AI set to drive a net increase in jobs by 2030

AI is expected to drive a net increase of 1,7-million jobs by 2030, according to Gartner, which says AI will create more jobs than it eliminates - generating 10,6-million new jobs, while removing 8,9-million jobs worldwide by 2030. “Organisations most advanced in AI...

A familiar face takes the reins at Tarsus

By Mark Davison - After months of speculation, Alviva Holdings – parent company of Tarsus Distribution – has announced a new, permanent CEO for one of South Africa’s oldest and leading distributors. Thibault Dousson, currently director of Lenovo’s Solution and...

European orbiter detects hints of volcanic activity on Mars

New evidence from gas seeping above volcanic rifts suggests Mars is not geologically dead deep inside, but merely sleeping. Fresh fissures along the Alba Mons region hint at active spots under the surface, where gases from inside the planet may be making their way up...

NASA experiments with drones for planetary landings

NASA successfully demonstrated technology designed to help spacecraft autonomously navigate to safe landing sites on the Moon and on other planets. An Alta-X drone equipped with the agency’s Safe and Precise Landing – Integrated Capabilities Evolution (SPLICE)...

BETI in May confirms economy is stagnating

The BankservAfrica Economic Transactions Index (BETI) slipped somewhat in May 2023, showing the third decline in the past four months and confirming the flat growth trend in the economy. "The BETI slipped to an index level of 132,3 in May compared to 132,7 in the...

Inflation declines to 4,1% in September

Statistics South Africa (Stats SA) reported on October 23 that consumer price inflation declined from 4,3% year-on-year (y-o-y) in August to 4.1% y-o-y in September. PwC unpacks the numbers: This was slightly lower than economists' median expectation of 4.2% y-o-y and...

Tech predictions for 2020 and beyond …

The human condition is being challenged as technology creates varied and ever-changing expectations of humans, a scenario that is reflected in Gartner's top strategic predictions for 2020 and beyond. "Technology is changing the notion of what it means to be human,"...

MTN, Ericsson reinforce BSS partnership

MTN has selected Ericsson to digitise its product catalogue management and order management processes, leveraging Ericsson Catalog Manager and Ericsson Order Care. Catalog Manager will enable MTN to digitalize the product lifecycle from offer creation to fulfillment....

Altron delivers solid results

Altron has announced half-year financial results that have seen the group grow revenue from continuing operations by 8% to R8,5-billion, with EBITDA gaining 19% to R803-million. Altron remains on track to achieve its five-year goal of doubling EBITDA by 2021. Headline...

Fit businesses prioritise IT and reap better results

The march to digitalization is so commonplace today that 40% of global CIOs have reached scale for their digital endeavors, more than doubling the proportion of enterprises from 2018, according to Gartner's annual global survey of CIOs. The next challenge CIOs face in...

CEOs need to focus on digital economy impact

As the current decade comes to an end, the digital economy is approaching a critical tipping point. In just a few short years, International Data Corporation (IDC) predicts that half of all GDP worldwide will come from digitally enhanced products, services, and...

Tech innovation key to universal health coverage

Achieving universal health coverage will require innovative new technologies. By Jasson Urbach, an economist and a director at the Free Market Foundation. Discussions at last month's United Nations (UN) General Assembly served as a stark reminder of the danger United...

More finance needed for sustainable energy

Public and private financial institutions are not responding adequately to meet global energy goals as finance, particularly in sub-Saharan Africa, remains drastically below levels needed to deliver universal access. This is according to new Energising Finance...

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