R/€ = 16.60 Change: 0.01
R/$ = 14.81 Change: 0.01
Au 1341.29 $/oz Change: -13.63
Pt 802.05 $/oz Change: -12.04


Huawei kicks off first 5G training course for SA students

By: Natasha Odendaal     14th June 2019 Information and communications technology (ICT) giant Huawei South Africa is offering free fifth-generation (5G) training courses for ICT postgraduates at, initially, the University of the Witswatersrand (Wits) and University of Pretoria. The group has plans to expand the course, which forms part... 

Huawei Crisis: ‘Think Global, Act Local’ Takes On New Meaning

31st May 2019 America’s trade war with China means US firm Google has indefinitely suspended its business relationship with Chinese smartphone brand Huawei. This means Huawei will no longer be able to offer new customers access to Google’s Android operating system while current Huawei customers will not be... 

Innovation policy requires careful consideration – TIPS

By: Marleny Arnoldi     30th May 2019 Industrialisation requires innovation and, despite increased investment into science, technology and innovation, as well as the implementation of policies designed to encourage innovation, South Africa’s innovation activities remain constrained, Trade and Industrial Policy Strategies (TIPS)... 

Davies sees rising unilateralism as trade war escalates 

By: African News Agency      24th May 2019 South Africa, like the rest of the global economy, will continue to be collateral damage in the escalating trade war between China and the US, Trade and Industry Minister Dr Rob Davies has said, predicting a worrying rise in unilateral actions by individual states. Davies cast doubt on the World... 

Huawei’s market share surges despite smartphone shipment slump

By: Natasha Odendaal     24th May 2019 Despite a “deeper” decline – for the sixth consecutive quarter – of smartphone shipment volumes during the first quarter of 2019, Chinese brand Huawei has accelerated its sales, surpassing Apple as the number two in terms of market share worldwide. Market intelligence and advisory services firm... 

Trade tensions put global economic growth on a 'subpar' setting

By: Bloomberg     21st May 2019 Trade tensions have derailed the global economy, plunging it onto a low-growth track that’s clouded by risks, according to the OECD’s latest outlook. The report sticks to the gloomy tone long held by the Paris-based organization, which has warned that trade disruptions could ricochet throughout... 

Oil climbs as Opec signal on output curbs overshadows trade risk

By: Bloomberg     21st May 2019 Oil rose for a second day on signs Opec and its allies will extend production cuts beyond June, while a steadily deteriorating US-China trade relationship kept prices from pushing higher. Futures in New York extended their gains after closing up 0.5% on Monday. Saudi Energy Minister Khalid... 

African-specific IoT model proposed

By: Natasha Odendaal     10th May 2019 The much-talked about Internet of Things (IoT) will only become relevant for Africa when it starts enabling stakeholders to effectively tackle the real challenges the continent faces on a daily basis, a panel has agreed. IoT is seen as more of an ecosystem that, for Africa, requires more... 

Huawei centres 2019 SA strategy on partnerships, collaboration

By: Natasha Odendaal     3rd May 2019 As global information and communication technology (ICT) solutions provider Huawei Enterprise pursues new technologies and platforms, new emerging ICTs present an opportunity to build a new ecosystem, a cornerstone of industrial digitalisation and a fully connected digital world. In line with... 

Kenya secures $666m from China for tech city, highway

By: Reuters     29th April 2019 Kenya has secured 67.5-billion shillings ($666-million) in funding from China to build a data centre in a tech city currently under construction and a highway in Nairobi, the president's office said on Friday. Kenya has turned to China over the past few years for funds, technology and equipment... 

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