Wesley Diphoko

BRICS nations are developing a groundbreaking payment system, BRICS Pay, to ensure seamless cross-border transactions even if member countries face exclusion from global financial networks.

As 2024 Transport Month draws to an end in South Africa, it is abundantly clear that the future of transportation is transforming.

As South Africa commemorates Transport Month 2024, the industry stands at a technological crossroads.

Wesley Diphoko If the influence of technology leaders was ever in doubt it is now clearly visible.

If the influence of technology leaders was ever in doubt it is now clearly visible. When Elon Musk made a decision to buy Twitter it was not clear how the billionaire would use the social media platform. People who understood technology knew that he would turn it around and build something more than just a social media platform. We now know that it has been used as a very powerful tool leading up to the US elections. Post elections it will become a tool that will be used in favour of the former President whether he wins or not. If Trump becomes a US President, Elon Musk will probably become one of the most influential people in history. His companies that include SpaceX, Tesla, Boring Company and Neuralink will probably have unfettered access to US government power. This will probably be achieved under a new government department that may be formed under the Trump Presidency, the Department of Government Efficiency. Trump promised once that he would setup such a government entity and enable Musk to lead it. “I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government,” Trump told an audience that included Trump's former treasury secretary, Steve Mnuchin, and financiers Scott Bessent and John Paulson.

In the next five years we may see some of the things we've never seen in tech. We are likely to see the speed of innovation that we've never seen before.

There's something beautiful about the Checkers Sixty60 as a service. At the same time there's something very ugly about what makes the service possible.

As 2024 draws to a close, when one looks at South Africa's technological progress, there's a reason to rejoice.

Through the course of this past year, as South Africa celebrated 30 years of democracy, observers have reflected on the country's achievements and weighed in on its unsolved problems. But while a lot was written and said about the well-known political leaders who have helped shape the nation's path over the past three decades, not much was heard about the creatives who influenced this important period in our country's history.

The African continent looks set to realize around $230 billion in financial sector revenue by 2025, despite various political and economic challenges, according to a McKinsey report on Africa's evolving fintech industry.