Author: Staff Writer
Khoi Tech’s ground-breaking Afriwatch1 smartwatch is now available online and at selected Telkom stores. Khoi Tech – an innovative,100% BEE, Soweto-based company – created the Khoi Afriwatch1 health and fitness smartwatch in response to the Covid-19 pandemic. They pitched their concept to Telkom, who were thrilled by the potential and provided R500,000.00 grant through their FutureMakers programme. Through dedicated research, development and clinical trials with leading Soweto healthcare provider, Vilakazi Health Care, Khoi Tech refined the technology achieving an incredible 94% accuracy on average for vital health data. The Khoi Afriwatch1 smartwatch offers users real-time information on key health metrics…
Proparco, the French development finance institution, and 27four, a South African investment manager, led R550m investment in Divercity Urban Property Group alongside reinvestment from its existing shareholders. The investment is intended to fund portfolio growth and balance sheet optimization. “This significant investment in Divercity will enable us to develop over 2,500 new apartments,” Carel Kleynhans, CEO of Divercity, said:. “This helps us to demonstrate the impact and commercial viability of this economically-productive, sustainable and fundamentally empowering urban development model.” The majority of affordable housing in South Africa is located at the urban periphery, far from economic opportunities and essential amenities.…
In an informal online shopping survey conducted by PayPal among South African’ residents*, 74.5% of respondents indicated that their reason for shopping from international online stores, is to obtain unique products that are unavailable in South Africa. Some of the most commonly purchased items fall into the categories of books and media (25%), electronics (20%) and beauty and skincare (14.7%). Clothing and fashion items, however, is a clear frontrunner with over two thirds of respondents (76%) indicating that they purchase these items, several times a year, from international online stores. “Given the rise in sites such as Etsy and Shein,…
Solar solutions have taken centre stage in South African homes. The quest for an “always on” lifestyle has propelled consumers into a crucial crossroads: should you rent or buy your solar system? As we navigate the landscape where cost saving and uninterrupted power supply meets environmental consciousness, understanding the differences between owning and renting a solar system becomes precious. After all, the end goal remains the same – harnessing the sun’s power to electrify our homes. Renting vs. buying: The key differences “When you decide to rent a solar system, you agree with a solar service provider to use their…
Dell Technologies has released 2024 predictions by Dell’s John Roese, Global Chief Technology Officer, highlighting emerging trends that are set to shape the technology industry in 2024 and beyond. “The center of the universe for 2024 is AI. Next year will be all about putting AI into practice at the edge, diversifying the hardware pool and securing it through Zero Trust. We’re entering an AI era so need to recognise that long term, AI will drive architectural change across the entire IT ecosystem for many years to come,” said John Roese, Global Chief Technology Officer. ”Actively think of AI but…
MTN Business, in collaboration with Huawei and Verteco, has launched the Power-M inverter and battery solar solution tailored for small and medium-sized enterprises (SMEs), Huawei Power-M is designed to provide a space-efficient and digital backup power solution for SMEs. With its versatility, Power-M can cater to the power requirements of various business setups, ranging from small offices to larger establishments. For more than a decade, loadshedding has adversely affected businesses throughout the country, leading to substantial disruptions, decreased productivity, and financial setbacks. The frequency of loadshedding days has escalated in recent years, reaching record levels and further exacerbating the difficulties…
Airbus and BMW Group have jointly initiated a groundbreaking global Quantum Computing Challenge named “The Quantum Mobility Quest.” This challenge aims to address the persistent and formidable challenges in aviation and automotive sectors that conventional computers have struggled to overcome. Distinguished as the inaugural initiative of its kind, this challenge marks the collaboration of two major industry giants. “This is the perfect time to shine a spotlight on quantum technology and its potential impact on our society. Partnering with an industry leader like BMW Group enables us to mature the technology as we need to bridge the gap between scientific…
Sanlam Investments, one of South Africa’s largest black-owned asset managers in South Africa, reaffirms its commitment to sustainable investing through a new R46 million sustainable infrastructure deal. The Sanlam Investments Sustainable Infrastructure Fund is funding a portion of the joint venture (JV) between Alien Fuel Group and Sappi in Umkomaas, KZN, known as Mkomazi Alienfuel (MAF). This project will provide crucial baseload renewable energy derived from biomass to Sappi’s dissolving pulp manufacturing plant in Umkomaas, one of the largest of its kind in the Southern Hemisphere, where Sappi currently employs approximately 1,500 employees. Dissolving pulp is derived from cellulose from woodfibre and…
Huawei has teased its soon-to-be-released products, including the Huawei MatePad Pro 13.2”, and announced a new global product launch in Dubai on December 12th. This will be the largest tablet Huaweihas released to date, and it signals that the company is doubling down on the tablet category. This is exciting news for all tablet enthusiasts and marks a milestone in the evolution of Huawei’s tablets. A decade of excellence in the tablet market The global tablet market has continued to shrink since 2016, as new large-screen smartphones and lightweight laptops have emerged to fill the market. Despite this move, Huawei…
Some call artificial intelligence (AI) the peak of human ingenuity. Although still in its infancy, the successes of AI are mounting. The technology’s ability to automate repetitive processes with intelligence makes it a decidedly disruptive power in many sectors. It is transforming businesses and entire industries, from healthcare, manufacturing, and logistics to banking, financial services, and insurance. Yet, research shows a marked decline in enthusiasm about AI and increasing outrage about its societal impact. An August 2023 survey from the Pew Research Centre found that 53% of Americans say AI is doing more to hurt than to help people keep their personal information private.…