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JSE-listed Alexforbes has appointed Kuseni Dlamini as chair-Designate. His appointement is effective 1 July 2023. Subject to regulatory approval, Dlamini will also serve in the nominations committee and member of the Mergers and Acquisitions and Remuneration committees. Dlamini currently serves as the Chair of Massmart, Aspen Pharmacare, Sandvik Mining Southern Africa Holdings and Fedgroup Holdings and Tennant Group. He is the Lead Independent Director of the JSE-listed fintech, Capital Appreciation Limited. In the non-profit space, he serves as co-Chair of the Gordon Institute of Business Science (GIBS), Chair of the University of Pretoria Council and is a member of the…
The Volvo XC40 P8 Recharge Twin has been named the best New Energy Vehicle at the 2023 Old Mutual Insure South African Car of the Year (COTY) competition. Now in its 37th year, the SA COTY 2023 competition included 21 finalists meticulously selected from a pool of 55 qualifying vehicles competing across eight categories. The Swedish luxury automaker’s first-ever fully electric car was judged the best vehicle in the all-important New Energy Category, with Volvo Car South Africa representatives accepting the coveted award at a glittering gala dinner in Johannesburg. The XC40 P8 Recharge Twin – which is endowed with…
As South Africa prepares to celebrate Youth Day, a significant milestone in the nation’s history, Job Crystal, an online recruitment platform committed to empowering the youth of the country through contributing to hiring opportunities, facilitating quick hiring, and investing in targeted outreach initiatives. Youth Day, observed annually on June 16th, commemorates the bravery and sacrifice of the youth of 1976 who fought against the oppressive apartheid regime. It serves as a reminder of the importance of youth empowerment and the need to create a bright future for the next generation. With a deep understanding of the challenges faced by young job…
inq., a leading-edge computing company under Convergence Partners, announced the launch of its subsidiary, Edgedock, during the Securex Expo event held this week at Gallagher Estate Johannesburg. Edgedock aims to innovate Artificial Intelligence (AI) solutions and accelerate clients’ digital transformation through channel partners. This exciting development will revolutionise the AI landscape by developing cutting-edge solutions and empowering clients’ digital transformation journeys. Andile Ngcaba, Executive Chairman of inq., stated, “At Edgedock, we forge shared-purpose partnerships that offer each partner profitable revenue growth opportunities, delivering client and business relevant solutions that foster enhanced client intimacy, as well as market, segment and industry…
South Africa’s energy crisis has created opportunities for innovation, especially given Africa’s abundant natural resources which can be harnessed for renewable energy supply, according to Muhammed Ismail Seedat, Huawei’s Senior Systems Architect, Digital Power Sub-Saharan Africa Region, who gave the keynote address at the 2023 edition of Huawei’s ICT Editors Xchange. With the theme Energy Resilience: the future of energy reimagined, a panel of experts in technology, energy, finance and academia came together for the annual event, which was hosted at Huawei’s Innovation Centre in Johannesburg, to discuss the issues of energy security and sustainability, and the growth of small…
McKinsey & Company today announced the expansion of QuantumBlack, AI by McKinsey, to its offices in Johannesburg, Casablanca, Lagos, and Cairo and to serve as hubs for its global QuantumBlack network. While McKinsey has always served clients in Africa on data and analytics, QuantumBlack has been an accelerating force for McKinsey, blending powerful AI and technology with deep strategic thinking and domain expertise to help clients unlock substantial growth. McKinsey acquired QuantumBlack, a London-based company with roots in Formula 1 motor racing, in 2015. “The breakneck pace at which AI is changing and evolving is challenging investors and business leaders…
More than R10 million has been paid out to community members and over 10 million kilograms of waste diverted from landfill by Packa-Ching, a Polyco recycling initiative supported by Shoprite. With mobile units operating in low-income areas where recycling infrastructure is hard to come by, Packa-Ching incentivises communities to collect and recycle waste. Recyclable packaging materials, including plastic, glass, cans, and paper, are weighed, and community members are paid instantly via a cashless eWallet system. The funds can be used at any participating retailer or can be withdrawn or transferred to anyone in South Africa. Packa-Ching launched its first mobile…
The mission of Google’s first AI research centre in Africa is to push the boundaries of AI while solving pressing problems affecting millions of people both locally and globally, like mapping buildings in remote locations to provide better electricity. The centre was opened in 2018. Here are six AI projects the Accra research centre is working on and how they are hoping they’ll make a difference. Mapping buildings Even with satellite imagery, it can be difficult to map buildings in remote locations. When these buildings go unmapped, it can make things like planning infrastructure difficult. Our Open Buildings dataset project, launched…
Fraud, identity theft and impersonation are three of the most significant risks South Africans face in an already stressful environment caused by the country’s energy crisis, a growing cost of living/unemployment crisis, and constant news about political instability. Dalene Deale, Executive Head of Secure Citizen, points out that the desperation South Africans face daily has made them prime targets for fraudsters. “Unfortunately, human beings only have one emotional bucket, which can be rapidly depleted when dealing with fraud, identity theft and impersonation. Resolving the issue becomes all-consuming as they face an uphill battle to reclaim what is rightfully theirs,” says…
SARS Commissioner Edward Kieswetter today announced the appointment of 3 Deputy CommissionerS to strengthen his executive team. This follows an extensive executive search which resulted in the appointment of one internal candidate and two from private sector. The appointment of Deputies is also one of the recommendations in the final report of the Commission of Inquiry into Tax Administration and Governance by SARS headed by Judge Robert Nugent. Commissioner Kieswetter says: “I am delighted with these appointments. The Deputy Commissioners will provide valuable support to build on the work we commenced 4 years ago in the rebuilding program. To enhance…