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WEBSA consumers still under the whip. Oct 7, 2024. Global consumers are expected to spend $3,2-trillion more in 2025, representing nearly 6% growth compared to 2024, according to World Data Lab. In South Africa, there are signs of growing consumer confidence and resilience, even with rising food and utility prices...
Digital platforms could add R91,4bn to SA economy - IT-Online
WEBAug 27, 2024. Kathy Gibson reports – The digital platform economy could be a game-changer for South Africa, potentially adding R91,4-billion to the economy by 2035. This growth would see the sector’s contribution expand from 0,02% of GDP in 2022 to a meaningful 1,38% by 2035. These are among the findings of a new research report from ...
Strong growth forecast for IT services - IT-Online
WEB2 days ago · Strong growth forecast for IT services. Oct 10, 2024. The global IT services market is expected to reach $2,59-trillion by 2030, according to a new report by Grand View Research, which says it is anticipated to grow at a CAGR of 9,5% from 2024 to 2030. Increasing concerns regarding data security and privacy protection drive …
Shaping the future of SA's ICT sector - IT-Online
WEBJul 9, 2024. South Africa’s ICT sector is poised for significant growth and innovation, driven by a powerful force: our youth. With approximately 54% of tech professionals in the country under the age of 35, we face a critical strategic question. By Morwesi Ramphenyane, chief administration officer at Openserve.
Brace for the impact of a cybersecurity storm - IT-Online
WEB3 days ago · In South Africa, the average cost of a cyber breach has risen to approximately R49-million, reflecting an 8% increase from the previous year. Beyond direct costs such as remediation, legal fees, and system repairs, businesses also face indirect costs, including reputational damage and loss of customer trust. A recent report indicated that 82% ...
Financial inclusion demands better digital safety - IT-Online
WEB2 days ago · Digital fraud cost South African consumers more than R740-million in 2022 alone, highlighting an urgent need for stronger digital safety measures to ensure true financial inclusion. And, as digital payments grow in popularity, so does the threat of fraud. The Southern African Fraud Prevention Service (SAFPS) says that fraud increased by 600% between 2018 and […]
DigiSkills gives South Africans access to online training
WEBOct 8, 2021 · Nedbank has launched the Nedbank DigiSkills online platform, in partnership with Microsoft and Afrika Tikkun, to help South Africans acquire the in-demand skills needed in a more digital post Covid-19 economy. The initiative initially aims to upskill and create sustainable income opportunities for 1 000 South Africans by …
Home-grown software expertise provides a strategic edge
WEB3 days ago · The global tech sector is in constant flux, but developing software locally still offers businesses a host of advantages they can’t get anywhere else, writes Greg Vercellotti, executive director at Dariel Software. A persistent shortage of ICT skills has long been a concern in South Africa, with some reports suggesting little to …
Bridging the digital divide in SA - IT-Online
WEBFeb 15, 2024. In the diverse and dynamic landscape of South Africa, the digital divide is a glaring challenge impeding the progress of educational equity and societal advancement. This divide not only separates communities based on their access to technology but also impacts their ability to develop vital 21st-century skills.
Harnessing 5G for SA: benefits and challenges - IT-Online
WEBSep 15, 2021 · One of the greatest challenges is that 5G requires fibre of sufficient capacity to deliver the advertised throughput to users’ premises. Frequency wavelength also plays a role in reach (the distance covered), speed and capacity. There are also some caveats to fully achieving the lower latency 5G offers, even though improvements over older ...