AI Boom Sends PC Prices Soaring Across Africa | ITWeb Tech Headlines 26 – 31 October 2026
These are the stories making headlines on ITWeb this week. Soaring demand for memory to power AI infrastructure is pushing up computer prices across Africa, with IDC forecasting a 25% drop in African PC shipments in the third quarter of 2026, IDC senior research analyst Isaac Ngatia told ITWeb TV.
The digital bank expects to become South Africa’s third-largest bank by monthly active users, as it expands its lending services and mall-based hubs.
The digital bank’s growing scale and AI capabilities accelerate profitability, as it targets phase two of its “super bank” ambitions.
Mall-based kiosks become central to Nedbank’s strategy, as it transforms traditional branches into tech-enabled service centres.
GoTyme Bank migrates customers to its new app, as it discontinues its legacy digital banking platforms as part of a new strategy.
Companies must adopt a layered defence strategy that combines people, processes and technology, says Peter Clarke, founder and CEO of LanDynamix.
The integration reduces admin for the bank’s advisors, allowing more time for client relationships and financial guidance.
The digital financial guidance tool helps customers better manage spending, debt, savings and long-term financial goals.
Discovery Bank expands its AI-driven banking tools, and introduces new services as it reports fraud reduction wins.
The bank’s “phygital” model combines upgraded digital services with in-person banking support across malls in Gauteng and Western Cape.
Global card issuer-processor Paymentology and Bank Zero partner to deliver digital banking and financial services in SA.
It will evolve into a super app by integrating banking, insurance, health, travel and investments into a unified digital platform.
Banks accelerate their digital strategies, using AI and cloud to drive growth, efficiency and stronger customer engagement.
ITWeb TV: Upswing in Nedbank’s digitally active clients | Episode #70
Chipo Mushwana, divisional executive of emerging payments at Nedbank Group sheds light on SA’s digital payments landscape and the key factors that contribute to an uptake in the bank’s digital channels. #digitalbanking #banking #fintech
ITWeb TV: Absa commits to AI-powered convenience for customers | Ep #41
ITWeb’s Lungile Msomi sits down with Subash Sharma, chief digital officer: Everyday Banking, Absa, to discuss AI adoption by the bank, including ChatWallet, as well as AI, regulations and digital transformation within the fintech sector. #ITWebTV #Fintech #AbsaEverydayBanking