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Defensive stampede risks turning ‘safe’ stocks into the next bubble

A record rush into defensive stocks risks turning “safe” stocks into the next bubble. This is the warning from Nigel Green, CEO of deVere Group, as global consumer staples stocks post their best month since 1998, soaring 10,6% in October, while global healthcare jumps...

What the fastest-growing resellers do differently

Kathy Gibson reports from Sage Future for Partners in Amsterdam –  Resellers that are winning in the AI age are those that use the technology to make their service proposition more compelling for customers. Jordaan Burger, MD of Sage South Africa, believes that a...

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...

Economic activity strained in October 2026, but worst may be over 

South Africa's economic activity remained under pressure in October 2026, as rising fuel prices continued to weigh on businesses and households. However, easing international oil prices could bring some much-needed relief towards year-end, according to the latest...

Tech industry most geopoliticised in the world

The global supply chains organised to optimise profit and speed - which shaped international trade and delivered benefits to both producers and consumers for two decades under globalisation - have now been twisted out of shape, with the global economy facing...

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Asset tokenisation to drive blockchain revenue boom

The blockchain industry, although volatile and nascent, has made significant progress in a short span of time, driven by remarkable innovation. Global blockchain platform and services revenue is set to grow from $12-billion in 2023 to $291-billion in 2030. This growth...

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Wearables set for rebound

The wearable devices market declined 0,9% YoY in the fourth quarter of 2023 (4Q23), says IDC, adding that despite improved economic conditions, mature markets such as the US, Western Europe and Japan recorded declines in 4Q23 due to muted demand, tough comparisons...

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Microsoft boosts AI healthcare market

Microsoft's recent announcement that it will be further integrating artificial intelligence (AI) into its applications is expected to contribute significantly to the 31% CAGR in the AI healthcare space between 2022 and 2027, says research group GlobalData. In the last...

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Strong momentum for security spend in Europe

European security spending will grow by 12,3% in 2024, marking another year of strong momentum with double-digit growth, according to IDC's Worldwide Security Spending Guide. Spending in the region is expected to increase at a steady pace throughout the whole 2022 to...

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Illegal cigarettes cost SA billions

South Africa has been losing billions of rands on illegal cigarettes - more than R100-billion since 2010. New research from University of Cape Town (UCT) academics Dr Nicole Vellios and Professor Corné van Walbeek says that in 2022 alone, the government lost...

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