Category Archives: Business

29Oct/22

Elon Musk takes Twitter private – here’s what that means for the company and its chances of success

Elon Musk has said he intends to complete his purchase of Twitter after earlier trying to wriggle out of the deal.
Patrick Pleul/Pool via AP

Erik Gordon, University of Michigan

Elon Musk has finally completed his US$44 billion deal to acquire Twitter and take it private.

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28Oct/22

30 Giga-Watt Hours of Electric Vehicle Markets Beyond Cars, Reports IDTechEx

Electric vehicle markets are growing globally – in total IDTechEx’s latest master electric vehicle report “Electric Vehicles: Land, Sea & Air 2022-2042” finds 35.7 million electric vehicles (EV) were sold in 2021 and predicts this will rise to over 74 million by 2030. Continue reading

27Oct/22

The whole world is facing a debt crisis – but richer countries can afford to stop it

Patrick E. Shea, University of Glasgow

Countries across the world are drifting towards a debt crisis. Economic slowdowns and rising inflation have increased demands on spending, making it almost impossible for many governments to pay back the money they owe.

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27Oct/22

Drivn: Blockchain Startup Enables Users to Earn an Income While Saving the Planet

Transport accounts for around 33% of global carbon emissions, but 48% of people are not aware of their individual carbon footprint. Drivn, the brainchild of three Danish founders, aims to change the world’s travel behavior towards a more sustainable future. Continue reading

25Oct/22

Stagwell’s (STGW) National Research Group Launches Annual ‘Capstone Series,’ First-of-its-Kind Exploration into the Culture, Content and Technology Driving Emerging Markets

National Research Group (NRG), a global insights leader at the intersection of technology, content and culture, launched its “Capstone Series,” a first-of-its-kind exploration into the culture, content and technology driving leading-edge global growth markets. NRG is part of Stagwell (NASDAQ: STGW), the challenger network built to transform marketing. In partnership with SBI Media, a Lagos, Nigeria-based media agency and part of Stagwell’s Global Affiliate Network, NRG kicked off the series with “Exploring Nigeria,” a future-leaning view into the technology, culture and entertainment trends shaping the Nigerian landscape. Continue reading

24Oct/22

Women turn to sex work to survive UK cost-of-living crisis

  • Surging household costs take heavier toll on women
  • Sex workers see earnings shrink as clients stay away
  • Newcomers at risk from lack of information, support

LONDON – Online sex worker Martha blames Britain’s cost-of-living crisis for her dwindling earnings – partly due to increased competition as soaring household bills push more women to sell sex. Continue reading

23Oct/22

Centurion Invest empowers African mass adoption of digital assets payments to Mpesa, Airtel, Orange through its partnership with ImpalaPay

The UN predicts that between now and 2050, at least half of the world’s population growth will originate from Africa, which currently has the fastest-growing population. The use of cryptocurrencies is increasing worldwide, and Is Quietly Thriving in Sub-Saharan Africa. Continue reading

17Oct/22

Speed saviours – Artemis Aerospace discusses whether aviation is ready for a new era of supersonic travel

When the iconic Concorde landed for the last time at Heathrow Airport in October 2003, the supersonic air travel age had seemingly come to an end. Continue reading

17Oct/22

Will South Africa’s street vendors go bust in a cashless world?

Kim Harrisberg

Published: October 12, 2022

  • Digital payments on the rise in South Africa
  • People without mobile phones, bank accounts excluded
  • Calls for innovation to include informal economy

JOHANNESBURG – For more than a decade, musician Thomas Nhassavele has been busking next to the parking payment machine at Johannesburg’s Rosebank Mall, where drivers often dropped their change into his guitar case. Continue reading

12Oct/22

Mercedes-Benz and Microsoft collaborate to boost efficiency, resilience and sustainability in car production

Mercedes-Benz and Microsoft Corp. collaborate to make vehicle production more efficient, resilient and sustainable. With the new MO360 Data Platform, Mercedes-Benz is connecting its around 30 passenger car plants worldwide to the Microsoft Cloud, enhancing transparency and predictability across its digital production and supply chain. The MO360 Data Platform is the evolution of Mercedes-Benz’ digital production ecosystem MO360 and allows teams to identify potential supply chain bottlenecks faster and enable a dynamic prioritization of production resources toward electric and Top-End vehicles. Continue reading