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Digital advertising in South Africa is on the rise, driven by business-oriented trends, says this year’s IAB South Africa Internet Advertising Revenue Report, also known as the Online AdSpend Report. The annual report, conducted in partnership with PwC, seeks to accurately measure the total revenue generated by domestic online media, including mobile advertising. Paula Hulley, …
Informa Tech, organisers of the 27th annual Africa Tech Festival (www.AfricaTechFestival.com) 2024, are pleased to announce that the South African Department of Communications and Digital Technologies (DCDT) will be an official partner of this year's event, taking place from 12 to 14 November in Cape Town.
Incorporating AfricaCom, AfricaTech, AfricaIgnite, and The AI Summit Cape Town, Africa Tech Festival 2024 will welcome 15,000 visitors, over 400 speakers, and more than 300 exhibitors. Topics include enterprise tech innovation and disruption across key sectors such as artificial intelligence, cybersecurity, cloud and data centres, and green ICT.
“Africa Tech Festival is the largest and most influential telecoms and technology event in Africa, with an audience that spans the entire ICT ecosystem, including trade and other ministries. The partnership with the DCDT is a clear indication of the South African government's commitment to engaging with these key stakeholders from across the continent, opening dialogue, sharing insights, and working together to advance Africa's digital transformation journey,” said Informa's James Williams, Event Director of Africa Tech Festival.
One of the highlights of the partnership is the AfricaCom 2024 Ministerial Summit, a closed-door VIP event bringing together close to a dozen African and international ministers from across critical sectors such as ICT, innovation, trade, finance, education, and enterprise. The Ministerial Summit will provide government leaders with a platform that facilitates discussion, collaboration, and sharing of learnings on how progressive policy is nurturing tech ecosystems, building efficient workforces, unlocking technological innovation across public and enterprise sectors, and driving Africa's socioeconomic development.
Another initiative that forms part of the partnership is an exclusive government pavilion at which a small group of top South African businesses, SMEs, and startups will be hosted, again reflecting top-tier support for businesses that are contributing to the country's technology-driven agenda.
“The importance of collaborative efforts and partnerships in realising our goal of a connected and digitally transformed society cannot be overemphasised. The Africa Tech Festival presents such platform for different innovative minds to come together to explore and exchange tech solutions for Africa and the rest of the world. This global platform will not only afford us an opportunity to learn best practices but also afford our SMEs to market their innovative solutions to the more than 15 000 visitors from across the globe. We are committed to ensuring that Africa does not become a mere consumer of digital solutions developed elsewhere but a meaningful participant in the digital economy by being a supplier of solutions and infrastructure that are tried and tested in our shores. We are looking forward to welcoming the world to our shores.” said Ms Nonkqubela Jordan-Dyani, Director-General of the Department of Communications and Digital Technologies.
The introduction of the Ministerial Summit, along with the official endorsement of the event by the DCDT, add significantly to the depth of Africa Tech Festival. In addition to showcasing the immensely innovative nature of the industry, the event is also a targeted networking platform for tech leaders, role-players, and investors to make a positive contribution to Africa's successful navigation of a tech-driven future.
Confirmed Africa Tech Festival 2024 speakers include:
Register now to secure your spot and join us in shaping the future of technology in Africa: https://AfricaTechFestival.com/
Distributed by APO Group on behalf of Africa Tech Festival.
About Africa Tech Festival:
Africa Tech Festival, including anchor events AfricaCom, AfricaTech, AfricaIgnite, and The AI Summit Cape Town is part of the Informa Tech Connecting Africa event series.
A vibrant celebration of Africa's diverse community of tech champions, Africa Tech Festival is the largest tech and digital connectivity conference and exhibition in Africa, attracting hundreds of exhibitors, more than 400 speakers and more than 15,000 delegates.
