South Africa’s banks are taking divergent paths on AI, with Investec insisting people, not machines, define the institution.
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Africa Finance Corporation has committed up to $100-million to tech fund managers to deepen local venture capital.
Africa Bitcoin Corporation, formerly Altvest Capital, is moving its JSE listing from AltX to the main board.
Microsoft estimates 23.1% of working-age South Africans use generative AI – well ahead of the rest of the continent.
State-aligned Iranian media is floating a plan to charge the world’s tech giants rent on subsea cables in the Strait of Hormuz.
Anthropic will brief central bankers around the world on cyber vulnerabilities its new Mythos model has uncovered.
Starlink now operates in two dozen African countries, with Uganda becoming the latest to licence the satellite service.
The recovery is holding, but Eskom’s own modelling warns of a possible return to blackouts by decade’s end.
Group CITO Johnson Idesoh says the bank will deploy “super agents” to scan its systems and shorten patch cycles.
The expansion is central to the home affairs department’s plan to finally retire the much-defrauded green ID book.