Alta Bank is suspected of wiring large amounts of money out of the country after election loss of former president Aleksandar Vučić
Excerpt from Financial Times. Original publication ↗
Source: Financial Times
A selloff for tech stocks got even worse on worries that Wall Street’s frenzy around artificial-intelligence technology sent prices too high.
From hospital equipment to bank mainframes, outdated technology is leaving critical infrastructure exposed as AI lowers the barriers to cybercrime.
The freight sector and the President are concerned about the serious slowdown of cargo at Durban harbour, but the status of Durban Gateway Terminal as a public-private partnership muddies the waters of accountability.
Despite an 18% increase in gross invoiced income, Datatec delivered only 1.4% Heps growth, raising questions about margins, costs and the durability of AI-driven demand.