Overcoming user security fears key to open banking growth
A new study from Juniper Research has found that global open banking payments transaction values will exceed $330-billion globally by 2027, up from $57-billion in 2023. The report - Open Banking: Opportunities, Competitor Leaderboard & Market Forecasts 2023 - 2027...
Tech helps to ease trucking pressures
High inflation, high fuel prices, slow economic growth and mounting congestion on South Africa's roads is placing significant pressure on the transport and logistics sector. This is the reality in which Justin Manson of Webfleet advises businesses to apply...
Coding in schools not a panacea for 4IR
As with many countries, South Africa is seriously considering including coding into the national curriculum. In fact, earlier this year President Cyril Ramaphosa made it very clear that inclusion will be an objective he intends to see come to fruition during his...
Smart speakers spur automated home devices growth
Global spending on automated home devices is expected to reach $75-billion by 2025, up from $23-billion in 2018, according to GlobalData. The data and analytics company's latest report 'Thematic Research: Automated home', says much of that growth will be driven by two...
President affirms Reserve Bank mandate
President Cyril Ramaphosa has issued a statement clarifying that the role of the South African Reserve Bank (SARB) remains unchanged. However, he stresses that the serious economic challenges facing the country need to be tackled "with a sense of urgency and unity of...
Paxful, Airtm partner in developing markets
Peer-to-peer bitcoin marketplace Paxful has announced a partnership with Airtm, a blockchain peer-to-peer exchange and digital wallet, to enhance the trading experience for people in developing countries. Paxful launched in 2015 with the goal of bringing more...
Nissan investment boosts employment, skills
Nissan is boosting employment in South Africa, with local production of the next-generation Navara poised to create at least 1 200 new jobs in the automotive sector. Nissan's decision to manufacture - for the first time in history - the full model line-up of the...
AR/VR spend set to hit $160bn
Worldwide spending on augmented reality and virtual reality (AR/VR) is forecast to reach $160-billion in 2023, up significantly from the $16,8-billion forecast for 2019. According to the International Data Corporation (IDC) Worldwide Semiannual Augmented and Virtual...
Exports from international tourism hit $1,7trn
Exports generated by international tourism reached $1,7-trillion in 2018, a 4% increase in real terms over the previous year. A new report from the World Tourism Organisation (UNWTO) shows that, for the seventh year in a row, tourism exports grew faster than...
Storage systems revenue declines
Vendor revenue in the worldwide enterprise storage systems market decreased 0,6% year over year to $13,4-billion during the first quarter of 2019 (1Q19). According to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Storage Systems Tracker,...
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