Author: Gugu Lourie

Talent acquisition is a pressure cooker. And the pressure is rising. There is a scarcity of skills and cultural fit. This is compounded by high staff turnovers, exhausted teams and urgent deadlines. Often, it’s the job of a tiny talent team to alleviate this pressure and fill the mounting gaps. On average, South African talent acquisitions teams are flooded with 1 400 CVs per advertised vacancy. This number escalates to 20 000 CVs for high volume roles like internships. Finding the right match takes time but with time comes the potential of losing talent. The top 10% of candidates are snapped up…

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Liquid Intelligent Technologies, , a business of Cassava Technologies, a pan-African technology group, signed a Memorandum of Understanding (MOU) with the Government of Zambia to accelerate the country’s digital transformation and provide reliable and affordable connectivity to all Zambians. The agreement builds on Liquid’s already extensive investments made since it opened its doors in Zambia in 2011. In the MOU, Liquid Zambia has committed to launching a new data centre that can respond to increasing data-hosting needs from local businesses and hyperscalers establishing their presence in Zambia. Planned expansion of Liquid’s fibre network will see the connection of more towns…

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Vehicle tracking and telematics company Netstar, a subsidiary of Altron, in partnership with Vodacom Business, is empowering taxi commuters across the country through the use of a free in-taxi connectivity service, WiTaxi. Through this partnership, passengers can access free Wi-Fi from their personal devices during their daily commutes, turning often lengthy travel time into productive time, when commuters can get work done and even connect with family and friends. The in-transit connectivity also addresses safety concerns for taxi owners, drivers, and commuters, mitigating risk, as the platform can assist in mapping road hazards such as potholes, traffic and accidents. “South Africa’s…

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Osidon, in association with Discovery SA, today announced the launch of an innovative and tax advisory solution that will benefit individuals — as well as business taxpayers of South Africa by leveraging bespoke artificial intelligence software, advanced analytics and data. Using this next generation technology, financial consultants will be able to offer the highest quality of customer service in both tax and financial advisory — with the aim of achieving savings for clients on their taxes, insurance and overall financial position. “For the customer, this means an integrated service with a holistic view of all products that impact individual tax as a…

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Bolt, an on-demand mobility platform, has partnered with the Automobile Association (AA), the trusted safety champion of South African motorists and travellers for over 90 years, as its new emergency response services provider. The AA’s emergency response services can be accessed through the SOS button located within the Bolt app’s Safety Toolkit. This feature will enable drivers and passengers to connect quickly and easily 24/7 to private armed response teams and private emergency medical rescue if they are involved in any medical or security emergency while on a Bolt ride, at no cost. Willem Groenewald, CEO of the AA South…

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South African FinTech start-up Peach Payments  has bagged $31 million or R550 million in Series A funding led by Apis Growth Fund II, a private equity fund managed by Apis Partners LLP (Apis Partners), a UK-based asset manager. The startup was set up in South Africa in 2012. Peach Payments is a payment gateway offering simple, seamless and secure online payment services that enable businesses to easily accept payments on their websites and mobile apps, integrating with leading e-commerce platforms like WooCommerce, Shopify, Wix and Magento. The company is a rapidly growing digital payment service provider that enables online payments…

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Western Digital Corp., a Nasdaq-Listed data storage giant, today provided information regarding a network security incident involving some of its systems and the company’s active response to this matter. On March 26, 2023, Western Digital identified a network security incident involving Western Digital’s systems. In connection with the ongoing incident, an unauthorized third party gained access to a number of the Company’s systems. “Upon discovery of the incident, the company implemented incident response efforts and initiated an investigation with the assistance of leading outside security and forensic experts.,” said the company. “This investigation is in its early stages and Western…

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MICT SETA has partnered with Empire Partner Foundation, a non-profit organisation focused on technology, to provide work-integrated learning programmes for university students to help close the skills gap and reduce the unemployment rate. About thirty students from Tshwane University of Technology in South Africa have already benefited from this work-integrated learning programme. Currently, more than half of young people do not have the necessary skills to succeed in industry IT. The programme offers students the opportunity to find employment in the technology sector as it further educates them with the knowledge gained at Tshwane University of Technology. MICT SETA focuses…

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In an increasingly digital economy, accelerated by the Covid 19 pandemic, collaboration between the private sector and governments in Africa has intensified to drive digital and financial inclusion on the continent. Financial inclusion in particular is both a prerequisite and a key enabler for achieving many of the UN’s Sustainable Development Goals (SDGs), including reducing poverty, boosting economic growth and promoting market access. To this end, several governments, including Kenya and Tanzania, have not only embraced digital transformation, but over the years have also put in place sound and enabling policy frameworks to enable innovative solutions that empower citizens. For…

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 Ramp – a forecasting decision science startup that is transforming how global finance teams plan for the future – has closed a $5 million or R90 million seed round, which it intends to utilise to streamline the onboarding of new clients to allow for scale. Ramp was created in 2018 when its founders realised that the root cause of poor revenue forecasting is that, in 99% of businesses, the financial modelling still takes place on spreadsheets that are no longer fit for purpose. They found that spreadsheets are largely inaccurate, time-consuming and open to ‘subjective’ interference from different areas of…

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