The world faces low growth, high costs of living, increasing geopolitical fragmentation, widening inequality and the growing effects of the climate and nature crises, as well as the continuing repercussions of the pandemic on industry, society and trust. These...

BMW Group South Africa has announced a R4,2-billion investment in the electrification of its Rosslyn Plant. From 2024, BMW Group Plant Rosslyn will produce the BMW X3 as a plug-in hybrid to export it to the world. With this investment in electrification and...

As the phases of the Covid-19 pandemic progress, business leaders must reset their strategy and build resilience, according to Gartner, Inc. It is crucial for senior leaders to make strategic decisions that will lead them to a renewed future state. Gartner refers to...

The new Versatile Video Coding (VVC) standard advances the state of the art of video compression and has unprecedented application versatility. It has the flexibility to enable emerging applications such as 360-degree omnidirectional immersive multimedia, remote...

The South African Reserve Bank (SARB) Monetary Policy Committee (MPC) meets again on 21 to 23 July to discuss policy matters. By Lullu Krugel, chief economist for PwC Strategy& Africa, and Dr Christie Viljoen, PwC Strategy& economist The central bank lowered...

Ride-hailing platform Bolt has launched a new low-cost category called Bolt Go, which aims to be the cheapest ride-hailing service in South Africa. The addition of the new low-cost category, with fares approximately 20% less than regular Bolt rides, is expected to...

Growth in worldwide and European AR/VR spend will decline in 2020 compared to the pre-Covid-19 forecast scenario according to the June release of the International Data Corporation (IDC) Worldwide Augmented Reality (AR) and Virtual Reality (VR) Spending Guide. Marked...

International Data Corporation (IDC) has published new survey results that explore the current buying trends and preferences for legal technology software within the e-discovery, contract life-cycle management, and enterprise legal management markets. "Legal...

The number of insurance telematics policies in force on the European market reached 12,8-million in Q4-2019, according to a new research report from Berg Insight. Growing at a compound annual growth rate (CAGR) of 28,2%, this number is expected to reach 44,5-million...

The government tends to come up with complex policies that later trips up the same government, causes unnecessary delays, waste and ultimately negative economic consequences and political discontent. By Mpiyakhe Dhlamini, a data science researcher at the Free Market...