Take-home pay, private pensions slowed in October
After three consecutive months of increases, the BankservAfrica Take-home Pay Index (BTPI), which measures the average nominal take-home pay among about 4-million salary earners in South Africa, showed a slight downturn. “The nominal average take-home pay was R15 535...
Enterprise IT budgets are on the increase
Omdia's 10th annual IT Enterprise Insights study has revealed that IT has become one of the main drivers of value to an enterprise, with almost three-quarters (74%) of respondents confirming increases to their overall budget allocated to enterprise IT in 2023 compared...
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...
Enabling policies awaited after 4IR report
The Presidential Commission Report on the 4th Industrial Revolution makes several strategic recommendations, but it needs to be followed by agile policy and regulation, writes Ziyanda Ngcobo, senior associate at Webber Wentzel. The Presidential Commission on the 4th...
More security sought as web conferencing soars
Months into the Covid-19 pandemic, 81% of businesses are using business chat apps such as Slack and Microsoft Teams in 2020, a significant increase from 67% in 2019. This is among the findings of a Spiceworks Ziff Davis research study, Workplace Communications Trends...
As travel restrictions ease, global gap remains
The number of destinations closed to international tourism has continued to fall. According to the eighth edition of the UNWTO Travel Restrictions Report, 70% of all global destinations have eased restrictions on travel introduced in response to the Covid-19 pandemic....
One in 10 businesses sell your personal data
Customer data is a valuable commodity to businesses, which they use to improve and market their products. However, some companies profit from selling your data to other businesses. According to data presented by the Atlas VPN team, one in 10 businesses globally sell...
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