Q2 GDP data confirms deep lockdown recession

Statistics South Africa (StatsSA) reported yesterday (8 September) that the South African economy contracted by 51% quarter on quarter (q-o-q) in the second quarter of 2020 due to the national lockdown. Lullu Krugel, chief economist for PwC Strategy Africa, and Dr...

Now HCI means so much more

Kathy Gibson reports – Nutanix has repurposed the acronym HCI. To the rest of the world the letters stand for hyperconverged infrastructure, but to Nutanix they will henceforth describe hybrid cloud infrastructure instead. Dheeraj Pandey, outgoing CEO of...

Nutanix CEO and co-founder to step down

Nutanix CEO Dheeraj Pandey is retiring from the company he founded 11 years ago and built in a $1,6-billion organisation. Pandey landed in the US with $900.00 to his name before forming the hybrid cloud software and services company. “Co-founding and leading Nutanix...
Environment comes under the spotlight during Covid

Environment comes under the spotlight during Covid

While scientists around the world are confined to their homes during the Covid-19 pandemic, Earth observing satellites continue to orbit and send back images that reveal connections between the pandemic and the environment. “Satellites collect data all the time and...

GDP plunged 51% in Q2

South Africa’s gross domestic product (GDP) decreased by 51% in the second quarter of 2020 as a result of the Covid-19 lockdown restrictions imposed from the end of March 2020. This was the fourth consecutive decline in quarterly GDP since the second quarter of...

Mobile payments could unlock new business for banks

Banks in Africa must provide mobile payments and other digital services to remain competitive as well as to unlock new business opportunities across sectors such as energy, health care, education and transportation. This is according to a new report by Boston...