Bank Zero says it was built to break-even on a fraction of the customer base a new bank requires. Bank Zero has reached its first monthly break-even point, less than five years after launching to the public in October 2021. According to the digital bank, this was reached in August 2026, following more than a…
Norrsken22 general partner Lexi Novitske African technology start-ups are increasingly building their products on Chinese AI models, and American investors’ retreat from the continent is making that shift easier, according to Lexi Novitske, general partner at pan-African venture capital firm Norrsken22. “If you take a look at what technology companies locally are building their systems…
Altron is currently finalising its interim results for HY27. (Source: Altron) Altron expects headline earnings per share (HEPS) for the six months ended 31 August to increase by as much as 27%, driven by growth across its group operations. In a trading statement released ahead of its HY27 results, it says group HEPS is expected…
When OpenAI’s models broke out of a test environment in July and hacked into Hugging Face’s systems to find the answers to a cybersecurity benchmark, it was read as a frontier lab problem: exotic models, reduced guardrails, an experiment that got away from its handlers. Adam Ely, GM of AI security at Check Point Software…
Brett Salovy As security risks proliferate and AI emerges as a game-changer in security, security architecture needs to change. This is according to Brett Salovy, Business Development Manager for Africa at Fortinet, who was addressing an executive briefing in Sandton, hosted by Fortinet and QBS Software Africa – a value-added distributor for Fortinet cyber security…
The Courier Guy, a leading South African courier, has been at the forefront of local delivery services for more than 25 years. Given the nature of the business and shifting user behaviours, gaining a single view of customer communications became crucial for the company. By partnering with Telviva, The Courier Guy has been able to…
The openScopes AIDDiA consortium gathered for the project kick-off meeting in UCT’s IDM. (Photo source: Sizwe Tyhali) The University of Cape Town (UCT) is leading a £4.4 million (about R101 million) four-year Pan-African research programme to bring advanced microscopy and machine learning to researchers studying infectious diseases. Funded by the Wellcome Trust, UCT’s openScopes AIDDiA…
Labat Africa, the JSE-listed technology investment company suspended last month for failing to pay its maiden dividend, now says the Companies Act prohibits it from paying the dividend in its present circumstances – and has admitted that its earlier assurances to shareholders and the JSE were inaccurate. In an investor statement on Wednesday, the board…
Rennie Naidoo, Professor of Information Systems at the Wits School of Business Sciences. Artificial intelligence (AI) is increasingly framed as a technology whose consequences will depend on the choices we make today. Governments, companies and individuals face difficult questions about how AI is developed, regulated and used, from its effects on employment and inequality, to…
Altron expects headline earnings per share from continuing operations of between 107c and 112c for the six months to 31 August 2026, up 11% to 17% on the 96c reported a year earlier. The JSE-listed technology group said in a trading statement on Wednesday that group headline earnings per share, which include discontinued operations, will…
