ARC urges the public to report suspicious investment offers. Investment holding firm African Rainbow Capital (ARC) is warning the public about a criminal syndicate fraudulently using the company’s branding and the identities of executives to lure people into investment scams. It says the fraudsters are primarily operating through social media platforms, particularly WhatsApp groups, where…
OpenAI is planning its biggest ChatGPT overhaul yet, aiming to turn it into a “super app” with coding tools and AI agents to boost revenue ahead of a potential stock market listing, the Financial Times reported on Sunday. The changes are part of a broader reorganisation at OpenAI as it shifts resources to target lucrative…
Jumo has announced a partnership with Nedbank to roll out the Nedbank Quick Loans service in SA. (Image source: 123RF) AI-powered banking technology firm Jumo has partnered with Nedbank to launch Nedbank Quick Loans, a short-term loan service for the South African market. The partnership combines Nedbank’s lending expertise and brand with Jumo’s real-time lending infrastructure…
South Africa’s motoring sector is hitting an inflection point. While full electric vehicles dominate headlines, alternative powertrain technologies are doing the heavy lifting when it comes to shifting consumer behaviour on local roads. Driven by an unprecedented wave of new model arrivals and a diversifying price landscape, new energy vehicles are capturing a steadily growing…
CSC, the world’s leading enterprise-class domain registrar and online brand protection provider, today announced that its .BRAND services are now available on the CrowdStrike Marketplace. Building on CSC’s existing integration with the CrowdStrike Falcon® platform, this new listing provides enterprises with advanced domain advisory and security support to help them navigate the ICANN New gTLD…
SpaceX has drawn investor demand of about US$150-billion for its IPO, about double the $75-billion it is seeking to raise, according to two people familiar with the matter. An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the…
SANSA acts through a board consisting of a chairperson and 10 to 15 other members. (Image: 123RF, Wikipedia) The search for new board members of the South African National Space Agency (SANSA) has commenced, with interested parties invited to nominate their preferred candidates. SANSA is one of the entities within the portfolio of the Department…
Cyber security executives shared candid insights on navigating executive conversations, building resilience and aligning cyber security with business priorities during a fireside chat. Cyber security leaders need to stop selling technology and start selling risk reduction if they want boards to back security investments. This was one of the key messages from a fireside discussion…
Canon South Africa has appointed Tunca Rodoplu as country director, effective 1 July. Canon South Africa has announced the appointment of Tunca Rodoplu as country director, effective 1 July, to lead the company’s strategy and drive growth across the Canon portfolio in southern Africa. Rodoplu succeeds David Preston, who will retire at the end of…
The Johannesburg High Court found that crypto-currency is subject to current forex rules. (Graphic: Nicola Mawson | Freepik) As government pushes ahead with plans to regulate cross-border crypto-currency flows, two High Court judgements have reached opposing conclusions on whether digital assets already fall within South Africa’s existing exchange control framework – leaving crypto holders in…
