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Reimagining Hospitality How BlackBrick Business Group Plans to Navigate the 2024 Festive Season
As the 2024 festive season approaches, businesses across the hospitality sector are bracing for one of the busiest and most challenging periods of the year. For BlackBrick Business Group, this season represents more than just an uptick in bookings—it’s an opportunity to reaffirm its position as an innovator in urban living and hospitality. With a
Black Friday Week- Revenue and Volume Tracker – Day-2 Update
Day2 of the Black Friday week, presented a complete turn-around from Day1, with both value and volume of sales up compared to 2023, according to the Ecentric Black Friday Dashboard. The average sales per hour were slightly lower than Monday with the highest being in the 184 000 transactions per hour that occurred between the lunch
Bolt Drives Literacy with Mobility Alphabet Campaign on World Children's Day
In recognition of World Children's Day and its 2024 theme, "For every child, every right," Bolt, a leading ride-hailing platform, recently announced the launch of its Mobility Alphabet Campaign at the Heart of Hope Children's Home. This initiative aims to transform daily commutes into learning opportunities while on Bolt trips, encouraging a love for reading
Uber Economic Impact Report 2024 reveals Staggering Statistics
Johannesburg 27 November 2024: Business Tech Africa attended the inaugural Uber Economic Impact report 2024 release for the 2023 Year period and unpacks some of the key findings for our readers. Employment trends globally are moving increasingly towards a large gig-economy world where people are involved in multiple jobs or business endeavours at once with
Axis Communications announces ARTPEC-9 SoC, featuring superior performance
Axis Communications, the global leader in security and network surveillance technologies, has announced the 9th generation of its purpose-built system-on-chip (SoC). ARTPEC-9 builds on and refines the capabilities and features of previous generations of the company’s in-house designed SoC, including exceptionally low bitrate, AI-powered analytics, quality imaging, and enhanced cybersecurity. In a first for network
Breaking News today – Wednesday 27 November 2024
Business & Tech News US FED – Rate Cuts Caution: With inflation still elevated in the US, Federal Reserve officials have expressed caution at their last policy meeting about cutting interest rates too quickly. Analysts believe that even should inflation continue to declinine to the Fed’s 2% target, it would likely be a gradual lowering of interest
ICANN Launches Program to Empower Underserved Communities in Creating New Internet Domains
The Internet Corporation for Assigned Names and Numbers (ICANN), the non-profit organization responsible for coordinating the Domain Name System (DNS), is launching a program to help underserved communities play a bigger role in shaping the internet's future. This initiative, the Applicant Support Program (ASP), is part of the New Generic Top-Level Domains (gTLD) Program: Next
Red Hat Enterprise Linux AI Brings Greater Generative AI Choice to Microsoft Azure
Red Hat, Inc., the world's leading provider of open source solutions, today announced an extended collaboration with Microsoft to streamline and scale artificial intelligence (AI) and generative AI (gen AI) deployments in the cloud. With this collaboration, Red Hat Enterprise Linux AI (RHEL AI) will be available on Azure Marketplace as an optimised and validated
Frasers Group Acquires South African Sporting Retail Group – Holdsport
November 26, 2024 – Global retail group Frasers Group, today announced the conclusion of an agreement for the acquisition of South Africa’s leading sporting, outdoor and recreation goods company, Holdsport Group (“Holdsport”) from Old Mutual Private Equity (“OMPE”) and Holdsport’s management. Holdsport is a diversified business operating across retail, wholesale, manufacturing, distribution, and e-commerce, focused on
Automation is the future of printing
Automation tends to excite people because it is seen as the answer to many problems or the source of many others. The local printing industry tends to be wary of automation but if it is approached with a clear plan, it can be a rising tide that lifts all boats Business Tech Africa Spoke to
The Pursuit Health Tourism Transforming Health Tourism Through Advanced Technology
The Pursuit – Health Tourism is redefining the health tourism industry by seamlessly integrating cutting-edge technology with personalized pre- and post-surgical care. As the demand for health tourism continues to rise, The Pursuit has emerged as a trailblazer, offering innovative solutions that elevate the patient experience while ensuring top-tier medical care. At the heart of
Black Friday Tracker Provides Sales Data insights
Business Tech Africa will be providing a daily update on Black Friday Sales volumes and values up until next week Tuesday after the Tech Monday Sales Sales on the first day of “Black Friday Week” started off a bit subdued yesterday (25 Nov), with live stats coming from the Ecentric Black Friday Dashboard. Ecentric is
Breaking News today – Tuesday 26 November 2024
Business & Tech News Japanese Rocket Explosion: A test of the Japanese made Epsilon S rocket, earlier today, ended in a significant explosion as the engine for the small Japanese rocket reportedly burst into flames during a combustion test. The fire, was followed by an explosion and plumes of white smoke. This was not the
Cisco and Forge X Launch a New Incubation Centre
New Hub -The Eighth in South Africa Cisco, a leading networking and security company, launched a new incubation hub in collaboration with Forge X, on Friday 25 November. The new EDGE Centre in Johannesburg was officially opened in Pine Slopes, Lonehill, and will function as business and technology hub for incubation, innovation and education. EDGE,
Sony Electronics Announces Second-Generation Flagship Alpha™ 1 II Full-Frame Camera
Sony introduces the second-generation Alpha™ 1 II, a new flagship full-frame mirrorless interchangeable lens camera powered by Sony's latest AI processing unit. The camera features an approximate effective 50.1 MP (megapixel) resolution sensor, up to 30 fps (frames-per-second) blackout-free continuous shooting with AF/AE tracking, an anti-distortion shutter, and improved image clarity at mid-to-high sensitivities. The AI
Unveiling Informal Transport: A Key to Africa’s Mobility Future
As African cities expand and the demand for efficient, affordable transport grows, it is clear that we must not overlook the significance of informal transport systems, particularly in bridging gaps where formal public transport infrastructure falls short. Informal transport, such as minibus taxis, boda-bodas, matatus, and rickshaws, moves millions of people daily across Africa. According
Vodacom Group launches initiative to upskill 1million young people across Africa
Vodacom Group has partnered with technology providers to provide young people on the continent with access to digital skills as part of its commitment to driving digital literacy for Africa’s next generation. Together with AWS, Microsoft, Skillsoft and other collaborating organisations Vodacom aims to bridge the digital skills gap across eight African countries and upskill
Black Friday 2024 – Boost or Bust for the South African Economy?
How it all started The term "Black Friday" originated in the 1950s when Philadelphia police used the term to describe the chaos that often occurred in the city the day after Thanksgiving. Newspapers in Philadelphia began using the term in the 1970s to describe the start of holiday shopping. In the 1980s, companies began to use the
New IT Risk standard comes into force for SA Financial Sector
A hallmark of this era of rapid technological advancement and digitalisation of financial services is the ever-increasing reliance on third-party software suppliers. It’s a complex dependency that has expanded the threat landscape of South African banks, asset managers and insurers. In response, the country’s Financial Sector Conduct Authority and the Prudential Authority have now brought
Standard Bank to Expand Local Currency Lending in Africa
Johannesburg, South Africa, 25 November 2024 – The Standard Bank Group has signed an agreement with the International Finance Corporation (IFC) to expand local currency lending and accelerate development projects across Africa. Through the agreement, Standard Bank and IFC will collaborate on cross-currency swaps and derivatives, as well as benefit from each other’s market expertise