Alarming rise in deepfakes for the ‘world’s election year’
Africa, along with half the rest of the world's population, will have its share of elections in 2024 - and new data is showing an alarming increase in YoY trends in AI-powered scams. Sumsub - a global full-cycle verification provider - has detected upwards of a 245%...
African industries should look out for these threats …
According to Kaspersky statistics, in the first quarter of 2024, the percentage of industrial control systems (ICS) computers globally on which malicious objects were blocked decreased by 1,3 percentage points (pp) from the first quarter of the previous year, to...
Economic conditions weigh on new vehicle sales
New vehicle sales declined 14,2% year-on-year in May as consumers and business played their final waiting card in search of political stability. "While the politics will play out during June, the new vehicle market will hopefully be able to display more positivity...
Homeowners signal cautious optimism
Absa's Homeowners Sentiment Index for the first quarter of 2024 reveals an uplift in confidence in the property market, with overall sentiment among respondents surveyed climbing to 82% as optimism begins to remerge. In the survey of 1 149 respondents, the number of...
Seacom restores East Africa cable operations
Seacom has restored services to its customers following the completion of subsea repair operations on its East Africa (S1) cable. The physical repair of the subsea cable was completed on 31 May and the process to restore and test client services back to the original...
Thiqa Digital Finance partners with Paymenow in Uganda
Islamic finance platform Thiqa Digital Finance has signed an exclusive technology partnership with earned wage access (EWA) platform Paymenow that will allow Uganda's civil servants to have early and responsible access to their already earned wages, secure and...
Vertiv issues 2023 Responsible Business Report
Vertiv has released its 2023 Responsible Business Report, which details progress in focus areas, and introduces the company's "One Vertiv, One World" plan for advancing the principles of environmental stewardship, fostering a safe, inclusive, and engaged workplace,...
VGS and Onafriq partner in Africa, Middle East
VGS has announced a strategic partnership with African payments network Onafriq, aimed at bolstering security and innovation for fintechs across Africa and the Middle East. As a universal token vault provider, VGS specialises in securely collecting and storing payment...
Supply chain professionals gear up for Cape Town event
Hundreds of supply chain practitioners from across Africa and around the world will meet in Cape Town next week for the annual SAPICS Conference. Hosted by the Professional Body for Supply Chain Management (SAPICS), this year's gathering represents a vital opportunity...
ABB online calculator helps business map energy efficiency savings
Businesses across the world face the goal of doubling progress towards energy efficiency by 2030 to meet COP28 emissions targets and cut energy costs. However, a recent report from the Energy Efficiency Movement shows that while there is optimism and appetite among...
SA’s Zoie Health selected for Google for Startups Growth Academy
Google for Startups has announced 24 startups selected for the 2024 cohort of the Growth Academy: AI for Health program. The program is designed to support high-potential startups across Europe, the Middle East, and Africa (EMEA) that are leveraging artificial...
Payment processor Revio rebrands as Precium
South African payments orchestration startup known as Revio has announced that it is rebranding to Precium. Over the past 18 months, Precium experienced growth in its team, product capabilities, and merchant base, attracting the attention of global merchants looking...