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...

xAI raises $6bn in funding

Elon Musk’s xAI has closed  its Series C funding round of $6-billion with participation from key investors including A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley OIA, QIA, Sequoia Capital, Valor Equity...

Sales suffer during a transformation

According to a survey by Gartner, only 11% of sales organisations have been able to drive commercial success while executing a transformation. Gartner surveyed 234 heads of sales and senior sales leaders in May through June 2024 to identify productivity levers that...

Workers are keen on GenAI, but more wary in their personal lives

In a mere five days, ChatGPT amassed a million users, solidifying its status as a household name and highlighting a widespread public fascination with artificial intelligence (AI). According to new research by Boston Consulting Group (BCG), consumers' knowledge and...

Debt burden, resource-backed loans hinder Africa’s potential

Africa's immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt resolution and compromise countries' future growth. "I think it's time for us to have debt transparency accountability and make sure that this whole...

Finance professionals divided about the future of finance

A clear divide has opened up between accounting and finance professionals who work as business partners and those who don't. This is among the findings of a new paper from AICPA & CIMA, which have released their 'Re-defining finance for a sustainable world' white...

Deepfake frauds are on the rise

The artificial intelligence (AI) renaissance, which turned artificial intelligence into one of the hottest topics in both the consumer and business sectors, comes with its dark side, as more and more scammers use AI tools for cyberattacks and data breaches....

Right-to-repair law could cut e-waste

It's a frustrating scenario most South African consumers are all too familiar with: You purchase an expensive new electrical item or electronic device, and shortly after the warranty expires, a small part breaks. But when you take it into the manufacturer, they simply...

Startup innovation shapes tech landscape

In the ever-evolving landscape of tech innovation, practical and customer-centric solutions take centre stage - from AI-driven medical diagnostics to streamlined IT management platforms enhancing operational efficiency, the focus is on solutions that directly impact...

Immunisation saves millions of African lives

An estimated 51,2-million lives have been saved through vaccines in the African region over the past 50 years. For every infant life saved over that period, close to 60 years of life are lived, a new report by World Health Organization (WHO) finds. These achievements...

Deposit Insurance protects banking customers

The Corporation for Deposit Insurance (CODI) now aligns South Africa with the rest of the G20, guaranteeing cash deposits of up to R100 000 per qualifying depositor in the event of a bank collapse. The Reserve Bank estimates that the R100 000 cap means that more than...

More News Today

DMP SA joins forces with Gabsten Technologies

Data Management Professionals South Africa (DMP SA) has joined forces with Gabsten Technologies to deliver end-to-end data management services, solutions and consulting. "The two businesses have always worked closely together, but with the onslaught of Covid-19 we saw...

Jon Hoehler elected as WASPA treasurer

Having started his career in mobile telecoms in 2004, Jon Hoehler is now the newly-elected treasurer of WASPA. His focus will be to provide strategic and financial guidance to help build on the strong financial structures already in place at WASPA and ensure the...

Data management key to surviving any disaster

South Africans have found out the hard way that you never know when or how disaster might strike. And many companies are now discovering that staying in business after a disaster is closely tied to how quickly they can restore their IT operations. Disasters take many...

Huawei, DCDT kick off Women4Tech digital skills training programme

Huawei South Africa, in partnership with the Department of Communications and Digital Technologies, has officially launched the Women4Tech digital skills training programme, with an attendance of 107 women entrepreneurs. The initiative aims to help women advance their...

Confronting the ‘glass cliff’ could accelerate female leadership

Appointing women leaders only during a crisis should trigger introspection and open opportunities to address gender bias head-on, argues Prabashini Moodley, MD of Old Mutual Corporate. The Covid-19 pandemic has brought the topic of leadership to the fore again. In...

Board changes at Net1

Net1 has appointed Kuben Pillay as chairman of the board, effective 18 August 2021. Pillay has been a non-executive director since June 2020 and fills this role as a result of the death of Jabu Mabuza who passed away as a result of Covid-19 complications earlier this...

Wits DigiMine to host annual digital mining seminar

Mining's digital future comes under the spotlight again at the University of the Witwatersrand in September, with the Wits Mining Institute's annual digital mining technology seminar. Hosted by the Wits Sibanye-Stillwater Digital Mining Laboratory (DigiMine), the...

WeThinkCode_ seeks volunteer mentors

WeThinkCode_ is looking for experienced software practitioners to mentor its second-year students and help build South Africa's next generation of software programmers. Industry mentors will form part of the software programming academy's new Volunteer Programme,...

President’s defence of cadre deployment criticised

According to a report in Business Day, President Cyril Ramaphosa ended his recent testimony to the Zondo Commission with a defence of the government's transformation policy, and urged Deputy Chief Justice Zondo not to order that the ANC's deployment committee be...

Senior Business Analyst

Our team is dedicated to transforming how businesses operate, leveraging technology to enhance efficiency, and creating solutions that benefit both our clients and stakeholders. We are looking for an experienced Senior Business Analyst to join our growing team and...

Data Analyst (JHB) – Gauteng Johannesburg

ENVIRONMENT:Our client is a development company with branches in Stellenbosch and Johannesburg, specializing in the development of cutting-edge agricultural technologies. They are currently searching for a Data Analyst as part of their Data as a Service (DaaS) team....

NOC Engineer – Gauteng Dunkeld West

Responsible for monitoring network performance, managing incidents, and performing initial troubleshooting to ensure the reliability and security of high-speed connectivity solutions. Available immediately. Qualifications and Minimum Requirements: MatricMikrotik MTCNA...

Full Stack Developer – Gauteng Centurion

We're looking for a driven Software Developer who is dedicated to their personal and professional growth. Join our passionate team, where you'll have the opportunity to make a meaningful impact and gain exposure across diverse industries. We're seeking a candidate...

Senior Business Analyst – Gauteng Johannesburg Region

Our team is dedicated to transforming how businesses operate, leveraging technology to enhance efficiency, and creating solutions that benefit both our clients and stakeholders. We are looking for an experienced Senior Business Analyst to join our growing team and...

IT DevOps Engineer

Fully remote position or in office. The position reports to the DevOps Engineering Manager Your mission, should you choose to accept it: Terraform to manage Cloud Infrastructure, Chef to manage virtual serversBuilding and deploying systems for metrics, monitoring, and...

Database Administrator at C-Pact Enterprise

Responsibilities: Manage database tasks such as design, troubleshooting, and replication.Ensure smooth operation and performance of databases.Maintain accuracy and consistency across all databases.Create product codes, descriptions, and allocate barcodes.Compile...

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