Category Archives: GIBS Knowledge and Information Services

All things relating to the workings and service offerings of the Information Centre

The importance of an industrial data strategy for digital transformation (Forbes)

Industrial organizations collect mountains of data on everything from asset performance to maintenance needs, but many lack a plan for how to organize that data or maximize its value. In fact, 60% to 73% of data in an organization is never successfully used for any strategic purpose, according to Forrester. As a result, companies miss key opportunities […]
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Small businesses urged to go solar (IT-Online)

If anything, the 2023 Budget Speech revealed it was that devising a targeted plan to solve South Africa’s ongoing energy crisis remains the government’s top priority. The immediate future will see a concerted and collective focus on bringing together the public and private sectors in a bid to fuel the clean-energy transition and end loadshedding. […]
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MTN expects earnings boost for FY 2022 (BT)

In a trading statement published on Wednesday (1 March 2023), the group said that it anticipates earnings per share (EPS) to increase between 35% and 45%, while adjusted headline earnings per share (HEPS) is expected to increase by 12% to 22% for the period. MTN said that earnings were boosted by a net gain on […]
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‘Phygital’ retail and the store’s new brand ambassador (Forbes)

New truths are emerging regarding retailing in the post pandemic era. Many of these are highlighted in PwC’s February 2023 Global Consumer Insights Survey. A particular survey quote stands out: “It’s incumbent on market participants to meet consumers in both physical and digital spaces—and to meet their changing expectations.” These same sentiments were echoed throughout the […]
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Modeling Trust: AI and the technology, media and Telecommunications Industry (Forbes) #AI

Late last year, the European Union introduced the Artificial Intelligence Liability Directive (AILD) to “improve the functioning of the internal market by laying down uniform rules for certain aspects of non-contractual civil liability for damage caused with the involvement of AI systems.” In other words, protecting society from bad AI. Bad AI is AI that isn’t trustworthy—AI […]
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South Africa’s energy crisis catalyses the local energy transition (EN)

On February 9, South African President Cyril Ramaphosa declared a “state of disaster” over his country’s crippling power shortages, saying they posed an existential threat to the economy and social fabric. He pledged to end the energy crisis that threatens economic and political stability. Renewable energy: a solution to mitigate the energy crisis Loadshedding is a well-known phrase among South Africa’s population. […]
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Standard bank’s Joel Buatre on why ESG adoption is lagging behind in South Africa (BT)

Joel Buatre is the Digital Portfolio Lead for Corporate and Investment Banking (CIB) at Standard Bank Group. Buatre leads CIB Digital’s thinking when it comes to the innovation and development of sustainability and ESG-related products. As part of his mandate, he leads the development of a framework which is used to evaluate the potential sustainability […]
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Australia rattles industry and trading partners with energy interventions (FT)

Australia’s energy price caps and planned export controls threaten to stifle investment and upset relationships with key trading partners, as one of the world’s biggest gas exporters acts to cushion consumers from rising prices. Prime Minister Anthony Albanese’s government this month proposed introducing laws giving it the right to limit exports in response to rising […]
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Mining companies aren’t buying what the SA govt is selling — yet (MG)

This year’s Mining Indaba took place after another red-hot year for commodities, which ought to have inspired South African mining companies to put some of their extra cash into expanding local operations. But continued global uncertainty and the country’s deteriorating energy and logistical infrastructure have seemingly poisoned the chalice, leaving miners more risk averse than ever. As expected, […]
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Engen, Vivo Energy merge to form a company spanning 27 countries in Africa (EN)

Vivo Energy and Engen have merged into a combined group to create one of Africa’s largest energy distribution companies that will have more than 3 900 service stations and more than two-billion litres of storage capacity across 27 African countries. Oil and gas multinational Petronas will sell its 74% shareholding in Engen to Vivo Energy. The transaction is currently pending regulatory approvals and fulfilment of conditions precedent. Click here to […]
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