Another record broken as Arctic and Antarctic ice shrink
Arctic sea ice likely reached its annual minimum extent on 19 September 2023, making it the sixth-lowest year in the satellite record, according to researchers at NASA and the National Snow and Ice Data Center (NSIDC). Meanwhile, Antarctic sea ice reached its lowest...
SA insurance industry shows its resilience
The South African non-life insurance industry was heavily impacted by the Kwa-Zulu Natal floods in April 2022, the July 2021 civil unrest, and a hardened global and local reinsurance market - while life insurers have benefited from the normalisation of mortality...
Hacker-for-hire group DeathStalker strikes again
DeathStalker is an advanced persistent threat (APT) actor that is believed to offer hacking-for-hire services to steal sensitive business information from companies in the financial and legal sector. First reported by Kaspersky researchers in August this year, the...
Key takeaways from Black Friday 2020
While pre-Covid-19 e-commerce played on the periphery of retail in South Africa, BankServ figures show online sales surging 62% year-on-year (YoY) on Black Friday as virus-wary South Africans shunned in-store shopping. On the other hand, brick-and-mortar sales figures...
Online fraud rose over Black Friday weekend
There has been a 6,59% rise in suspected online retail fraud coming from South Africa during the start of the 2020 holiday shopping season compared to the same period in 2019. These findings are based on the online retail transactions TransUnion analysed for its...
Top marketing predictions for 2020 and beyond
Gartner's top marketing predictions for 2021 and beyond explore how post-pandemic renewal strategies put marketing on the hook for redefining and reestablishing customer relationships in line with digital's "new normal". "The need for vision, innovation and...
Calling young innovators …
Applications have opened for the Global Young Innovators Programme, a free programme offered to 60 of the best and brightest young innovators and entrepreneurs in South Africa and the UK to come together to tackle some of the world's biggest challenges. Aimed at 18-30...
Blockchain could boost economy as it raises trust
Blockchain technology has the potential to boost global gross domestic product (GDP) by $1,76-trillion over the next decade. That is the key finding of a new PwC report "Time for trust: The trillion-dollar reason to rethink blockchain", which assesses how the...
Millennials prefer bitcoin to gold as a safe-haven
Millennials prefer bitcoin to gold as a safe-haven asset, according to a poll by deVere Group, as the cryptocurrency this week peaked at an all-time high of $19 864. More than two-thirds (67%) of the 700-plus millennial clients surveyed said that they think bitcoin...
Black Friday 2020 spend dropped by more than half
Consumers' pockets were evidently under strain this Black Friday as sales fell behind 2019's figures. The total transaction volumes plunged by -33% and values by -52% year-on-year. Most of the South Africans who splurged used their credit cards. "The usual midnight to...
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