Candice Solomons, Business Executive: Data & Analytics at iOCO. As organisations move from disparate proofs of concept (POCs) to enterprise-wide AI deployments, it is crucial for them to build high-quality, properly governed data foundations to ensure that their AI investments deliver the expected operational benefits, business value such as long-term efficiency, and ROI. This is…
Emerging markets fintech Optasia has confirmed it will list on the JSE at a valuation of R23.5-billion following the closing of its bookbuilding period on Thursday. The company – backed by former First National Bank CEO Michael Jordaan – confirmed that its share offer closed at the top end of the R15.50 to R19/share range…
MTN MoMo South Africa and Mastercard expanded their partnership to provide additional digital financial services and improve access to the digital economy across the country. Image supplied The collaboration added functionality to the MoMo Wallet, allowing users to fund their accounts using debit and credit cards via Mastercard’s Payment Gateway (MPGS). The integration aims to…
In this episode of ITWeb TV, Jalusi Tech MD Thandiwe Shema details her start as a tech entrepreneur, reaching a target of employing 80% women in tech roles, adding more solutions to their product suite and how her company is helping small businesses innovate and plug in their digital gaps. With two new solutions –…
Remember walking into a grocery store 15 years ago? You’d see a mix of people at the till, some with cash pulled from purses or wallets, others with cheques or debit cards, often leading to clunky delays at checkout. There was no tap-to-pay, no mobile wallets and no seamless apps linking bank accounts to phone…
ITWeb contributor Phillip de Wet. Ever since we learnt that GenAI is failing to deliver any measurable return on investment (ROI) in the enterprise, there’s been a subset of vendors doing what bad vendors do: selling a technology patch to a business problem. The specific patch that comes up most often is MCP, the Model…
Clearwater Mall, in Johannesburg’s western suburbs, will be the location of Walmart’s first own-branded store in South Africa. It will be opened in the coming weeks. Walmart-owned Massmart, the parent of Makro and Builders, said the new store – and others that will follow – will stock products largely sourced from local suppliers, but this will…
As cyber attacks continually rise, the Information Regulator says it needs more staff. As cyber attacks escalate and companies fail to report hacks under the Protection of Personal Information Act (POPIA), the Information Regulator does not have sufficient staff to enforce the law. Mukelani Dimba, executive for education and communication at the Information Regulator, tells…
The author, Paul Colmer Everyone’s talking about artificial intelligence. And I mean everyone. The hype reminds me of the fanfare around 5G’s launch – all promise, waiting to see delivery. We built and enabled those towers everywhere, and now? Well, let’s just say the revolution was somewhat overstated. Which brings us to the current question:…
Bending Spoons, one of Europe’s leading technology companies, today announced it has raised $710 million in equity at a pre-money valuation of $11 billion. The round was led by accounts advised by T. Rowe Price Investment Management, Inc., with participation from Baillie Gifford, Cox Enterprises, Durable Capital Partners, Fidelity Management & Research Company, Foxhaven Asset…
