Bolt SA tightens controls after fatal profile misuse case

Bolt SA tightens controls after fatal profile misuse case

Bolt’s driver identity verification checks are now conducted multiple times a week. Bolt has intensified its crackdown on driver profile sharing in South Africa, introducing stricter enforcement measures by increasing driver identity verification checks on the driver app. In 2023, the e-hailing firm introduced the Bolt Driver Selfie Verification feature on its mobile app to…

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Defend your cloud with Altron Digital Business

Defend your cloud with Altron Digital Business

As organisations accelerate their digital transformation journeys, cloud adoption has become central to agility, innovation and scale. But as workloads move beyond traditional data centres into hybrid and multi-cloud environments, the attack surface expands and cybersecurity complexity increases. Cloud workloads are now among the most targeted assets in the digital ecosystem. Threat actors continue to…

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ITWeb TV: Don’t believe the (AI) hype

ITWeb TV: Don’t believe the (AI) hype

In this episode of ITWeb TV, Craig Brunsden, MD of Axiz, discusses the reality of AI’s impact on the local channel, including chip shortages and price increases for hardware. He also provides an outlook on the direction of the channel, including future consolidation of key players. Any local demand for artificial intelligence (AI) is yet…

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FirstRand ups stake in Optasia in R1.5-billion deal

FirstRand ups stake in Optasia in R1.5-billion deal

Banking group FirstRand has increased its shareholding in JSE-listed fintech Optasia to 26.1% after acquiring an additional 6% stake in a deal worth about R1.48-billion. The banking group purchased 74.1 million ordinary shares at R20 each on 25 March from an entity owned by Bassim Haidar, Optasia’s founder and non-executive director. The transaction follows FirstRand’s…

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