167  South Africa’s six largest banks are spending above inflation on technology — with cloud migration, artificial intelligence and cybersecurity the primary cost drivers — as they race to modernise core…
Category: Business
How 12 hour days, bucket toilets, and R27.58 are breaking the women who feed us
145 ‘I gave my life to that farm, and now we have nothing,’ said a woman farmer from the 2025 CGE report. For South African women in the agricultural sector, an hourly…
AI won’t kill SaaS – but it will reshape it, software CEOs say
173 Oracle’s Mike Sicilia is the latest software CEO to wade in to the debate on whether AI tools that heavily automate human tasks will mean the demise of his industry. His…
Nvidia targets $1-trillion in AI chip sales as inference demand surges
149 Nvidia CEO Jensen Huang. Fred Greaves/Reuters Nvidia said the revenue opportunity for its AI chips may reach at least US$1-trillion through to 2027, as the company outlined a strategy to compete…
When CTEM, AI and a unified attack surface meet
145 Every organisation that has suffered a significant breach shares one uncomfortable truth in hindsight: the path the attacker took was there all along. The misconfigured account, the unpatched service, the employee…
Fraud complaints at the banking ombud nearly double in a year as digital scams surge
240 Notes the increase has been observed across the banking industry as a whole and not in relation to any single institution. South African bank customers are losing money to sophisticated digital…
Meta planning layoffs that could hit 20% of workforce
163 Meta Platforms is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter have said, as Meta seeks to offset costly AI infrastructure…
Why finance’s new KPI is decision speed
148 For years, finance was the organisation’s scorekeeper: close the month, balance the books, keep the auditors happy. That work still matters, but it no longer defines the job. In an economy…
Tips for SMEs to prepare for rising petrol prices amid Middle East conflict
180 Increasing petrol prices could hurt many small businesses. South Africans have been warned about a sharp increase in petrol prices expected in April due to the Middle East conflict. Garth Rossiter,…
MTN South Africa struggles as competition bites in prepaid market
139 MTN South Africa’s earnings declined sharply in the year to December 2025 as intensifying competition in the prepaid market and rising bad debts weighed on the business, even as the enterprise…