206 Today’s digital economy is placing unprecedented strain on the power grid. For years, efficiency gains have kept electricity use relatively stable despite rising demand, enabling net-zero ambitions. But artificial intelligence, cloud…
Category: Business
Google launches new AI tools in Afrikaans, Xhosa and Zulu
178 Google South Africa MD Kabelo Makwane Google South Africa has launched an “AI glossary” that standardises 100 terms in Zulu, Xhosa and Afrikaans in partnership with the Pan South African Language…
AI mania grips the markets
222 Optimism over the profit potential of artificial intelligence has helped drive the US stock market to record highs, but investors are looking for weak spots that could emerge in the AI…
Parks Tau to monitor Temu in SA, as silence surrounds Gayton McKenzie’s meeting with Shein
138No one is willing to talk about the meeting between Shein and McKenzie, attended by Mbalula. Minister of Trade, Industry and Competition Parks Tau said his department will monitor and investigate if…
Sixty60 smashes 100 million orders
242 Sixty60, the on-demand grocery delivery platform built by Shoprite Group, has fulfilled over 100 million orders since its launch in November 2019. This is according to Shoprite’s annual report, published on…
Absa joins Ripple’s custody network in digital-asset push
164 Absa has announced a partnership with Ripple under which it will adopt the blockchain infrastructure specialist’s institutional-grade custody platform to offer secure storage solutions for tokenised assets – including cryptocurrencies –…
Shoprite’s CEO gets R1.6m per month, while employees get an average of R14k
163 The CEO received benefits such as car allowances and employees received discounts on Shoprite retail products. The pay gap between ordinary employees and executives at most companies is mind-blowing, and this…
key insights from Azure Arc SQL webinar
157 Technology decisions are never just about technology. They define how resilient a business can be, how fast it can move and how much trust it earns. At the heart of it…
OpenAI adds rand pricing, launches cheaper ChatGPT Go tier
284 OpenAI is hoping to expand its reach in Africa with the launch of ChatGPT Go, a new subscription tier aimed at making its advanced AI tools more affordable and accessible –…
South African executive pay rises amid global talent race
157Key drivers are performance-based incentives and global benchmarking. The competition for global executive talent has resulted in a notable uptick in remuneration packages for top leadership roles in South Africa. Executive directors…