and providing general design guidance. Creating appropriate estimates and...

Business Analyst at Datonomy Solutions

Banking / financial services experience is advantageous.Must have BA certification.To apply a set of tasks and techniques used to work as a liaison amongst stakeholders in order to understand the problems; opportunities; needs; structure; policies and operations of...

Ab Initio Developer at Datonomy Solutions

The Ab Initio Metadata Hub Developer is to prepare data products and advance technical thought leadership for the Enterprise, to deliver fit for purpose Metadata data products for consumption by the Enterprise. The required specs and skillset that the Metadata Hub...

Software Developer II DOT NET, C#, SQL

Software Developer II DOT NET, C#, SQLRole Purpose:To work within the Vertigo Technical team and assist with Development, Support and Maintenance High performance area in the bank, Custom built solution that is critical to the bank's ability to manage MFC Clients....

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