Author: Staff Writer

The Mineworkers Investment Company (MIC), has announced a significant investment in revolutionary healthcare technology company Quro Medical. Through its venture capital initiative, Khulisani Ventures, MIC has invested R25 million in the startup, which is changing the way healthcare is delivered in South Africa. MIC Khulisani Ventures is geared towards unlocking the high-growth potential of scalable, innovative, Black-owned businesses. Quro Medical is a leading digital healthcare company transforming the healthcare landscape by making premium healthcare solutions accessible and affordable for everyone. The company’s innovative Hospital at Home Program is the first of its kind in Africa, offering patients high-quality medical care…

South African healthtech company Guidepost has provided an AI-powered chatbot to help South Africans living with diabetes better manage their condition. One in nine South Africans are affected by diabetes, which is also the number one killer of women and the second cause of death in the country. Daily self-management is critical to control diabetes and prevent devastating medical complications. Yet many people battle to cope. To assist with this dilemma, the new Guidepost chatbot supports patients by providing information specific to their unique challenges in a continuous and customised manner including personalised coaching. It also connects patients with Guidepost’s…

Payment24, the global platform provider specialising in payment and loyalty solutions, today announced that the organisation is enjoying continued growth, has significantly expanded operations and acquired several new logo clients as it diversifies its business beyond a provider of solutions for the fuel industry and banks only. In support, the company has also announced the significant global expansion of its operations into North America and Europe and ongoing product innovation with the launch of Cloud Switch, the expansion of its loyalty platform, the inclusion of artificial intelligence (AI) across its products, and a bold move into the electric vehicles (EV)…

Capitec, has leveraged WhatsApp’s rapidly evolving messaging technology to introduce an innovative chatbot education solution called MoneyUp Chat. The solution makes financial education available for free, in a fun format, on South Africa’s most widely used messaging platform. Jean Rossouw, Head of Social Responsibility at Capitec, says the solution is part of Capitec’s digitally led approach to providing financial education to South Africans. “MoneyUp Chat makes essential financial education widely accessible on an easy and familiar platform.” It delivers free conversational learning through interactive short courses and challenges. Users interact with ‘Moola’, a friendly chatbot, to learn more about topics…

Huawei South Africa has lent its support to a pioneering fibre optic technologies skills training programme targeting young women from three Johannesburg townships. The cohort of 19 selected participants, who all have a background in maths and science, spent a day at Huawei’s flagship Customer Solutions Innovation Centre in Woodmead, Johannesburg. Here the students were introduced to technology solutions in 5G networks, Cloud/AI, and big data among others and learned about digital solutions for specific business verticals.  They also had a formal training session relating to fibre deployment and a typical fibre project was unpacked and evaluated from start to finish.…

Property development partners, JSE listed Attacq Limited (Attacq) and Tricolt today host the grand opening of The Luna Cub, an exclusive multi-concept lifestyle destination for its residents with premium wellness, fine dining, business and leisure services. The Luna Club boasts retailers that include well-known fine dining restaurant, Olives and Plates, offering creative food concepts and exceptional services. Life Day Spa Waterfall and Trifit Wellness, are also set to open in the precinct. The lifestyle club further emphasises the excellent value Ellipse Waterfall has offered its investors leading to R 2.3 billion in sales to date. In 2020, the joint partners…

Telecommunications operator rain has announced that it has entered the mobile market for the first time. They are launching a new 4G mobile network, with high definition voice calls, data, SMS and national 4G mobile coverage. Up to now rain has primarily focused on the home internet market. rain began by launching South Africa’s first 4G data only network in 2018, and South Africa’s first commercial 5G network in 2019. Their 5G network has since expanded from metros to smaller towns and regions, covering over 7 million households. This makes one of the largest 5G network in the country and…

Eskom said due to lower weekend demand and the return to service of some generating units, Stage 3 and 4 loadshedding will be implemented this weekend. Please refer to the loadshedding table below: Eskom said it will publish a further update as soon as any significant changes occur. Breakdowns are currently at 17 245MW of generating capacity while the generating capacity out of service for planned maintenance is 4 468MW. Since yesterday morning, a generating unit each at Hendrina, Lethabo and Tutuka power stations have returned to service. “Over the past 24 hours a generation unit each at Camden, Kendal,…

Huawei has called on players across the solar industry to come together to develop high-quality solar PV benchmarks. The call, which was issued by Mr. Xia Hesheng, President of Huawei Sub-Saharan Africa’s Digital Power Business at Solar Show Africa 2023, comes at a pivotal time for the industry. With Africa home to 60% of the world’s best solar resources, solar PV has the potential to be a game-changer in providing affordable, clean energy to households, enterprises, and the wider electric grid. As Hesheng pointed out in his keynote speech at the conference, carbon neutrality, energy independence and business value are…

The Buy Now, Pay Later (BNPL) phenomenon is sweeping the local retail industry, with customer numbers surging as South Africans discover the joy of spreading the cost of their purchases across three months of interest and fee free, while receiving the goods immediately. But who’s using BNPL? And what are they buying with it? Interestingly, BNPL is not only used by lower income consumers, says PayJustNow CEO Craig Newborn. Around 4 in every 10 users are at least above average earners, if not high-income earners. They’re using it as a tool for improving their buying power, with many seeing it…