President Cyril Ramaphosa President Cyril Ramaphosa has voiced his support for the process undertaken by communications minister Solly Malatsi to introduce equity equivalent investment programmes (EEIPs) in the ICT sector. Malatsi in May published a draft policy directive, which he intends issuing to Icasa, urging the communications regulator to investigate how EEIPs, which are already…
Hawken McEwan, director of risk and compliance at nCino KYC Africa. While there is a great deal of work being done behind the scenes to combat financial crime in SA, fintech and legal experts have urged greater collaboration between the public and private sector to tackle money laundering and other forms of fraud committed using…
Internet users might remember the days of dial-up connections and the excitement of looking forward to a noticeable difference in experience every time the line speeds were upgraded. Today, however, customers don’t seem to feel the same difference when upgrading. This is where it becomes necessary to understand the differences between capacity and throughput, and…
The merger would have united SA’s largest mobile network operator with a key player in fibre infrastructure. The Competition Tribunal has concluded that the proposed R14 billion merger between Vodacom and Maziv “cannot be justified on substantial public interest grounds”. Yesterday, the competition watchdog provided the public version of the reasons why it prohibited the…
Apple CEO Tim Cook Now that the Big Tech conference season is behind us, the smart money in Apple Land is saying that CEO Tim Cook should be preparing to open his chequebook for a huge AI deal, so apparent are the company’s shortcomings. The good news is, Apple has a cash hoard of more…
Pali Lehohla, former statistician-general; Thabang Mkhuma, technical advisor at 4IR MICT; Nobesuthu Ndlovu, director of SME at Old Mutual Corporate; Lincoln Mali, CEO of Lesaka Technologies; and Talifhani Banks, CEO of Analytics X and Spaza Eats. Old Mutual SMEgo yesterday launched its second edition of the SMEGo Pitchathon, for businesses in ICT and financial services,…
The South African Revenue Service (Sars) has issued a request for information (RFI) for an advanced AI system with “digital twinning” capabilities to assist with automated decision making as its seeks boost tax collection. The move is part of the tax agency’s wider plan to modernise its IT platforms. Sars has requested companies with the…
Home affairs minister Dr Leon Schreiber and TymeBank co-founder Coenraad Jonker. The home affairs minister and TymeBank’s co-founder are involved in a public squabble over the price of a biometric check increasing from 15c to R10. TymeBank argues that the poor will bear the brunt of the hike, as it cannot afford to absorb the…
Capitec Bank has voiced its support for Leon Schreiber’s efforts to modernise South Africa’s population registration database after TymeBank on Tuesday excoriated the home affairs minister’s decision to impose big price increases for online identity verification. “Capitec supports the department of home affairs’ initiative to upgrade the National Population Register and enhance the stability and…
Bolt says according to verified trip data and platform records, Simthande Myeza requested a ride in the afternoon of 17 June at 15:03 PM. Bolt has vehemently denied allegations that popular TikToker and actor Simthande Myeza was abducted and robbed, during an e-hailing trip in Durban. In a statement released last week, Mzeya’s family spokesperson…
