South Africans who have a Luno wallet will be able to pay at Pick n Pay with cryptocurrency by simply scanning a QR code. Crypto payments have been available at over 1 500 Pick n Pay stores since February 2023. But the payment process required customers to download...

As generative AI and large language models (LLMs) continue to drive innovations, compute requirements for training and inference have grown at an astonishing pace. To meet that need, Google Cloud today announced the general availability of its new A3 instances,...

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...

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...

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...

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,...

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...

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...

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....

Taiwan Semiconductor Manufacturing will build a chip factory in the US. The new factory will most likely produce chips for smartphones and similar devices. The factory, which will be built in Arizona, will employ about 1 600 people directly. It should be operational...