BI, analytics to reach $18bn this year

Global revenue in the business intelligence (BI) and analytics software market is forecast to reach $18,3-billion in 2017, an increase of 7,3% from 2016, according to the latest forecast from Gartner. By the end of 2020, the market is forecast to grow to...

Use tax-free benefits to ease possible tax rise

Consumers are encouraged to use tax free savings vehicles to ease the possibility of increased tax burdens after the 2017 National Budget Speech. Consumers have until 28 February 2017 to make use of their R30 000 maximum tax free allocation for the current tax year....

Middle East to increase defence spending

Middle East defence budgets will return to growth in 2017 as the region increases its drive to acquire new military capabilities, according to new analysis released today by IHS Markit. “Defence procurement activity is starting to pick up in the Middle East...

Still no clarity on social grant payouts

By Friday (17 February), the Department of Social Development (DSD) and the South African Social Security Agency (SASSA) had failed to file papers with the Constitutional Court to bring some clarity to the extension of a contract to pay social security grants. Sassa...

Failed loyalty programmes cost billions

Organisations are wasting billions each year on customer loyalty programs that don’t work like they used to, according to new research from Accenture Strategy. With millions of loyalty points sitting dormant and the majority of South African consumers (79%) retracting...

IoT.nxt raises R100m for global expansion

South African company IoT.nxt is making waves in global markets, and has secured a further R100-million from its dedicated investor and funding partner Talent Holdings to facilitate expansion. This is the word from IoT.nxt CEO, Nico Steyn, after speaking, exhibiting...