Author: Gugu Lourie
Following a solid performance in August, the South African automotive segment experienced mixed results in September 2024, with minor increases in new car sales and a subtle downturn in the used car market. According to the latest sales data from AutoTrader, the used car market recorded 28,609 units sold in September 2024, a -9.6% year-on-year drop from the 31,636 units sold in September 2023. When compared to August 2024, which saw 31,877 used car sales, the market experienced a decline of -10.3% month-on-month. According to naamsa | The Automotive Business Council, the new car market posted a +2% year-on-year growth in…
South Africa’s Constitutional Court has delivered a significant setback to YeboYethu, the Black Economic Empowerment (BEE) shareholders of Vodacom. On Thursday, the court dismissed YeboYethu’s attempt to join the high-stakes legal battle between Vodacom and Nkosana Makate, the inventor of the “Please Call Me” service, as a friend of the court (amicus curiae). “The Constitutional Court has considered the application for admission as amicus curiae. It has concluded that the application should be dismissed as no case has been made out for admission as amicus curiae or ‘friend of the court,’” reads the court order. Notably, the court also decided…
Dubai – FOMO South Africa, a deals platform with over 500,000 users and 200,000 monthly website visits, proudly announces its expansion into the UAE market with the launch of FOMO Dubai. Known for providing unbeatable deals on attractions and experiences, FOMO is set to transform how Dubai’s residents and tourists book their adventures – offering exclusive discounts on activities ranging from desert safaris to visits to world-renowned theme parks. Bringing FOMO’s Winning Formula to Dubai After establishing a solid presence in South Africa, FOMO is ready to make its mark in Dubai. FOMO Dubai will provide users with unmatched access…
Dubai – Li Peng, Corporate Senior Vice President and President of ICT Sales & Service at Huawei, delivered a compelling vision for the future of industrial digital transformation at the 2024 Huawei Industrial Digital and Intelligent Transformation Summit, held during GITEX Global in Dubai. Li’s message was clear: Huawei is leading the way in innovation to help customers succeed, empower local partners, and cultivate homegrown talent. “We’re combining our strengths in networking, storage, computing, cloud, and energy,” Li began, emphasising Huawei’s focus on building new digital and intelligent infrastructure. “We’re working with partners to develop cutting-edge solutions that are adaptable…
Dubai – “The wave of digital and intelligent transformation must ensure that no one is left behind,” said Leo Chen, Corporate Senior Vice President and President of Enterprise Sales at Huawei’s Enterprise Business Group. Speaking at the Industrial Digital and Intelligent Transformation Summit, held alongside GITEX Global 2024 in Dubai, Chen emphasised the need for inclusive growth as industries embrace the future of technology. Amid the wave of digital and intelligent transformation, Huawei urges all parties to collaborate and seize new opportunities. In his keynote address, Chen highlighted AI and 5G-A as key next-generation technologies powering the Fourth Industrial Revolution,…
In a world rapidly transitioning to an intelligent economy, Huawei is at the forefront of the digital transformation revolution. Speaking at the Huawei Industrial Digital and Intelligent Transformation Summit 2024 during GITEX Global in Dubai, Li Peng, Corporate Senior Vice President and President of ICT Sales & Service, outlined the company’s vision for an AI-driven future that empowers enterprises globally. “The digital economy is evolving into an intelligent economy, and it will soon become the main engine of global economic growth,” Li Peng declared as he addressed a diverse audience of global partners and customers at the Conrad Dubai. With…
Dubai – GITEX GLOBAL, the world’s largest tech and startup event, is set to take centre stage in the UAE today. The 44th edition promises to reshape the global digital economy and AI landscape. Under the theme “Global Collaboration to Forge a Future AI Economy,” GITEX GLOBAL 2024 will bring together leading tech enterprises, governments, investors, experts, startups, and academia. Running alongside GITEX is Expand North Star, the world’s largest startup and investment event, hosted by the Dubai Chamber of Digital Economy and organised by DWTC at Dubai Harbour from 13-16 October. With over 6,500 exhibitors, 1,800 startups, and 1,200…
The 2024 Southern Africa Telecommunication Networks and Applications Conference (SATNAC) concluded its 26th edition with a resounding call to harness AI to drive positive change across the continent. Held under the theme “The AI-driven hyperconnected future: Co-creating shared value,” the conference brought together leading experts, industry stakeholders, and policymakers to navigate the transformative potential of AI in telecommunications and beyond. A key takeaway from the conference was the recognition of AI’s pivotal role in bridging the digital divide and fostering inclusive growth in Africa. Along with the need for AI-powered solutions tailored to address local challenges, such as improving access…
Volvo Car South Africa has unveiled an exciting limited-time offer that provides extra perks for local buyers of its electric vehicles (EVs). This deal reinforces Volvo’s commitment to delivering exceptional value and enhancing the ownership experience. The promotion, valid for the final quarter of 2024, applies to all new fully electric Volvo models purchased during this period. Buyers will be rewarded with three complimentary benefits: 1 year of free public charging 2 years of comprehensive vehicle insurance 3 years of complimentary in-car data “Volvo is leading the charge in South Africa’s new-energy vehicle space, driving much of the recent growth…
As SATNAC 2024 draws to a close at the Skukuza Rest Camp in the heart of the Kruger National Park, we are reminded of the profound impact this conference continues to make on South Africa’s innovation landscape. Dr. Mmaki Jantjies, SATNAC Chairperson and Telkom Group Executive: Innovation & Transformation, delivered an inspiring closing speech, emphasising the event’s enduring legacy of fostering innovation, intellectual capital, and social impact. In a country grappling with some of the highest levels of inequality in the world, with unemployment hovering at 34%, and a staggering 45% among the youth, Dr. Jantjies stressed the critical role…