Jaguar Offers S.Africans Exclusive Limited-Edition F-TYPEs Inspired By 1960s Racing E-TYPES
TechFinancials
by Staff Writer
4h ago
Jaguar will offer enthusiasts and collectors in South Africa an opportunity to own one of two exclusive limited-edition F-TYPEs, inspired by iconic 1960s racing E-TYPES. Just 150 examples of the F-TYPE ZP Edition will be the last internal combustion-engined sports cars designed by Jaguar. These 423kW supercharged petrol V8 F-TYPEs feature specially curated interior and exterior details by the personalisation experts at SV Bespoke. Janico Dannhauser, Product and Pricing Manager, JLR South Africa, said: “The E-TYPE has captivated drivers and fans for decades, securing iconic status with its pro ..read more
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Identity Under Siege In Africa: IBM Study
TechFinancials
by Staff Writer
4h ago
IBM unveiled the 2024 X-Force Threat Intelligence Index shedding light on a burgeoning worldwide identity crisis as cyber adversaries intensify their focus on leveraging user identities to infiltrate enterprises on a global scale. This pervasive trend extends to the Middle East and Africa (MEA) region, where the predominant method of cyber assault against organisations involves the exploitation of valid local and cloud-based accounts, as reported by X-Force. This underscores the imperative for robust user access and control measures within enterprises. In 2023, cybercriminals increasingly fa ..read more
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MTN CEO Ralph Mupita’s Salary Jumps To R80.3 Million In 2023, Up By R11 Million
TechFinancials
by Gugu Lourie
4h ago
In 2023, the salary of MTN CEO Ralph Mupita experienced a noteworthy surge, reaching a staggering R80.3 million. This increase amounted to an additional R11 million compared to previous earnings, marking a significant development in his compensation package. Mupita received dual salaries, one in US dollars and the other in rands, as explained by MTN. This arrangement stemmed from his dual contract split between MTN Dubai and MTN Group Management Services South Africa. The telecommunications group listed on the JSE disclosed in its integrated annual report, released today, that Mupita’s tota ..read more
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Sungrow’s 2023 Revenue Soars 79.5% To Hit $10.2 Billion
TechFinancials
by Gugu Lourie
1d ago
In 2023, Sungrow – the global leading PV inverter and energy storage system provider – saw a remarkable surge in operating revenue, soaring by 79.5% to reach an impressive $10.2 billion. Simultaneously, its net profit attributable to shareholders surged significantly by 162.7% to $1.3 billion. These figures highlight Sungrow’s outstanding performance and substantial growth during the year. This robust growth was primarily attributed to the company’s expanding customer base and increasing market share in key regions. The company experienced a remarkable surge in PV inverter shipments, surpass ..read more
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Can South Africa Afford A Basic Income Grant? Or Can We Afford Not To?
TechFinancials
by Daniel Steyn
4d ago
Something must be done to solve South Africa’s social ills but the country cannot afford nor sustain a Basic Income Grant (BIG). This was the position of Business Unity South Africa’s CEO, Cas Coovadia, during GroundUp and Black Sash’s BIG Debate in Cape Town on Thursday. The proposed Basic Income Grant (BIG) would be a cash transfer from the government to citizens aged 18 to 59. The South African government has expressed support for this, and has indicated that the existing R370 Social Relief of Distress (SRD) grant that was introduced during Covid, could be the start of a more comprehensiv ..read more
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Navigating The New Era Of Low-Code And No-Code Software Development
TechFinancials
by Morgan Goddard
4d ago
Just 10 or 15 years ago, launching a new ecommerce business built for high transaction volumes and robust security was a complex undertaking. If you wanted a scalable site with customised functionality, integrations with enterprise systems like inventory management, and a bespoke look-and-feel, you would probably have needed to spend millions of rand just to get started. Today, the barriers to entry have crumbled. Consider the example of Ollie Health, an online mental health platform for global enterprise teams that offers video consultations, a customised calendar and booking system, and sec ..read more
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How Did A South African IT Firm Elevated Its Business Through Partnership With HP?
TechFinancials
by Gugu Lourie
4d ago
Introstat, a long-standing player in the South African print and IT solutions market, has recently made significant strides in its business strategy, particularly in the realms of diversity, equity, and inclusion (DE&I). Partnering with HP through the Amplify Impact programme, Introstat has not only enhanced its business but also contributed to a brighter future for its employees, the community, and the industry at large. Founded in 1989, Introstat has been a key player in the IT solutions landscape of South Africa, with offices and distribution centres in Johannesburg, Cape Town, and Du ..read more
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Navigating The Solar Transition: Choosing Safety, Sustainability And Performance
TechFinancials
by Sungrow
4d ago
As climate impacts intensify and energy prices continue their volatility, transitioning homes and businesses to solar power has clear financial and environmental benefits. Solar energy can reduce monthly power bills while also lowering a building’s carbon footprint. However, rapidly evolving options in the marketplace make it essential we make informed decisions when installing solar. Not all products provide the same assurances of safety, sustainability and energy production over decades of operation. We must look deeper than just surface costs when planning solar power systems. With so many ..read more
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Betting Big With Hollywoodbets: Guide, Reviews, And Tips
TechFinancials
by Percival Soko
4d ago
Explore the Thrill of Hollywoodbets In South Africa, the evolution of gambling from traditional, land-based venues to the dynamic world of online platforms represents a significant shift in how individuals engage with this form of entertainment. The transition to the Internet space has afforded gamblers the convenience of participating from the comfort of their homes, broadening the reach and appeal of betting activities. Within this digital realm, Hollywoodbets online emerges as a leading figure among online bookmakers, renowned for its comprehensive services that cater to a wide array of gam ..read more
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IBM Transforms The Storage Ownership Experience With IBM Storage Assurance
TechFinancials
by Staff Writer
5d ago
IBM today announced new storage capabilities that give clients choice and control in the data centre to maximise performance. A new IT life cycle management option called IBM Storage Assurance provides access to IBM FlashSystem hardware and software innovations to help protect clients’ investments from day one. IBM Storage Assurance supports the new IBM FlashSystem 5300 also announced today, as well as the FlashSystem 7300 and FlashSystem 9500. According to recent research from TechTarget’s Enterprise Strategy Group, 48% of companies expect to increase their IT s ..read more
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