Scaling is a critical period that either ends in the company growing rapidly and sustainably or getting stuck in the chaos and ending up in no man’s land. Taking advantage of a startup’s potential for growth requires new ways of thinking, new habits, new knowledge, and new disciplines. Without these, thriving startups don’t capitalise on …
In another move to provide diverse investment opportunities for South African investors, FNB released the third tranche of its widely acclaimed Structured Products. Designed to deliver robust returns while safeguarding capital, these innovative investment solutions are a powerful tool for investors seeking to diversify their portfolios in today’s volatile economic environment. Samukelo Zwane, Head of …
Nando’s brings a fresh dose of humour and deliciousness to screens across South Africa with its latest television ad, showcasing the country’s unique ability to embrace life’s challenges with a smile. Known for its cheeky advertising and mouth-watering flame-grilled PERi-PERi chicken, Nando’s continues to capture the essence of South African culture with its new campaign. …
Compared to high income households, lower income households typically face more financial difficulties as a result of the constant rise in living expenses. For the average household, this requires putting limited resources to the best possible use by making often tough decisions about what and how much to consume, produce, trade and invest. The 2024 …
There is a pervasive myth that entrepreneurship can’t be taught. If you weren’t lucky enough to be born an entrepreneur, then you’re simply out of luck. And if you are a born entrepreneur, then success presumably just falls in your lap. Both ideas are problematic. If we agree that the definition of entrepreneurship is the …
Proudly South African is back on the fashion scene with the relaunch of the Local Fashion Police, a consumer-powered campaign championing homegrown talent. This local fashion movement in its 4th year, now in partnership with FNB, is in support of the Retail, Clothing, Textile, Footwear, and Leather (R-CTFL) sector highlighting its significance in creating jobs …
FNB today announced that it has officially taken over as headline sponsor of the App of the Year ecosystem, the premier app development and largest tech challenge of its kind in the African continent. FNB App of the Year recognises and celebrates local-game changers while championing app development in Africa. Now in its 13th consecutive …
By Chantal Marx, Head of Investment Research, FNB Wealth and Investments: The introduction of the two-pot system, together with possible interest rate cuts, decent momentum in wages, and lower inflation could boost consumer confidence and drive an increase in spending in the months ahead. This is expected to be positive for domestic retailers, particularly discretionary …
Hawks finally appear to be taking action against some of the fraudsters who ripped off the National Lotteries Commission
The latest 2024 FNB Retirement Insights Survey unveiled the startling reality that almost 50% of the respondents don’t have a retirement plan in place. This lack of preparation for retirement isn’t just a personal financial risk, it’s also a potential crisis that could send shockwaves through their families and negatively impact future generations. That’s because, …
The 7th annual edition of Creative Coffee Week (CCW) in partnership with FNB, held every July in Durban since 2018, is bringing one of the biggest names in Specialty Coffee to South Africa. The event is taking from 24-26th July 2024 at FNB’s Acacia House on Umhlanga Ridge. Patrik Rolf, from April Coffee in Denmark, …
As South Africa commemorates Savings Month this month, the country’s financial landscape presents a unique opportunity for retail investors to bolster their savings. Interest rates continue to hover at elevated levels and the predictions are that there will only be gradual decreases in the latter part of the year. This means that Savings Month is …
Getting a financial windfall can come from various sources such as an inheritance or winning a lottery. A financial windfall might change your life and present you with a lot of financial opportunities, however, if you don’t utilise it wisely it may create unpleasant moments. Therefore, it is important to have a plan in place …
Stokvels are a way of life for many South Africans, and an integral part of the country’s economic landscape. These collective schemes are a phenomenon with immense potential that is yet to be fully unlocked. With millions of participating members and contribution and saving pools amounting to billions of rands, stokvels have the capability to …
FNB has seen a strong demand from clients buying Krugerrands on its trading platforms as consumers embrace alternative asset classes to diversify their investment portfolios. Over the last year, FNB assisted with facilitating the delivery of over 2 200 Krugerrands on its trading platforms. Sebastian Pillay, Head of Share Investing at FNB Wealth and Investments …
Chantal Marx, Investment Research Head, FNB Wealth and Investments answers this question; “Gold is at record levels – what now?” The gold price recently reached another all-time high, prompting investors to reassess their current exposure. Is it time to take profit for those who have held positions in gold or is it better to just …
As global investment markets have increasingly become characterised by uncertainty and volatility; a growing number of investors are recognising the value of Exchange-Traded Funds (ETFs) as a way of achieving diverse market exposure through a single investment transaction. Not only does such diversification mean that investors can reduce the risks associated with market volatility and …
By Bobby Madhav – FNB Head of Trade & Structured Trade and Commodity Finance For any business involved in local or global trade, a robust supply chain is key to sustainable success. The simple reality is that trade disruptions come in many forms, from natural disasters and geopolitical crises, to trade conflicts and even pandemics; …
In recent years, market uncertainty has become the norm, leaving most investors actively searching for opportunities that offer them stability and long-term growth potential while limiting volatility in the face of constantly shifting economic sands. Against this backdrop, the luxury goods sector has emerged as a compelling investment opportunity for investors. FNB recently launched the …
The annual Grade 11 Male learners event for boys from various high schools in Gqeberha took place in the Hellenic Hall, Gqeberha on Tuesday 14 May 2024. Title sponsor, Vodacom, ensured that the learners with Vodacom phones all received 1 Gig of data to make their participation in a fun online event easier on the …
14 May 2024: Total mining production, not seasonally adjusted, declined sharpy by 5.8% y/y in March, after expanding by 10.3% y/y (upwardly revised from 9.9% y/y) in February, in part, due to unfavourable base effects, the mid-March and Easter holidays as well as water shortages. The outturn was worse than the Reuters consensus prediction of …
14 May 2024: The Quarterly Labour Force Survey (QLFS) data, a household-based employment survey not seasonally adjusted, revealed a resurgence in employment momentum in the first quarter of this year. Employment increased by 21 555 q/q (or 0.1% q/q), rebounding from a decline of 21 587 in 4Q23. However, the unemployment level surged by 330 …