Author: Staff Writer

Paratus Group, a leading pan-African telecommunications provider, has signed with BSO – the global pioneering infrastructure and connectivity provider serving the world’s largest financial institutions – as its first customer for the recently launched Paratus Express Route. This ground-breaking fiber route provides the fastest connectivity between Johannesburg and Europe, with an impressive latency of just 123 milliseconds. BSO, known for its low-latency connectivity solutions for businesses operating in time-sensitive industries, is now able to enhance its service offering by using Paratus Express Route. Michael Ourabah, CEO at BSO, said: “We are excited – not only to be the first customer…

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RMB takes a $100 million or R1.8 billion bet on Powerfleet, a global telematics business listed on the Nasdaq, with a secondary listing on the Johannesburg Stock Exchange (JSE). The entity was created from a merger between Powerfleet and Mix Telematics (Mix). The combined business aims to become a top-tier global provider of Internet of Things (IoT) and Software as a Service (SaaS) solutions that optimise the performance of mobile assets. The debt facility from RMB was tailored to cater for significant complexity in this multi-jurisdictional business. It will enable the merged Powerfleet entity to leverage the strengths of each…

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South African entrepreneurs Eldrid Jordaan and Goitse Konopi have successfully listed their new technology venture, Suppple, on the Luxembourg Stock Exchange. The company has a market capitalisation of £200 million (about R4.6 billion) and its shares are priced at £2 each. This strategic move aims to bolster Suppple’s financial stability and enhance its attractiveness to investors, which is expected to support the company’s plans for expansion into new markets and sectors. The founders, Prof. Eldrid Jordaan and Goitse Konopi, coupled with their visionary leadership in GovChat laid the groundwork for Suppple. Under their stewardship, GovChat launched as South Africa’s official…

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Based on recent research, here are the top 10 cheapest wireless fibre providers in South Africa, including their pricing, speeds, and an evaluation of their reliability. This table can help you compare the options and make an informed decision: Provider Speed Price/Month (ZAR) Reliability Reasons for Top 10 Zoom Fibre 15 Mbps R345 High Affordable, reliable, good entry-level options​ ​ Openserve 20 Mbps R299 High Very affordable, wide coverage​ ​ Vox Telecom 10 Mbps (Frogfoot Air) R289 High Low price, good for light usage​ ​ Clear Access 8 Mbps R325 Medium Low-cost, moderate reliability​ ​ ITNT 25 Mbps R425 High…

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As the digital landscape in South Africa evolves, online scams have become increasingly sophisticated, posing significant risks to individuals and businesses alike. Here are ten prevalent scams to watch out for in 2024: Deepfake Impersonation Scams: Scammers use AI to create realistic fake videos or audio clips, often impersonating CEOs or family members to trick victims into transferring money. Investment Scams: Fraudulent investment schemes promise high returns. Always verify the legitimacy of the investment platform. Charity Scams: Fake charities solicit donations, especially during crises. Verify charities through reputable databases. Coronavirus Scams: Scammers exploit COVID-19 fears with fake testing kits, vaccines,…

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First Battery, a long-standing name synonymous with automotive batteries, has announced the appointment of Shane Petersen as the company’s Director of Sales and Marketing. With an illustrious 93-year history deeply rooted in automotive batteries, First Battery has been a trusted provider of powering vehicles across South Africa’s varied terrain. Petersen brings to First Battery a wealth of experience from his extensive career spanning mobility, energy, and multinational enterprises. With a profound understanding of market dynamics and a track record of strategic foresight, he is poised to lead First Battery into a future where energy liberation is not just a mission…

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Sungrow, the global PV inverter and energy storage system provider, has solidified its presence in South Africa’s renewable energy sector with two significant agreements recently inked. The company has forged partnerships with Herholdt’s and ARB, both prestigious distributors in South Africa. The signing ceremony marked the commencement of an official distribution agreement, whereby Sungrow is committed to providing a comprehensive range of products and services to these esteemed partners. This diverse offering comprises inverter and storage solutions tailored for residential and commercial & industrial applications. Additionally, Sungrow will offer extended support and comprehensive after-sales services to ensure smooth operations and…

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ESMT Berlin and the BMW Group are partnering for the third time to offer BMW Group Change Maker Fellowships. The 10 full-tuition fellowships for the ESMT Global Online MBA will support ambitious young mathematics or technology professionals to accelerate positive and meaningful change from selected markets including South Africa. The BMW Group Change Maker Fellowship builds on the long-term partnership between ESMT and the BMW Group. After supporting displaced women from Ukraine and young professionals from Central and Eastern Europe, the 2024 edition will focus on digitalization to cultivate tech-savvy future leaders in key countries. “We at the BMW Group…

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As the South African on-demand delivery industry flourishes, the concept of motorbike advertising, pioneered by MotionAds, has seen over R10 million paid to drivers who embraced the concept of advertising on their delivery boxes in the past five years. Founded in 2019 by two young local entrepreneurs who identified an opportunity to brand the thousands of delivery bikes on the road, MotionAds integrates brand exposure while empowering drivers to earn additional income by carrying third-party advertising on the top box of their bikes. This shared-value model approach has seen drivers cumulatively earning over R10 million since 2019, up from just…

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Audi South Africa has added Urban Editions to the Q3 SUV and Q3 Sportback lines. These editions come with standard features. They sit between Advanced and S line options. Black Editions are still the highest tier. “Following an overwhelmingly positive response from customers and the media alike to our recently launched Q3 Black Edition models, we’ve chosen to expand the Q3 special edition offering to include this new Urban Edition trim line. Supported by our Audi Assured guaranteed future value financial offers, the new Q3 Urban Edition options emphasise outstanding value, considered design additions and carefully chosen convenience items,” says…

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