The fund leverages Endeavor’s global network to provide portfolio companies with mentorship, talent, strategic guidance and market access. Endeavor South Africa has closed its Harvest Fund III at R230 million, aiming to accelerate growth, job creation and exits in the country’s high-growth technology sector. According to a statement, the fund brings together entrepreneurs and institutional…
Skills-based hiring rises as AI automates routine work in the iGaming sector. (Image source: 123RF) As the global iGaming sector transitions from rapid expansion to a phase of operational maturity, hiring strategies in the sector are undergoing a significant reset. Companies are increasingly prioritising experienced technical professionals, while the deployment of artificial intelligence (AI) results…
City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025. Nathan Laine | Bloomberg | Getty Images Europe-listed shares traded sharply lower on Thursday, as fears of escalation in the U.S.-Iran war gripped global markets once again. The pan-European Stoxx 600 was 1.1% lower shortly after 9:30 a.m. in…
The South African Revenue Service has formally unveiled “Modernisation 3.0”, a sweeping digital transformation programme that will give every taxpayer a unique digital identity secured by biometric and two-factor authentication, deploy artificial intelligence to automate compliance and introduce an instant payment system backed by the South African Reserve Bank. The announcement came as Sars confirmed…
ITWeb TV Biz speaks to Rachel Fischer, parliamentary engagement and research manager at OUTA, and Shaun Russell, product owner and head of projects at OpenUp, about ParliMeter, a civic tech dashboard built in partnership with the Parliamentary Monitoring Group to make SA’s parliamentary data visible, searchable and actionable. The conversation covers why Parliament’s information has…
The 2026 Wired4Women Tech Business Leader Award winner will be revealed on 16 April. Cisco South Africa is endorsing the prestigious Wired4Women Awards programme by sponsoring the Tech Business Leader category, which honours a C-level executive who drives business growth strategy and execution within a tech service provider. Proudly presented by ITWeb Brainstorm in partnership…
The market is shifting away from isolated point solutions towards converged technology ecosystems. For most of the past decade, enterprise IT strategy followed a simple formula: add another tool. A new platform would solve a vulnerability, another would improve collaboration and a chatbot would enhance engagement. Each new challenge introduced another layer of technology. Individually,…
Datatec group CEO Jens Montanana JSE-listed technology group Datatec has delivered a total shareholder return of 361%¹ over five years, making it one of the best-performing stocks in the local technology sector – yet it remains one of the least discussed. The figure, disclosed in an updated investor presentation (PDF) published on Thursday, covers the…
Meta CEO Mark Zuckerberg arrives for a meeting on Capitol Hill on March 26, 2026. Andrew Harnik | Getty Images A bad week for stocks was particularly rough for tech investors, as the Nasdaq suffered its worst weekly drop since April 2025. Meta and Micron saw double-digit drops, but the pain was felt across the…
Nairobi — Nova Garage, a new pan-African innovation platform aimed at showcasing the continent’s next generation of tech entrepreneurs, has been launched ahead of the French-Africa Summit set for May in Nairobi. The initiative, organised under the patronage of President William Ruto, seeks to spotlight Africa’s diversity in entrepreneurship and homegrown tech solutions across key…
