Africa could lose $25bn a year under EU carbon tax
African Development Bank group president Dr Akinwumi Adesina warns that a new EU carbon border tax could significantly constrain Africa's trade and industrialisation progress by penalising value-added exports including steel, cement, iron, aluminium and fertilizers....
SA passes ‘hate speech’ bill
Despite international warnings, the South African parliament has passed new legislation broadly criminalising “hate speech”. The law states that any person who communicates with the intention to “be harmful or to incite harm” and to “promote or propagate hatred” is...
Digital transformation investments to top $6,8trn
The myriad business challenges presented by the Covid-19 pandemic have ensured that the global economy remains firmly on course for its digital destiny, with 65% of the world's GDP set to be digitalised by 2022 and direct digital transformation (DX) investments to...
Protect employees’ mental energy through times of change
The pace of change is wearing down finance teams, so finance leaders must navigate both big and small changes to protect employees' mental energy, according to Gartner. "When employees go through periods of heavy change, particularly as we are experiencing this year...
New cybersecurity threat predictions for 2021
In 2020, we saw many rapid changes on a global scale as organisations across the world attempted to adapt to a new normal caused by the pandemic. FortiGuard Labs unpacks some of the trends we can expect to see in the new year. Amid this shift, there were significant...
Bytes Technology Group announces offer price
Bytes Technology Group in the UK has announced an offer price of 270 pence per share, valuing the company at £646,6-million. The funds raised will buy the company out of the Altron group. Neil Murphy, CEO of Bytes Technology Group, comments: "It gives us great...
How to create an enterprise cloud strategy
As the use of cloud services continues to grow, enterprise architects and infrastructure & operations (I&O) leaders should use seven key elements to create a pragmatic cloud strategy for their organizations, according to Gartner. "A cloud strategy is critical...
Mustek celebrates 10 years with Huawei
Mustek and Huawei have culminated their 10th year of partnership with a gala event to recognise the role of reseller partners in growing the Huawei brand in South Africa. "Over the last 10 years our partners have grown with us," says Mustek CEO David Kan. "Together we...
State of the cigarette market after the ban
Cigarette prices have decreased sharply from their highly inflated levels during the sales ban, but are substantially higher than their pre-lockdown levels. The average retail price of cigarette brands produced by the multinationals is nearly 5% higher than before the...
Telkom, YahClick sign connectivity agreement
Telkom Consumer and YahClick have signed an agreement which enables individual and business consumers to make high quality voice calls and access broadband data packages from anywhere in South Africa using a satellite connection. For Phase 1, Telkom will commence with...
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