Digital assets, AI are hot as fintechs pull in $44,7bn

Despite the cautious optimism permeating the fintech sector heading into 2025, the first half of the year saw fintech investment and deals slow considerably amid headwinds from ongoing geopolitical tensions and concerns around evolving trade policies. Total fintech...

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...

HPC, AI drive 15-fold increase in HBM demand

Parallel computer architectures, such as those deployed for modern high-performance computing (HPC) and artificial intelligence (AI) workloads, frequently encounter memory bottlenecks that limit performance, known as the 'memory wall'. Historically, this has stemmed...

Stock market set for 2026 surge after slump

The stock market had a rough start in 2025, with the S&P 500 dropping 10% due to investors’ recession fears. Despite a brief stock rally in mid-March, economic uncertainty and trade tensions have set the ground for a disappointing end to a quarter. The market...

UCT converts waste to energy and water

The University of Cape Town’s (UCT) Centre for Bioprocess Engineering Research (CeBER) is working on a project that breaks down waste and converts it to an energy source for cooking or to produce water that can later be used to irrigate on-campus vegetable gardens....

Data privacy breaches costing insurance industry

Cyber claims have continued their upward trend over the past year - driven in large part by a rise in data and privacy breach incidents, according to Allianz Commercial’s annual cyber risk outlook. The frequency of large cyber claims (>€1-million) in the first six...

Financial inclusion demands better digital safety

Digital fraud cost South African consumers more than R740-million in 2022 alone, highlighting an urgent need for stronger digital safety measures to ensure true financial inclusion. And, as digital payments grow in popularity, so does the threat of fraud. The Southern...

Eskom price hikes could jeopardise renewable energy gains

The recent proposal by Eskom for a 44% increase in electricity prices starting April 2025 could pose a significant challenge to South Africa's energy market reform - particularly impacting renewable energy adoption and integration. As the country celebrates over 150...

Africa on the cusp of a gas revolution but …

The pipeline of gas projects being developed in Africa has never been stronger but, if the continent is to be competitive in an extremely dynamic international gas market, it must ensure that it offers value. This means shaping an offer that meets the financial and...

Strong growth forecast for IT services

The global IT services market is expected to reach $2,59-trillion by 2030, according to a new report by Grand View Research, which says it is anticipated to grow at a CAGR of 9,5% from 2024 to 2030. Increasing concerns regarding data security and privacy protection...

Global PC shipments see Q3 decline

Worldwide PC shipments totaled 62,9-million units in the third quarter of 2024, a 1,3% decline from the third quarter of 2023, according to preliminary results by Gartner. This decline comes after three consecutive quarters of year-over-year growth for the PC market....

The growing importance of FinOps in cloud spending

Triggered by the DevOps trend toward the continuous integration and continuous delivery of modern application architectures, financial operations (FinOps) initiatives are growing massively in importance, according to GlobalData. The practice of FinOps represents a...

More News Today

Stephen Morony returns to Cell C

Cell C has announced the appointment of Stephen Morony as the new chief officer: wholesale business effective from 1 January 2023. He returns to Cell C, having been responsible for the end-to-end management of Cell C's mobile virtual network operator (MVNO) as the...

Azure NetApp files general availability

Microsoft has announced the general availability of Azure NetApp Files in its enterprise-grade data centres in Johannesburg and Cape Town. This native Azure service enables businesses to deploy and run file-based applications in the cloud without having to refactor or...

VMware modernises PoS for global retailers

Vmware has unveiled a new solution to help global retailers modernise point of sale (PoS) and unlock more financial value from their PoS systems. Developed in collaboration with Stratodesk, a VMware retail ISV partner, the new VMware Retail PoS modernisation solution...

Limitless takes first prize in Acer EMEA Predator League

Following a nail-biting showdown between South Africa's best national teams, the 2022 Acer Predator League came to a close with esports organisation Limitless taking home first prize. The team, led by Rocket League professional player Gareth "Snowyy" Spiers, claimed...

Why printed paper remains a keystone of education in the digital era

Recent years have seen schools shift their focus from traditional learning methods to digital learning strategies such as interactive whiteboards and virtual classrooms. While this technology is useful, one tool remains essential for helping students get the most out...

Top tech trends for Africa

Businesses and people all over the world need technological advances to improve the quality of life, the economy, and the growth of their industries. In Africa, the internet economy has the potential to grow to $180-billion by 2025,or - 5,2% of the continent's GDP....

Intelligence driving the next generation of PCs

Today's workplace continues to evolve. Cultural shifts have companies increasingly prioritizing flexible work schedules and promoting decentralized workforces. This is all possible thanks to new innovations and investments in technology that empower workers to be more...

African organisations can use AI to accelerate sustainability

Companies in Africa can no longer view sustainability goals as an option - it is a business imperative. By Ria Pinto, country GM and technology leader at IBM South Africa In today's interconnected world, business leaders on the continent face growing pressures for...

New year, new risks: the biggest emerging cyber threats for 2023

FortiGuard Labs researchers have warned that cyber criminals are finding yet more ways to weaponise new technologies at scale to enable more disruption and destruction. By Doros Hadjizenonos, regional director at Fortinet In their Threat Predictions for 2023, the...

How effective is your digital supply chain management?

As digital transformation increases at a dizzying pace, digital supply chain (DSC) management has become a business necessity. Software estates are ever-increasing, contracts and licences are becoming more complicated, and preventing wastage is more challenging than...

BI Consultant at Parvana Recruitment – Western Cape Cape Town

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...

Senior C# Developer

Our client, a leading technology company, is looking for an experienced Senior C# Developer to join their team. Initially, the position will be remote, with the option to transition to onsite work in Pretoria as required. The successful candidate will have a strong...

Software Engineer (Snr) at Parvana Recruitment

This is a remote position. About our client: Headquartered in the USA, our client offers a great remote work opportunity. Embrace work-from-home flexibility and long-term prospects, including overseas opportunities. Benefit from learning from the best in the field at...

Project Manager (Software) (Contract) at Parvana Recruitment

About our client: Our client is a dynamic IT company delivering innovative, value-driven solutions. Their culture is built on pride in their work, respect for colleagues, partners, and communities, and a commitment to collaborative decision-making. They also believe...

Developer – Java (MASTER) at Parvana Recruitment

Parvana Role: Our client develops exciting software using modern tools, techniques and methodologies. Responsibilities: Build and support applications in a technically exciting and challenging industry. Design, develop, test, document and support applications written...

Developer – Internship Role (CPT) at Parvana Recruitment

Parvana Role: Our highly successful national client is looking for a bright and ambitious developer for their team. You are not expected to know anything, you will be provided with courses as well as on the job training which will last for over 4 months. This role can...

Business Analyst at Parvana Recruitment

About the Role: As a Business Analyst, you will play a crucial role in bridging the gap between business needs and technology solutions. You will work closely with stakeholders to understand requirements, analyse processes, and recommend improvements to enhance...

Senior C# Developer – Gauteng Pretoria CBD

Our client, a leading technology company, is looking for an experienced Senior C# Developer to join their team. Initially, the position will be remote, with the option to transition to onsite work in Pretoria as required. The successful candidate will have a strong...

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