Smart speakers spur automated home devices growth

Global spending on automated home devices is expected to reach $75-billion by 2025, up from $23-billion in 2018, according to GlobalData. The data and analytics company’s latest report ‘Thematic Research: Automated home’, says much of that growth...

President affirms Reserve Bank mandate

President Cyril Ramaphosa has issued a statement clarifying that the role of the South African Reserve Bank (SARB) remains unchanged. However, he stresses that the serious economic challenges facing the country need to be tackled “with a sense of urgency and...

Paxful, Airtm partner in developing markets

Peer-to-peer bitcoin marketplace Paxful has announced a partnership with Airtm, a blockchain peer-to-peer exchange and digital wallet, to enhance the trading experience for people in developing countries. Paxful launched in 2015 with the goal of bringing more...

Nissan investment boosts employment, skills

Nissan is boosting employment in South Africa, with local production of the next-generation Navara poised to create at least 1 200 new jobs in the automotive sector. Nissan’s decision to manufacture – for the first time in history – the full model...

AR/VR spend set to hit $160bn

Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to reach $160-billion in 2023, up significantly from the $16,8-billion forecast for 2019. According to the International Data Corporation (IDC) Worldwide Semiannual Augmented and Virtual...

Exports from international tourism hit $1,7trn

Exports generated by international tourism reached $1,7-trillion in 2018, a 4% increase in real terms over the previous year. A new report from the World Tourism Organisation (UNWTO) shows that, for the seventh year in a row, tourism exports grew faster than...