Tuesday , 10 September 2024

Category: Finance & Banks

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R250m high skills centre for Limpopo youth

R250m high skills centre for Limpopo youth

by NKHENSANI NKUNAPOLOKWANE - THE construction of the R250 million Mahumani High-Tech Skills Development Centre started on Monday. Limpopo tech centre This comes after the acting ...

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Banks Act gives Prudential Authority unconstitutional powers over banks

Banks Act gives Prudential Authority unconstitutional powers over banks

by GARY MOOREJOHANNESBURG - THE 1990 Banks Act stipulates how registered banks must conduct their business of taking deposits from the public. The Banks Act also prohibits the con ...

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Lenovo posts higher profit, targets opportunities in hybrid AI

Lenovo posts higher profit, targets opportunities in hybrid AI

by AKANI CHAUKEJOHANNESBURG - LENOVO Group has reported a profit jump across all areas of the business and significant progress in capturing hybrid Artificial Intelligent (AI) opp ...

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Vodacom invests R800 million in KZN network

Vodacom invests R800 million in KZN network

from NJABULO BUTHELEZI in DurbanDURBAN - VODACOM is investing over R800 million (approximately US$44m) this financial year on building new network sites, modernising its network a ...

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Westcon-Comstor’s ID additional revenue tops US$768m

Westcon-Comstor’s ID additional revenue tops US$768m

by DION HENRICK in Cape TownCAPE TOWN - GLOBAL technology provider and specialist distributor, Westcon-Comstor, reports that its Intelligent Demand (ID) programme has generated US ...

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Analysis: Why a BRICS currency?

Analysis: Why a BRICS currency?

by RICHARD J GRANTJOHANNESBURG - IT is not obvious that the creation of a Brazil, Russia, India, China and South Africa (BRICS) currency was anyone's first choice. Dr. Richard J G ...

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Consumer inflation records a marginal drop in June

Consumer inflation records a marginal drop in June

by KOKETSO MANOJOHANNESBURG - HEADLINE inflation was 5.1% y/y in June, down slightly from 5.2% in May. FNB Senior Economist, Koketso Mano The print was slightly lower than our 5.2 ...

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Fintech meets InsureTech: Why digitisation is the key to superior insurer service

Fintech meets InsureTech: Why digitisation is the key to superior insurer service

by KELETSO MPISANEJOHANNESBURG - AFRICA is a global leader in creating and implementing tech-based financial solutions. Mukuru's tech-based financial solutions A thriving fintech ...

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Novus Holdings Invests in Bytefuse

Novus Holdings Invests in Bytefuse

SOUTH AFRICA - NOVUS Holdings has announced a R55m investment in Bytefuse, an innovative artificial intelligence (AI) company, to enhance its capabilities to deliver enterprise sc ...

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Damrev in multimillion-dollar deal to tokenise Namibian mine

Damrev in multimillion-dollar deal to tokenise Namibian mine

from DION HENRICK in Cape TownCAPE TOWN - DAMREV, the real world asset (RWA) tokenisation company, has secured a $330 million (R6,2 billion) deal to tokenize a copper mine in Nami ...

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