South African commercial banking is not everyone’s favourite cup of tea, in the last few months we saw a number of banks exit the market. After suffering significant losses, Sasfin announced plans to close its Business and Commercial Banking (BCB) division in 2025, joining a growing number of financial institutions exiting their South African banking...
Day: <span>25 October 2024</span>
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African Development Bank President calls for bold, innovative and practical solutions to tackle poverty in Africa
Climate change, global financial shocks and growing food insecurity are threatening Africa, the world’s fastest-growing continent and hampering achievement of global development goals. To tackle these challenges and speed up the continent’s efforts to achieve these goals, the president of the African Development Bank, Dr. Akinwumi Adesina on Thursday called for bold reforms from development...
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CoCT reminded that South Africa is not merely a democracy, but a participatory democracy
Following several public meetings with City of Cape Town officials this month (on the 8th and 21st of October), to discuss proposed amendments to the municipal planning bylaw (MPBL), the Collective Ratepayers’ Association (CRA) wishes to express its deep concern and dissatisfaction with the format of the engagement and the lack of answers in addressing...
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Breaking Down Database Sharding: A Modern Solution for Managing Massive Data
Let’s take a moment to break down the age-old question — how to manage and scale their databases efficiently. With data volumes expanding traditional databases are struggling to keep up, often leading to slower performance and higher costs. Enter database sharding, a powerful strategy that allows organisations to split their databases into smaller, more manageable...
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European Union (EU) privacy regulator fines LinkedIn 310 million euro
The lead European Union privacy regulator on Thursday said it had imposed a 310 million euro ($335 million) fine on Microsoft’s professional networking platform LinkedIn over its targeted advertising practices. The Irish Data Protection Commissioner (DPC) is the European Union’s lead privacy regulator for most of the top U.S. internet firms due to the location...