Cellular IoT connections to reach 5,4bn in 2030
The cellular IoT ecosystem is poised for significant transformation over the next seven years, driven by the rise of 5G technologies, according to new research from Omdia. With a predominant focus on 5G RedCap, 5G Massive IoT, and 4G LTE Cat-1bis modules, the...
AI set to revolutionise retail
South African retailers are likely to ramp up their investment in automation and artificial intelligence (AI) in 2024 as they look for new ways to drive innovation and outsmart their competitors. This aligns with global trends which, according to research from...
The story behind SA’s unemployment stats
Statistics South Africa (Stats SA) reported on February 23 that employment in South Africa increased by 333 000 in the fourth quarter of 2020. The data indicated that after the country lost 2,2-million jobs in 2020Q2, some 876 000 individuals returned to work or found...
A pre-budget wish list
Averting a prolonged crisis in a South African economy already fragile before the outbreak of Covid-19 will require fiscal relief more directly targeted at individuals, small businesses and local governments, along with greater macro-economic policy coordination, in...
Unemployment reaches record level
South Africa’s unemployment rate of 32,5% is the highest since 2008, with the number of unemployed people increasing by 701 000 to 7,2-million in the fourth quarter of 2020, compared to the third quarter of 2020. This is according to the Quarterly Labour Force Survey...
Maths, science passes down for matric class of 2020
South Africa's 2020 matric cohort recorded a 1,1 percentage point decline from 2019 - but the drop in absolute mathematics and physical science passes over five years has been more pronounced. Percentages hide the fact that the number of matric passes in these two...
5% drop in global smartphone sales
Global sales of smartphones to end users declined 5,4% in the fourth quarter of 2020, according to Gartner. Smartphone sales declined 12,5% in full year 2020. "The sales of more 5G smartphones and lower-to-mid-tier smartphones minimised the market decline in the...
Research confirms music is a must for young drivers
A new study by Ben-Gurion University of the Negev (BGU) researchers resulted in a nearly unanimous response: driving is "absolutely impossible" without music. "To young drivers 18-29 years old, music in the car isn't just entertainment, it's part of their autosphere...
Surge in bitcoin addresses holding $1m or more
The current bitcoin wave has attracted more millionaires as the asset continues to surge. Data from Finbold indicates that at least 109 952 addresses each have a bitcoin balance of about $1-million as of February 22, 2021. About 9 200 of the addresses each have a...
Mustek updates trading statement
Mustek has issued an updated trading statement for the six months ended 31 December 2020, following the earlier announcement that headline earnings per share and basic earnings per share were expected to be at least 135% higher than the corresponding period last year....
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