New battery factory drives industrialisation, job creation

Kathy Gibson reports - Actom has opened a new assembly line for locally-assembled LiFePO₄ battery energy storage systems (BESS). Yesterday, the company also announced that is expanding manufacturing capacity for its high voltage equipment. These moves are significant...

Herotel brings Amazon’s Leo satellite services to SA

Kathy Gibson reports – Herotel has signed a distribution agreement with Amazon to bring its Leo Constellation satellite service to South Africa. Set to go live in 2027, South Africa will be among one of the first countries in the world to connect to the low earth...

Social media the top culprit as deepfake fraud grows

Deepfake attacks are growing, and costing people more. Scial media is the main culprit

Muse highlights privacy, copyright issues in AI training

Copyright and privacy issues under the spotlight as Meta withdraws Muse feature

Start of 2023 sees PC sales plummet

Notebook and desktop unit sales plunged in the first four weeks of 2023 - falling by −44% and −23% year-on-year respectively - on the back of low consumer confidence and muted business investment, according to global research organisation Context. "Revenues also fell...

In SA, cybercriminals prey on human error

Trellix's Threat Report: February 2023, scrutinising cybersecurity trends from the final quarter of 2022, says that cybercriminals are pushing the envelope when it comes to cyberattacks and that in South Africa they are targeting human error more than system flaws....

Take-home pay increases in June

Take-home pay reached its highest peak in 10 months in June, and beat inflation for the third time. According to the monthly BankservAfrica Take-home Pay Index, the likelihood of inflation remaining at low levels brings further good news for the short-term by helping...

Commercial investment informs military development

Research and development (R&D) in the defence industry is undergoing a paradigm shift. Previously, R&D was driven by military investment, but it is now driven by civilian investment, according to Frost and Sullivan research. This affects how technologies are...

Vodacom shows quarterly revenue growth

Vodacom has announced revenue growth of 4,2% to R21,5-billion for the quarter ended 30 June, with service revenue up 3,9% to R17,4-billion. The group added 608 000 customers in South Africa in the quarter, with 522 000 added in prepaid and an 8,9% growth in the...

Microsoft hosts Office 365 in local data centres

Microsoft South Africa is making Office 365 services available from its South African data centre regions from today. "Office 365 has for years been providing the foundation of digital transformation for South African businesses," says Lillian Barnard, MD of Microsoft...

Business of Gaming Forum to run alongside Comic Con

The Business of Gaming Forum, exploring the growth an investment potential of this sector, will be held alongside Comic Con Africa at Gallagher Convention Centre in September. The digital video gaming sector is one of the biggest success stories in the South African...

Inflation unchanged in June at 4,5%

Statistics South Africa (Stats SA) reported on July 24 that consumer price inflation was stable at 4,5% year-on-year (y-o-y) in June. This was in line with economists' expectations and spot on the middle of the South African Reserve Bank (SARB) target range of 3%-6%,...

Vodafone switches on 5G in London

Vodafone UK has launched 5G for consumer and business customers in London. Ericsson will provide 5G coverage based on the latest Ericsson Radio System portfolio. This includes the latest Baseband 6630 and Massive MIMO 6488 products to enable 5G on the 3.5GHz...

German energy start-ups get African boost

The Germany Africa Business Forum (GABF), whose goal is to strengthen investment ties between Germany and Africa, is collaborating with private partners from the energy industry, launched a multi-million Euro funding commitment to invest in German energy startups that...

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