Author: Staff Writer
South Africa’s mining industry has made substantial progress in its journey towards digital transformation in the last decade, but to truly shift the mining sector into the Fourth Industrial Revolution, partnership and collaboration will be key. The role of collaboration in driving mining modernisation was explored by esteemed industry delegates at Huawei’s Mining Summit in Johannesburg on 28 October 2021. “Innovation doesn’t happen in a siloed space. It’s enabled by collaboration. It’s facilitated when people talk to one another and when they share ideas with one another. And, that’s why we have built and strengthened our partnerships with partners like…
Cisco and Makwa-IT have today come together to tackle the grassroot development challenges faced in South Africa through the announcement of their support of the Wot-if? Trust who manage and initiate a number of programmes and projects based on expressed community needs with a focus on CSI, Socio-Economic, Enterprise and Supplier Development programmes in Diepsloot. At a launch event at the Wot-if? premises, the program will see Makwa-IT donating resources to deploy networking technologies to the non-profit organisation (NPO), which will help them realise significant gains in productivity, scalability, and cost-efficiency, exclusively using Cisco solutions. Wot-if? enables platforms, programs and…
JSE and Nasdaq-listed Net1 UEPS Technologies is buying Fintech player Connect Group for R3.7 billion. The acquisition of the Connect Group, a profitable, high-growth and leading South African FinTech company, is transformational for Net1 in its journey to becoming South Africa’s leading FinTech platform. “Our vision is to transform Net1 into the leading South African fintech platform, offering payment processing and financial services to underserved merchants and consumers. The acquisition of the Connect Group transforms our merchant offering, MSME footprint and growth trajectory, while also uniquely positioning us to be the South African market leader serving both merchants and consumers,”…
Telkom has deployed the latest generation of W-LAN technology, the Wi-Fi 6 in support of the Local Government Elections 2021. Launched in 2019 and used for the first time in a South African election, the latest version of Wi-Fi technology will be one of the fit-for-purpose technologies deployed by Telkom for these elections. According to Prashil Gareeb, Managing Executive Wireless Solutions, Telkom continuously works to deploy the most advanced technologies for the Independent Electoral Commission. During the election period, the Telkom network supports multiple electoral officials, the security cluster, media and public officials. All are co-located at the nine main…
In the face of the global chip shortage, Bosch is increasing its capital expenditure. Just a few weeks after opening its new wafer fab in Dresden, the supplier of technology and services has now announced another nine-figure investment in its chip manufacturing facilities. In 2022 alone, Bosch plans to invest more than 400 million euros or R7.1 billion in expanding its wafer fabs in Dresden and Reutlingen, Germany, and its semiconductor operations in Penang, Malaysia. “Demand for chips is continuing to grow at breakneck speed. In light of current developments, we are systematically expanding our semiconductor production so we can…
Sasfin has announced that Sandile Shabalala will join them as Chief Executive of Business and Commercial Banking. Having successfully led the establishment and formal launch of the new TymeBank in February 2019, and, as former Managing Executive of Business Banking at Nedbank for 11 years, Sandile is a powerful addition to the purpose-driven bank. He will commence the position on January 2nd, Michael Sassoon, Group CEO of Sasfin, explains, “Based upon what we have planned, I couldn’t have asked for a better combination of experience than the track record Sandile has, having led a business banking unit within a large…
Takealot has announced that it will run a full month of Blue Dot Sale deals for a second year in a row, with countdown deals at Takealot’s Black Friday prices. Kicking off on 1 November, eager shoppers, looking for the best deals in South Africa, will be able to shop weekly Blue Dot Countdown deals across Takealot’s wide range of home, tech, sport, beauty and more. From 1 – 25 November, Takealot will release tens of thousands of deals each week in the lead-up to the epic five-day Blue Dot Sale. Week 1 (1 – 7 November): large appliances, TVs,…
People are turning to robots to support their career development after the COVID-19 pandemic left them feeling lonely and disconnected from their own lives, according to a new study by Oracle and Workplace Intelligence, an HR research and advisory firm. The study of more than 14,600 employees, managers, HR leaders, and C-level executives across 13 countries found that people all around the world have felt stuck in their personal and professional lives but are ready to regain control of their futures. The global workforce feels lonely, disconnected, and out of control More than a year in lockdown and the continued…
RecoMed, the largest and fastest growing online healthcare marketplace and booking platform in South Africa recently concluded a highly successful funding round of R21 million with a strong and diversified group of leading local and international investors. The round was led by Vunani Fintech Fund– an investment vehicle focused on digital and tech-based solutions– which made an investment of $1 million (USD), the equivalent of R15 million (ZAR). The round also included existing RecoMed investors AAIC (a Japanese private equity and venture capital fund focused on African investments), Growth Grid Venture Capital Partners, and Push Ventures based in Kenya. RecoMed,…
Atterbury, property investor and developer, is developing a new 24,000m² distribution centre (DC) for Takealot, South Africa’s largest online retailer, in Richmond Park, Milnerton, Cape Town. Takealot will begin operating from its Richmond Park DC from 1 August 2022. Construction of the 24,000m² facility consisting of 22,000m² of warehouse and 2,000m² of offices, has already commenced. The facility has been designed to provide Takealot with expansion options to add an additional 50,000m² of warehousing to the initial phase, which would increase its size to more than 70,000m². The new Takealot DC is designed for sustainability and will feature a dedicated…