DURBAN – Since last night, the police officers from the Provincial Drug and Firearm Unit embarked on an intelligence driven information regarding the suspect that was going to transport drugs.
The suspect was coming from Durban and was going to transport drugs to Gauteng. The team worked tirelessly throughout the night trying to gather all the information regarding the suspect. The police officers mobilised enroot towards Jozini and Pongola after holding intense observation during the course of the night.
This morning at 07:00, a vehicle was spotted travelling on the N2 freeway at Pongola policing area. The said vehicle was then intercepted. Upon searching the vehicle, the suspect was found in possession of 6kg of raw packed heroin. The drugs were packed in coffee plastic packets as a disguise.
The total value of the recovered drugs is R108 000 000-00. A 28-year-old suspect was placed under arrest for dealing and possession of drugs. The suspect is expected to appear before the Pongola Magistrates’ Court on 7 June 2021.
WESTERN CAPE – Sivuyile Mpemnyama (38) was sentenced to 15 years direct imprisonment by the Khayelitsha Priority Court yesterday, 03 June 2021.
Sivuyile was part of a group of armed suspects who robbed crew members from the Qiniseka Security Company in Vredenburg on 27 August 2018. The suspects threatened the guards with firearms before they fled the scene with an orange canvas bag, containing more than R89 000-00.
The Hawks’ Serious Organised Crime Investigation team swiftly linked the accused to the crime through DNA and was arrested on the same day at an informal settlement. An orange canvas moneybag was recovered close to where he was hiding in different clothing. It was also proved in court that the accused was indeed observing the financial institution by means of cellular evidence.
The team ensured that the accused remained in custody until he was ultimately convicted and sentenced. The court convicted Mpemnyama on three counts of robbery with aggravated circumstances, illegal possession of firearm and possession of ammunition. He was sentenced to 15 years direct imprisonment.
The Acting Provincial Head of the Directorate Priority Crime Investigation, Brigadier Hoys applauded the team for sterling efforts.
Temenos Becomes First Core Banking Software Provider Certified with Huawei infrastructure and Huawei Public Cloud
Temenos and Huawei will jointly go-to-market with leading-edge financial services offerings in the cloud to drive scalability, operational efficiency, time-to-market, and innovation
Temenos cements its leadership in the cloud delivering its software across all major public cloud providers
GENEVA, Switzerland and SHANGHAI, China, June 3, 2021 /PRNewswire/ — During Huawei Intelligent Finance Summit 2021, Huawei and Temenos, the banking software company, announced a partnership to offer Temenos’ cloud-native core banking solution on the Huawei Public Cloud. Temenos is the first core banking software certified with Huawei infrastructure and Huawei Public Cloud.
Geographically, the partnership covers Asia with a specific focus on China and it also includes Africa, Europe, Latin America and the Middle East.
The partnership brings together the extensive cloud hosting, implementation, and integration strengths of Huawei and the power of Temenos’ industry leading banking software. The scope of the partnership covers sales and marketing, implementation and training.
Financial institutions will be able to modernize their core banking systems on Huawei Cloud and benefit from elastic scalability, cost and operational efficiencies. Together, Temenos and Huawei will help banks of all sizes to go to market faster, open up new business models, and achieve industry-leading cost/income ratios.
The two companies have demonstrated success and have a number of existing customers and successful projects in APAC. The two companies already see significant market traction and have a number of new prospects in the works. Temenos and Huawei will jointly go to market focusing on China and moving to the more regions with aligned marketing and sales processes.
Temenos and Huawei have extensive reach into the global financial services market. More than 3,000 banking and financial institutions worldwide, serving the banking needs of 1.2 billion people, rely on Temenos cloud-native, API-first technology. Huawei also works with more than 2,000 financial institutions worldwide, including 47 of the world’s top 100 banks.
The growing demand for cloud-based models has accelerated during the coronavirus pandemic, as banks require more resilient and agile technology propositions. Cloud has become the established software deployment method for digital-first banks that need to launch fast with minimum IT infrastructure cost. Larger banks increasingly shift to the cloud to incrementally modernize their systems, reduce IT complexity and cost gain greater speed to market.
Philip Barnett, President of Strategic Growth, and Member of Executive Committee of Temenos, said: “We are delighted to extend our leadership in the cloud and be the first to certify with Huawei. This joint go-to-market strategy with Huawei will massively accelerate our market penetration in China which represents approximately a USD 6 bn addressable market and we are extending to the Middle East, Africa, Europe and Latin America. Together, we can help digital-first banks as well as large banks in need of core modernization accelerate their move in the cloud. Our API-first, cloud-native core banking solution based on Huawei Cloud will provide flexibility, agility, elasticity, and accelerate time to market for banks. Our certification on Huawei Cloud demonstrates that our cloud-agnostic banking platform enables banks to pursue a multi-cloud strategy and have the highest levels of active-active resilience with the cloud provider of their choice.”
