Author: Staff Writer
A white paper released by Huawei and IDC has underlined how significant communication technologies will be in building the sustainable, carbon neutral energy grids of the future. The white paper, titled “On Electric Power Communication All-Optical Network, Accelerating Digital Transformation of Electric Power”, was released locally at the Huawei Sub-Saharan Africa Electric Power Summit, which formed part of Enlit Africa 2023, one of Africa’s largest energy and utility conferences. It underlines how the power communication network is the basis for automatic power grid dispatching, market-oriented network operations, and modernised management. Such a network, it says, is an important means to…
Bespoke software engineering firm, Dariel Software, has announced the launch of its Cape Town office together with the appointment of Craig Mitchelmore as Regional Manager as the company expands its reach to the Western Cape. The decision to expand comes off the back of Dariel’s own impressive growth trajectory and an evolving client base in the region where demand for its cutting-edge technology and solutions is rapidly increasing. Dariel will establish closer ties with customers in the Western Cape while being better positioned to introduce its services to a portfolio of clients beyond the financial services sector more prevalent in…
Bayobab today announced strategic pan-African connectivity partnership with Microsoft. This partnership will see Bayobab provide access to large-scale infrastructure services to build capacity to further Microsoft’s cloud initiatives, accelerating digital transformation across organisations and broader communities. This partnership comes at a critical point in Africa’s digital growth trajectory with an internet-based economy on the rise. Sub-Saharan Africa will be home to more than 1 billion people, with 50% under the age of 25 years, forecasts World Bank. A continent with the youngest population and a growing appetite for digital connectivity to access entertainment, financial and commercial needs provide enormous potential.…
Cloud technology is a crucial enabler for Small and Medium Enterprises (SMEs), assisting them to bolster growth by enabling them to collaborate more efficiently with their partners and suppliers whilst increasing efficiency. One Linkage, a women-owned technology company, has recognised this, and is hosting an upcoming event on 25 May 2023 to delve into cloud technology and its potential to foster growth for SMEs participating in ESD programmes. With a keen focus on innovation and leveraging modern solutions, this event will provide a platform for corporates, ESD practitioners and consultants and incubators to explore the transformative power of cloud technology…
Phuthuma Nathi, the MultiChoice Broad-Based Black Economic Empowerment (BBBEE) share scheme, is looking for shareholders who have not received their dividends between 2006 and 2022. As one of the most successful BBBEE schemes in South Africa, with more than 78 000 Black shareholders, Phuthuma Nathi has been paying dividends every year since the start of the scheme in 2006. Despite our efforts to contact shareholders, there is still a significant number of shareholders who have not claimed their dividends. Some of the main reasons for unclaimed dividends are that shareholders forget to update their bank account and personal details, which…
The Wealth Today and Forensic Risk Alliance announce the Forensic & Restructuring (fore) Summit 2023, set to take place on Tuesday, June 6 in Dubai. The summit will delve into the rapidly evolving landscape of white-collar crimes, sanctions, and corruption, specifically focusing on the role of Big Data and Data Analytics in investigations and prosecution. The Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have been leveraging data analytics to detect and prosecute these crimes, and the same proactive approach is expected from companies. The Summit will also explore emerging trends in corruption, including the impacts of…
Eskom notes with concern various social media posts claiming that the country will soon experience a blackout or collapse of the national electricity grid. Eskom refutes these claims and would like to assure South Africans that there are measures in place to avoid the collapse of the power system. Loadshedding is one of these mechanisms. The risk of a national blackout, while inherent to the operation of a large power system, has an extremely low likelihood of materialising given the implementation of a number of control measures, including loadshedding. The grid is by no means at a higher or imminent…
MTN GlobalConnect announced an important step in the evolution of its business through the unveiling of its new name and positioning – Bayobab. The brand reveal took place at International Telecommunications Week (ITW) Conference in Washington DC, attended by over 6000 delegates from across the digital wholesale telecoms community. The new identity, Bayobab, represents the company’s strategic transformation journey to connect Africa with open next-gen digital solutions through its two distinct businesses, Bayobab Fibre and Bayobab Communication Platforms. “Building the largest and most valuable platforms is part of our Ambition 2025 strategic priorities,” MTN Group CEO Ralph Mupita said. “The…
Born-in-SA insurtech platform Root has expanded into the UK and is enjoying promising growth in a receptive market. Root COO Charlotte Koep says the company’s first foray into global markets is proving encouraging “There is a real appetite across the UK insurance market for a platform like ours, which offers both the technical flexibility to support a myriad of product edge-cases and access to modern, accessible and embedded distribution possibilities – and at pace. “We’re establishing the business in the UK and building strong distribution partnerships. We find big organisations and we help them add value and create value –…
M-KOPA, an African Fintech platform that provides digital financial services to underbanked consumers, has secured $20 million in new funding. Since its inception in 2011, M-KOPA has provided over $1 billion in credit to more than 3 million customers, thereby avoiding 2.2 million tonnes of carbon emissions through clean energy products and allowing almost 2 million individuals to access high quality smartphones, positively impacting over 5.5 million lives on the continent. Having well-defined growth ambitions, M-KOPA has entrusted Standard Bank Group (through its subsidiaries, Stanbic Bank Kenya and Stanbic Bank Uganda) to act as mandated lead arrangers for two…