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Tech Central
techcentral. co. za > the-open-banking-divide-in-south-africa > 279980

The open banking divide in South Africa

2+ hour, 8+ min ago  (471+ words) Standard Bank has come out in defence of a market-led approach to open banking in South Africa that the Reserve Bank recently criticised, while the fintech industry is calling for more regulation. In March, the Reserve Bank released a working…...

Tech Central
techcentral. co. za > why-south-africas-ev-market-is-going-nowhere-slowly > 279943

Why South Africa's EV market is going nowhere slowly

6+ hour, 24+ min ago  (603+ words) South Africa's electric vehicle market is failing to grow and Audi says import taxes and a lack of consumer incentives are largely to blame, with the premium segment declining in full battery electric sales last year. That was the message…...

Tech Central
techcentral. co. za > why-apple-is-sitting-pretty-ai-hype-be-damned > 279913

Why Apple is sitting pretty - AI hype be damned

1+ day, 3+ hour ago  (682+ words) The consensus a year ago was that Apple had fumbled the AI moment. Apple Intelligence launched late, shipped half-baked and the promised "new Siri" has been delayed for years. And yet, look at where the company finds itself in April…...

Tech Central
techcentral. co. za > theft-and-power-cuts-hammer-sa-telecoms-operators > 279869

Theft and power cuts hammer SA telecoms operators

1+ day, 20+ hour ago  (471+ words) Telecommunications infrastructure theft and power outages continue to hold back connectivity in South Africa, with the cost burden on mobile and fibre operators more than doubling in a year. According to communications regulator Icasa's latest State of the ICT Sector…...

Tech Central
techcentral. co. za > mtns-top-brass-in-line-for-r160-million-share-windfall > 279873

MTN's top brass in line for R160-million share windfall

1+ day, 21+ hour ago  (269+ words) MTN Group CEO Ralph Mupita has been awarded conditional shares worth nearly R40-million under the telecommunications group's long-running performance share plan, the company disclosed on Tuesday. In a notice to shareholders published on the JSE's stock exchange news service, MTN…...

Tech Central
techcentral. co. za > activist-billionaire-in-r1-1-trillion-bid-for-universal-music > 279851

Activist billionaire in R1. 1-trillion bid for Universal Music

2+ day, 4+ hour ago  (436+ words) Bill Ackman's Pershing Square on Tuesday proposed merging its acquisition vehicle with Universal Music Group with a plan to list in the US in a deal aimed at reviving the world's biggest music label's value. Pershing Square's cash-and-shares offer values…...

Tech Central
techcentral. co. za > cape-town-start-up-powers-six-month-netflix-production-with-the-sun > 279859

Cape Town start-up powers six-month Netflix production with the sun

2+ day, 4+ hour ago  (704+ words) A Cape Town start-up has powered an entire Netflix production base camp on the sun for six months, with no diesel generator running the main site " and at roughly the same cost as renting a conventional generator. Cinergy Mobile Power…...

Tech Central
techcentral. co. za > r230-million-in-the-bag-for-endeavors-third-harvest-fund > 279847

R230-million in the bag for Endeavor's third Harvest Fund

2+ day, 6+ hour ago  (328+ words) Endeavor South Africa has announced the final close of its Harvest Fund III at R230-million, bringing together institutional investors and founder capital to back later-stage technology companies across South Africa and the broader continent. The rules-based co-investment vehicle invests alongside…...

Tech Central
techcentral. co. za > south-africa-inc-must-wake-up-to-quantum-threat > 279822

South Africa Inc must wake up to quantum threat

2+ day, 8+ hour ago  (402+ words) South African enterprises are not putting enough effort into understanding quantum computing and how it could either threaten or benefit their businesses. That's according to Phumzile Madonsela, director at the African Quantum Consortium (AQC), who told Tech Central in a…...

Tech Central
techcentral. co. za > openai-takes-the-fight-to-elon-musk > 279815

Open AI takes the fight to Elon Musk

2+ day, 9+ hour ago  (223+ words) Open AI has urged the California and Delaware attorneys-general in the US to consider investigating Elon Musk and his associates" "improper and anticompetitive behavior" ahead of a trial between the two sides set to begin this month. Musk sued Open…...