Rand goes on-chain as ZARU hits Luno Global

Rand goes on-chain as ZARU hits Luno Global

Tether remains the dominant stablecoin in South Africa. (Image created by GenAI) Authorised financial services provider BlockTower’s rand-backed stablecoin ZARU has been listed on Luno Global, in what it says is the first institutional-grade rand stablecoin on a regulated crypto exchange. The listing gives the rand an on-chain secondary market on Luno’s exchange. ZARU, which…

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Iraq’s Kurdish region wants to stay out of regional conflicts: PM Barzani | US-Israel war on Iran News

Iraq’s Kurdish region wants to stay out of regional conflicts: PM Barzani | US-Israel war on Iran News

In an interview with Al Jazeera, Masrour Barzani denies any ‘pressure’ to enter the Iran war despite over 1,000 attacks. Published On 8 Aug 20268 Aug 2026 Masrour Barzani, the prime minister of the Kurdistan Regional Government (KRG) in northern Iraq, says the semi-autonomous Kurdish region does not want to become involved in the ongoing…

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Outgoing Nedbank COO delivers digital parting shot

Outgoing Nedbank COO delivers digital parting shot

Outgoing Nedbank COO Mfundo Nkuhlu. Outgoing Nedbank chief operating officer (COO) Mfundo Nkuhlu says the bank’s years-long investment in modernising its technology infrastructure has positioned it to embrace artificial intelligence (AI), as digital capabilities become central to the future of banking. Speaking to ITWeb following the announcement of his retirement after more than two decades…

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Africa Has Ideas – What It Lacks Is a Fair Hearing from Global Capital

Africa Has Ideas – What It Lacks Is a Fair Hearing from Global Capital

Why good African businesses and projects can struggle to cross the funding redline Africa has never suffered from a shortage of ideas. It suffers from a shortage of capital willing to believe in those ideas. Across the continent, entrepreneurs are building businesses, engineers are designing infrastructure, farmers are developing agricultural value chains, innovators are creating…

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ByteDance goes big – very big

ByteDance goes big – very big

ByteDance is training an AI model with as many as 10 trillion parameters that could be close to the size of Anthropic’s cutting-edge Mythos system, the Financial Times reported on Friday, citing people with knowledge of the matter. With 10 trillion parameters, the model would be more than three times the size of Chinese start-up…

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ITWeb TV: The young, the bad and the funny side of cyber

ITWeb TV: The young, the bad and the funny side of cyber

Cyber security experts engaged with ITWeb TV at the ITWeb Security Summit 2026, discussing Africa’s evolving threats, innovations, resilience and the future. (Image source: 123RF) The cyber security ecosystem is remarkably diverse. At the 2026 ITWeb Security Summit, ITWeb TV interviewed a range of experts – including a cyber security comedian – to shed light…

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