R2R encompasses the entire financial close cycle – from recording transactions to reporting financial results. (Image: MoData) South African businesses are under pressure to deliver financial results faster while maintaining absolute accuracy and compliance. In industries like financial services, retail, telco and gaming, the volume and complexity of transactions have soared, making manual spreadsheet-based reconciliations…
The longtime ruler, in power since 1999, has secured 97 percent of the vote, according to official results. Published On 11 Apr 202611 Apr 2026 Djibouti’s longtime President Ismail Omar Guelleh has claimed a landslide victory in the country’s latest elections, ushering in his sixth consecutive term in the Horn of Africa country. Guelleh secured…
Optasia CEO Salvador Anglada Optasia has secured US$330-million (R5.4-billion) in refinanced and upsized debt facilities, with Standard Bank acting as joint mandated lead arranger and underwriter in a deal that deepens the banking group’s relationship with the JSE-listed fintech. The facilities comprise a $180-million term loan and $150-million in bank guarantees, and are designed to…
Vice President JD Vance and Treasury Secretary Scott Bessent last week questioned leading tech CEOs about the security of artificial intelligence models and how to respond to cyber attacks before Anthropic released its new Mythos model, CNBC has learned. The meeting occurred over the phone, according to two people familiar with the matter who asked…
Investors are becoming wary of AI companies’ spending on AI. (Graphic: Nicola Mawson | GenAI and Freepik) The concerns US investors have over the sustainability of hyperscalers’ artificial intelligence (AI) spending has crossed the Pacific, to not only weigh on Naspers subsidiary Tencent, but also on the JSE-listed company. These worries are reflected in the…
IE 11 is not supported. For an optimal experience visit our site on another browser. Skip to Content news Alerts There are no new alerts at this time 01:43 Artemis II astronauts hoisted by helicopter to Navy ship 00:0000:00
South Africa’s ability to compete in the global digital economy is slipping, with key metrics on infrastructure, broadband access and the country’s skills profile lagging as peer economies make faster headway. These are among the findings of the South Africa’s Digital Infrastructure Investment Study (Sadis) 2025 report (PDF) released by the Development Bank of Southern…
“Fidesz rule has to stop, they stole a lot and the country’s dying,” says Eva, who believes 90% of people in the market still back them. “Tisza supporters only see the bad things about Orbán,” Andrea retorts. “If you look around in the city, they renovated six schools, and built new buildings in the hospital.”…
The National Gambling Board’s gambling portal must stay updated to be effective. (Graphic: Nicola Mawson | ITWeb and Freepik) While the National Gambling Board’s (NGB’s) introduction of a portal that will allow punters to verify the legal status of online gambling sites is a welcome move, the industry also cautions that the database must be…
A charity that Prince Harry co-founded in Africa to honor his late mother, Princess Diana, is suing him for defamation after he stepped down as a patron last year. Sentebale, which Harry co-founded with Prince Seeiso of Lesotho in 2006 and helps youths with HIV in southern Africa, filed suit last month in London’s High…
