Global IT spend set for 9,8% growth in 2025
Worldwide IT spending is expected to total $5,61-trillion in 2025, an increase of 9,8% from 2024, according to the latest forecast by Gartner. “While budgets for CIOs are increasing, a significant portion will merely offset price increases within their recurrent...
Stargate puts down $100bn for AI infrastructure
US president Donald Trump has announced a new joint venture, Stargate, that will immediately unlock $100-billion in infrastructure projects to power artificial intelligence (AI). The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank...
Trump’s AI initiative a wake-up call for investors
US President Donald Trump’s announcement of a $100-billion artificial intelligence (AI) investment venture, with industry leaders such as SoftBank’s Masayoshi Son, OpenAI’s Sam Altman, and Oracle’s Larry Ellison at the helm, confirms that investors should be looking...
Critical minerals group braces for US policy shifts
The Critical Minerals Africa Group (CMAG), the advocacy group seeking to foster deeper relations between Africa and global markets and put Africa at the heart of international discussions surrounding critical minerals policy, is working closely with its members and...
What Trump’s return to the White House means for business travellers
Donald Trump, heralding many changes - including how people travel for business. "Business travel doesn’t happen in a bubble," says Mummy Mafojane, productive operations leader at FCM. "Politics, economics, and global events all play a role in shaping policies that...
Robust growth forecast for distributed cloud networking
The distributed cloud networking market is projected to grow from $4-billion in 2023 to $17-billion by 2028 - a compound annual growth rate (CAGR) of 34% percent – according to a new report from Dell’Oro Group. This growth is driven by enterprises’ transition to...
Interest in crypto-stealing drainers surges
Dark web threads discussing crypto-drainers – malware designed to swiftly drain cryptocurrency wallets – saw a significant rise in 2024, as revealed by the latest Kaspersky Security Bulletin. Kaspersky also reported a 40% spike in corporate database ads on a prominent...
Microsoft still top brand for phishing
In the fourth quarter, Microsoft retained its position as the most imitated brand, accounting for 32% of all brand phishing attempts, according to the latest Brand Phishing Ranking for Q4 2024 from Check Point Research (CPR). Apple held on to the second position with...
The evolution of data’s ‘AI-dentity’
In a time where data drives decision making and innovation, the journey of artificial intelligence (AI) has transformed from a technical concept to a cornerstone of modern business strategies. And today, we’ve reached the point in the evolution of data’s ‘AI-dentity’...
Registration opens for SAPICS conference
Early Bird registration is open for the 2025 SAPICS Conference, taking place in Cape Town from 8 to 11 June 2025. Organiser and leading industry body SAPICS has announced that this year’s conference features an exciting addition that makes it a must-attend event for...
What MNEs need to know about the new Global Minimum Tax Act
President Cyril Ramaphosa recently signed into law the Global Minimum Tax Act and Global Minimum Tax Administration Act. “The new legislation gives effect to the OECD Global Anti-Base Erosion (GloBE) rules designed to alleviate a member country’s potential tax losses...
Naked raises R700m to accelerate insurance transformation
South African insurtech Naked has secured $38-million (about R700-million) in its latest funding round as it continues to redefine insurance through technology-driven convenience, transparency and cost-effectiveness. The Series B2 funding round was joined by global...