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4:20

FNB CEO hints at reconsidering crypto-currencies

One year after closing down crypto-currency-backed accounts, FNB CEO Jacques Celliers says the bank is open to embracing crypto assets like Bitcoin.

3:40

FNB snaps up record 6m digitally-active users

The bank’s customers have on average logged-in 29 times per month on the FNB app, increasing total average monthly logins by 41%.

3:40
Wednesday

South Africa among countries most sceptical about 5G

Many are still cynical about the next-generation tech, routinely searching online to query 5G’s safety and its connection to COVID-19, despite these concerns being debunked as fallacies.

4:40

US vows to fight artificial intelligence threats posed by China

The US government recommends instituting measures to ensure China doesn’t overtake America in the production of semiconductors that are essential in the development of AI.

3:50
Monday

Remote working boosts PC distributor Mustek

Revenue for the group continued the growth trajectory that started during the previous financial year due to surging demand sparked by remote working.

2:10

Huge Distribution takes over Panasonic business in SA

Pansmart, the previous distributor of Panasonic products in SA, has rebranded to Huge Distribution after the Japanese company exited the PBX market.

2:10

Local start-up Stitch raises R60m funding

The start-up company says this is the largest investment to date in a pure-play African fintech infrastructure firm.

4:20

Standard Bank joins distributed ledger tech network

The bank establishes Africa’s first Hedera network node, which is set to soothe some of the sore points that have historically beset cross-border trade.

1:50

Andile Ngcaba’s Convergence Partners buys Ctrack MEA ops

The specialist investment firm enters into an agreement with Nasdaq-listed Inseego to acquire 100% of Ctrack’s operations in Africa and the Middle East.

2:40

Huawei defies US restrictions in 5G push

The Chinese telecommunications giant makes significant gains in the 5G market, despite the continued US sanctions.

5:20

Top law firms gun for Uber in SA driver exploitation lawsuit

Mbuyisa Moleele Attorneys, assisted by Leigh Day, prepare a class-action lawsuit against Uber BV and Uber SA on behalf of South African Uber drivers.

3:20

Remote working trend to stick beyond COVID-19

Many companies plan to allow some employees to work away from the office, even when offices reopen after the pandemic ebbs, says McKinsey.

Admire Moyo
ITWeb's news editor.

Admire Moyo is ITWeb's news editor He has been a tech journalist at ITWeb since 2010. Before joining ITWeb, Admire worked for The Herald newspaper based in Zimbabwe. He holds a BA degree (English and History) from Africa University.