127 Image Credit: Pexels The rise of work-from-home (WFH) arrangements has transformed the traditional workplace, offering unprecedented convenience but also presenting notable challenges. This shift, accelerated by technological advances and recent global…
Category: Business
AI demand sparks ‘chipflation’ warning
165 Soaring memory chip prices driven by massive AI demand risk stoking “chipflation”, Morgan Stanley analysts have cautioned, as makers of devices from smartphones to PCs are forced to choose between raising…
Nedbank, Jumo bet on AI lending for the underbanked
156 Mutsa Chironga, managing executive for personal banking at Nedbank Nedbank has partnered with fintech Jumo to launch a digital short-term lending product inside its Money App, the two companies said on…
Investors thump Absa, with astounding 43% vote against exec pay
130 This would’ve needed most of its top 10 shareholders to vote against it. Shareholders in Absa Group overwhelmingly slammed the group’s implementation of its remuneration of executives with an astonishing 43.37%…
The MVNO trap deepens as the battle moves to data
184 South Africa’s banking MVNOs were conceived as a defensive weapon. Banks watched mobile operators build payments platforms, accumulate transaction data and push into financial services from the connectivity side. The mobile…
Payments Live returns to Johannesburg for 2nd edition
156 Eventhive, Africa’s leading B2B2C event servicing company with a strong portfolio across key sectors and six major cities, is excited to announce the second edition of Payments Live as part of…
CoJ finances ‘a horror show’ – Scopa member
134 AG says CoJ wrote off R9bn in consumer debt, while City Power incurred R5.7bn in electricity losses and Johannesburg Water R2.8bn from water losses. The poor state of the City of…
BMW’s Pretoria hub built the AI now running on its factory floors worldwide
146 BMW Group South Africa CEO Peter van Binsbergen BMW Group South Africa marked 20 years of its IT Hub in Menlyn, Pretoria, on Wednesday, revealing that a team based in the…
Meta takes on OpenAI and Anthropic in enterprise AI
160 Meta Platforms on Wednesday unveiled an AI agent aimed at helping businesses carry out day-to-day operations, positioning the social media giant as a player in the enterprise AI market. Announced at…
Canal+ listing on JSE signals confidence in the bourse’s African growth strategy
136 Canal+ is the first French company to list on the JSE. The Johannesburg Stock Exchange (JSE) officially welcomed media giant Canal+ to its main board on Wednesday morning, marking the first…