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Author: Chris Anu
After several months in the wilderness, Nvidia shares have found their way again as doubts about Big Tech spending subside, trade tensions with China ease and new chip buyers emerge. The stock rallied this week and is on track for the best month in a year after a series of long-term sales agreements during US President Donald Trump’s trip to the Middle East. That followed a tariff detente between the US and China and an earnings season that showed Nvidia’s biggest customers remain full-steam ahead on capital spending related to artificial intelligence infrastructure, where the chip maker dominates. The stock…
In this episode of ITWeb TV, Zaid Parak, group CISO, Discovery, provides insight into the most pressing cyber risks facing the financial services organisation, from credential stuffing to phishing syndicates, as well as emerging threats such as quantum computing to agentic AI. He also provides insight on the role of the CISO, his approach to cyber awareness and creating a cyber culture and strategy. Catch Zaid at the upcoming ITWeb Security Summit. #CyberSecurity #CyberThreats #CISO #CyberCulture #QuantumComputing #agenticaiWith a market cap of R140 billion and covering over 42 million lives, Discovery has a lot to protect. The man in charge…
Blue Label Telecoms has said it may list mobile operator Cell C on the JSE as part of a broader restructuring of the group aimed at unlocking shareholder value. The shares surged. In a statement to shareholders on Friday, JSE-listed Blue Label said that should the listing of Cell C go ahead, it would be on the main board of the Johannesburg bourse. The proposed restructuring of Blue Label will “assist in facilitating a separation and potential future listing of Cell C”, it said. The internalisation will enable Cell C to assume full responsibility over its post-paid customer base “The…
Starlink is an LEO satellite internet constellation operated by Elon Musk’s SpaceX. Elon Musk has, once again, taken aim at the South African government over the licensing of his satellite-based internet service Starlink in the country.Taking to his social media platform X, formerly Twitter, South African-born Musk, who is the world’s richest man, said: “South Africa has now passed 142 laws forcing discrimination against anyone who is not black. Even though I was born in South Africa, the government will not grant @Starlink a license to operate simply because I am not black.“This is a shameful disgrace to the legacy…
MultiChoice Group said on Friday that it has concluded proceedings against an importer of counterfeit power supply units (PSUs) for use with its decoders. The proceedings, under the Counterfeit Goods Act, saw a South African company called Uni Li Cell and its sole director — who the company hasn’t named — facing prosecution following the seizure of counterfeit PSUs imported through the Durban port. The development comes nearly a year after border police intercepted a shipment of about 5 000 counterfeit chargers and PSUs “falsely branded to appear compatible with DStv decoders”. These items bore the counterfeit mark ‘Dtv’, a brand…
Orange Cyberdefense wins ‘Intelligent Training and Awareness Initiative’ at Intelligent ICT Awards Africa 2025
From left: Orange Cyberdefense COO, Andre van der Walt, and Training Coordinator, Darryn Cull. Orange Cyberdefense, a global leader in cyber security services, has been honoured with the ‘Intelligent Training and Awareness Initiative’ award in the Security category at the Intelligent ICT Awards Africa 2025, held recently in Johannesburg.The judges recognised Orange Cyberdefense for its pioneering global training programme, delivered by its elite SensePost team, which is dedicated to cultivating the next generation of ethical hackers and cyber security professionals.For over two decades, the SensePost team has trained professionals on the art of ethical hacking at some of the most…
Artificial intelligence and data science are playing an ever-increasing role in decisions by retailers of where to place products in their stores to improve sales. In years gone by, product positioning was an art practiced by retailers using a combination of data, experience and instinct. Retailers understand their shoppers, the neighbourhood they operate in and the types of households in their catchment area, leading to store layouts that capitalise on the shopping habits of their customers. But sophisticated data processing techniques and the growth in AI are turning this artform into more of a science, uncovering insights that are not…
The third quarter of 2024 saw 6 290 net new international jobs in the GBS sector. While statistics show the youth of SA continue to bear the brunt of unemployment, the global business services (GBS) sector is making strides in creating jobs for local youth.From October to December 2024, the GBS sector added 6 290 net new international jobs, contributing $101 million (R1.8 billion) in export revenue.This is according to non-profit organisation Business Process Enabling South Africa’s (BPESA’s) quarterly GBS Sector Job Creation Report.BPESA highlights that impact sourcing is a key driver of this growth. The initiative actively recruits individuals…
Last week in Bamenda, the Cameroonian government staged yet another political charade—this time, in the form of a ribbon-cutting ceremony for a simple gas filling station. A representative of the Prime Minister was dispatched in dramatic fashion, accompanied by sirens, an entourage, and hired traditional performers, all to commission what any honest observer would recognize as an ordinary storage and distribution depot for bottled cooking gas.And yet, they presented it to the people as if it were a game-changing industrial breakthrough.What unfolded was not governance. It was a spectacle, pure and simple. The entire event reeked of manipulation and desperation,…
The author, redPanda Solutions business development executive Peter Ludi Everyone understands that for a retailer to be competitive, it must invest in the best technology to remove friction for customers and employees, provide the agility and capability to take advantage of big events such as Black Friday, improve operational efficiencies, and build long-term customer loyalty. However, many retailers have discovered that a technology solution decision is far more complex than it would seem and, instead, they should be investing in self-enablement. To guide retailers on this journey, redPanda Solutions has developed a white paper, A better future for South African…