Tag: ArtificialIntelligence

For years, the future of finance and accounting has been framed mainly as a story about technology. Artificial intelligence (AI), automation and data platforms are reshaping the profession. They are changing how work gets done and what employers and clients expect. However, if that is the whole story, we are missing the point.

Microsoft 365 is embedded in a significant number of South African organisations, but adoption doesn’t mean value. The difference between the two is showing up as cost and risk. There’s a reason companies invest in technology. It should deliver measurable gains across key areas such as productivity, cost and time savings, and operational optimisation.

As Stats SA's latest labour market data shows graduate unemployment climbing, we argue that the ability to keep learning has become South Africa's most valuable workplace skill. South Africa's latest labour data raises an uncomfortable question. If even graduates are struggling to find work, is a qualification on its own still enough to build a career on?

FY26 marked a year of delivery, with strong results, disciplined capital allocation and accelerating Artificial Intelligence (AI) innovation. Prosus delivered across its AI-powered Lifestyle Ecosystem of delivery, finance and experiences, while all regional ecosystems achieved profitability.

FY26 was a year of delivery: strong results, disciplined capital allocation and accelerating Artificial Intelligence (AI) innovation. Naspers delivered across its AI-powered Lifestyle Ecosystem of delivery, finance and experiences, with all regional ecosystems profitable.

For a long time, the digital playbook for businesses was relatively straightforward. Invest in SEO, rank on Google, drive traffic to your website and convert that traffic into customers. That model still holds value, but it is no longer the full picture.

There is a narrative building around artificial intelligence (AI) that deeply concerns me. It is a narrative rooted in fear. People fear being replaced. They fear being left behind. They fear not understanding the technology. They also fear experimenting and getting it wrong. Yet, from where I sit, AI is not something we can afford to fear from the sidelines. Instead, we need to engage with it. We need to learn from it, play with it, challenge it, shape it and adopt it.

In biology, a virus does not always destroy a cell from the outside. Instead, it injects genetic instructions into the host. It then hijacks the cell’s internal machinery. This process produces more viruses. In the digital world, prompt injection follows a similar logic. It operates with stealth and precision.

Artificial Intelligence (AI) is rapidly moving from experimentation to execution within South African organisations. Organisations increasingly embed AI agents across business functions, including finance, customer service, IT and operations. However, a significant governance concern is emerging.

In a low-growth economy, organisations struggle to expand revenue. They therefore face increasing pressure to unlock efficiencies and do more with less. Consider a major South African bank. It recently celebrated a successful AI-powered fraud detection pilot. The results looked impressive. The system delivered faster detection, fewer false positives and measurable savings. Leadership felt energised.