55 The addition of artificial intelligence software to camera technology has introduced a host of useful features that have enhanced how pictures and videos are taken – and how they are edited….
Category: Business
Auditor-General’s war on waste and corruption yields R4.5bn
48 But it’s a war that is far from won. Auditor-General (AG) Tsakani Maluleke says R4.5 billion has been recovered over the last five years after being flagged as irregular. Some of…
SharePoint zero-day attackers now using ransomware
63 A cyber-espionage campaign centred on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday blog post. In the post, citing “expanded analysis…
Inflation increases in June as food prices increase to 15-month high
43Beef continues to drive food inflation as foot-and-mouth-disease causes less stock for abattoirs, pushing up the price. Inflation increased in June as economists had expected, edging higher to 3% after holding steady…
Inflation still low enough for repo rate cut, but only in September
53 The inflation rate was 3% in June, with food prices the main contributor to the increase. The inflation rate only increased by 0.2% in June to 3%, but while this is…
VC funding in South Africa bucks international trend
78 Rapid growth in venture capitalist investments in Southern African – with early stage tech start-ups taking the lion’s share of the VC pot – is a sign of the region’s growth…
JSE All Share Index hit 100k points
108 The All Share Index is like a scoreboard for the JSE, displaying the performance of all the major companies listed collectively. The Johannesburg Stock Exchange (JSE) All Share Index (ALSI) hit…
Competition court in unchartered territory with Maziv deal
47 The protracted, multibillion-rand investment by Vodacom in Vumatel owner Maziv led an “unprecedented” legal challenge to the competition appeal court (CAC) at a hearing into the matter on Tuesday. The Competition…
Visa opens its first South African data centre
45 Multinational payment authorisation services giant Visa launched its first data centre in South Africa on Wednesday. Alongside the infrastructure investment, the company has pledged to invest a further R1-billion into its…
Competition Tribunal approves Canal+ and MultiChoice’s more than R50 billion deal
55 Canal+ already owns 45% of MultiChoice’s shares, and with this deal, it intends to buy the remaining shares for R125 per share, valuing the group at more than R50 billion. French…