In 1963, DARPA (the Defense Advanced Research Projects Agency) funded MIT’s Project MAC on the condition that the developers create a technology allowing for a “computer to be used by two or more people, simultaneously.” And thus, the first pillar of cloud computing was placed. Cloud computing refers to the delivery of computing services (i.e., […]
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The fourth industrial revolution (4IR) has brought new intelligent solutions for water crisis management. From Big Data to Artificial Intelligence (AI), these innovations assist in detecting and anticipating ecosystem changes and natural disasters and assessing water wastage. Technology and Water Crisis Management Technology lends a helping hand to every sector it has been introduced to, […]
South Africa is the third largest economy on the continent and has remained robust in these uncertain times. Many consider South Africa the front door to investing there. Consequently, it has attracted investors from all over the world. Recently, these investments in South Africa have come from China and the Middle East. The economy in […]
Following the Covid-19 pandemic, the world is witnessing a recession of epic proportions. In a November article on BUSINESSTECH, BNP Paribas chief economist for the Middle East and Africa, Jeff Schultz, stated that considering the recession in 2023 that the U.S and Europe will be facing soon and China’s attempts to tweak its zero-Covid policy, […]
The escalating Russian-Ukrainian tension has reached new limits, with war on the horizons reaching across the globe as the invasion has directly affected South Africa’s economic growth and recovery. While the war escalates, South Africa’s economic growth is slowed down. The Financial and Fiscal Commission (FFC) released a presentation warning of the collateral damage that could […]
South African mobile telecom firm MTN Group Limited announced on Monday that it will be the first company to join the metaverse league by acquiring land in Africarare, unleashing African innovation, and connecting the continent to the global digital economy. In October 2021, Africarare marked its presence in South Africa as the continent’s first Virtual […]
E-commerce giant, Amazon, is centering its interest towards South Africa with new job listings in the country in various fields, including customer support, senior management, and more. Since 2004, the Big Tech giant has marked its robust presence in the oldest and second-largest city in South Africa, Cape Town. Then, in late 2018, it changed […]
South African firm, Sun Exchange, uncovered plans to expand its focus to reach various African countries in an ambitious project of crowd-sourced funding of solar panels and leasing them to customers. Supported by African Rainbow Capital Investments Ltd. – a group part-owned by billionaire Patrice Motsepe – Sun Exchange managed to raise $1.4 million funding […]
South African telecom giant MTN Group announced on Thursday that it expanded its 5G network coverage, within northern provinces of the country in Polokwane and Witbank. The company deployed 5G towers despite uncertainty regarding the allocation of new spectrum. “MTN is making strides with its 5G technology rollout strategy,” said Kagiso Moncho, MTN general manager […]
A South African firm will begin producing the Pfizer-BioNTech coronavirus vaccine, the first time that the shot will be produced in Africa, Pfizer announced Wednesday. The Biovac Institute based in Cape Town will manufacture the vaccine for distribution across Africa, a move that should help address the continent’s desperate need for more vaccine doses amid […]