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Major Petrol Price Hike Could Cripple South Africa’s Economy says Expert | Tempemail – Blog – Emails

Sourced from the South African The major fuel price hike scheduled for tomorrow (3 June) is going to further hurt the economy and have a major impact on deeply indebted consumers. This is after the petrol price in the country slumped to a 21-year low as South Africa descended into a nationwide lockdown. All grades […]

ATCON Tasks Nigerian Government to Begin Digitizing the Economy | Tempemail – Blog – Emails

Sourced from the Guardian Nigeria. The Association of Telecommunications Companies of Nigeria (ATCON) has charged the Federal Government to begin the digitization of the nation’s economy. The association stressed the importance and crucial need for the government to map out fresh plans that would assist the country cope with economic challenges post-COVID-19 pandemic. Olusola Teniola, […]

Coronavirus Could Cost Global Economy $8.8 Trillion | Tempemail – Blog – Emails

Sourced from Finance Monthly. The coronavirus pandemic could cost the global economy between $5.8-trillion and $8.8-trillion, according to the Asian Development Bank (ADB). The BBC reports that this is more than double last month’s prediction and equates to 6.4%-9.7% of the world’s economic output. This comes as measures to slow the spread of COVID-19 continue […]

Cryptocurrencies Continue to Gain Traction as Global Economy Shrinks | Tempemail – Blog – Emails

Sourced from Hacker Noon. The cryptocurrency sector continues to show strong growth despite a severe economic contraction since the global COVID-19 pandemic. In fact, Bitcoin is up 28% and is now trading at $8993. This could be attributed to the move towards a cashless environment, seeing as though the virus is can be transferred across […]

Apple’s advertising business hit by ‘weakness’ of coronavirus economy- Tempemail – Blog – Emails

Apple may have seen an ‘uptick’ in product sales towards the end of Q2 2020, but its advertising business has taken a hit as companies pause search spend on platforms such as the App Store. The company posted quarterly revenues of $58.3bn yesterday (1 May) – increasing sales 1% year-on-year despite Covid-19’s impact on consumer […]

Govt says 2GB to 20GB a month ‘enough to participate in digital economy’ – Telco/ISP- Tempemail – Blog – Emails

The Government has estimated an individual’s basic data needs in Australia to fall between 2GB and 20GB, which it says is enough for them “to participate in the digital economy”. The figures come from a quietly released report prepared by the Bureau of Communications and Arts Research (BCAR), and builds on broadband affordability research first […]

Marketing in the value exchange economy: Do brands need to think differently about brand trust?- Tempemail – Blog – Emails

Consumers don’t exactly understand the value of what marketers are giving them in exchange for access to personal data and information, a panel discussion on brand trust concluded. The Covid-19 crisis has inevitably impacted customer behavior, shaking up the industry and the ways marketers respond – yet there are steps brands can take to earn, […]

Rolls-Royce establishes new COVID-19 data alliance to help kickstart businesses and the economy into recovery- Tempemail – Blog – Emails

Read Article Rolls-Royce has invited a group of leading companies to collaborate on Emer 2gent, a new alliance of data analytics experts challenged with finding new, faster ways of supporting businesses and governments globally as they recover from the economic impacts of COVID-19. Early alliance members are Leeds Institute for Data Analytics, IBM, Google Cloud, […]