Nedbank announced last week that it was acquiring Durban-based fintech iKhokha in a R1.65-billion deal that could signal the start of further consolidation in the payments industry in South Africa. Nedbank described the deal as a “significant milestone” in its strategy to target small and medium enterprises. iKhokha co-founder and CEO Matt Putman is TechCentral’s…
Humanity’s quest for clean, reliable, and affordable energy is paramount. While solar and wind power offer solutions, a vast, untapped resource lies beneath our feet: the Earth’s internal heat. Geothermal energy has historically been limited to specific regions, but Quaise Energy, an MIT spin-off, is pioneering a groundbreaking technology set to unlock this potential globally….
Those that embrace AI in the classroom will succeed. As lecturers at higher education institutions grapple with artificial intelligence (AI) in the lecture hall – some fear its impact while others are finding ways to embrace it – experts agree the technology is here to stay. Those who are embracing it are the ones most…
If you’re running a small business these days, you’re basically living and dying by your Wi-Fi. Everything’s digital: payments, checkout, even your grandma’s cake shop is syncing inventory with some cloud service. And when the internet bombs out? Boom. Everything grinds to a halt. Customers get cranky, sales vanish and you end up staring at…
MultiChoice Group has clarified that it has not launched 4K-resolution content on its DStv Stream platform, despite a media report claiming otherwise. Although the company has the technical capability to offer 4K services and has tested them in the past, its streaming service currently maxes out at 1080p (full HD). Read: Bandwidth Blog & Smile…
Maziv welcomes the Competition Appeal Court’s approval of its merger with Vodacom. (Photograph by Lesley Moyo) Maziv has welcomed the greenlight for its merger with Vodacom, saying the development paves the way for “major capital investment and accelerated” fibre rollout across the country. This follows last week’s decision by the Competition Appeal Court that approved…
With ransomware costs climbing steeply across South Africa, Sophos and Phishield have announced a partnership designed to give businesses both stronger defences and a financial safety net. The collaboration is the first in sub-Saharan Africa formally to integrate advanced threat detection with cyber insurance. The move comes against the backdrop of Sophos’ State of Ransomware…
In this episode of ITWeb TV, President Ntuli Hewlett Packard Enterprise SA MD, talks about how Africa can write its own narrative regarding investment in artificial intelligence (AI). He also emphasises the importance of AI ecosystems in Africa to enable the continent to benefit from this mega trend and spur job creation. #AI #HPE #AfricanUnion…
Carlos Jasso/Reuters Google has struck a six-year cloud computing deal with Meta Platforms worth more than US$10-billion, a source familiar with the matter said on Thursday. It would be the search giant’s second big agreement recently after one with OpenAI. Under the agreement, Meta will use Google Cloud’s servers, storage, networking and other services, the…
Prosus and Naspers CEO Fabricio Bloisi. Naspers subsidiary Prosus doubled the number of artificial intelligence (AI) agents working alongside its employees in July, underscoring the company’s push to embed AI at the core of its operations. This update came from CEO Fabricio Bloisi in a letter to shareholders following the group’s annual general meeting (AGM),…
