Within the next 12 months, Telkom must manage R4.3 billion in short-term borrowings. (Photograph: Telkom) Telkom is set to wipe 30% off its short-term interest-bearing debt on Wednesday by fully settling a R623 million maturing corporate bond, cutting that portion of its debt to R1.4 billion. The payment retires the TL31 bond, effectively an institutional…
Meta Platforms said on Monday it is filing a federal court contempt order against Israeli spyware firm NSO Group for violating a permanent injunction that barred it from ever targeting WhatsApp and its users. The company said its WhatsApp messaging service disrupted new spear-phishing attempts linked to NSO, an entity blacklisted by the US government…
The Avbob incident comes amid a continued rise in cyber breaches affecting South African organisations. (Image source: 123RF) Insurer Avbob has confirmed a cyber incident that resulted in the disruption of some of its services. In a statement today, the insurer confirmed the recent disruption to certain of its digital platforms and services is the…
Absa managing executive Nick Nkosi Eight months after telling TechCentral it was readying the launch of a mobile virtual network operator, Absa is giving very little away about how those plans are progressing – or when South Africans can expect to see an Absa-branded Sim card. Last October, Nick Nkosi, Absa’s managing executive for transactional…
NTT DATA, a global leader in AI, digital business and technology services today announced an expanded collaboration with Google Cloud to help enterprises move from AI experimentation to scaled deployment of agentic AI solutions built with Gemini Enterprise. The collaboration is focused on enabling AI-powered reinvention, helping enterprises redesign processes, operating models and customer experiences…
After a few months away, Watts & Wheels returns for the fifth episode of season 1, with William Kelly in studio and Duncan McLeod dialling in from the Southern Cape. Watch episode 5 now In episode 5, William and Duncan dive into: The new Suzuki Across, an entry-level SUV priced from R350 000 to R465 000 that…
The Department of Home Affairs wants to appoint a service provider for the supply, hosting, maintenance and support of a revenue admin system at civic affairs and mobile offices. It’s a mixed bag for the ICT sector from National Treasury’s eTenders Portal as activity once again sees a dip. This means the industry will need…
Chipo Mushwana, Nedbank’s executive for payments and technology AI agents are already initiating financial transactions on behalf of people, and South African banks were not built for that. That was the central warning at Nedbank’s Innovation Day in Johannesburg last week, where banking and technology leaders said the industry’s biggest blind spot is not AI…
Cabinet has approved the closure of e-tolls. Cabinet has approved the South African National Roads Agency’s (Sanral’s) plan to shut down the Gauteng Freeway Improvement Project (GFIP), commonly known as e-tolls. The move will also result in writing off debt owed by road users who did not pay e-tolls, said minister in the Presidency Khumbudzo…
President Cyril Ramaphosa President Cyril Ramaphosa has placed South Africa’s digital identity overhaul at the centre of government’s crackdown on illegal migration, committing to set a date after which the green barcoded ID book will no longer be recognised. In an address from the Union Buildings on Sunday evening, Ramaphosa said the government was establishing…
