The 10% milestone marks a turning point for South African e-commerce, with retailers now focused on profitable digital sales. (Image source: iStock) South Africa’s online retail sector is expected to reach R159 billion in sales by the end of 2026, with online retail expected to grow by 22.5%. This is according to “Online Retail in…
Gatik Announces Series D round Gatik, the leader in autonomous trucking, today announced $200 million in financing as demand accelerates for driverless commercial freight across Fortune 50 retail, grocery and CPG supply chains. The Series D round was led by Qatar Investment Authority (QIA) and Koch Disruptive Technologies (KDT), with participation from Millennium Management, ARK…
Noko Terrence Tuwe, Regional Director – Africa at Cyberrey. AI is making the cyber crime kill chain faster and harder to predict. To stay ahead of attackers and build more resilient security postures, companies need to change their approaches. This is according to Noko Terrence Tuwe, regional director for Africa at Cyberrey, who spoke during…
One NZ Future-Proofs Its Oracle Estate and Accelerates AI Innovation with Rimini Street Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™ and the leading third-party support provider for Oracle, SAP and VMware software, today announced One New Zealand (NZ) is leveraging Rimini Street’s support and interoperability solutions to ensure its…
The ticker symbol SPCX is poised to become one of the most highly anticipated listings on the Nasdaq. As first reported by Reuters, SpaceX has aggressively accelerated its initial public offering (IPO) timeline, aiming to debut on the stock exchange by June 12. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: AI trends shifting! According…
The department of home affairs plans to expand its smart ID rollout to 750 bank branches by year-end – including self-service terminals at Capitec branches – citing the early success of an eight-week pilot that has processed more than 118 000 applications. Speaking during his department’s budget vote in parliament on Friday, home affairs minister Leon…
Alphabet CEO Sundar Pichai. (Image source: Alphabet) Artificial intelligence (AI) is fuelling a sharp rise in Google Search usage and query volumes, helping power a strong start to 2026 for parent company Alphabet. The tech giant has reported a 22% year-on-year increase in first-quarter revenue to $109.9 billion, marking its 11th consecutive quarter of double-digit…
All-time high greenhouse gas concentrations in Earth’s atmosphere continue to drive heat records on land and sea, with long-lasting consequences for humanity, the World Meteorological Organization (WMO) warned on Monday. Hot on the heels of a scorching decade, the UN’s weather agency has said that the planet’s climate is “more out of balance than at…
In a transformative boost to the Caribbean’s transport network,African Export-Import Bank (Afreximbank) has announced the disbursement of a US$100 million Receivables Discounting Facility to Bahamas Striping Group of Companies Ltd (BSGC). This funding is to assist with the financing of the rehabilitation and construction of over 200 miles of critical road infrastructure across The Bahamas….
Amazon announced a second major wave of layoffs on Wednesday, cutting 16,000 positions globally. This latest move brings the total number of corporate roles eliminated in the last three months to approximately 30,000. The restructuring is a response to pandemic-era over-hiring and a strategic shift toward the widespread adoption of artificial intelligence. Read: iCAUR charges…
