Africa: Nonprofits Spend Too Much Time Reporting to Funders – a Single Universal Template Could Help

Africa: Nonprofits Spend Too Much Time Reporting to Funders – a Single Universal Template Could Help

Imagine being asked to prepare monthly reports that all demand their own classifications, measurement bases and templates. This is the reality that nonprofit organisations (NPOs) face across the world. In a recent paper, my co-authors and I present findings from interviews with 21 nonprofit stakeholders from South Africa, the UK, the US, Sweden and Uganda….

Read More
Meta’s new AI agent can spend your money

Meta’s new AI agent can spend your money

Mark Zuckerberg Meta has begun rolling out a long-touted AI assistant that can autonomously send e-mails, sell a car and book travel on a person’s behalf, despite internal concerns that the technology mismanages its access to sensitive personal data. The company’s Muse agent, known internally as Hatch, is the centrepiece of CEO Mark Zuckerberg’s plan…

Read More
Do more spend smarter: SA businesses under growing financial strain

Do more spend smarter: SA businesses under growing financial strain

David Buck, General Manager for InnoVent South Africa. (Image: Supplied) As rising IT costs, supply chain instability and shrinking budget flexibility continue to impact organisations, businesses are being forced to rethink how technology is funded. InnoVent South Africa, a specialised provider of IT leasing and asset management solutions, says traditional procurement models are placing increasing…

Read More
Oracle sheds 21,000 jobs as AI restructuring and cloud spend surge

Oracle sheds 21,000 jobs as AI restructuring and cloud spend surge

Oracle’s global workforce declined by 13%, representing a reduction of approximately 21,000 employees, during its 2026 financial year. The downscaling comes as the enterprise software giant continues an aggressive corporate restructuring, heavily accelerated by the deployment of artificial intelligence across its internal operations. Read: Samsung Galaxy Buds 4 Review: Brilliant brains, flawed physics According to…

Read More
CFO-CISO rift over security spend gives attackers an edge

CFO-CISO rift over security spend gives attackers an edge

CFOs and CISOs continue to clash over cyber security spend, a situation worsened by organisations erroneously equating spend with resilience. (Image:123RF) CFOs and CISOs are increasingly at odds over cyber security spending as companies invest heavily in tools while neglecting resilience, recovery and business continuity, according to industry experts. Richard Ford, group CTO at Integrity360,…

Read More
SA’s digital infrastructure spend tipped to hit R1.2tn

SA’s digital infrastructure spend tipped to hit R1.2tn

South Africa’s digital infrastructure spend is forecast to reach $71 billion between 2025 and 2050. (Image created via Gemini) South Africa’s digital infrastructure spend is forecast to reach $71 billion (R1.2 trillion) between 2025 and 2050, as investment in artificial intelligence (AI), data centres and connected infrastructure systems accelerates globally. This is one of the…

Read More
E-hailing overtakes vehicle ownership, outpaces fuel spend

E-hailing overtakes vehicle ownership, outpaces fuel spend

Discovery Bank and Visa data shows ride-hailing growth is now outpacing fuel spend, especially among younger urban consumers. South Africans are increasingly turning to ride-hailing services, as convenience, shifting economics and changing mobility habits reshape urban transport behaviour. This is according to the latest edition of the SpendTrend26 report, compiled by Discovery Bank and Visa, which…

Read More