Renewed spending in luxury market
The pre-owned luxury market saw an uptick in growth last year fuelled by the surge in "revenge spending" post the Cboid-19 pandemic. Now, as 2023 unfolds - a year defined by economic challenges, sociocultural shifts, higher inflation, and a weakening Rand - the State...
Northern summer 2023 goes down as the hottest on record
The Northern Hemisphere summer of 2023 was Earth's hottest since global records began in 1880, according to scientists at NASA's Goddard Institute of Space Studies (GISS) in New York. The months of June, July, and August combined were 0.41 degrees Fahrenheit (0.23...
Retirees reprioritise spending
Retired South African wealth investors are no longer concerned with purchasing luxury goods, such as holidays or new cars. Focus on investing toward these items has plummeted in recent years, from 28% in 2017 to just 4% today. Instead, 28% of local retirees would now...
Airport security key to regaining passenger trust
With the arrival of 2021 the promise of effective Covid-19 vaccines gives hope to the airline sector. But we need to start to try and rebuild confidence in the safety of air travel now in order to revitalize this badly hit sector. Technology solutions, like...
Altron completes demerger and seperate listing of Bytes Technology Group
Today, Bytes has been admitted to the premium listing segment of the official list of the UK's Financial Conduct Authority, to unconditional trading on the Main Market of the London Stock Exchange, and the Main Board of the Johannesburg Stock Exchange by way of a...
Extent of the SolarWinds hack feared to be widespread
The cyber-attack that hit several US government agencies this week could be much more widespread than previously thought. SolarWinds, the company whose network monitoring software was compromised to launch the attack, has issued a security advisory for all of its...
Hexa-X will lay the groundwork for 6G
Hexa-X, the new European 6G flagship research project, brings together a strong consortium of major ICT, industry and academic stakeholders to lay the groundwork for 6G and set the direction for future research and standardisation focus areas. The project will begin...
Digital economies are best positioned for Covid recovery
Almost one year after the onset of the Covid-19 crisis, the deep economic recession it has triggered continues to have profound economic and social consequences. While no nation has emerged unscathed, this year’s Global Competitiveness Report finds that countries with...
How the Covid-19 pandemic is playing out from space
Economic and social shutdowns in response to the Covid-19 pandemic have led to noticeable changes in Earth’s environment, at least for the short term. NASA researchers are using satellite and ground-based observations to track these impacts on...
Mobile data traffic set for 6,5-times growth in sub-Saharan Africa
Mobile data traffic in Sub-Saharan Africa is estimated to grow by almost 6,5-times the current figures, with total traffic increasing from 0,87EB per month in 2020 to 5,6EB by 2026. Meanwhile, average traffic per smartphone is expected to reach 8,9GB over the forecast...
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