Author: Staff Writer

Liquid Intelligent Technologies, a business of Cassava Technologies, a pan-African technology group, has successfully installed the Mauritius Telecom T3 subsea cable connecting Mauritius to South Africa. This cable has been deployed at Liquid’s landing facility in Amanzimtoti, south of Durban. The move will bring a much-needed boost to the stability and redundancy around the connectivity that exists between the two countries. The T3 cable consists of four fibre pairs, with a design capacity of 13.5 Tbps per fibre pair and 54 Tbps for the whole system. With this, Liquid Intelligent Technologies South Africa is bringing a critical increase in the…

Vodacom has introduced a new range of mobile data bundles designed for students who are on Vodacom’s NXT LVL proposition. These student bundles are launched to offer relief at a time when the cost of living keeps rising and the interest rate is at a 14-year high, putting immense pressure on our already burdened youth segment. Accessible bundles include a 5GB All Access data bundle bolted with a 5GB Night Owl bundle for only R49, valid for 14 days. High data users can get access to a 30GB All Access data bundle, which comes with an additional 30GB Night Owl…

Salesforce remains steadfastly committed to helping solve one of South Africa’s key challenges –  the digital skills gap and job creation. Last year Ursula Fear, Senior Talent Programme Manager at Salesforce South Africa, announced the Salesforce ecosystem is expected to create 31,800 new jobs and generate $5.1 billion in new business revenue in South Africa by 2026. Further to this commitment Fear today announced Salesforce’s partnership with Collective, a private sector-led initiative aimed at addressing the massive gap between the oversupply of digital jobs and the undersupply of people with the skills to fill them in South Africa. “It’s a…

In the first half of 2023, the world’s central banks are at the end of rate hike cycles, leading to a weakened U.S. dollar. The banking crisis threatened to collapse financial markets and still influences them, shaping winning investment strategies. High inflation in early 2023 forced central banks worldwide to increase interest rates. This significantly impacted the financial sector, with many regional banks facing the risk of bankruptcy or going bankrupt. The demand for AI (artificial intelligence) technologies drove growth in capital markets. Having a clearer picture of the peak rates, investors can now consider investment options most likely to…

Visa today announced the launch of the new Visa Africa FinTech Accelerator programme to help enable Africa’s expanding start-up community through expertise, connections, technology, and investment funding.  The initiative was introduced by Visa Executive Chairman Alfred F. Kelly Jr. at Bloomberg New Economy Gateway Africa in Marrakech, Morocco. The Visa Africa FinTech Accelerator will enable up to 40 start-ups each year to accelerate and grow through a three-month intensive learning program focused on business growth and mentoring.  Following the program completion, Visa intends to further support fintech growth with capital investment in select participating businesses, while accelerating their commercial launch…

Cell C today announced the appointment of two esteemed industry leaders, Maya Makanjee and Godfrey Motsa, to its Board of Directors. The company said in a statement their inclusion in the board demonstrates Cell C’s strategic focus on accelerating growth and fuelling investor confidence.  Maya Makanjee is an accomplished business leader with a wealth of experience in various executive director positions across multiple industries spanning close to 30 years. With a Master’s degree in Business Leadership and a Bachelor of Commerce degree, Maya brings a diverse skill set to the table ranging from FMCG, Telecommunications, and Financial Services. Her track…

Huawei ranked No. 3 in South Africa’s IaaS market by revenue in 2022 while being the No. 2 IaaS vendor in China and the No.5 globally. Huawei maintains sustained high growth and ranked No. 3 in South Africa for IaaS by revenue in 2022. According to the latest research report “Market Share: IT Services, worldwide 2022” (April 2023) released by Gartner®, Huawei ranked No. 3 in the South African IaaS market by revenue in 2022 while being the No.2 IaaS vendor in China and the No.5 globally. The cloud computing IaaS market maintains high growth. In the Southern Africa region,…

A South African team has taken a top spot in the annual Huawei Global ICT Competition. The winning team included students and graduates from the University of Johannesburg (UJ), and the University of KwaZulu Natal (UKZN). They progressed to the Global Final, held in Shenzhen, China, after competing among tens of thousands of students from across Sub Saharan Africa and globally. At the Grand Final, they were one of 146 teams from 36 countries and regions competing in the major prize categories. The Huawei ICT Competition is one of the largest ICT events in the world and is aimed at…

Everybody’s talking about ChatGPT, which is the fastest growing consumer app ever unleashed in the world. It took two months for this incredible app to reach more than 100 million users—and there are few signs that its growth is slowing down. It’s an example of a technology called generative artificial intelligence (AI), which has the potential to change our working and personal lives as much as the internet did. Ahead of Youth Day (June 16), TCL discusses four things that young people should know about generative AI. What is generative AI? Generative AI enables machines to generate original content such…

Presidential spokesperson, Vincent Magwenya, has batted away suggestions that South Africa may be hit with international sanctions due to its non-aligned stance regarding the Russia-Ukraine conflict. Magwenya was addressing the media at the Union Buildings on Monday. Government has repeatedly described its stance as one supporting the emergence of peace between the two countries through negotiation and talks. “We are a little bit surprised at this talk of sanctions, which we regard as reckless and as very damaging to our already ailing and struggling economy. We find this talk of sanctions as being purely alarmist and we find it to…