SARB expected to hold interest rates steady

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) meets again on 21 to 23 July to discuss policy matters. By Lullu Krugel, chief economist for PwC Strategy& Africa, and Dr Christie Viljoen, PwC Strategy& economist The central bank lowered...

Bolt launches new low-cost category

Ride-hailing platform Bolt has launched a new low-cost category called Bolt Go, which aims to be the cheapest ride-hailing service in South Africa. The addition of the new low-cost category, with fares approximately 20% less than regular Bolt rides, is expected to...

Pandemic tempers growth in AR/VR spend, but outlook is positive

Growth in worldwide and European AR/VR spend will decline in 2020 compared to the pre-Covid-19 forecast scenario according to the June release of the International Data Corporation (IDC) Worldwide Augmented Reality (AR) and Virtual Reality (VR) Spending Guide. Marked...

Digital transformation key for legal tech

International Data Corporation (IDC) has published new survey results that explore the current buying trends and preferences for legal technology software within the e-discovery, contract life-cycle management, and enterprise legal management markets. “Legal...

Healthy growth for insurance telematics policies

The number of insurance telematics policies in force on the European market reached 12,8-million in Q4-2019, according to a new research report from Berg Insight. Growing at a compound annual growth rate (CAGR) of 28,2%, this number is expected to reach 44,5-million...

Radical deregulation and liberalisation would lower data prices

The government tends to come up with complex policies that later trips up the same government, causes unnecessary delays, waste and ultimately negative economic consequences and political discontent. By Mpiyakhe Dhlamini, a data science researcher at the Free Market...