City Power’s Mondeor Switching Station in Johannesburg. Power utility City Power has engaged Chinese tech giant Huawei to curtail electricity losses amounting to over R3 billion every year. The City of Johannesburg entity is set to roll out Huawei’s Intelligent Distribution System (IDS), a solution designed to help curb network abnormalities, reduce rampant energy theft,…
Adrian Gore, Discovery group CEO. Financial services firm Discovery is leveraging artificial intelligence (AI) to drive efficiency as well as transform risk and engagement. This emerged when the JSE-listed company today presented its annual financial results for the year ended 30 June. Headline earnings and normalised headline earnings both increased by 30%, to R9 625…
FNB and Capitec will offer smart IDs through apps. (Image by Nicola Mawson) The Department of Home Affairs (DHA) is partnering with banks to enable citizens to apply for smart IDs and passports via banking applications, as part of an effort to address fraud linked to the old green ID books. Capitec and First National…
Takealot Group CEO Frederik Zietsman Takealot Group is ramping up on-demand delivery by repurposing its Mr D takeaway food platform to handle pet supplies, toys and other frequently purchased items in a bid to fend off growing competition. Mr D, which before the Covid-19 pandemic focused on doorstep food delivery, has been repositioning itself as…
Frank Leonette, founder of Afridax. Newly-launched South African crypto-currency exchange Afridax has added Zulu language on the platform in a bid to attract more local users. The exchange has also set its sights on introducing more vernacular languages on the platform in the near future. Founded by crypto veteran Frank Leonette, Afridax is looking to…
