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Business owners in South Africa are furious as power outages hit profits

South Africas outrage over the power outage has turned to unrest, and business owners are complaining that the prolonged power outage crisis is affect

South Africas outrage over the power outage has turned to unrest, and business owners are complaining that the prolonged power outage crisis is affecting profits and limiting economic activity. South Africa suffered a level 6 outage, with several power outages lasting 24 hours a day for almost two weeks. According to the expert Fasanya, companies have to spend money on generators, which increases the cost of their business. The impact on employment is particularly worrying in a country struggling with an unemployment rate of 34.5%. Energy experts and even debtstricken Eskom have urged the government to accelerate investment in renewable energy, especially solar energy, as the best option for rapidly growing energy production. Read More..

B2B Tech News | 2 years ago        

Egypt is looking for wheat from the United States, Canada and Australia at international offers

The deadline for proposals is Tuesday, July 19, and registration opens on the same day. Egypt imported most of its grain from Russia and Ukraine due t

The deadline for proposals is Tuesday, July 19, and registration opens on the same day. Egypt imported most of its grain from Russia and Ukraine due to the end of the RussoUkrainian war. GASC said deliveries will take place between September 1630, October 115, and November 115. Both offers are expected to be delivered between July and October. The Egyptian government allocates most of the imported wheat to make subsidized bread, an essential part of the daily diet of more than 70 million Egyptians. Read More..

B2B Tech News | 2 years ago        

South Sudan African Development Bank provides $ 8.1 million to support food production

The African Banks Board of Directors approved an 8.1 million grant for an emergency food production programme in South Sudan. South Sudan has not been

The African Banks Board of Directors approved an 8.1 million grant for an emergency food production programme in South Sudan. South Sudan has not been selfsufficient in food since 2009. In 2022, approximately 8.9 million people, or more than 70% of the population, received humanitarian aid, including 4.6 million children. This project will lead to a sustainable increase in the countrys agricultural products and productivity, increase incomes, and improve the quality of life of farmers. The African Development Bank Group launched the $ 1.5 billion Emergency Food Fund in Africa in May. Read More..

B2B Tech News | 2 years ago        

WPP buys electronics company Corebiz

WPP has announced the acquisition of Corebiz, a Latin American ecommerce company specializing in VTEX implementations. The Brazilian divisions of the

WPP has announced the acquisition of Corebiz, a Latin American ecommerce company specializing in VTEX implementations. The Brazilian divisions of the company will join the global network of VMLY & R COMMERCE. Felipe Macedo and Renan Mota, owners, and CEO of Corebiz said Our goal is to bring this experience to the rest of the world. Beth Ann Kaminkow, Global CEO of VMLY & R COMMERCE, said Efforting our creative business to make a difference for our customers daily is a key component to building relevant brands. Over the past two and a half years, companies in Latin America and around the world have noticed the business impact of strong digital marketing strategies and are looking to expand their presence in ecommerce, said Stefano Zunino, WPP’s regional manager in Brazil. Business opportunities Read More..

B2B Tech News | 2 years ago        

Arcadis acquires IBI Group

An agreement has been reached between Arcadis and IBIB Group regarding a suggested, allcash offer of C$19.50 per share. Arcadis position as a digital

An agreement has been reached between Arcadis and IBIB Group regarding a suggested, allcash offer of C$19.50 per share. Arcadis position as a digital leader will be bolstered by the acquisition of the innovative, techfocused design firm from IBI Group. The new business will be North Americas and perhaps the worlds top architectural firm. It will launch IBIs technology initiatives in the intelligence sector across Arcadis extensive global footprint. Additionally, it will increase the breadth and depth of its infrastructure and environmental services capabilities. Read More..

B2B Tech News | 2 years ago        

ByteDances Douyin is an experimental food delivery service

ByteDances TikTok clone for the Chinese market, Douyin, is experimenting with its own food delivery feature. Some restaurants can now add food deliver

ByteDances TikTok clone for the Chinese market, Douyin, is experimenting with its own food delivery feature. Some restaurants can now add food delivery options to their Douyin channels thanks to the new feature. It now faces competition from Meituan and Eleme, which together control 90% of the nations online food market. The service, known as Xindong Waimai, could be accessed through the Douyin app, but the business decided against making it available in additional local markets. Read More..

B2B Tech News | 2 years ago        

Neeyamo announces the latest expansion in Europe

The opening of a new office in Italy is part of a global expansion strategy that has successfully opened offices in the UK, Germany, and France. Neeya

The opening of a new office in Italy is part of a global expansion strategy that has successfully opened offices in the UK, Germany, and France. Neeyamos unique global engine is designed to serve customers in over 180 countries. This is the starting point for exploring Central and Eastern Europe to introduce worldclass products to a new audience, said Vivek Khanna, chief account partner. This is the beginning of our expansion into Central and Eastern Europe, where we aim to introduce worldclass products to a new audience. Neeyamo works with multinational organizations to develop global expansion strategies that meet customer needs and venture into untapped locations. Read More..

B2B Tech News | 2 years ago        

Australian stocks are likely to open higher New Zealand is rising

The Australian stock market is expected to start the week higher, supported by financial and technology stocks, as investors around the world weigh in

The Australian stock market is expected to start the week higher, supported by financial and technology stocks, as investors around the world weigh in on strong US economic data and the possibility of a slow rate hike. Futures on the local stock index gained 0.9%, a decrease of 46.6 points compared to the S & P/ASX 200 benchmark. The benchmark fell 0.7% on Friday. Across the Tasman Sea, New Zealands S & P/NZX 50 reference value increased by approximately 0.5% on initial trading. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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