154 The money will be used to support the implementation of the Just Energy Transition (JET). South Africa has secured a $474.6 million (approximately R8.4 billion) loan from the African Development Bank…
Category: Business
Tan’s tough turnaround: Intel cuts deep to regain focus
204 Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new…
Jaguar recalls E-Pace models over tearing airbags
156 ‘According to the supplier, the airbag may tear during deployment due to improper folding during the assembly process.’ Jaguar Land Rover has notified the National Consumer Commission (NCC) of an airbag…
Announcing Watts & Wheels – an exciting new motoring show
201 This Monday, TechCentral will launch the first episode of an exciting new motoring show called Watts & Wheels. The show, hosted by motoring journalist and “buzzhead” William Kelly and TechCentral editor…
AI slop goes mainstream as YouTube cashes in
182 There’s a prevailing wisdom that AI-generated content, or “slop” as it’s colloquially known, should make our skin crawl. AI models tend to generate uncanny faces, mangled hands and fantastical scenarios. Take…
The test facing new Capitec CEO Graham Lee
236 Newly appointed Capitec CEO Graham Lee. Image: Capitec The newly appointed CEO of South Africa’s biggest bank by customers has a unique problem on his hands. Since Capitec Bank — South…
Gerrie Fourie’s tearful farewell to Capitec family
164At an emotional AGM, the bank’s long-serving CEO and founding member stepped down after 25 years. On Friday, 18 July, Capitec’s now-retired CEO Gerrie Fourie stepped onto the stage at the bank’s annual…
Starlink suffers rare global outage
337 SpaceX’s Starlink suffered one of its biggest international outages on Thursday when an internal software failure knocked users offline, a rare disruption for Elon Musk’s powerful satellite internet system. Users in…
South Africans experiencing less financial stress, but still under pressure — survey
195Overall, 63% of consumers spend more than 30% of after-tax income on debt repayments; the same ratio within the 45-54 age group is 74%. Although South Africans are experiencing notably less financial…
From Stellenbosch to the stars
316 South Africa’s space innovators have been recognised by US space agency Nasa for their cutting-edge developments in satellite technology. According to Nasa’s Small Spacecraft Technology State-of-the-Art Report for 2024, released recently,…