Doris Tshepe, commissioner at the Competition Commission. South Africa’s data prices remain below headline inflation, but still pose a barrier to digital inclusion and economic participation. This is according to the Competition Commission’s (CompCom’s) second Cost of Living (COL) Report, published yesterday. It shows how prices for basic goods and services have changed since 2020,…
African countries may miss out on the transformative benefits of the global artificial intelligence (AI) revolution unless urgent investments are made in critical infrastructure, the United Nations Economic Commission for Africa (ECA) has warned. In a report presented at a meeting of African ministers of finance in Morocco, the ECA said the continent’s more than…
Higher crude prices due to the disruption in the Strait of Hormuz have helped Russia earn more from energy exports. One nation that’s hoping to gain from the United States-Israel war on Iran is Russia, the world’s third largest oil producer. Higher crude prices due to the disruption in the Strait of Hormuz have allowed…
Boston Consulting Group (BCG), which empowers global organisations to grow and build sustainable competitive advantage, has released its latest report, revealing how Africa’s software and applications developer community is scaling fast at 21 per cent annually. The report however said although Africa currently has 4.7 million developers, and competing with regions such as Europe with…
Sub-Saharan Africa’s construction sector is entering a crucial transformational periods. At the centre of this transformation is the Programme for Infrastructure Development in Africa (PIDA), a continent-wide initiative designed to close critical infrastructure gaps by 2040 through more than 400 priority projects spanning energy, transport, ICT, and transboundary water systems. With over $360 billion committed,…
Now, at 30, Pinkham owns a home in the Seattle area and is planning to build an expensive addition. When he and his wife think about having kids, he said child care costs aren’t a major concern, and if he were to lose his job, he’d have enough savings to get by for years. But…
South African businesses are responding to the IT skills crunch with a combination of strategies. (Image created via ChatGPT). South African businesses are increasingly relying on innovative hiring strategies and bootcamp-as-a-benefit models to navigate the country’s persistent technology skills shortage. This is the sentiment shared by industry pundits from training providers and business leaders who…
Despite spending billions on health every year, many African health systems remain underfunded and heavily dependent on external assistance. Then, African leaders adopted the Abuja Declaration, which pledged to allocate at least 15% of their national budgets to health care. Yet, as fiscal spaces tighten and debt burdens grow, a new consensus is emerging: the problem isn’t…
The author, Telviva’s Rob Lith Voice is the most unforgiving channel in business communication. It may seem odd to read that because, as we know, before telephones were invented, everything was face-to-face and involved speech, and then, for most the modern age, a good proportion of business affairs were conducted over the telephone. The internet…
Digital transformation outpaces talent supply, forcing local companies to upskill internally. (Image created via ChatGPT) The South African education system’s inability to sufficiently equip students for a technology-driven economy is among the key factors that have intensified the country’s IT skills crisis. This is the sentiment shared by industry pundits from training providers and business…
