Digital payment cards set to take off
A new study from Juniper Research has found that the number of payment cards issued via digital platforms will reach 1,3-billion annually by 2027 - up from just 500-million in 2023. This growth of 170% reflects strong interest in improving the way users access and...
Clipper malware targets cryptocurrencies via fake Tor Browser
Kaspersky researchers have discovered an ongoing disruptive cryptocurrency theft campaign affecting more than 15 000 users across 52 countries. Distributed under the guise of Tor Browser, the malware operates by replacing a portion of the entered clipboard contents...
Sustained profitability for EOH
EOH has reported sustained operating profitability during the six months ended 31 January 2023 and the subsequent deleveraging of the group's balance sheet post the capital raise after the half year end. Highlights for the period include: * R110-million in operating...
Virgin Orbit files for bankruptcy
Richard Branson's space launch provider Virgin Orbit Holdings has begun a voluntary proceeding under Chapter 11 of the US Bankruptcy Code in the United States Bankruptcy Court to sell the business. With the support of Virgin Investments in the form of...
IBM IBM z16, LinuxONE 4 single-frame and rack-mount options
IBM has unveiled new single-frame and rack-mount configurations of IBM z16 and IBM LinuxONE 4, expanding their capabilities to a broader range of data centre environments. Based on IBM's Telum processor, the new options are designed with sustainability in mind for...
‘Proudly South African’ more than just a slogan
The International Monetary Fund (IMF) has painted a grim picture of the South African economy predicting that real GDP growth will slow sharply to 0,1% in 2023, but with consumer spending set to increase by 1,9% in 2023 - and more South Africans opting to "buy local"...
How tech can help with fintech compliance
South Africa's fintech sector is growing exponentially, with 71% of consumers now using fintech to perform five or more everyday financial tasks. Consequently, a number of regulations to govern the industry are currently being developed, amended, or discussed....
Paymenow raises R250m debt facility
Earned Wage Access (EWA) platform Paymenow has raised a R250-million ($14-million) debt facility through Rand Merchant Bank (RMB) in a first-of-its-kind structure for the EWA market in South Africa. EWA is a financial wellness offering to employees which allows them...
Call for training providers to develop entrepreneurial skills
In a free-market economy, small business is the foundation upon which employment and economic growth are underpinned. South Africa, however, has one of the highest SMME failure rates worldwide, with five out of every seven failing in the first year. Rajan Naidoo, MD...
HCI emerges as a catalyst for data centre modernisation
In this data decade, organisations are looking to get the most out of their data, developing new breakthroughs in technology that everyone will experience in some way. The more effectively an organisation can harness the power of this data, the better - to ensure it...
ChatGPT and GPT4: Wikipedia 2.0 or a fresh starting point for society?
The history of the internet is awash with cautionary tales. Stories of catastrophe that never came to pass - like the millennium bug - to widely lauded, future-altering innovations that have faded to become a mere stitch in the tapestry of the world's digital...
Employee experience critical for workplace productivity
South Africans have had no shortage of workplace challenges over the past few years. From pandemic-induced lockdowns to navigating 'work from home' routines, and now rolling blackouts that threaten productivity regardless of location, employers have had their hands...