Cisco partners with Jozi My Jozi on inner city revitalisation

Kathy Gibson reports form Johannesburg - Cisco and Jozi My Jozi today launched a new partnership aimed at harnessing technology to help develop the Johannesburg inner city. The new initiative, Masibambisane, is part of Cisco’s global 40 Communities social impact...

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

Tech helps to ease trucking pressures

High inflation, high fuel prices, slow economic growth and mounting congestion on South Africa's roads is placing significant pressure on the transport and logistics sector. This is the reality in which Justin Manson of Webfleet advises businesses to apply...

Tax breaks for investing in renewable energy

What is believed to be South Africa's first private equity fund which allows green energy investors to qualify for SARS-approved tax deductions has been launched. Section 12B of the Income Tax Act No. 58 of 1962 allows for a tax deduction for certain qualifying assets...

Fake photo editing apps hid MobOk backdoor

Kaspersky experts have discovered the money-stealing malware MobOk hiding within seemingly legitimate photo editing apps available on the Google Play store. At the time of detection, the apps, titled 'Pink Camera' and 'Pink Camera 2' had been installed around 10 000...

Emerging markets keen on new financial models

People in emerging markets are seeking a change to the way global money exchange and banking operates today. This is one of the findings from Luno's "Future of Money" survey that polled respondents in seven markets, including South Africa, to analyse the understanding...

Research shows which independent retailers are winning

Independent stores in Cape Town enjoy average transaction values up to 49% higher than retailers in Johannesburg. This is among the finding of the Vend 2019 Retail Benchmarks Report, which assesses the state of independent retailers around the world. In South Africa,...

EOH sells off 70% of CCS

EOH has concluded a transaction that sees its wholly owned subsidiary EOH Mthombo enter into a share purchase agreement with RIB Limited, a subsidiary of German listed RIB Software, wherebu EOH will dispose of 70% of the issued ordinary share capital of Construction...

What’s getting in the way of enterprise blockchain?

Blockchain is often hyped as the next big thing in emerging technologies. But the reality is the majority of proofs of concept fail to get beyond the initial experimentation phase. The good news is that CIOs can learn from early failures and avoid common mistakes. As...

Optimists welcome slower vehicle sale decline

Optimists will have welcomed June's smaller decline in sales as South Africa's new vehicle market continues to struggle and seemingly deliver any type of identifiable trend. June sales continued to show the volatility and seeming unpredictability of the new vehicle...

Digital, tech innovation can improve risk profile

Organisations are increasingly rolling out digital initiatives in an arena defined by more data, more automation, sophisticated cyberattacks and evolving customer expectations. PwC's State of the Internal Audit Profession study 2019 shows that as organisations move...

SA Inc is squandering sales growth

Local business leaders could be losing out on significant bottom line gains by not paying attention to customer service. At a time that the economy is struggling, companies could be sacrificing as much as a 30% increase in sales, according to statistical analysis...

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