US government takes 9,9% equity stake in Intel

The US government has officially taken a stake in Intel, making an effective $8,9-billion investment in the company’s common stock. The government’s equity stake will be funded by the remaining $5,7-billion in grants previously awarded, but not yet paid, to Intel...

AU endorses efforts to change the world map

The African Union (AU) has endorsed a campaign to use a map that represents Africa more accurately than the traditional Mercator map that is mostly used today. The currently-used map was drawn up in the 16th century by catographer Gerardus Mercator, and inaccurately...

IBM, NASA debut open source AI model for solar observation

IBM and NASA have unveiled the most advanced open-source foundation model designed to understand high resolution solar observation data and predict how solar activity affects Earth and space-based technology. Surya, named for the Sanskrit word for the Sun, represents...

Giant radar antenna reflector in full bloom

Seventeen days after NISAR’s launch from southeastern India, an essential piece of science hardware has unfurled in orbit. Spanning 12 metres, the drum-shaped antenna reflector on the NISAR (NASA-ISRO Synthetic Aperture Radar) satellite mission from NASA and the...

Webb discovers a new moon orbiting Uranus

Using NASA’s James Webb Space Telescope, a team led by the Southwest Research Institute (SwRI) has identified a previously unknown moon orbiting Uranus, expanding the planet’s known satellite family to 29. The detection was made during a Webb observation on 2 February...

EchoLink and the rise of zero-click AI exploits

Cybersecurity researchers at Check Point have uncovered a critical zero-click vulnerability in Microsoft 365 Copilot - dubbed EchoLink - which allows attackers to extract sensitive corporate data without any user interaction. The exploit, which has since been patched...

Robust July sales for SA’s used cars

The South African used car industry is growing from strength to strength - with the latest July 2025 numbers showing YoY and month-on-month growth, reflecting the continued trend of renewed consumer confidence and a resilient used vehicle market. The top five...

Giant radar antenna reflector in full bloom

Seventeen days after NISAR’s launch from southeastern India, an essential piece of science hardware has unfurled in orbit. Spanning 12 metres, the drum-shaped antenna reflector on the NISAR (NASA-ISRO Synthetic Aperture Radar) satellite mission from NASA and the...

The quest for quantum AI advantage

The clock is ticking down to the realisation of quantum AI and the sought-after “quantum advantage”, but in many boardrooms, however, quantum remains mysterious: full of promise, but not fully understood. Still, the desire to profit from being first on the scene is...

Fintech industry poised for its next wave of disruption

Global fintech is entering a new era of maturity and momentum – it has finally emerged from a tough funding environment much stronger, more disciplined, and with greater growth prospects than ever. This is according to a new report from Boston Consulting Group (BCG)...

Salaries slide in July

The average nominal take-home pay declined somewhat in July 2025, according to the latest BankservAfrica Take-home Pay Index (BTPI), which tracks the monthly salary movements of approximately 3,8-million South African salary earners. However, the latest salary...

US government to buy into Intel

The US government is poised to take a 10% equity stake in Intel. The news follows yesterday’s announcement that Softbank Group will invest a further $2-billion in the US chip-maker. Now, according to news reports, US commerce secretary Howard Lutnick has confirmed the...

Stablecoin adoption leads to global expansion for Yellow Card

Following its rapid progress in Africa, Yellow Card – a leading stablecoin payments infrastructure provider – is expanding into other key emerging markets including Argentina, Brazil, Bangladesh, India, Mexico, Pakistan, and Colombia. The company’s global expansion is...

Nvidia slide exposes risks in tech-driven rally 

A sudden stumble in Nvidia stock has shaken Wall Street, sending the Nasdaq 100 down 1,4% in one of its sharpest drops since April. The selloff highlights both the enduring power of the AI story and the fragility of markets built on a handful of names, says Nigel...

More News Today

What financial institutions need to know about the COFI Bill

Once enacted, the much-anticipated Conduct of Financial Institutions Bill (COFI) will introduce a significant shift in the legislative and regulatory landscape of South Africa’s financial services sector. It forms a key component of the country’s Twin Peaks regulatory...

Building the workforce of the future with humans and machines

As AI becomes a fixture in the workplace, it’s not replacing us, it’s changing the way we work. From productivity gains to new skill demands, here’s how digital labour is changing jobs, and why Africa must seize the day By Ursula Fear, senior talent programme manager...

Capitec, Mama Money partner for cross-border remittances

Capitec Bank has partnered with leading remittance fintech Mama Money to reduce the cost and simplify sending money across borders for the country's 2,4-million migrants. The partnership addresses a critical need in South Africa's financial ecosystem, where migrants...

Telkom rolls out rural fibre

Telkom is expanding fibre access into some of South Africa’s most underserved communities, turning a government infrastructure contract into a broader drive to close the country’s long-standing digital divide. Using the infrastructure of its subsidiary Openserve,...

CIMA launches Business Resilience Toolkit

The Chartered Institute of Management Accountants (CIMA) has launched a Business Resilience Toolkit designed to support finance professionals and business leaders in building resilience amid economic uncertainty and challenging conditions. The most recent Small...

SOEW achieves zero-second grid-to-zero-backup power switch

JSE-listed cable manufacturer South Ocean Electric Wire (SOEW) has completed a solar installation it says marks seamless switching from grid to backup power in zero seconds. Developed in partnership with GreenSun, a renewable energy supplier, the system enhances...

Xero simplifies tax compliance, helps manage cash flow

Xero has unveiled a suite of product innovations in South Africa that introduce greater automation, AI enhancements, and new mobile capabilities for accountants, bookkeepers and small businesses. The updates will streamline the tax filing process and enable small...

Security as code: A pragmatic approach to DevSecOps

In the race to digital, security has often been the afterthought that creates bottlenecks and vulnerabilities. As the DevSecOps market grows at 13,2% annually towards a projected $45,93-billion valuation, organisations are recognising that traditional security...

Flood raises $3,5m to digitise offline commerce

Flood has raised as further $2,5-million in seed funding to expand its operations. The funds, backed by CRE.vc and leading angel investors, follow a successful $1-million round in July 2024, and will be used to accelerate market entry and expand Flood’s partnerships...

Developer – PYTHON (MASTER) at Parvana Recruitment

Role:Our client develops exciting software using modern tools, techniques and methodologies. Responsibilities:Product design, programming, bug verification, and testing of computer programs for software products and/or customer applications.Researching problems and...

Business Analyst (Finance) at Parvana Recruitment

About our client:Our client is a global investment advisory firm focusing on long-term value creation through investment strategies. They work with a diverse group of institutional partners and pride themselves on their collaborative, sustainable, inclusive culture...

Developer (Security & Automation)

Company Overview:Our client is a leading healthcare organisation dedicated to delivering efficient and innovative managed healthcare solutions. Position Overview: The company is looking for a motivated and proactive Developer who takes initiative and enjoys solving...

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