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Investec rolls out AI, with caution

Investec rolls out AI, with caution

Graeme Lockley, Investec Specialist Bank CIO. As artificial intelligence (AI) adoption accelerates across the financial services sector, Investec says its approach is being shaped not by hype, but by trust, responsible innovation and human-centred banking. According to Graeme Lockley, Investec Specialist Bank CIO, the organisation is actively investing in AI capabilities, while taking a measured…

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Datatec CEO lifts hedge ceiling as shares surge

Datatec CEO lifts hedge ceiling as shares surge

Datatec group CEO Jens Montanana Datatec founder and CEO Jens Montanana has restruck a massive collar hedge over 2.4 million of his shares as part of an extension to an equity-funding arrangement – essentially refinancing a loan secured against his stake in the company. According to a JSE investor statement, the transaction involves an off-market…

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GP education earmarks R1.2bn for gateway subjects

GP education earmarks R1.2bn for gateway subjects

Lebogang Maile, Gauteng MEC for education, sport, arts, culture and recreation. (Image source: Supplied) The Gauteng Department of Education (GDE) has financially committed to strengthen mathematics, science, technology, reading development and technical education in schools. As a result, the GDE has set aside R1.2 billion towards improving performance in those critical subjects, said Gauteng education…

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