“Huawei is willing to continue to strengthen cooperation with industry-leading technology solution competent partners such as Temenos. The digital ecosystem is a place where all participants create and share value together. By strengthening partnerships, we can solve problems and create value for customers together, expand the cake, and open up new growth space for the finance industry,” said Mr. Ma Yue, Executive Vice President, Huawei Enterprise Business Group (EBG); President, Huawei EBG Global Partner Development and Sales.
Huawei Intelligent Finance Summit 2021 was held in Shanghai from Jun 03 to 04. Huawei Intelligent Finance Summit is a global ICT event hosted by Huawei and focused on the financial industry. It was founded in 2013, all participants were the industry elite in the financial industry. For more information about Huawei Global FSI Summit, please visit: https://e.huawei.com/topic/2021-event-fsi-summit/en /index.html
SHANGHAI, June 3, 2021 /PRNewswire/ — With the theme of “Leading power digitalization for a zero-carbon and smart society”, Huawei Digital Power presents its Zero-carbon All-scenario solution at SNEC 2021, the world’s largest solar trade exhibition being held June 3-5 in Shanghai, China. As a trailblazer in the global solar PV industry, Huawei is doing its part to fuel PV to become the main energy source and to create a greener world.
One of the most eye-catching parts of this exhibition is Huawei FusionSolar All-scenario PV & Storage Solution, which was unveiled on June 3. It covers “4+1” scenarios: Smart PV Generator FusionSolar 8.0, Green Residential Power 2.0, Green C&I Power 1.0, and Off-grid (fuel removal) Power Supply Solutions + Energy Cloud, aiming to accelerate the shift to zero-carbon generation and bridge the energy divide. More details can be found at our website.
On top of the exhibition display, Huawei also hosts a two-day Huawei SNEC 2021 Global Virtual Summit, starting June 3, for customers and partners who cannot attend the exhibition in person. The online summit gives the audience a valuable chance to witness the new products launch, insightful expert interviews and highlights from the booth.
1. FusionSolar 8.0: Create A Future-proof Smart PV Generator
Disrupting the traditional structure, Huawei launched the future-proof smart PV generator, called FusionSolar 8.0. It offers customers two benefits: First, the smart PV generator promises improved grid stability; second, the world’s first “Gemini” ±1500V design can help to support larger sub-arrays, higher voltages, thus could reduce LCOE by 7%.
2. Green Residential Power 2.0: Start New Life in a Zero-carbon Home
The upgraded Green Residential Power 2.0 solution highlights the innovative “1+3+X”structure. With the Smart Energy Controller at the core, it is equipped with three key components— the optimizer, the smart string ESS and the Green Power Cloud to build the intelligent power ecosystem. The Green Residential Power 2.0 solution, focusing on smart power generation, storage and smart power consumption with multiple active safety features, can lower your energy bill and allow you to start a new zero-carbon life.
3. Green C&I Power 1.0: Let Green Power Empower All Industries
Huawei launched its new C&I solution this year, which fits for different application scenarios: solar only, storage only, solar + storage + charging and off-grid. With the application of optimizers and the smart string energy storage system, the solution can improve the energy yield by 30% and energy storage power by up to 15%. Huawei inverters support intelligent AFCI arc protection and automatically shut down within 0.5s, ensuring the active safety of systems.
4. Huawei’s Digital Power Zero-carbon All-scenario Solution: Lead the Power Digitalization for a Zero-carbon and Smart society
In addition to zero-carbon power generation, Huawei also displays the digital power zero-carbon all-scenario solution for the first time at SNEC. In the era of carbon neutrality, Huawei Digital Power business unit gives full play to its strengths in digital technology and power electronics and integrates the watt, thermal, energy storage, cloud, and AI technology, to accelerate the digitization of the energy industry and contribute to a zero-carbon smart society.
During the unfolding energy transition, renewables represented by solar PV will inevitably become the primary source of energy, and building a new power system with renewable energy as the main source is the key to achieve carbon neutrality. With profound expertise in the integration of digital technology and power electronics, Huawei works with customers and partners to promote the energy transition and build a zero-carbon and smart society.
About Huawei
Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 197,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world.
Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they’re at home, in the office, or on the go. For more information, please visit Huawei online at www.huawei.com or follow us on:
SHANGHAI, June 3, 2021 /PRNewswire/ — Today, Huawei announced its Financial Partner Go Global Program (FPGGP) at the Huawei Intelligent Finance Summit 2021. FPGGP will collaborate with exciting new partners who wish to work with Huawei in the financial services industry. This global ecosystem will draw on their combined experience and expertise in technical innovation to drive digital transformation of finance. Together, they will develop industry-leading solutions, expand the global market, build the FinTech business ecosystem, create new value, and achieve shared business success.
Developing industry insights, improving services, and enabling collaboration
At the summit, Mr. Ma Yue, Executive Vice President of Enterprise BG and President of the Global Partner Development and Sales Dept, Huawei, said, “Consumer finance is developing towards full-scenario finance, which requires a cross-industry, full-scenario, and three-dimensional ecosystem After launching FPGGP, Huawei will work with global competent partners who are capable and willing to target international market expansion and establishing close partnerships to develop a strategy moving forward. Through our new partnerships, we will address digital transformation challenges, serve global financial customers, and create new value in the industry.”
FPGGP enables new efficiencies and shared benefits
The initial FPGGP has 25 members, including seven on the board of directors from Huawei, Sunline, Tongdun Technology, Netis, Wallyt, Sinosoft, and Chinasoft International. The program will focus on policies and regulations, application scenarios, technical architecture, operational support, as well as collaboration and promotion.
In addition, FPGGP members enjoy Huawei’s six core partner benefits, which include: sharing business opportunities, capacity improvement, marketing, brand growth, support in investment and financing, and operational guidance, promoting joint efforts and shared success among Huawei and partners. Member enterprises will be able to leverage each other’s insights, share resources, and collaborate closely to succeed together. Huawei will also host several activities related to financial digital transformation across China to discuss relevant trends and strategies to ‘go-global’ with the industry. Ambitious enterprises with an eye for international growth are welcome to join FPGGP.
Huawei alone cannot build the foundation of the digital world — and so, collaboration is critical. For digital transformation, companies need to work together to survive and grow. Huawei will create and share value with partners and customers. At the end of 2020, Huawei had worked with more than 30,000 partners in the enterprise market, but the company doesn’t want to stop there. Huawei continues to grow by nurturing, motivating and supporting new partners in what is a shared goal: creating new value together.
At the end of 2020, Huawei worked with over 2,000 financial institutions from more than 60 countries and regions, including 47 of the world’s top 100 banks.
SHANGHAI, June 3, 2021 /PRNewswire/ — Today, was the first day of the Huawei Intelligent Finance Summit 2021 held at Shanghai, with the theme “Accelerate Financial Digitization, New Value Together.” The two-day event attracted more than 3,000 global financial industry customers, partners, industry experts, and media. Huawei detailed how financial institutions can utilize technology to upgrade the industry and range of services on offer by constructing an ecosystem that is agile and intelligent, and ultimately transform themselves into digital-capable eco-enterprises. Huawei presented three strategic initiatives for their work in the financial sector: fully embracing cloud-native technology, diversifying and improving use cases within the industry and aggregating different SaaS products to help financial institutions become better digital enterprises.
The Financial Industry Needs to Adapt and Accelerate the Pace of Transformation
Peng Zhongyang, Member of the Board, President of the Enterprise Business Group, Huawei, in his opening speech made the point that as industries upgrade and converge, the financial services sector will transform to have their operations based on cloud through a more connected device ecosystem built for all scenarios. He added that Huawei is currently collaborating with its customers and partners to enable them to become more sustainable, resilient digital ecosystem-based enterprises, through the co-creation of technology, scenarios, and sustainability.
In the keynote speech on “Global Economic Recovery: Certainty and Uncertainty”, Dr. Fan Gang, Professor of Economics, Peking University; Vice President, China Society of Economic Reform, said, “The global pandemic is far from over. As the new engine of economic recovery, the most important component of the digital economy is not the production of digital equipment and digital technology itself, but the application of new information technology to transform various industries. Digital finance is the driving force of the development of the digital economy. It is therefore necessary to accelerate financial technology innovation, as FinTech will play a leading role in upgrading the digital transformation of thousands of industries.”
Cao Tong, President of HDFH and First President of WeBank; Hou Weirong, General Manager, Transaction Banking Department, China Merchants Bank; Chen Kunte Chief Digital Transformation Officer of Global Financial Services Business Unit, Enterprise BG, Huawei and Ye Tan, Well-Known Financial Critic joined the Panel: Intelligent Finance Transformation.
