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A young trailblazer in the IT Cloud Industry
Thulasizwe Mavuso a young entrepreneur who founded the IT Cloud services company Solvyng in 2020. Mavuso started the company after identifying an opportunity to provide businesses faced with the challenge of having to adapt to a technologically driven operating environment. “We enable businesses to move from legacy ways of doing things into a digital world
Smart money moves to make as a young professional
To be young and carefree, they say. But nothing comes close to understanding financial literacy at an earlier age because it helps develop healthy lifelong financial habits. Making smart money moves when you are a young professional will benefit you significantly as you navigate through financial freedom and wealth creation. Ester Ochse, Product Head at
The captivating world of XMAGE: Uncovering remarkable contributions to HUAWEI’s trailblazing mobile imaging technologies
Experience the thrill of HUAWEI’s latest breakthrough in smartphone camera technology with the highly impressive HUAWEI P60 Pro. Unveiling a world of possibilities, HUAWEI has once again redefined the boundaries of mobile photography. Behind this remarkable achievement lies a well-kept secret, as the brand's unwavering commitment to excellence stems from a transformative shift in their
South African taxi industry needs technological innovation to enhance the economy
The taxi industry has been the biggest creator of black entrepreneurs for decades and currently experiencing existential challenges. Contrary to popular opinion, the taxi industry is still the most reliable and preferred mode of transport for 60% of commuters. The reason for this preference stems from the simple fact that a taxi goes to more
IHS SEEKS JPMORGAN'S ADVICE AS MANAGEMENT FEARS HOSTILE TAKEOVER BY MTN, WENDEL
According to sources familiar with the matter, New York-listed IHS Towers is currently seeking advice from JPMorgan Chase & Co. regarding an ongoing dispute with its largest shareholders regarding the company's management. The concern stems from the fear that proposed governance changes by MTN and French investment company Wendel, who collectively hold approximately 45% of
VEI SA Winner Vuleka: A Platform That Connects Large Wholesalers with Informal Businesses
Visa Everywhere Initiative, a global open innovation competition that sees startups pitch their innovative solutions to solve tomorrow’s payment and commerce challenges announced their South African winner. The event will took place in Cape Town, on the 22nd of June where VEI in South Africa saw an in-person competition, where 5 fintech finalists pitched their startup
Agriculture on a bumpy road to Recovery
South Africa’s poor agricultural performance in the first quarter of 2023 nearly pushed the country into a recession, but the prospects for the rest of the year are better. Agriculture has in recent years been a star performer. However, it contracted by 2.4% year-on-year in the fourth quarter of 2022, and then by 12.3% year-on-year in the
SA fights to keep Agoa benefits
South Africa’s trade minister, Ebrahim Patel, will be concerned with wider trade issues than poultry when he goes to the United States next month. According to Business Day reports the minister will be leading a delegation to present arguments to the US government on why South Africa should not be excluded from the benefits of America’s
Manufacturers must embrace predictive analytics to make the most of their ERP solutions
Industry 4.0 is driving manufacturers to increasingly harness and use Big Data to enable responsive, optimised outputs. However, investment in technologies is irrelevant without data analytics to understand the internal and external factors impacting on a business. Big Data gets bigger every year, and manufacturing companies are increasingly able to collect data from a vast and
CPI inflation eased more than expected
The May print came in slightly lower than our forecast of 6.4% and the Thomson Reuters consensus of 6.5%. The slowdown was largely because of a sharper-than-expected decline in food and non-alcoholic beverages inflation to 11.8% y/y in May from 13.9% in April, effectively shaving 0.4pp off headline inflation. Core CPI inflation edged lower by
Average take-home pay slipped marginally in May, but pensions held its own
The average nominal take-home pay, tracked in the BankservAfrica Take-home Pay Index (BTPI), slipped marginally during May 2023 to R14 457, remaining 2.7% below the level of a year ago (R14 862). While the economic narrative remains dismal, evidence of resilience has recently been coming to the fore, with better-than-expected economic data releases. Specifically in the
Former Vodacom Exec Jorge Mendes is The new Cell C CEO
Telecommunications company Cell C has appointed former Vodacom executive as their new CEO, replacing Douglas Craige Stevenson. Mendes will start his duties as CEO on 1st July 2023. Mandes is the latest addition to the company after Cell C said it had appointed former MTN South Africa CEO Godfrey Motsa and former Vodacom chief officer
The Central Bank of Nigeria Clarify Operational Issues With The Unified FX Regime
Ghana: Finance Minister Ofori-Atta yesterday provided an economic update, noting that authorities expect to complete debt restructuring before the next IMF review of the USD3bn facility, which is expected in September. He added that the government aims to reach an agreement with bilateral creditors in the coming weeks as it seeks to complete the Memorandum of
Vodacom Launches Affordable Student Bundles, Empowering Youth to stay connected during Youth Month
Vodacom has introduced a new range of mobile data bundles designed for students who are on Vodacom’s NXT LVL proposition. These student bundles are launched to offer relief at a time when the cost of living keeps rising and the interest rate is at a 14-year high, putting immense pressure on our already burdened youth
Securing Your Future By Saving For Retirement
Retirement is an inevitable part of life that every one of us has to go through. Saving for retirement is crucial. It is important for one to think beyond your current income and need to plan beyond retirement. Nidia Lourens, Senior Actuary at Metropolitan, sheds light on the importance of building a nest egg for the
Nairobi, Kenya: Nominations Open for the 2023 Africa Startup Ecosystem Builders Summit & Awards
The highly anticipated Africa Startup Ecosystem Builders Summit & Awards (ASEB) is pleased to announce that nominations are now officially open for the ASEB 2023 event. Taking place from December 6th to 8th in Nairobi, Kenya, ASEB 2023 promises to be bigger and better than ever before. ASEB aims to celebrate the remarkable individuals and
SA Retail Sales Volume Rise, Eskom Says it will keep rotational power cuts suspended
Stats SA yesterday reported that retail sales volumes rose 0.4% m/m sa in April after falling by a revised 0.6% in March (previously: -0.7%). Despite the sharp escalation in load shedding in April, the monthly rise in sales volumes was broad-based across retailer types, suggesting that businesses are increasingly finding ways to mitigate power-related disruptions.
Visa Announces Launch of Africa Fintech Accelerator Program
Visa (NYSE: V) today announced the launch of the new Visa Africa Fintech Accelerator program to help enable Africa’s expanding start-up community through expertise, connections, technology, and investment funding. The initiative was introduced by Visa Executive Chairman Alfred F. Kelly Jr. at Bloomberg New Economy Gateway Africa in Marrakech, Morocco. The Visa Africa Fintech Accelerator
Lenovo Grows AI Infrastructure Revenue to Over US$2 Billion and Brings AI to the Data
Today, Lenovo (HKSE: 992) (ADR: LNVGY) announced it has reached a record annual AI infrastructure revenue of over US$2 billion and unveiled the next phase of its growth strategy, with an additional US$1 billion investment over three years to accelerate artificial intelligence (AI) deployment for businesses around the world. Fueled by increased global digitalization and
Why the HUAWEI P60 Pro Ultra Lighting Telephoto Camera is Ranked the No. 1 Smartphone Camera
We all want photography that captures what our eyes see. That’s why smartphone cameras are doing away with sharpening the megapixel resolution of the photography and focusing on improving the overall experience in order to closely replicate what the human eye sees. Take the HUAWEI P60 Pro example, which has developed its smartphone camera holistically