Author: Staff Writer

Attacq, the JSE-listed REIT developing Waterfall City, announced that it has entered into a non-binding term sheet with the Government Employees Pension Fund (GEPF), represented by the Public Investment Corporation (PIC). The GEPF will acquire a 30% interest in the ordinary shares and shareholder loans held in Attacq Waterfall Investment Company (AWIC), a wholly owned subsidiary of Attacq and the owner of Waterfall City. “We are pleased by this transformative transaction for Attacq, to introduce the GEPF as a long-term strategic investment partner to AWIC.,” Attacq Chief Executive Officer, Jackie van Niekerk said. “Working closely alongside our new partners, we…

Empowerment, confidence, and technical ability are powerful forces. When combined and put to use in environments where circumstances have denied people access to learning, they can change lives. This can be seen through Estelle Olifant, an ICT entrepreneur who has combined her passion for tech with concern for women who suffer from social ills, which often lead back to gender-based violence. Showing how learning can transform lives and build a profitable business led to her winning R100 000 as one of the ten finalists in the MTN Foundation’s Women in Digital Business Challenge. At a superficial glance, Olifant’s business, Swiftstar…

Valentine’s Day is a time of romance and connection, but for businesses in the dating website and dating app industries, this time of year can bring extra worry due to the risk of chargebacks, a term for forced refunds initiated by a card holder with their issuing bank. Chargebacks can be detrimental to a business’s bottom line, and as such, operators of romance sites and apps must be aware of the potential risks and how to combat them. The increased usage of dating apps and websites around Valentine’s Day is not surprising, as people tend to look for companionship around…

AWS has collaborated with Leading tech NPO, GirlCode to balance the scales. GirlCodes’ mission is to bridge the gender skills gap in tech by providing a digital learning and growth hub for young girls who want to get into tech. Completely online and completely free, what started as a hackathon for women in 2014, GirlCode now boasts 3 online courses to bolster various tech skills – one of which is the AWS Cloud Practitioner course. An eight week bespoke cloud boot camp was developed to prepare the participants to take the AWS Certified Cloud Practitioner exam and provide them with…

Volvo Car South Africa has announced that local order books for the new fully electric C40 Recharge have officially opened.   Available online through the My Volvo website and offered exclusively in flagship Ultimate specification, the Swedish firm’s latest electric vehicle bears a starting price of R1 285 000. South Africa’s initial allocation is 50 units, with the first customer cars scheduled for delivery in June 2023.   The purchase price furthermore includes the Volvo Care package, which comprises a five-year maintenance plan and warranty (with the battery pack covered for eight years or 160 000 km), a home charging…

The digital economy offers Eswatini a range of opportunities to improve economic development and enhance public and private services, highlights a World Bank Digital Economy Diagnostic for Eswatini that launched today. The report provides an assessment of the five pillars of Eswatini’s digital economy comprising digital infrastructure, digital platforms, digital financial services, digital skills, and digital entrepreneurship. The Digital Economy for Africa (DE4A) is part of the World Bank’s support for the Africa Union’s Digital Transformation Strategy for Africa, which aspires to see every African person, business, and government digitally enabled by 2030. Eswatini could benefit from a digital revolution,…

Teraco: A Digital Realty Company, a leading carrier-neutral data centre and interconnection services provider in South Africa, today announced the acquisition of the iconic Great Westerford building in Cape Town from Ingenuity Property Investments. Great Westerford, a landmark building with over 30 000sqm of premium grade office space, is situated in the prime location of Rondebosch, Cape Town. The conclusion of the acquisition means that Teraco has ownership of the building that houses its CT1 data centre investment and results in the full ownership of all facilities and the underlying land that support Teraco’s leading, carrier neutral colocation portfolio. CT1…

Huawei today demonstrated its commitment to Africa’s energy transition, while also showcasing the full range of its latest solar PV and green home and business solutions, at the Solar Power Africa Conference, currently underway in Cape Town, South Africa. In his keynote address to the conference attendees, Xia Hesheng, President Of Huawei Digital Power Sub-Saharan Africa Region, pointed out that “Carbon Neutrality” has become a global consensus. Low carbonisation, digitalisation and intelligence will definitely be a deterministic trend in the next 30 or 40 years. However, digitalisation and intelligence are all supported by computing power that consumes a huge amount…

Over the last 28 days, OpenAI has become the 44th globally-ranked website according to SimilarWeb data OpenAI’s traffic has risen from 18.3 million to 672 million since December, a 3,572% increase in just two months due to ChatGPT OpenAI is now the number one technology website based on traffic rank in the Computers Electronics and Technology category, overtaking Zoom, AOL and AT&T Traffic to ChatGPT owner OpenAI has exploded by 3,572%, from 18.3 million to 672 million visits after ChatGPT’s release at the end of November. Analysis of SimilarWeb data reveals 672 million users visited the viral AI chatbot in…

The Shoprite Group invites high-achieving students to apply for its comprehensive bursaries for the 2023 and 2024 academic years.  Students enrolled for degree studies in Criminology, Accounting, Information Technology, E-Commerce, Retail Business Management and more can now apply for funding, which covers tuition fees and on-campus accommodation.  In the last financial year, the retailer spent over R16 million on its bursary programme, which funded 206 students.  As the largest private sector employer in South Africa, the Group is one of the top graduate employers in the country. In 2022, for the second consecutive year, the retailer was awarded the Gradstar Students’ Choice Award for Retail Employer of Choice, an award voted for by students.  “All…