Over the past few months, we have seen a storm of hype about 5G, the next evolution in mobile network technology. Handset manufacturers are starting to come to market with 5G-ready smartphones, while many mobile network operators worldwide looking to deploy 5G networks in 2019 and 2020.
Only 15% of South African start-ups are successful, despite South Africa having the 2nd highest ranking on the continent according to the 2018 Global Entrepreneurship Index.
The National Council of Provinces should hang its head in shame after voting in support of the Copyright Amendment Bill. It took this devastating decision despite overwhelming opposition to and patent rejection of the Bill by South African creators and creatives from numerous affected industries – the very people that the Bill is ostensibly meant to protect.
Everywhere you look these days in urban areas and surrounding suburbs, there seems to be an advertisement for a different fibre provider. Clearly the South African internet market has come of age, and consumers – especially business customers – are benefiting from plummeting prices, increased speeds, and a myriad of package choices.
Last month the Department of Labour (DOL) released a media brief noting that the Commission for Conciliation, Mediation and Arbitration (CCMA) has requested that the DOL investigate the growing practice of deliberate circumvention of labour laws amongst employers.
When faced with legislation that requires parties to take certain steps or prevents them from implementing a particular course of action, the questions often asked include 'what are the consequences and who will be liable to pay?' For a long time been uncertainty about the penalty firms would face if they fail to notify a merger and/or implement a merger without the requisite approval of the competition authorities.
South African manufacturers face serious challenges. Among them are a flood of cheap imports, a shrinking domestic market, often fractious labour relations and low productivity levels. We do have a weak currency and good technical expertise, but it remains a tough climate for manufacturing.
A digital initiative focused on increasing the digital intelligence quotient (DQ) of children aged 8-12, #DQEveryChild, has increased digital citizenship in children worldwide by 10% on average, reducing cyber-risk exposure by 15%.
With 2018 having been a particularly dismal year for local equities – the worst, in fact, since the 2008 financial crisis – South African investors are increasingly opting to build and manage their own direct equity portfolios in an attempt to take back control, cut out the middle man, and ultimately save money on fees.
There is no denying that we live in the most technologically advanced era the Earth has ever seen and this is due to property rights and free trade. Removing restrictions on trade between individuals in a country is important, but removing restrictions on trade between individuals in different countries is arguably even more important given the enormous size of the global market compared to any single country’s domestic market.