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Chip stocks to stay wild

Wild swings in global chip stocks are likely to continue until markets know where US interest rates are heading and who controls Congress after the midterms. This is the warning from Nigel Green, CEO of deVere Group as the turmoil spread from Wall Street to Asia on...

Ampath confirms hack, but disputes theft of 80m patient records

Ampath, one of the country’s biggest pathology labs, has confirmed that it has been the victim of a cyberattack, but has issued a statement clarifying the claim by hackers that “80-million patient records” have been stolen. The company says it has contained the...

Smartphone shipments tank, with worse to come

The global smartphone market shrank 22.0% year-on-year to 255,3-million units in the third quarter of 2026 (3Q26), according to the preliminary data from IDC Research (IDC) Worldwide Quarterly Mobile Phone Tracker, Shipments tanked 22% year-on-year (YoY) in 3Q26,...

Google funds UCT to accelerate AI platform

The University of Cape Town (UCT) has secured $1,6-million (approximately R26,4-million) from Google.org to develop an artificial intelligence (AI)-powered platform that could help doctors make safer, more effective treatment decisions for African patients by mapping...

HR lags in GenAI adoption

A Gartner survey of 105 HR leaders on June 21 revealed that just 5% of HR leaders report their function has already implemented generative AI (GenAI), while another 9% reported they are currently conducting generative AI pilots. “More than half of HR leaders surveyed...

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Mission 300 aims to light up Africa

In a continent where millions of homes are still shrouded in darkness each night, a groundbreaking initiative is sparking hope. This week, African and global changemakers will converge in Dar es Salaam, Tanzania, for the inaugural Africa Heads of State Energy Summit,...

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SA a rising power in 2025 iGaming trends

The global iGaming Trends 2025 Report has identified South Africa as a critical growth market within the continent’s expanding sector. Published by SoftSwiss, a leading international tech company developing software for the entertainment industry, the report leverages...

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Is this the start of a ‘crypto arms race’?

The Trump administration’s exploration of the creation of a national Strategic Bitcoin Reserve (SBR) could signal the dawn of a global “crypto arms race”. The prediction from the deVere Group CEO Nigel Green comes after President Donald Trump announced that his...

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DTI attempts to allay Empowerment Fund fears

The Department of Trade, Industry and Competition (the dtic) says the new R100-billion Transformation Fund is not a new tax, but rather a way of facilitating existing broad-based black economic empowerment (B-BBEE) commitments. In a statement, the DTI says the...

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World leaders outline bold visions for the future

US President Donald Trump outlined his strategy to bolster the US economy and “unleash” investment in a wide-ranging speech via live video link to around 3 000 global leaders at the World Economic Forum Annual Meeting in Davos. The newly inaugurated president pledged...

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New deputy-CEO, CTO for Mpilo Technologies

Mpilo Technologies has announced the appointment of Motsholane Sebola as deputy-CEO and Sizwe Mabanga as chief technology officer. “We are excited to announce Motsholane’s new role as deputy-CEO,” says Denzil Fillis, CEO and founder of Mpilo Technologies. “Mo started...

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Moloi is new SAPICS president

Supply chain industry body SAPICS has announced Thato Moloi as its new president. Moloi, who has served on the SAPICS board of directors for almost three years, takes over from outgoing president MJ Schoemaker. Moloi comments: “Today’s turbulent supply chain landscape...

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