AI fraud is outrunning South African banking defences

AI fraud is outrunning South African banking defences

In March 2026, Standard Bank publicly warned about AI-generated voices, cloned emails and deepfake content being used to mimic legitimate bank communications and staff. This type of activity has continued through to mid-2026 with the South African Banking Risk Information Centre (Sabric) also warning that criminals are using AI tools to impersonate bank officials, create…

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Blu Label earnings hit by Cell C restructuring

Blu Label earnings hit by Cell C restructuring

The expected significant decline in reported earnings comes as Blu Label continues to account for the complex restructuring of Cell C. (Image source: iStock) Blu Label Unlimited expects earnings per share (EPS), headline earnings per share (HEPS) and core HEPS to fall by more than 20% for the year ended 31 May, as accounting effects…

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Blu Label’s earnings just fell off a cliff

Blu Label’s earnings just fell off a cliff

Blu Label co-CEOs, brothers Brett and Mark Levy Blu Label Unlimited Group, previously Blue Label Telecoms, expects headline earnings per share for the year to 31 May 2026 to fall by more than 80%, and to report a loss at the earnings per share level, as the accounting consequences of Cell C’s separation and listing…

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My AI Lawyer broadens access to legal services

My AI Lawyer broadens access to legal services

My AI Lawyer is designed to meet people where they are and democratise access to legal services. (Image source: iStock) My AI Lawyer is looking to expand its voice access functionality, possibly enabling a two-way conversation with the artificial intelligence (AI)-based legal advice tool in the future. So says Darren Cohen, head of distribution and marketing at…

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Silver Lake said to be in talks to buy Workday

Silver Lake said to be in talks to buy Workday

Workday South Africa MD Kiv Moodley speaking at a recent client event in Johannesburg Private equity firm Silver Lake is in talks to acquire Workday in a deal that would rank among the largest software buyouts in history, according to people familiar with the matter. News of the talks sent Workday shares nearly 18% higher…

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ITWeb TV: The growth of AI at the edge

ITWeb TV: The growth of AI at the edge

The AI boom is squeezing the global supply of RAM and silicon, pushing up prices and disrupting what actually lands on South African shelves. At the same time, print revenue has been sliding year after year — and HP still calls print part of the edge computing ecosystem. Adrian Hinchcliffe puts both to Yesh Surjoodeen,…

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Claude AI watermarking is not definitive evidence, say SA experts

Claude AI watermarking is not definitive evidence, say SA experts

South African AI experts support stronger provenance but warn Claude’s watermark cannot prove who authored or misused content. (Image created via ChatGPT) Anthropic’s move to embed an invisible watermark in content generated by its Claude artificial intelligence (AI) model is pushing AI content identification closer to traceability; however, South African AI experts warn the technology…

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Icasa retracts collusion claim against mobile operators

Icasa retracts collusion claim against mobile operators

Communications regulator Icasa has retracted a suggestion by one of its councillors that South Africa’s mobile operators may be colluding over new data expiry rules, an embarrassing climbdown for the authority three days after the claim was aired in parliament. In a statement late on Friday, Icasa said it had received “numerous requests for clarification”…

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ICT sector council chairperson gets the boot

ICT sector council chairperson gets the boot

Communications minister Solly Malatsi. Communications minister Solly Malatsi has appointed Loyiso Tyira as interim chairperson of the B-BBEE ICT Sector Council. The move sees Minki Mazibuko-Thulo relieved of her duties as council chairperson with immediate effect, notes a statement from Malatsi’s department. The minister also appointed William Ledwaba as the deputy interim chairperson. Tyira and…

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