META ICT spend to top $238bn in 2024
Overall spending on information and communications technology (ICT) across the Middle East, Türkiye, and Africa (META) will top $238-billion this year - an increase of 4,5% over 2023 - according to the latest predictions from International Data Corporation (IDC). The...
$10bn slump expected in IT devices
After reaching a record $730-billion in sales revenue in 2021, the global demand for IT devices including desktop PCs, laptops, tablets, and smartphones has been shifting back and forth - and although the market significantly recovered after a massive 2022 sales...
Massive growth in cyberattacks during pandemic
There's been a 48% surge in cyberattack volumes globally, since March 2020, with sudden increases in cyberattack volumes corresponding to spikes in Covid-19 infection rates in April and October. In sub-Saharan Africa there was a 41% increase in cyberattacks from 2019...
Covid-19 drives mobile money uptake
The GSMA's annual "State of the Industry Report on Mobile Money" reveals a dramatic acceleration in mobile transactions during the Covid-19 pandemic as lockdown restrictions limited access to cash and financial institutions. The report found that the number of...
Inflation declines in February
Statistics South Africa (Stats SA) reported on 24 March that consumer price inflation declined from 3,2% y-o-y in January 2021 to 2,9% y-o-y in February. The latest reading was slightly below expectations (3% y-o-y) and the lowest reading in eight months, according to...
Zoom anxiety and how to deal with it
During the Covid-19 pandemic and lockdowns, working from home has taken off, with remote communications taking the place of physical meetings - and this has given rise to a condition that has come to be knows as Zoom anxiety. The widespread adoption of video calling...
Take-home pay bounces back in February 2021
are likely to see a pick-up in monthly economic activity, particularly for informal businesses. "According to the BankservAfrica Take-home Pay Index (BTPI), the average South African salary in nominal terms increased to R15 821 in February 2021, following the R15 608...
Economic environment in 2020 drove fewer credit defaults
The rate at which people defaulted on their loans fell at the end of last year, primarily due to a combination of the impact of payment holidays and lenders tightening their criteria. This is according to Experian's Consumer Default Index (CDI) for quarter 4 (Q4)...
Growth forecast for social software, collaboration markets
The worldwide social software and collaboration market is forecast to total $4,5-billion in 2021, an increase of 17,1% from 2020, according to the latest forecast by Gartner. The need to support remote work during Covid-19, as well as social software integrations...
South African users have poor cybersecurity skills
South Africans lag behind the rest of the world when it comes to cybersecurity skills. New research shows that South Africans have slightly better skills when it comes to knowing how to react to online threats and phishing attacks. They scored 78.6 points out of 100,...
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