Consumers will drive growth of next-gen storage

The global next-generation data storage market will reach $116,69-billion by 2030 – with a projected CAGR of 9,8% from 2024 to 2030 – according to a new report by Grand View Research which says that market growth will be driven chiefly by rising consumer...

Affordability chokes new vehicle sales

With yet another year-on-year decline in new vehicle sales, WesBank says affordability is the biggest factor limiting growth. This view is supported by the TransUnion SA Vehicle Pricing Index that showed that new vehicle prices rose 4,7% for the first quarter of 2024...

Nvidia has an outsize impact on S&P index

Nvidia has significantly boosted the S&P index, contributing 33,73% of its returns this year with its soaring stock price. Stocklytics financial analyst Edith Reads comments: “Nvidia’s significant contribution to the S&P 500’s growth in 2024...

SAWEA welcomes new Ministry of Electricity and Energy

The South African Wind Energy Association (SAWEA) supports the separation of Mineral Resources and Energy into two separate ministries, saying it enables the country to prioritise energy security with a special focus on electricity. Through a concerted effort in...
Malatsi takes on Communications and Digital Technologies portfolio

Malatsi takes on Communications and Digital Technologies portfolio

Mmoba Solomon “Solly” Malatsi has been appointed as Minister of Communications and Digital Technologies. He is one of the new ministers appointed by President Cyril Ramaphosa, who last night announced his new cabinet. His predecessor in the post, Mondli Gungubele,...
Cost-effective sustainable IT initiatives are underutilised

Cost-effective sustainable IT initiatives are underutilised

Some of the most cost-effective sustainable IT initiatives currently have a lower than 30% adoption rate by organisations, according to a new survey by Gartner. “Sustainable IT progress is underway at a solid pace,” says Kristin Moyer, distinguished vice-president...