Malatsi Acts on ZADNA Governance Failures as PC Prices Rise and Tech Leadership Shifts Accelerate
In this week's tech news roundup, South Africa's Communications Minister is implementing recommendations from a ZADNA probe; CEO Molehe Wesi is suspended over misconduct, governance issues, and excessive spending.
Andrew Baker, who previously served as chief technology officer, takes the helm from Wim de Bruyn.
FNB, Absa, Standard Bank, Nedbank and Capitec go beyond pilot projects and isolated AI experiments to large-scale deployment across core operations.
The AWS Cloud solution has enabled Transaction Junction to remotely deploy Junction@POS and serve customers anywhere in the world.
The initiative will equip more than 1 500 staff across the bank’s African operations with advanced cloud computing skills this year.
Using Sovrin's decentralised distributed ledger technology will help Absa solve client identity challenges and decrease financial transaction costs.
The bank enters the R3 grouping in an effort to develop Africa's first distributed ledger-based banking system.