Orca Fraud CEO Thalia Pillay warns financial institutions to move beyond perimeter security in the age of AI.
Bolt drivers earned R42.3bn in SA | ITWeb Tech Headlines 29 Sept - 3 Oct 2026
These are the stories making headlines on ITWeb this week. Bolt says it has paid more than R42.3 billion to driver operators in South Africa since launching in 2016, onboarding just over 500 000 drivers and serving more than 30 million passengers. Meanwhile, Home Affairs plans to use machine learning to make yes or no decisions on visa applications through its Electronic Travel Authorisation system, with humans stepping in only when an anomaly is detected, and study and work visas joining in early 2027. In addition, MTN has lost its bid to halt US anti-terrorism lawsuits, with a New York court denying its request to reconsider an earlier ruling and sending the Zobay and Long cases to discovery. At the same time, Xpatweb's preliminary 2026 Critical Skills Survey finds 25% of employers struggle to recruit ICT specialists, and 22% struggle to find AI and emerging technology skills. Finally, Capitec's fintech net income rose 30% to R2.7 billion in the six months to August, as Capitec Connect grew to 1.8 million a
The bank’s fintech income increases 30% to R2.7 billion, as it reports 19% growth in headline earnings in the six months to 31 August.
Ghana’s fintech foundations are built. The next challenge is proving that accounts and data translate into real economic uplift.
The digital bank reaches its first monthly break-even point as deposits more than double and business accounts grow.
The backing will enable the company to extend its customer reach and develop additional propositions for mobile network operators.
Fibre deployment is part of the public finance institution’s development outcomes as its infrastructure funding reaches R62.4 billion.
AWS bets $2.3bn on Africa, MTN's AI vs data thieves & more | ITWeb Tech Headlines | 7–12 Sept 2026
These are the stories making headlines on ITWeb this week. Consulting firm IQbusiness is balancing a run of targeted acquisitions and offshore expansion into the UK and Middle East with a deliberately cautious approach to AI, with CEO Rob Godlonton warning that companies deploying the technology without solid digital foundations simply generate "AI vomit".
The consulting and tech services firm seeks fintech platforms it can scale across financial services clients, while taking local capabilities into the UK and Middle East.
As fintech firms fight for specialised skills, Lesaka and Altron FinTech take different approaches to finding and building talent.
Karen Nadasen joins Hyphen as chief client officer, overseeing sales, marketing, implementation and product input.
Lesetja Kganyago emphasises the symbiotic relationship between innovation and regulation, as the central bank readies the National Payment Systems Bill.
The retail group extends its financial services ecosystem after finalising the acquisition of an initial 51% stake in R&A Cellular.
The mobile network operator delivers strong growth, robust cash generation and increased returns in the first half of 2026.
NTT Data Ditches Data Centres for Services | ITWeb Tech Headlines 27 Jul – 1 Aug 2026
These are the stories making headlines on ITWeb this week. NTT Data South Africa has sold seven data centres in a sale-and-leaseback deal with Open Access Data Centres, shifting its focus from owning infrastructure to delivering integrated managed services. Meanwhile, Standard Bank's business and commercial banking unit says data and AI are now its top priority, with CIO Fezile Dali revealing GenAI is helping staff anticipate client needs faster.