AI fraud is outrunning South African banking defences

AI fraud is outrunning South African banking defences

In March 2026, Standard Bank publicly warned about AI-generated voices, cloned emails and deepfake content being used to mimic legitimate bank communications and staff. This type of activity has continued through to mid-2026 with the South African Banking Risk Information Centre (Sabric) also warning that criminals are using AI tools to impersonate bank officials, create…

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Blu Label earnings hit by Cell C restructuring

Blu Label earnings hit by Cell C restructuring

The expected significant decline in reported earnings comes as Blu Label continues to account for the complex restructuring of Cell C. (Image source: iStock) Blu Label Unlimited expects earnings per share (EPS), headline earnings per share (HEPS) and core HEPS to fall by more than 20% for the year ended 31 May, as accounting effects…

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At least 38 killed after powerful 7.7 earthquake strikes Indonesia, triggers tsunami warning

At least 38 killed after powerful 7.7 earthquake strikes Indonesia, triggers tsunami warning

A 7.7-magnitude earthquake that struck eastern Indonesia on Saturday killed at least 38 people, a disaster management official said, revising an earlier toll. “Thirty-eight people have been confirmed dead, two were seriously injured, 11 sustained minor injuries, and approximately 2,000 people have evacuated on their own,” National Disaster Mitigation Agency chief Suharyanto told a news…

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Blu Label’s earnings just fell off a cliff

Blu Label’s earnings just fell off a cliff

Blu Label co-CEOs, brothers Brett and Mark Levy Blu Label Unlimited Group, previously Blue Label Telecoms, expects headline earnings per share for the year to 31 May 2026 to fall by more than 80%, and to report a loss at the earnings per share level, as the accounting consequences of Cell C’s separation and listing…

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My AI Lawyer broadens access to legal services

My AI Lawyer broadens access to legal services

My AI Lawyer is designed to meet people where they are and democratise access to legal services. (Image source: iStock) My AI Lawyer is looking to expand its voice access functionality, possibly enabling a two-way conversation with the artificial intelligence (AI)-based legal advice tool in the future. So says Darren Cohen, head of distribution and marketing at…

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Beijing said to move to clarify ambiguity in offshore trust tax rules

Beijing said to move to clarify ambiguity in offshore trust tax rules

A growing appreciation of family-oriented leisure pastimes and rapidly increasing prosperity are driving demand for vessels from dinghies to yachts. Nelson Ching | Bloomberg | Getty Images Beijing is moving to clarify new tax rules on offshore trusts that have sowed confusion among wealthy Chinese citizens and their advisers.  China’s State Taxation Administration is conducting…

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