Meta platforms contribute R16.5bn to SA’s economy

Meta platforms contribute R16.5bn to SA’s economy

The Meta-commissioned study highlights the growing role digital platforms play in South Africa’s SME and informal business sectors. Meta’s platforms generated an estimated R16.5 billion in annual economic value for South Africa and are helping nearly one million small businesses operate and grow, according to a new study commissioned by the social media giant. The…

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R16.5bn spike for SA’s cyber security market

R16.5bn spike for SA’s cyber security market

SA’s cyber security services market has been projected to hit R16.5 billion by 2029. South Africa’s cyber security services market is expected to reach R16.5 billion by 2029, with the financial services sector showing strong demand, says BMIT. This comes amid the rise of cyber crime attacks on the local front, which has seen the…

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