As African CEOs embrace AI, ROI is still elusive

By Kathy Gibson - African companies are in the middle of learning and adopting artificial intelligence (AI), and adapting to the changes it brings. But they are also looking beyond adoption at how to measure value from their AI investments, says Ladi Asuni, partner...

Africa moves from AI ambition to action

AI has moved from potential to proven economic value and while ambition setting is near universal across economies, execution speed is the differentiator, according to Boston Consulting Group’s The AI Maturity Matrix 2026: AI Is Transforming How Economies Develop and...

The shocking reality facing jobseekers

Of the 867 706 people who registered looking for entry-level work in retail, restaurants and quick-service outlets over a 13-month period, just 6 566 were appointed - approximately one in every 132 – and between them, they sent nearly five million applications. The...

Spatial data maps where Super El Niño will hit SA hardest

The South African Weather Service gave the clearest sign yet on 1 September: this El Niño is on course to become the strongest event in living memory, with sea surface temperatures already tracking past 3°C above normal. A national outlook can't say which town or...

New MD for Altron Nexus

Altron has announced the appointment of Kennedy Chinganya as MD of Altron Nexus, with effect from 1 September, 2021. He succeeds Mark Harris, who will handle special projects until end of November 2021. Chinganya joined Altron Rest of Africa in August 2018 as the...

New Covid variants delay workplace reopening

A Gartner poll reveals that 66% of organizations are delaying reopening their offices due to new Covid-19 variants. “Leaders have been determining if and how to mandate employee COVID-19 vaccinations for the last several months, and the FDA’s full approval of the...

Server virtualisation set to peak in 2016

The worldwide x86 server virtualisation market is expected to reach $5,6-billion in 2016, an increase of 5,7% from 2015, according to Gartner. Despite the overall market increase, new software licenses have declined for the first time since this market became...

Spam levels drop, but malice is up

The latest Kaspersky Lab Spam and Phishing Report has discovered that although the quantity of spam emails has been decreasing, they have become more criminalised. At the same time, the level of malicious mailshots has dramatically increased. Kaspersky Lab products...

A brighter future for African power

The expansion of generation and transmission capacity, and the rapid adoption of renewables such as solar, promise economic benefits and improved quality of life across Africa, power sector stakeholders have heard. At a stakeholders’ briefing held in Sandton this week...

Community buy-in vital for infrastructure projects

Local communities must be involved in infrastructure development at every step of the way. This is according to Cyril Ramaphosa, deputy-president of South Africa, who says infrastructure is for the betterment of people’s lives and is important that they feel a sense...

Africa’s economic growth still constrained

Economic growth across the region is likely to remain slower in coming years than it has been over the past 10 to15 years. The International Monetary Fund’s (IMF) baseline projection for 2016 is now down to 3%, from what was a forecasted 6,1% in April 2015. The main...

Global, domestic factors drive SA equity volatility

South African equity markets are currently undergoing the highest level of volatility on record, driven by global growth factors, domestic policy issues and uncertainty about the Chinese economy. This is according to Head of Old Mutual Investment Group’s Macro...

Youth key to African success

Africa’s future lies in the hands of its youthful population. But, while the region’s start-up businesses are gaining confidence and scale with a growing number of innovations achieving recognition beyond the region’s borders, much more must be done to create an...

Africa can up competitiveness

A new action agenda to help African economies improve their economic competitiveness has been published by the World Economic Forum, the African Development Bank, OECD and the World Bank. The agenda comes at a time when shocks such as low commodity prices and a strong...

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