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Five forces triggering Wall Street’s $3trn tech crash

There are five main triggers behind the $3-trillion tech crash that tore through Wall Street on Thursday, according to Nigel Green, CEO of deVere Group. His comments come as the Nasdaq plunged 5.5% in its most brutal session since April 2025, slamming into correction...

Beyond AGOA: Building a more resilient export strategy

The prospect of South Africa losing its benefits under the African Growth and Opportunity Act (AGOA) understandably raises concerns, writes Meluleki Nzimande, partner at Webber Wentzel. Preferential access matters, particularly where exporters operate on tight...

NASA experiments with drones for planetary landings

NASA successfully demonstrated technology designed to help spacecraft autonomously navigate to safe landing sites on the Moon and on other planets. An Alta-X drone equipped with the agency’s Safe and Precise Landing – Integrated Capabilities Evolution (SPLICE)...

Strategic workforce planning in the AI era

By 2029, 30% of employees who were terminated and replaced by AI will be rehired, often at a higher cost, as organisations struggle to align workforce decisions with evolving business needs, according to Gartner. At the research group’s recent HR Symposium/Xpo,...

Visa opens first African data centre in Joburg

Visa has opened a new data centre in Johannesburg, the company’s first in Africa, as part of three-year R1-billion investment into South Africa. The data centre, which is already operational, ensures that local transactions are processed securely, seamlessly and...

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Trump administration make AI a priority

US president Donald Trump has signed three new executive orders aimed at strenthening the US’s dominance in the artificial intelligence (AI) landscape. The executive orders come hours after the government released a National AI Action Plan that details strategies to...

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Meat prices push grocery bills up

Meat was the biggest driver of food inflation after surging to a 25-month high of 6,6% year-on-year and 2,2% month-on-month in June 2025. This is according to Paul Makube, senior agricultural economist at FNB Commercial. The foot and-mouth (FMD) disease outbreak...

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New backdoor targets MS Exchange servers

Kaspersky’s Global Research and Analysis Team (GReAT) has uncovered a new backdoor based on open-source tools, dubbed GhostContainer. The previously unknown highly customised malware was discovered during an incident response (IR) case, targeting Exchange...

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Leadership shake-up at Rain

Brandon Leigh, founder and CEO of rain, has stepped away from his executive position and moved into a strategic advisory role on the board. Conrad Leigh, previously the chief operating officer, has been appointed as the company’s new CEO. Brandon Leigh will take on...

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Luno debuts tokenised US stocks

Luno has launched international tokenised stocks and ETFs, which will be available for South Africans in early August 2025. Through Luno, South Africans will have easy access to more than 60 of the world's most valuable US-listed companies and indices, without needing...

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