“The world is going through a digital revolution, which is closely related to finance and affects us all. Traditional banks are expanding their boundaries. I’m looking forward to the day when bankers and experts in technology can customize asset packages for users based on their age, wealth, and family structure.” Said by Ye Tan.
Huawei Announces Three Strategic Initiatives to Turn Financial Institutions intoBetter Digital Ecosystem-based Enterprises
Huawei announced three strategic initiatives it would develop in the financial sector to help financial institutions become better digital ecosystem-based enterprises. These included:
(1) Encouraging institutions to fully embrace cloud native, innovative technologies that provide optimal infrastructure to accelerate digital and intelligent convergence and create an agile platform.
(2) Deepening digitalization across all industry scenarios to enhance safe and secure data transfer, unlock the potential value of big data, and build out financial inclusion.
(3) Aggregating different SaaS products to build an open ecosystem for all scenarios, and enable scenario-based financial services.
Jason Cao, President of the Global Financial Services Business Enterprise BG, Huawei, said in his speech, “Huawei has been working with the global financial industry for 10 years and has become an important partner in digital transformation for the industry. Huawei will continue to work with this industry to drive cloud-native computing to ensure financial institutions benefit from a modern and dynamic digital ecosystem that can be continually updated and developed, making use of the latest innovations. Huawei’s ethos is to help financial institutions grow into better digital ecosystem-based enterprises and develop fully connected, intelligent, and ecosystem-based finance together”.
Shi Jilin, Vice President of HUAWEI CLOUD BU and President of Global Marketing and Sales Service, said in her keynote speech that the financial industry has always been at the forefront of digital transformation, and is at the stage of developing to digital finance, from a single scene to a multi-scenario.
She said, “Huawei and the financial industry grow together to build multi-purpose and intelligent FinTech solutions. We put forward four proposals: first, fully embrace cloudification, solve the core problems of enterprise cloud access, and guide digital transformation on the right path; second, full-scenario intelligent connection, create “finance+X ” to serve all kinds of industries; third, to carry out intelligence to the end, AI will enter the finance core production system and main business processes; fourth, build a financial ecosystem around scenarios and create an ecological financial industry. ”
Realizing New Value in the Financial Industry with Global Banking Customers to Build a New Financial Future Together
Various banking executives shared their stories and achievements of digital transformation of Chinese financial enterprises at the meeting today.
Huawei has been working closely with DBS Bank to enable their digital transformation to meet their evolving needs. In 2020, Huawei was awarded by DBS the 2020 Most Valuable Technology Partner Award from a selection of 64 other global technology vendors.
Tan Choon Boon, Head of Cloud Engineering and Services at DBS Singapore, said: “DBS has developed a strategy focusing on five key elements for digital transformation: driving comprehensive organizational change, including business success-oriented organizations; moving from ‘projects to platforms; taking onboard modern system design; building excellent agile teams; and moving towards complete automation. In the future, the two sides will continue to strengthen cooperation in cloud, artificial intelligence, and IoT. We have been working closely with Huawei to meet the bank’s evolving requirements and drive digital transformation.”
The financial industry varies greatly across regions around the world, there are still many people as well as small and medium-sized enterprises that cannot access basic financial services. Financial institutions in many countries have taken rapid steps to build digital platforms such as mobile wallets and mobile payments with partners such as Huawei. These platforms are used to build a super app ecosystem, such as Kenya NCBA, to help these financial institutions achieve significant progress in enhancing their service offerings. Added keynote1 to the customer’s speech.
During the summit, Sitoyo Lopokoiyit, CEO, M-PESA Africa said, “We’ve seen the power of M-PESA and mobile money in Africa in transforming how we can make an impact in terms into society .Today we have over 350,000 businesses and over 5 million micro SMEs that use our services. On the other side, we have 58 million customers who use our various products and services. At the core of this is our technology and partners such as Huawei play a key role in ensuring that our technology architecture addresses the needs of our business and customers.”
Huawei Launches the Financial Partner Go Global Program (FPGGP)
During the summit, Huawei announced the official launch of the Financial Partner Go Global Program (FPGGP). The company will work with partners in the financial services industry to leverage Huawei’s deep experience and technological innovation capabilities in financial digital transformation.
The initial FPGGP has 25 members, including seven on the board of directors from Huawei, Sunline, Tongdun Technology, Netis, Wallyt, Sinosoft, and Chinasoft International.
Huawei’s vision is to build a multi-purpose open ecosystem and enable global financial institutions to serve users in various industries. During the summit, Huawei explores additional cooperation agreements with financial institutions such as Temenos, and plans 15 joint solutions to be released covering a diverse set of use cases.
