Hardcopy peripherals shipments dip in Q3
The global hardcopy peripherals market recorded 19.5 million units shipped in the third quarter of 2023 (3Q23), down 7,9% compared to the third quarter of 2022. The decline was caused by sluggish consumer demand and a pessimistic economic outlook, according to new...
MD cuts tenure at SITA short
Just nine months into his five-year contract as MD of the State IT Agency (SITA), Dr Bongani Mabaso is stepping down. Dr Mabaso joined Sita on 1 April 2023, on a fixed-term contract for five years. In a statement today (8 December), SITA says he has decided to pursue...
Key takeaways from Black Friday 2020
While pre-Covid-19 e-commerce played on the periphery of retail in South Africa, BankServ figures show online sales surging 62% year-on-year (YoY) on Black Friday as virus-wary South Africans shunned in-store shopping. On the other hand, brick-and-mortar sales figures...
Online fraud rose over Black Friday weekend
There has been a 6,59% rise in suspected online retail fraud coming from South Africa during the start of the 2020 holiday shopping season compared to the same period in 2019. These findings are based on the online retail transactions TransUnion analysed for its...
Top marketing predictions for 2020 and beyond
Gartner's top marketing predictions for 2021 and beyond explore how post-pandemic renewal strategies put marketing on the hook for redefining and reestablishing customer relationships in line with digital's "new normal". "The need for vision, innovation and...
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...
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