Fluctuating fortunes for IoT deal activity

The Internet of Things (IoT) industry seems to have past the hype as concerns around the security of devices connected through IoT start emerging day by day. This reflects in analysis from data and analytics company GlobalData, which reveals that venture capital (VC)...

SA’s Centbee raises £1m from Ayre Ventures

South African-based Bitcoin company Centbee has closed its Series A round with entrepreneur Calvin Ayre, founder of Antigua-based investment firm Ayre Ventures and CoinGeek. Ayre, who has invested £1-million (R18,3-million), comments: “Centbee has a track record...

Extended voting hours, special votes announced

The Independent Electoral Commission (IEC) has extended voting hours on 27 April 2019 at four foreign missions to accommodate Jewish voters celebrating the Sabbath. Voting will be extended at the following missions: * London – opening at 07h00, closing at 23h30...

Inflation increases in March

Price pressures are on an upward trajectory write Lullu Krugel, chief economist for Strategy& PwC Africa, and Christie Viljoen Strategy& PwC economist in this analysis. Statistics South Africa (StatsSA) reported on 17 April that consumer price inflation...

Land Rover aims to develop next generation of coders

Tomorrow’s engineers are learning to code self-driving vehicles of the future today through the Land Rover 4×4 in Schools programme. Self-driving cars will require an estimated 1-billion lines of computer code – almost 1 000 times more than the 145...

Double-digit growth for flat panels

For the first time in four years, demand for flat panel displays grew double digits at 10,5%, year over year, to 221-million square meters in 2018, according to business information provider IHS Markit. “Although uncertainties about the global economy grew in...