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Drive for more Women in Tech
The long-held concept idea that men are innately more rational than women, dates way back to Aristotle and remains intact within society’s collective consciousness today. While much has changed, in the way of growing opportunities for women, the perspective of rational vs. emotional is still pervasive in our modern society today. This is particularly prevalent
Manufacturing Decline in South Africa a Concern
Production Manufacturers Index (PMI): Results for November 2024 The South African manufacturing sector has seen further contraction according to the latest PMI data released today. Overall manufacturing production decreased by -2,6% in November 2024 compared with November 2023. Novembers data indicates the lowest production manufacturing figure in five months, with the prospect of production volume
TCL Showcases Its Latest Display Innovations at CES 2025
TCL Electronics, a leading consumer electronics brand and the world’s top two TV brand, today showcases a diverse range of display technologies at CES 2025. This includes QD-Mini LED TVs, professional monitors, smart projectors, and RayNeo AR Glasses. Additionally, TCL unveils its latest AI advancements in new product categories and a comprehensive smart home ecosystem,
HPE Announces Greg McDonald as New Head of South Africa Sales
Hewlett Packard Enterprise (HPE) has announced that Greg McDonald has been appointed to lead the South Africa sales, assuming the role on November 8th, 2024. He joins the company after 22 years at Dell Technologies, where he most recently oversaw the regional sales business in South Africa. Greg is a highly accomplished business leader with
Westcon-Comstor Unveils Exclusive 24/7 Microsoft Advanced Support Services
Westcon-Comstor has officially announced the launch of its Microsoft Advanced Support Services, setting a new benchmark for support in the Microsoft services industry. This unique offering positions Westcon-Comstor as the only distributor providing true 24/7 advanced support for Microsoft Azure and M365 in South Africa, catering to partners and customers with complex cloud environments. "We are
Phila Dube joins MAZIV as Group Chief Commercial Officer
MAZIV has strengthened its leadership team with the appointment of Phila Dube as Group Chief Commercial Officer. This appointment continues the group’s momentum of strategic appointments made over the past year. Dube brings a wealth of experience from his 26-year-long career with the Telkom group where he held various senior roles, culminating in his position
Breaking News today – Thursday 9 January 2025
Business & Tech News Rolls-Royce Expands on Custom Build Demand: The world’s leading Luxury carmaker, has announced plans to expand its Goodwood factory and global headquarters, with the purpose of meeting ever growing demand for customised models of its vehicle range. They are reported to be spending over $370 million in the plant expansion project
Ethiopia to Open New Bourse this Friday
Ethiopia's new stock exchange will officially open this Friday (10 Jan), five decades after the previous bourse in the country closed in 1974, when Emperor Haile Selassie was overthrown by the nation’s military and share trading abolished. Ethiopia Working for More Growth The East African State has seen its economy expand by an average of
Honda Prologue Debus at CES
Honda has Unveiled its new EV, the Prologue, at the world’s largest Tech show – CES in Las Vegas yesterday. The Prologue 0, EV range is set to be launched as a mid-priced EV that simply gets the job done. The EV's have a futuristic sleek aerodynamic design and are the result of a partnership
Breaking News today – Wednesday 8 January 2025
Business & Tech News Oil Prices Surge to Three-Month High Brent crude oil futures rose above $77 per barrel this morning, extending over-night gains and hitting three-month highs. This was partly driven by data showing declining US crude inventories, with API data indicating a 4.022 million-barrel reduction in holding last week, far exceeding projected numbers
World's Largest Hydro Power Project Gets Green Light
China has given approval for what is set to become the world’s largest hydropower dam complex, that will be capable of producing nearly a three times multiple in power as the current leading generation unit at the Three Gorges Dam in China. The project will be executed along the Yarlung Zangbo River in Tibet, close
Critical Minerals in Africa – Focus of new Partnership
A new strategic partnership has been announced today (7 Jan) between the Critical Minerals Africa Group (CMAG), and the APO Group, a pan-African communications consultancy. The partnership is aiming to raise the global significance of Africa’s critical minerals sector. The concept of the partnership is to leverage APO Group’s public relations and strategic communications expertise
6 key technology trends affecting the security sector in 2025
We’ve once again reached the time of year when we look ahead to some of the technology trends that will affect the security sector over the coming 12 months. The pace of change is as fast as ever. Some of the trends are evolutions of those we’ve seen in previous years. An obvious one is
Breaking News today – Tuesday 7 January 2025
Business & Tech News Nvidia Upping Gaming Capabilities: Jensen Huang, CEO of US computer chip giant Nvidia has unveiled the firm's next-generation of gaming chips, known as the RTX 50-series. The announcement was made during Huang's keynote address at the CES, technology show in Las Vegas yesterday. According to Huang, the generation of gaming chips
Retirement Planning Part 3 – Investment Strategies
Retirement is expected to be a time where one can stop investing and start enjoying the fruits of one's labour. However, with life expectancy increasing, and inflationary factors at play, retirees are often facing prospects of a longer retirement period. This requires that their savings need to last longer and that the investments provide for
ArcelorMittal to Shut Steel Production Plants
In a blow to the local Steel production industry in South Africa, ArcelorMittal South Africa Ltd, a subsidiary of Lakshmi Mittal’s multinational group is set to close its business making long-steel production plants in Newcastle and Vereeniging in South Africa that will have an impact of over 3500 jobs. The closures are to proceed despite
Tax Levels and Policy – Driving Emigration and Hurting the South African Economy
The South African Revenue Service (SARS) has released a report indicating that 38 000 tax payers ended their tax residency in South Africa (SA) in 2023. The impact of this on tax collection in the country is a loss of R3 billion in personal tax, and excludes additional tax contribution such as Value Added Tax on
Breaking News today – Monday 6 January 2025
Business & Tech News Egyptian Economic Growth Slows: Operating conditions in Egypt's non-oil private sector deteriorated in December, according to the latest economic data, showing output and new orders falling at the sharpest rates in eight months amid inflationary pressure on prices. The headline S&P Global Egypt Purchasing Managers' Index (PMI) dropped to 48.1 in
Transport and Logistics – Overcoming the Challenges for Growth in Africa
Africa currently boasts the world’s youngest and fastest-growing population, presenting a unique opportunity to develop modern and ground-breaking infrastructure and transport solutions in emerging markets, thereby enhancing its attractiveness for foreign investments. Generational Shift Creating Challenges Younger generations have grown up with online shopping and are much more likely to utilise these services as transport
Bank Sanctions Stymie SA Financial Sector Progress Towards Grey-List Exit
While major advancements are acknowledged to have been made within the framework for combating the financing of terrorism (CFT) and anti-money laundering (AML) in South Africa (SA). There are still significant risks that need to be addressed, more than a year after the country was placed on the Financial Action Task Force’s (FATF) so-called “greylist”.