Inflation increases as fuel prices rise

Statistics South Africa (Stats SA) reported on April 21 that consumer price inflation increased from 2,9% y-o-y in February to 3,2% y-o-y in March. Lullu Krugel, chief economist for PwC Strategy& Africa, and Dr Christie Viljoen, PwC Strategy& economist, unpack...

Tecno Mobile tops handset brands in Africa

Chinese smartphone brand Tecno Mobile has been named as the top smartphone brand in Africa. Counterpoint Research’s Market Monitor service announced this week that the Transsion Holdings-owned brand’s successful launch of handset models in the affordable...
Public cloud spend set for major growth in 2021

Public cloud spend set for major growth in 2021

Worldwide end-user spending on public cloud services is forecast to grow 23,1% in 2021 to total $332,3-billion, up from $270-billion in 2020, according to the latest forecast from Gartner. “The events of last year allowed CIOs to overcome any reluctance of...

Fraud attempts in SA on the rise

Since the Covid-19 pandemic began, fraudsters in South Africa are increasing their digital schemes against businesses. In addition, TransUnion’s latest quarterly Global Consumer Pulse Study found that 37% of South African consumers have recently been targeted by...

Cryptomining attacks rocket in 2020

Cryptomining malware accounted for the second-largest corporate network attacks at 21% between 1 January 2020 and 31 December 2020, according to data acquired by cryptocurrency trading simulator Crypto Parrot. Botnet took the pole position during the same period at...

Pandemic drives 370% increase in Zoom revenues

Zoom’s revenues skyrocketed last year as global demand for online meeting solutions soared amid Covid-19 lockdowns. Although the popular video conferencing platform generated impressive revenue through its fiscal year 2021, the year’s final quarter set a...