191 Liberty Group has been hit by a data breach. It warned in a statement on Tuesday that it had detected unauthorised third-party access to some of its systems. The company said…
Category: Business
Optasia wants to do for banks what it did for telcos
216 Salvador Anglada Optasia CEO Salvador Anglada says the very same algorithms that made credit-vetting decisions via mobile wallets can be used in formal banking. Newly listed, technology-driven fintech Optasia sees the…
AWS again disrupted by drone attacks in Middle East
198 Amazon said on Monday its Amazon Web Services region in Bahrain has been “disrupted” amid the current conflict in the Middle East, marking the second time in a month that its…
Oracle is rebuilding its software empire around AI agents
218 An Oracle office in Silicon Valley, California. Image: ykanazawa1999 Oracle is revamping its cloud-based financial software used by large companies to work with artificial intelligence agents, with a goal of having…
Sanlam appoints group chief AI officer
242 Sanlam’s Theo Mabaso Sanlam has appointed Theo Mabaso as group chief AI officer, giving artificial intelligence a dedicated seat on the financial services group’s executive committee. The move makes Sanlam one…
Here’s how Chinese carmaker GWM plans to build cars in SA
184 GWM regional executives said losing the Nissan plant to Chery will not stop them. Chinese carmaker Great Wall Motors (GWM) has confirmed plans to build vehicles in South Africa. This follows…
SA’s digital economy is booming
235 The author, ACT CEO Nomvuyiso Batyi For millions of South Africans, a mobile phone is far more than just a device – it is their social life, work and connection to…
Namibia rejects Starlink
328 Namibia has turned down applications from Elon Musk’s satellite internet provider Starlink for a telecommunications service licence and access to radio spectrum, a notice in the Southern African country’s government gazette…
African Bank and Standard Bank: A tale of two banks and the perils of succession…
229 As its turbulent leadership transitions recur, African Bank risks living in the prism of two Charles Dickens novels – Great Expectations and Hard Times – as its competitors gallop ahead. Charles…
Another loss over quotas court challenge as SCA rejects appeal
226 The department of employment and labour says the employment equity regulations remain in force. Employment and Labour Minister Nomakhosazana Meth has welcomed a ruling by the Supreme Court of Appeal (SCA),…