Bizcommunity.com Google wants to, once again, redefine the landscape of internet search. Only this time the search giant is starting at a deficit with its unlikely biggest competitor – Microsoft’s Bing – leading the search with generative AI charge. Google’s response after a couple of false starts with Bard is an experimental version of its…
Reuters News South Africa’s manufacturing output fell 4.3% year on year in September after rising by a revised 1.5% in August, statistics agency data showed on Thursday. Factory production was down 0.5% month on month in September, after rising by a revised 0.4% in August.
Bizcommunity.com In a move to further boost the tourism sector, South Africa has sent a formidable delegation to the World Travel Market (WTM) London, taking place from 6 November 2023. Spearheaded by Tourism Minister Patricia De Lille, the South African contingent comprises 27 exhibitors representing the country’s diverse tourism offerings. The delegation, encompassing provincial tourism…
Bizcommunity.com The Intercare Group has introduced innovative online healthcare services, uniquely integrating these with its established physical network of world-class primary care facilities. Intercare has launched a unique online healthcare offering, fully integrated with its existing physical network of world-class primary care facilities. By offering on-demand, cost-effective care from anywhere, these services address many of…
Bizcommunity.com Minit Money’s blockchain-based remittance app opens a Southern Africa corridor, allowing South Africa-based Zambians to send money home efficiently.Speaking from the Africa Fintech Summit in Lusaka, Zambia Minit Money co-founder and chief executive officer, Angus Brown said, “We’re delighted to announce the launch of Minit Money’s ability to serve the Zambian diaspora community in…
Bizcommunity.com It is rather unfortunate that fiscal policy in South Africa only gets attention twice a year — around the time of the Budget Review and the Medium-Term Budget Policy Statement (MTBPS) — as it has such profound implications for the bond market in particular, and the country at large.Nevertheless, we hope to share some…
Reuters News Zambia’s central bank said on Monday it would from next week raise the minimum amount of local and foreign currency deposits that commercial banks must keep with the state lender in a bid to curb the depreciation of the local kwacha currency. The minimum statutory reserve ratio on both local and foreign currency…
Bizcommunity.com South Africa is accelerating plans for 3GW of gas-fired power generation to help to plug an energy deficit that is hurting the economy, electricity minister Kgosientsho Ramakgopa said in a press briefing on Sunday.Africa’s most developed economy is facing daily power cuts because of regular breakdowns at state power utility Eskom’s ageing coal-fired plants,…
Reuters News The South African rand was little changed in early trade on Monday against a weaker dollar as recent U.S. economic data fuelled expectations that the Federal Reserve is done hiking interest rates. At 0530 GMT, the rand traded at 18.2525 against the dollar , near the Friday close of 18.2575. The rand has…
Bizcommunity.com A new report by the World Travel & Tourism Council (WTTC) says that Africa’s travel and tourism sector could grow by $168 billion and create over 18 million new jobs in the next 10 years. The report, titled “Unlocking Opportunities for Travel & Tourism Growth in Africa,” says that this growth is possible if…
