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Five forces triggering Wall Street’s $3trn tech crash

There are five main triggers behind the $3-trillion tech crash that tore through Wall Street on Thursday, according to Nigel Green, CEO of deVere Group. His comments come as the Nasdaq plunged 5.5% in its most brutal session since April 2025, slamming into correction...

Beyond AGOA: Building a more resilient export strategy

The prospect of South Africa losing its benefits under the African Growth and Opportunity Act (AGOA) understandably raises concerns, writes Meluleki Nzimande, partner at Webber Wentzel. Preferential access matters, particularly where exporters operate on tight...

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)...

Strategic workforce planning in the AI era

By 2029, 30% of employees who were terminated and replaced by AI will be rehired, often at a higher cost, as organisations struggle to align workforce decisions with evolving business needs, according to Gartner. At the research group’s recent HR Symposium/Xpo,...

Consumers will drive growth of next-gen storage

The global next-generation data storage market will reach $116,69-billion by 2030 - with a projected CAGR of 9,8% from 2024 to 2030 - according to a new report by Grand View Research which says that market growth will be driven chiefly by rising consumer needs for...

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Affordability chokes new vehicle sales

With yet another year-on-year decline in new vehicle sales, WesBank says affordability is the biggest factor limiting growth. This view is supported by the TransUnion SA Vehicle Pricing Index that showed that new vehicle prices rose 4,7% for the first quarter of 2024...

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Nvidia has an outsize impact on S&P index

Nvidia has significantly boosted the S&P index, contributing 33,73% of its returns this year with its soaring stock price. Stocklytics financial analyst Edith Reads comments: "Nvidia's significant contribution to the S&P 500's growth in 2024 highlights its...

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New MD for Obscure Technologies

New MD for Obscure Technologies

Obscure Technologies has announced the appointment of Francois van Hirtum, previously chief technology officer and a founding member of the company, to the position of MD with immediate effect. "Obscure Technologies has enjoyed exponential growth since its...

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