The South African crypto-currency exchange industry has matured significantly over the past few years. (Image source: 123RF) As crypto-currency adoption continues to grow in South Africa, investors are increasingly comparing exchanges on more than just the number of listed coins or mobile app features. This, as trading fees, often overlooked by new investors, can have…
The Competition Commission has confirmed it received a formal complaint from Pretoria-based fintech Motswagae Holding, which has accused South Africa’s largest banks of blocking access to the ATM networks its cardless cash platform needs to operate. In a statement last week, the little-known company said it had made a submission to the commission – it…
New research from Check Point Software Technologies reveals South African organisations averaged more than 2 000 cyber attacks a week in June. South African organisations were hit by an average of 2 065 cyber attacks per week in June, as cyber criminals stepped up activity globally and ransomware incidents surged by a third. This is…
South African executives are rapidly bypassing the experimental phase of AI pilots, moving quickly through the fundamentals and favouring more aggressive deployments of generative AI and machine learning tools across financial services, telecommunications and retail. The appetite shows up in the rankings, too. According to the Ataraxis Global Outsourcing AI Readiness Index, South Africa ranks…
Alan de Waal-Smit, head of sales at ITR Technology. The biggest gap in cyber security is not visibility but execution, according to ITR Technology, which attended the recent ITWeb CISO Retreat. The company, an IT services provider and exclusive distributor of ManageEngine Solutions in SA, says cyber resilience requires a plan that prioritises risks, acknowledges…
Paratus Botswana MD Shawn Bruwer engages with an unnamed delegate at the Future of Mining Summit 2026 in Botswana Paratus Botswana and Eutelsat have showcased resilient, integrated connectivity solutions for mining at the Future of Mining Summit 2026, as Southern Africa’s mining sector continues to embrace digital transformation. Paratus Botswana provides Eutelsat low-Earth orbit (LEO)…
Raxio Group, Africa’s most expansive data centre platform, surpassed US$380 million in committed capital as shareholders Meridiam and Roha increased their support for the company’s next phase of growth following a sixfold surge in contracted capacity this year. The additional equity from Roha and Meridiam extends Raxio’s capital base from a previous US$350 million, building…
Eskom CEO Dan Marokane. Image: Eskom New rules governing electricity trading in South Africa are imminent, Eskom CEO Dan Marokane has said, while defending the utility’s controversial court challenge over trading licences and suggesting critics who call it anticompetitive either haven’t read the draft rules or have “read them and not understood them”. In an…
ITWeb contributor Phillip de Wet. By January 2027 – when the Department of Communications and Digital Technologies hopes to maybe start taking public comment on a national AI policy – a United Nations approach to AI will already be the subject of lobbying. At the beginning of last week, we got a solid indicator that…
eMedia CEO Khalik Sherrif eMedia has launched Openview Stream, a free, ad-supported streaming television (Fast) platform, in seven African markets – Kenya, Ghana, Rwanda, Zambia, Botswana, Namibia and Mauritius – taking its Openview brand beyond South Africa’s borders for the first time. And eMedia group CEO Khalik Sherrif has explained why the group’s home market…
