Banking crime losses decline, but AI poses major threat

The South African Banking Risk Information Centre (SABRIC) has released its Annual Crime Statistics for 2024, reflecting a significant decline in financial crime losses - but also warning of the growing threat posed by artificial intelligence (AI) in fraud schemes. In...

Agentic AI to dominate IT budget expansion

Year-over-year (YoY) spending, between 2025 and 2029 for artificial intelligence (AI) will grow by 31,9%, according to data from the International Data Corporation’s (IDC) Worldwide Artificial Intelligence IT Spending Market Forecast. This investment, driven by the...

IBM and AMD join forces to build quantum-centric supercomputer

IBM and AMD have announced plans to develop next-generation computing architectures based on the combination of quantum computers and high-performance computing, known as quantum-centric supercomputing. The companies are collaborating to develop scalable, open-source...

Task-specific AI agents set for rapid adoption into enterprise apps

A significant 40% of enterprise applications will be integrated with task-specific AI agents by 2026, up from fewer than 5% today, according to Gartner. As organisations accelerate digital transformation, agentic AI in enterprise applications will move beyond...

Stablecoins rise to hold 8% if crypto market cap

While crypto investors often seek the thrill of high-risk, high-reward opportunities, many are increasingly turning to stablecoins to weather market volatility. This shift in preferences combined with regulatory clarity, growing institutional interest, and the rise of...

Valid accounts come under attack

Valid accounts were increasingly being leveraged as an initial attack vector in 2024, representing 31,4% of cases. Public-facing applications still hold the top position with 39,2% of cases. These findings were reported in the recent Kaspersky Incident Response...

Voting open for Channelwise Awards

It’s that time of year again, when South Africa’s IT reseller partners get to voice their opinion and vote for the vendors and distributors they most enjoy working with. Voting is now officially open for this year’s prestigious Channelwise Awards right here. “As we do...

SpaceX demonstrates Starship launch and catch

SpaceX has successfully demonstrated Starship’s ability to launch and return, caught by the arms of the launch and catch tower. The test on techniques fundamental to Starship and Super Heavy’s fully and rapidly reusable design was performed yesterday (13 October...

Engie starts construction of second new solar PV power plant

One of the country’s leading independent power producers, Engie, has started construction of the 75 MW Graspan Solar photovoltaic (PV) power plant in the Northern Cape. The solar plant will be built and operated by Engie in partnership with Pele Green Energy and is...

AMD launches 5th Gen AMD EPYC CPUs

AMD has announced the availability of the 5th Gen AMD EPYC processors, formerly codenamed “Turin”, designed for enterprise, AI and cloud. Using the “Zen 5” core architecture, compatible with the broadly deployed SP5 platform2 and offering a broad range of core counts...

Energy-efficiency, AI drive accelerated innovation

Nvidia’s accelerated computing isn’t just efficient. It’s critical to the next wave of industrial, scientific and healthcare transformations. This is the word from Bob Pette, Nvidia’s vice-president and GM of enterprise platforms, presenting the keynote address at the...

Solid growth predicted for customer data platforms

The global customer data platform (CDP) market is expected to reach $51,95-billion by 2030 -with a CAGR of 39,5% from 2024 to 2030 - according to a new report by Grand View Research. The growing demand for assimilating and storing unstructured and structured consumer...

Counting the global cost of digital exclusion

A staggering 627-million individuals globally – more than the populations of the US and Brazil combined - are excluded from essential digital services, including financial services, education, healthcare, and employment platforms. The is according to global full-cycle...

Humanoid robots are ready to start work

The advent of OpenAI’s ChatGPT in 2022 revolutionised humanoid robotics, allowing for task execution without explicit programming. As developed nations grapple with labor shortages from aging populations and declining birth rates, the demand for automation grows....

More News Today

Women are leaving companies – how do we welcome them back?

When it comes to women and leadership, the paradox -- and the data -- are clear. By Linda Saunders, director: solution engineering at Salesforce South Africa Companies recruit men and women in near-equal numbers out of college. In fact, they've outnumbered men in the...

