Author: Staff Writer
Today, Volkswagen Group Africa announced a R4 billion investment in its manufacturing plant in Kariega, Eastern Cape Province. The investment will be used to upgrade facilities in various areas in preparation for the addition of a third model to its production line-up from 2027. Most of the R4 billion investment will be allocated to capital expenditure for production facilities, manufacturing tooling, local content tooling and quality assurance. Nearly R877 million will be spent to enhance automation in the Body Shop. In the Press Shop, an estimated R418 million will be utilised to procure new press tooling. The first phase of…
Lexus has launched the All-New Lexus RX 450h+ Plug-In Hybrid. Touted as the best of both worlds, the plug-in hybrid has truly come into its own in recent times. Driven carefully by maximising the range permissible on a single full charge, the new Lexus RX 450h+ should be viewed as a bona fide electric SUV in its own right. For example, if you have the ability to plug in overnight after returning home from work, you’ll find that most of your daily commute can be dispatched in complete electric silence. The Lexus RX 450h+ retails for R1,629,300 and as with…
Metrofile, the leading provider of document management and digital solutions in East Africa, is proud to announce the launch of its new cloud services. This offering marks a significant milestone in the company’s mission to deliver unparalleled data security, accessibility, and compliance with regulatory standards. The Metrofile cloud services are designed to cater specifically to the dynamic needs of Kenyan businesses, addressing the challenges of data volume growth, security threats, and the increasing demand for compliance with the Data Protection Act. “Our cloud services are not just about storage; they’re about empowering businesses to thrive in the digital era with…
VALR, the Pantera-backed crypto exchange headquartered in Johannesburg, announced that it has been granted both a Category I and Category II license by the Financial Sector Conduct Authority (FSCA) of South Africa as a Crypto Asset Service Provider (CASP). This milestone makes VALR one of the first crypto asset platforms to receive regulatory approval in both categories in South Africa. The FSCA opened CASP license applications in June 2023, giving crypto asset providers six months within which to apply for a license to be compliant with South African regulations. The South African regulatory authority has established a regulatory framework for…
BDO Cyber Lab, a top-tier global network providing advisory services, and Darktrace, a leader in autonomous cyber defence, have today reaffirmed their strategic partnership. This collaboration is built on a shared commitment to combat the evolving landscape of cyber threats using cutting-edge AI technology and expert risk mitigation strategies. Together, they offer a robust value proposition to organisations seeking to fortify their defences against sophisticated cyber-attacks. The synergy between Darktrace’s AI-driven cyber defence solutions and BDO Cyber Lab’s comprehensive risk management expertise creates a formidable barrier against cyber threats, ensuring clients are well-equipped to identify, prevent, and respond to malicious…
SEACOM, Africa’s telecommunications and managed services provider, today announced the launch of its all-new low earth orbit (LEO) satellite service. Now available to SEACOM enterprise clients, the service marks an evolutionary shift in connectivity in South Africa and complements existing terrestrial broadband infrastructure and technologies. The launch comes after a two-year process of consultation with industry partners. During that time, SEACOM was part of the purchase order of the first shipment of LEO satellite equipment into South Africa. Upon delivery, the company proceeded to complete all necessary installations and test trials. LEO satellites orbit the Earth at an altitude of…
According to a research project conducted by the Elvey Group (a company in the Hudaco group of companies)[1], the current value of the South Africa security technology market is R5.84 billion, with a constant growth indicated prior to COVID-19, and then again from 2021. Confidence in the sector is apparent in the record number of visitors who attended Securex South Africa in June 2023. This year, the award-winning Securex South Africa 2024 will build on its reputation as Africa’s largest and most comprehensive showcase of security products and services from 11 to 13 June at Gallagher Convention Centre. “Taking place…
Digital healthcare provider Unu Health is revolutionising the South African healthcare landscape with the launch of its As-You-Go private healthcare app, designed to make quality healthcare accessible and affordable for everyone. Amidst a national landscape where many face challenges in accessing healthcare due to cost and convenience, Unu Health’s new digital platform emerges as a timely solution, offering services from as low as R179. The app caters to the modern South African consumer, providing flexible and on-demand healthcare services that align with today’s fast-paced lifestyle. By harnessing the power of digital technology, Unu Health aims to bridge the significant gaps…
Volvo Cars’ Taizhou manufacturing plant has switched to biogas, making it our first plant in China to achieve climate-neutral status. The plant’s switch from natural gas will result in a reduction of more than 7,000 tonnes of CO2 per year. Despite being a small share of our total Scope 1-3 emissions of 43 million tons, securing climate-neutral energy for our Taizhou plant is an important step towards our goal of having climate-neutral manufacturing operations by 2025 and reducing emissions across our global operations. This ambition is also part of our broader aim to reach net zero greenhouse gas emissions by…
Flowgear, South Africa’s premier Integration Platform as a Service (iPaaS) vendor will host the country’s first conference dedicated to Integration and automation. Scheduled for April 16, 2024, at the Microsoft Office Park in Bryanston, Sandton, Flowgear Sync will explore the transformative potential of integration PaaS in today’s rapidly evolving digital landscape. In the dynamic landscape of digital transformation, the significance of iPaaS cannot be overstated. As businesses navigate the complexities of the digital era, iPaaS emerges as a crucial technology, with its market value projected to soar to $13.9 billion by 2026. Despite its prominence, iPaaS solutions have primarily been…