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ZAR Supercoin is South Africa’s latest rand stablecoin

ZAR Supercoin is South Africa’s latest rand stablecoin

South Africa has a new rand-pegged stablecoin. Called ZAR Supercoin, the stablecoin is “purpose-built for South Africa and the wider African market”, according to its backer, New York-listed Super Group. ZAR Supercoin is the second rand-based stablecoin to be launched after ZARP, which was developed by Inves Capital. ZAR Supercoin’s backer is a company called…

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Taking GenAI from hype to production

Taking GenAI from hype to production

Jonathan Oaker In two short years, generative AI has moved from hype to production, with specialists like CloudZA helping local organisations harness GenAI to transform their operations. This emerged during a webinar hosted by CloudZA in partnership with ITWeb, where Jonathan Oaker, Alliance Lead specialising in AWS Cloud Migration and Networking at CloudZA, showcased CloudZA’s…

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Google agrees to major funding package for South African media

Google agrees to major funding package for South African media

Carlos Barria/Reuters Google has committed R688-million to support South Africa’s under-pressure media industry, alongside a separate initiative aimed at fostering its long-term growth. This follows the release of the media and digital platforms market inquiry final report by the Competition Commission on Thursday. It marks an about-turn from earlier this year, when the US search…

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COP30: UNEP boss urges urgent action on climate adaptation financing in Brazil

COP30: UNEP boss urges urgent action on climate adaptation financing in Brazil

Slow climate adaptation threatening lives and economies. PHOTO/ Duncan Moore/UNEP. By PATRICK MAYOYO [email protected] In a powerful address at the Adaptation Gap Report side-event at COP30, Inger Andersen, Executive Director of the United Nations Environment Programme (UNEP), issued a stark warning that the world is “running on empty” when it comes to adaptation finance, as…

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Rugby legend to tackle growing need for AI, digital skills among youth

Rugby legend to tackle growing need for AI, digital skills among youth

Rugby legend and philanthropist Tendai ‘The Beast’ Mtawarira. Sport and digital technology can combine to empower Africa’s youth with much-needed skills and access to global markets, helping them overcome adversity to realise their ambitions, says former Springbok Tendai ‘The Beast’ Mtawarira. Speaking at the Africa Tech Festival 2025 in Cape Town this week, Mtawarira said…

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