Devina Haripersad

54 Collective plans to invest in 105 new startups over the next five years. The firm aims to ensure that at least half of these startups are founded by women.

South Africa's official unemployment rate increased to 33.5% in the second quarter of 2024, marking a 0.6 percentage point rise from the previous

Google has announced that it has launched a new feature called School Time, aimed at helping parents control their children's screen usage during school hours.

Attending the Festival of Motoring at the Kyalami Grand Prix Circuit for the first time was nothing short of an exhilarating experience.

The personas—The Maximalist, The Underground, The Rebel, The Superfan, and The Observer—reflect varying degrees of AI engagement and highlight the importance of tailoring AI integration strategies.

Spotify developed Offline Backup in response to user feedback during trials of the feature. This innovation is particularly useful for times when users forget to download their music ahead of time, such as before boarding a plane or traveling in areas with limited service. “Offline Backup ensures that users can access their favorite tracks even if they're not connected to the internet,” the company explained.

African CEOs express concerns about AI adoption, citing ethical challenges like bias, fairness, and potential misuse.

SoEs like Transnet and Prasa are set to modernize operations, leveraging cloud tech and AI solutions through partnerships.

Rashaad Tayob, a macro strategist at investment company Foord, explains that Trump's plans to increase tariffs on imported goods may impact South African exports to the US. Currently, about 10% of South African exports go to the United States, and a good portion of this trade is protected by the African Growth and Opportunity Act (AGOA), which allows certain African countries to export goods to the US without heavy tariffs. Tayob points out that if Trump introduces high tariffs, it could affect South African exports, although South Africa's balanced trade with the US might soften the blow compared to countries that rely heavily on the American market (Tayob, 2024).

Trump could encourage the US Federal Reserve to lower interest rates further, with rates possibly falling to 3.5% by next year.