Murray Campbell, SVP for cloud and security in MEA at NTT DATA. Digital business and technology services provider NTT DATA has partnered with Google Cloud in a global alliance to accelerate the adoption of agentic AI and AI-powered cloud innovation in enterprises. The companies stated the collaboration combines NTT DATA’s industry expertise in AI, cloud-native…
Standard Chartered has raised its year-end target for ether to US$7 500 from $4 000, citing improvement in industry engagement and uptick in holdings of the cryptocurrency in recent months. The brokerage’s new year-end target represents a premium of near 60% from ether’s more than 3-1/2 year high of $4 700 on Wednesday. The world’s second largest cryptocurrency…
Blue Label Telecoms is exploring a JSE debut for Cell C as part of a broader restructuring plan. (Photograph by Lesley Moyo) The proposed separate listing of Cell C, South Africa’s fourth-largest mobile operator, on the Johannesburg Stock Exchange (JSE) could mark a pivotal moment for the debt-laden telco. It has potential to cut its…
South Africa’s energy and mobility sectors are colliding in transformative ways. Electric vehicles have become more accessible, and CleanTechnica reports that local EV sales have grown by 35% between 2023 to 2024. Yet, this exciting growth is marred by a familiar challenge: the country’s fragile, overburdened national electricity grid. Can our electricity system support this…
SITA’s head office in Erasmuskloof, Pretoria. (Photograph by Lesley Moyo) The State Information Technology Agency (SITA) has confirmed it has today settled its municipal account with the City of Tshwane following a temporary suspension of services at its Erasmuskloof head office. In a statement, the agency says it maintains a prepaid account with the municipality,…
The popular Rosebank Mall in Johannesburg has unveiled a gigantic new hybrid energy system comprising 1.3MW of solar power, a 7.2MWh battery system, a 4.5MW inverter and three 1MW dual-fuel diesel/gas generators. According to Wally Weber of UT Energy and project manager for the Rosebank Mall implementation, the system is managed by a real-time telemetry…
Suntory Expands Partnership with Rimini Street to Build an Innovative Wellness Mobile Application for its Global Consumers Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced that Suntory, global manufacturer of iconic beverages…
The Xiaomi SU7 Ultra beat the Tesla Model S Plaid at the Nürburgring Chinese consumer electronics giant Xiaomi, which has diversified into electric cars in recent years, has revealed for the first time that it will launch its flagship – and insanely quick – SU7 Ultra electric vehicle in South Africa. The Ultra variant of…
Nedbank has agreed to acquire Durban-based fintech iKhokha for R1.65bn in an all-cash deal. The transaction, which is subject to regulatory approval, is expected to be finalised in the coming months. According to a statement cited in a MyBroadband report, the bank said the acquisition will allow it to merge iKhokha’s payment technology with Nedbank’s…
Nedbank has acquired Durban-based payments fintech iKhokha in an all-cash deal valued at R1.65 billion. This acquisition is a significant move for Nedbank, as it looks to strengthen its support for small and medium-sized enterprises (SMEs) in South Africa. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: iPad Pro and VR? “The acquisition is a…
