59% of panellists say the property buying boom will last for at least another year 54% say the boom is negatively impacting the rental market 97% say the SARB will hold the repo rate this week South Africa’s property buying boom isn’t going to slow down anytime soon, according to Finder.com’s SARB repo rate forecast […]
Author Archives: Africa Business
Kriya Govender, CEO of PRP Solutions “Digital transformation” has been a hot topic for company executives for a while, but it failed to gain traction in their businesses. However, since the onset of the COVID-19 pandemic last year, momentum has shifted with those still undecided about digital transformation and forced many organizations to accelerate their […]
Leading research and humanitarian agencies have joined forces to harness data and technology in a bid to stop climate shocks resulting in hunger in vulnerable livestock farming communities. The Jameel Observatory for Food Security Early Action is being created to help tackle the growing threat to people in the world’s drylands posed by the increasing […]
By Arjen de Bruin, MD at OIM Consulting The latest figures from Statistics South Africa have revealed that in July 2021, there was a 10.3% year on year increase in mining production, which it has attributed to higher commodity prices and the recovery in the global economy. And while the sector appears to be on […]
Africa’s leading banks including EcoBank, Nedbank, Attijariwafa Bank, United Bank of Africa, Co-operative Bank of Kenya and Banco Mais are tapping into IBM technologies to help advance financial inclusion across the continent IBM today announced that major financial institutions across Africa have selected hybrid cloud and AI capabilities from IBM to unlock digital innovation and continue […]
In 2020, South Africans experienced the most intensive load shedding to date. These crippling power cuts, which amounted to a staggering 856 hours, almost 10% of available hours, cost the economy billions of Rands. Poor performance at several power stations, including Kusile and Tutuka, resulted in a rapid depletion of Eskom’s emergency generation reserves. Furthermore, […]
Ransomware attacks have massively increased since the start of lockdown. Here’s what you need to know to protect your company. When hackers targeted Transnet’s computer systems in late July this year, logistics at major ports ground to a near-halt for the second time in a month (following the protests and looting) as the company was […]
Johannesburg – Today, Ceres Fruit Juices announced the introduction of an initiative aimed at reducing plastic waste and has invited Craig Foster, award winning producer of the documentary: My Octopus Teacher, to participate in a roundtable highlighting the impact of plastic waste on the marine environment. Plastic waste management is a growing concern across the globe, […]
Global Hospitality Management Firm Partners with Africa’s Fastest Growing Local Hotel Chain, CityBlue in Recent Joint Venture Valor Hospitality Partners, a global, full-service hotel management company announced today their recent partnership with CityBlue Hotels, Africa’s fastest growing local hotel chain, owned by The Diar Group. Under a long-term arrangement, the new joint venture, to be called Valor […]
The Covid-19 pandemic brought with it some unexpected benefits for the South African ICT sector, including increased productivity and the potential for employers to reduce their operating costs. This is one of the findings in the first South African ICT Skills Survey to be carried out since the start of the Covid-19 pandemic by Wits […]