Absa Group has written off R2.4-billion in software assets after a revision of its overall strategy led to changes in investment priorities and faster-than-expected technology obsolescence, its annual financial statements show. The software impairments – more than 13 times the R179-million written off a year earlier – were spread across the group, with the largest…
Megan Langton, tax attorney (left) and Micaela Paschini, team lead of Tax Legal at Tax Consulting. (Graphic by Nicola Mawson, with images sourced from Tax Consulting and LinkedIn) The buzz around Starlink’s potential entry into South African orbit has been focused on broad-based black economic empowerment (B-BBEE) but is also now raising questions about how…
OpenAI CEO Sam Altman. Shelby Tauber/Reuters OpenAI is unsatisfied with some of Nvidia’s latest AI chips, and it has sought alternatives since last year, eight sources familiar with the matter said. The news potentially complicates the relationship between the two highest-profile players in the AI boom. The ChatGPT maker’s shift in strategy, the details of…
American streamer IShowSpeed has completed a 28-day livestream tour across Africa that reached millions of viewers and shifted how global audiences engage with the continent. Branded Speed Does Africa, the trip ran from late December 2025 to January 27, 2026, covering 20 countries, including Nigeria, Ghana, Kenya, Rwanda, Senegal, South Africa, Morocco, Egypt, and Namibia….
Despite major gains in access to schooling since 1960, widening inequalities driven by the climate crisis, conflicts and rapid technological change are leaving millions behind. UNESCO warns that the global legal framework for the right to education must be modernised urgently to keep pace with a transforming world. “If we do not update the legal…
Nigeria has called on African nations to rethink their collective approach to global trade, warning that no country on the continent can thrive in isolation amid shifting economic pressures. Speaking at the 2nd African Cassava Conference in Abuja on Monday with the theme, “Building Sustainable & Quality Driven Cassava Industries in Africa,” the Minister of…
Lagos, Scidev.Net — As world leaders convene in New York for the 80th United Nations General Assembly (UNGA), African policymakers eye an opportunity to redefine the continent’s relationship with donors in health financing. Obinna Ebirim, senior technical advisor on youth health and policy research to Nigeria’s Minister of Youth Development, says Africa must use UNGA…
South Africa has over 2.5 million small, medium and micro enterprises (SMMEs), employing nearly 10 million people. Yet, many of these businesses are still viewed by corporates through the narrow lens of CSI or supplier development compliance. What if we have it backwards? What if it is big business that can no longer afford to…
In this episode of ITWeb TV, Jurie Schoeman, managing partner at BSG, talks about the biggest tech trends the consultancy firm is witnessing in the South African market and how generative artificial intelligence has been received by local firms. He also touches on the company’s graduate programme among other issues. #DigitalTransformation #AI #GenAI #GraduateProgramme Digital…
THINGS ARE STILL a bit murky amid chatters and uncertainty surrounding a purported plan by the United States of America to offload scores of deportees, many of who are victims of the country’s aggressive crackdown on immigrants and a ragedy policy wreaking havoc across the globe. THE PLAN, according to an internal document in possession…
