Fraudsters are using AI to create scams that appear more legitimate and convincing. South Africa is witnessing an increase in artificial intelligence (AI)-based fraud schemes, and the threat is set to continue. This is according to the South African Banking Risk Information Centre (SABRIC), which today released its Annual Crime Statistics for 2024. The report…
Flagship Asset Management’s Philip Short Blue Label Telecoms’ share price has plunged more than a quarter in the past two days after its annual results, published on Tuesday, appeared to disappoint investors. Philip Short of Flagship Asset Management has been particularly bullish about the prospects for Blue Label, in large part because of the emerging…
Dark Fibre Africa (DFA), a subsidiary of Maziv, has successfully transmitted an unprecedented 1.6 terabits per second (Tbit/s) on a single wavelength over a 40km section of its core network. The trial, conducted between Isando and Midrand, reportedly marks a “world first” for IP/optical convergence at this speed. This achievement quadruples the capacity from an…
Gideon Coetzee, MD, Even Flow. Even Flow has announced its 2025 Annual Roadshow, themed “Re:Set, Re:Align, Re:Engage”. The roadshow will be hosted in Cape Town (3 September), Johannesburg (17 September) and Durban (30 September), creating a dynamic platform for partners and vendors to connect, collaborate and explore the future of technology in the South African…
Stablecoins and central bank digital currencies (CBDCs) are gaining traction worldwide, and the South African Reserve Bank has told TechCentral it is watching the developments closely as it considers if – and how – the technologies could be implemented in South Africa. US President Donald Trump last month signed the Guiding and Establishing National Innovation…
Cell C announced that it has achieved profitability for the financial year ending May 31, 2025, marking a significant turnaround in its financial performance. The news was revealed in the annual results released by its owner, Blue Label Telecoms. While the mobile operator reported a net profit after tax of R2.2 billion, it remains technically…
The Uber, Department of Employment and Labour, and Presidential Youth Employment Intervention delegation at the partnership launch event. With transport costs often cited among the key barriers in young people’s pursuit of employment, a newly-forged initiative is looking to overcome that obstacle. E-hailer Uber SA and employment accelerator Harambee yesterday announced a partnership that will…
JSE-listed Blue Label Telecoms has taken a decisive step in its troubled, long-running association with Cell C, reversing a multibillion-rand impairment previously recognised against its stake in the mobile operator. The move reflects a marked improvement in Cell C’s equity valuation and signals Blue Label’s confidence in the mobile operator’s recovery trajectory. The move comes…
As Women’s Month draws to a close, we continue to spotlight women in leadership who are breaking boundaries and reshaping industries. One such leader is Kgomotso Mannya, recently appointed as chief marketing officer of Samsung Africa. Kgomotso Mannya | image supplied With nearly two decades of experience across beauty, technology and consumer goods, Mannya has…
SpaceX has successfully completed the 10th test flight of its Starship rocket, achieving key objectives without the vehicle or its booster exploding. The test flight, which was delayed multiple times due to weather and other issues, marks a major step forward for the company’s reusable rocket program. Read: Google announces Pixel Watch 4 with larger…