African fintech revolution leads the way for healthtech

Covid-19 had a profound impact on the globe, leading to changes both seismic and small in how we live our lives. The pandemic has also fueled a substantial increase in health and biotech investment across the globe. Bongani Sithole, CEO of Founders Factory Africa...

Online learning platform helps out at UJ

Cengage's MindTap platform is an online teaching and assessment tool that incorporates readings, multimedia, activities and assessment into a learning path that guides students through their course. Instructors can personalise the experience by customising Cengage...

Absa Group to list on A2X

Absa Group Limited will list its ordinary shares for trade on A2X Markets from 2 February 2023. Absa Group will retain its primary listing on the Johannesburg Stock Exchange and its issued share capital will not be affected by its secondary listing on A2X. There is no...

Investing in data integrity improves customer satisfaction

According to a June 2022 Spotlight report by the IDC, investments in technology to improve data integrity have positive impacts on a wide range of business metrics, with customer satisfaction topping the list of improvements at a significant 42%. By Gary Allemann, MD...

Deep tech trends to watch from SA entrepreneurs

Deep tech is described as technology that is based on scientific discovery or meaningful engineering innovation. It is often referred to as problem-solving technology. There is a lot more to it than what we see in the everyday technology industry. According to Boston...

How to create an easy and affordable payroll

Behind every good business is a great bookkeeper. Dee Hock, the founder of VISA, said it best: "Making good judgments when one has complete data, facts, and knowledge is not leadership - it's bookkeeping." By Sandra Crous, MD of PaySpace But providing bookkeeping and...

Whose fault is it when cloud security fails?

At least 95% of cloud security failures in the next three years will be the customer's fault, according to Gartner. By Marilyn Moodley, country leader for South Africa and WECA (West, East, Central Africa) at SoftwareOne Unsurprisingly, the biggest threat to security...

Using social media data in life insurance

With more than 30-million South Africans active on social media, insurers have a wealth of unstructured data to tap into. By Nelson Camara, go-to-market executive at SilverBridge Insurers can effectively 'listen in' to their customers, apply predictive modelling, and...

Essentials for a winning customer experience strategy in 2023

Once a major differentiator between companies, customer experience is now essentially a matter of survival. By Dori-Jo Bonner, digital engagement strategist atTilte Aside from the fact that almost 90% of organisations now claim to compete primarily on customer...

Senior IT Auditor – Remote Remote

An exciting opportunity has arisen for a skilled Senior IT Auditor to join a dynamic and growing team of professionals. The role requires a confident, well-spoken communicator with a strong background in IT auditing. This position is client-facing and demands high...

Front end developer

Seeking a skilled, talented and passionate Front end developer to join our clients team in Cape Town. Your expertise in mobile app development using React Native, could make a significant impact. Key Requirements: Minimum of 6 years of experience professional...

Software Developer – Senior (.Net) at Parvana Recruitment

About our client:Our client, a specialised IT firm, partners with organisations to tackle substantial enterprise-level business, system, or project challenges. Their approach combines a proactive "start-now" philosophy with agile development and just-in-time design...

Implementation Specialist at Parvana Recruitment

About the client:This forward-thinking property developer is highly successful and growing rapidly building on the principles of design excellence, sustainability, and community enrichment, their developments boast beautiful and intuitively designed apartments...

Data Analyst at Parvana Recruitment

About our client:Over the past 20 years, our client has built a stellar reputation in the development and system integration space. Through their extremely ethical values, they have earned the trust and respect of their clients. They prioritise finding effective...

Developer – C# (MASTER) at Parvana Recruitment

Parvana Responsibilities: Deliver code that is functional, understandable, maintainable and testable. Work closely with analysts, documenters and testers. Automated testing of features developed. Deliver technical documentation as and when required. Act as a mentor to...

Senior Data Scientist (CPT)

ENVIRONMENT:JOIN the Cape Town Division of a dynamic Financial Services provider seeking the expertise of a Senior Data Scientist who will be responsible for implementing and managing analytical projects at various public sector or private sector entities. This...

Front end developer – Western Cape Cape Town Region

Seeking a skilled, talented and passionate Front end developer to join our clients team in Cape Town. Your expertise in mobile app development using React Native, could make a significant impact. Key Requirements: Minimum of 6 years of experience professional...

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