Author: Chris Anu
Prosus and Naspers CEO Fabricio Bloisi Technology investor Prosus expects adjusted profit at its e-commerce business to exceed its guidance and reach US$435-million this fiscal year, CEO Fabricio Bloisi said on Thursday. Last year, European-listed Prosus, which is majority owned by South Africa’s Naspers, estimated adjusted earnings before interest and taxes (Ebit) of $400-million for its e-commerce business in the 2025 financial year, compared with a trading profit of $38-million in the 2024 fiscal year. “I am very happy to say we have exceeded our goal and will report more than $435-million for the year. For financial year 2026, I…
Tony Fergusson, CISO in residence, EMEA, Zscaler. In today’s GenAI-driven world, where data powers both transformative innovation and evolving risks, resilience demands a strategic approach grounded in zero trust, with a strong focus on data security.This is according to Tony Fergusson, CISO in residence, EMEA at cloud security company Zscaler.Fergusson will discuss the topic, ‘Resilience by design – zero trust for tomorrow’s AI-driven threats’ at the 20th annual ITWeb Security Summit 2025 on 3 and 4 June at the Sandton Convention Centre, Johannesburg.“Simplicity is complexity resolved, and achieving it is the cornerstone of resilience, as complexity and legacy continue to…
The State IT Agency faced harsh criticism from the Standing Committee on Public Accounts (Scopa) on Wednesday over its lack of digitised internal systems, even though it is Sita’s duty is to supply IT systems to the rest of government. Speaking at a Scopa meeting to discuss the audit outcomes and the financial performance of Sita on Wednesday, communications minister Solly Malatsi said there is a lack of accountability regarding the implementation of “instruments of internal controls” that should already exist at Sita. This has opened the door to corruption at the embattled agency. “It would seem, just based on…
The MacBook is secure and reliable. Issuing employees with top quality devices isn’t just a ‘nice-to-have’ perk – it’s a strategic move that boosts return on investment, productivity and staff loyalty. These are the findings of multiple studies carried out in recent years, which illustrate that issuing staff with high-end laptops – specifically MacBook – offer a significant total economic impact and improve staff retention.Sudesh Pillay, executive head of iStore Business, says the MacBook has long been the device of choice for creatives and DevOps professionals, but it is also the ideal workhorse for any role within a corporate environment.…
The ransom-seeking cybercriminals behind the extortion group Lockbit appear to have suffered a breach of their own, according to a rogue post to one of the group’s websites and security analysts who follow the gang. On Wednesday, one of Lockbit’s darkweb sites was replaced with a message saying, “Don’t do crime CRIME IS BAD xoxo from Prague” and a link to an apparent cache of leaked data. Reuters could not immediately verify the data, which appeared to capture chats between the hackers and their victims, among other things. But others who sifted through the material said it appeared authentic. Lockbit…
Meta launches new anti-scam initiative to help people spot and avoid online investment and payment scams. Meta, the parent company of Facebook, Instagram and WhatsApp, has launched a global initiative to help people spot and avoid online investment and payment scams.In a statement, Meta announced that these tools, tips and partnerships will come in handy to help people globally, as these scams continue to grow in sophistication and scale across social media and messaging platforms.“From proactive platform alerts to global law enforcement partnerships, the effort is designed to disrupt scam networks and empower users with better tools to stay safe,”…
Global Olympic partner and leading consumer electronics brand TCL Electronics has unveiled its 2025 Mini LED TVs, incorporating HVA (High Vertical Alignment) panels and its own “All-domain Halo Control” technology to consumers in South Africa. Recognised with three Global Top 1 rankings – Ultra-large Screen TV Brand worldwide, Leading Mini LED TV Brand and No 1 Google TV Brand globally – by the market research company Omdia, reaffirmed its commitment to delivering unbeatable performance, sophisticated design and incredible value. However what truly sets TCL apart is that the full 2025 Mini LED range comes standard with HVA panels, which can…
The partnerships will allow navigation of informal and rural settlements, using local knowledge and expertise. Retail chain Spar has signed partnership deals with delivery apps KasiD and Delivery KA Speed, to facilitate the delivery of groceries via the SPAR2U app in townships.Areas covered include Mamelodi, east of Pretoria; Ivory Park, Ekurhuleni; and Hammanskraal in Pretoria.According to a statement, residents in these areas can now access SPAR2U by downloading the app and placing an order, and Spar’s partners will handle the delivery.As on-demand shopping evolves rapidly in SA, the SPAR2U online delivery platform – launched by the Spar Group in July…
Apple’s silicon design group is working on new chips that will serve as the brains for future devices, including its first smart glasses, more powerful Macs and artificial intelligence servers. The company has made progress on the chip that it’s developing for smart glasses, according to people with knowledge of the matter. The move indicates that Apple is ramping up work on such a device, which would compete with the popular Ray-ban spectacles offered by Meta Platforms. The silicon team has become a critical piece of Apple’s product development engine in recent years, especially after it began replacing Intel processors…
In this episode of ITWeb TV, Nerushka Bowan, a tech law expert and founder of the LITT Institute, discusses how LLMs and generative AI tools such as ChatGPT have become a double-edged sword for lawyers, as well as how it could affect jobs in the legal profession. She also provides a sneak preview of her presentation at the upcoming ITWeb Security Summit. #ChatGPT #GenAI #TechLaw #QuantumComputing #CyberSecurityGenerative artificial intelligence (GenAI) tools like ChatGPT are shaking up the legal industry, transforming everything from contract drafting, to legal research and challenging long-held notions of how legal work gets done.This is the word…