Interest rates were hiked by 25 basis points on Thursday, as the Reserve Bank slashed its expectations for growth this year. Three members of the monetary policy committee voted in favour of the 25 basis point hike, while two wanted a 50 basis point increase. A Reuters survey among economists showed that most expected a...
Month: <span>January 2023</span>
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Resilient African Tech ecosystem still Growing with $6.5 Billion raised in 2022 – Report
Partech Africa, the VC fund dedicated to technology startups in Africa, has issued its annual report on Africa Tech Venture Capital. The report, which aims to provide a practical picture of the state of the ecosystem, revealed that despite the global VC downturn, the African tech ecosystem grew faster than all other markets globally. Total...
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Five deep Tech Trends to watch from South African entrepreneurs
Deep tech is described as technology that is based on scientific discovery or meaningful engineering innovation. It is often referred to as problem-solving technology. There is a lot more to it than what we see in the everyday technology industry. According to Boston Consulting Group, 96 percent of deep tech ventures use at least two...
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Meta Inc is building the next WhatsApp with Messenger
Meta founder and CEO Mark Zuckerberg announced the introduction of some of the features that people love in Messenger to end-to-end encrypted chats. Some of these features include chat themes, custom chat emojis and reactions, group profile photos and link previews. “We know people want a space to connect and they want to know that those conversations...
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Support your Supporters – We should support brands that are willing to do business with us, writes Rethabile Mohlala
In 2023 we need to start supporting businesses that are willing to do business with us. If you work at a radio station, you should start buying the brands that buy airtime. If not, what’s the point of supporting you? Media houses are not supposed to struggle, while their staff members consume brands every day, including...
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Spotify lay-offs 600 employees across the group, due to slow growth
The music streaming platform Spotify becomes the latest tech company to cut jobs. The company announced that 600 of the workforce will lose their jobs. What let the move is due to slow growth of the current economic climate. “Like many other leaders, I hoped to sustain the strong tailwinds from the pandemic and believed...
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Amazon Group launches Amazon Air, a freight service air in India
The e-commerc giant Amazon is getting serious about its logistics business, the company launched Amazon Air, a dedicated air cargo fleet in India. Amazon has partnered with Bangaluru cargo airline company Quikjet to launch the Amazon Air business. The investment will help the group to double down its logistics infrustructure ambition. The group sees India...
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Leadership 2020 partners with Yellow Card to offer Crypto lessons for Free
Gone are the days you have to pay to learn or to get an education. With the creator economy, students can learn for free. Leadership 2020 has partnered with Yellow Card, a crypto payment platform to launch and offer the course for free. Both companies are giving back to South African youth through education on...
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OPINION | You’re in control of your life, start taking accountability writes Gary Vee
I’m here to remind you on this Monday evening that you are in control of your life… just you!! Stop letting external factors dictate your path.. stop letting the past dictate your future. It’s time to take the wheel and drive it towards the direction you want to go, and if you don’t know where that...
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CliffCentral is moving from Rivonia to a new location – endings and beginnings
New year, new location, the much loved online media company CliffCentral is moving from Rivonia, Johannesburg to a yet to be revealed location. The station has been broadcasting from Rivonia, 18 Wessel Road, Sandton since inception almost nine years ago. Now, the platform continues with its pioneering spirit and expanding its operations into bigger things. ...