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Digital Economy

COVID-19: SA consumers shun bank branches, go digital

Local banks say they are witnessing a marked increase in digital interactions on their platforms, as customers avoid branches.

Constitution Hill Precinct

Art industry looks to live-streaming as event cancellations escalate

Following the cancellation of guided tours, programmes and events, the local art and culture industry goes virtual to continue offering its services.

Sibahle Malinga

EXCLUSIVE: Investec mulls digital assets wallet

The wealth management group is considering the introduction of a wallet to hold its clients’ digital assets.

Matthew Burbidge

Hardware-only is dead (but long live hardware)

Today's hardware lets customers use their choices better as it's a more project-driven space, and hardware solutions are often looked at during complex problem-solving, says Bridgette Kemp, Business Unit Manager at Axiz.

Digital economy companies take a punch as COVID-19 spreads

Analysts weigh in on the impact of coronavirus on digital economy firms, stressing the need for aggressive awareness and communication to sustain the businesses.

Simnikiwe Mzekandaba

ITWeb TV: Does SA have what it takes to produce a billion-dollar unicorn? | Episode #98

Innovation Hub CEO Bangani Mpangalasane discusses Gauteng's budding start-up ecosystem, why SA has yet to produce a unicorn company, and innovation that can be a catalyst for economic development and resolve societal challenges.

SoftBank threatens to pull out of WeWork deal

Speculation is rife that the COVID-19-triggered global recession is behind SoftBank reportedly backing away from part of its bailout deal with WeWork.

Sibahle Malinga

TymeBank signs up 4 000 new customers per day

The digital bank now has 1.4 million customers, of which 700 000 are active bank accounts

Samuel Mungadze

Local workforce must be reskilled for digital economy

The lack of digital technology awareness hampers digital transformation in some provinces, says a MICT SETA board member.

Value-added distributor

What is a value-added distributor?

VADs provide products, stock inventory, operate their own warehouse, supply credit to resellers, and have sales teams trained in offering value on each vendor’s products, says Elmien Du Toit, COO of Westcon-Comstor Sub-Saharan Africa.

Westcon-Comstor

Banks urged to balance digital convenience, human engagement

A survey shows customers are placing far more emphasis on perceived value and the need for banks to retain a human touch.

Digitisation in Labour Relations

Digitisation has long been regarded as a means to drive and achieve business goals, but the benefits are proving to affect many other areas and departments, such as optimising work processes by removing the many manual ones.

Artificial Intelligence

Strongest AI talent demand comes from non-IT departments

The biggest demand for talent with artificial intelligence skills comes from other business units in the organisation rather than IT, says Gartner.

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