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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...

R2,2bn shopping boost expected this Easter

Easter shopping season is expected to signal the start of a turnaround for retail in South Africa, according to a mixed method research study conducted on behalf of Capital Connect. The research forecasts that the total retail sector will benefit from a R2,219-billion...

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Internet shutdowns cost the world economy $50bn

Last year, almost 750-million people worldwide were affected by government-caused Internet blockages and shutdowns. By controlling, partially blocking, or even going into full internet blackouts, governments not only cut people off from information but also caused...

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Intel gets $8,5bn direct funding under CHIPS Act

Intel gets $8,5bn direct funding under CHIPS Act

Intel and the US Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8,5-billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act. CHIPS Act funding aims to increase US...

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Data, fintech services key for MTN

MTN has reported that group service revenue grew by 6,9% (13,5% in constant currency after accounting for the impact of the pro forma adjustments) for the year ended 31 December 2023, to R210,1-billin (2022: R196,5-billion). EBITDA (before once-off items) was down by...

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Vertiv joins the Nvidia partner network

Vertiv joins the Nvidia partner network

Vertiv is now a solution advisor: consultant partner in the Nvidia Partner Network (NPN), providing wider access to Vertiv's experience and full portfolio of power and cooling solutions. NPN is a global program for technology partners who offer solutions built on or...

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