5 important things happening in South Africa today – BusinessTech

 ·24 Apr 2024
5 important things happening in South Africa today – BusinessTech

Here’s what is happening in and affecting South Africa today:


  • Doubts over interest rate cuts: Recent market expectations, influenced by ongoing uncertainties about the timing for inflation to meet the central bank’s target midpoint and about global disinflation, suggest that in 2024, South Africa’s policy rate might either stay the same or continue near its 14-year peak at 8.25%. This is according to the Reserve Bank’s April monetary policy review released on Tuesday, which raises questions regarding the likelihood of the rate dropping below 5% at all this year. [Business Day]

  • Government wants more business employee ownership: Government is calling on more private businesses to embrace the Employee Shared Ownership Programmes, with…

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Jenkintown 150 to host Gazebo Dedication Ceremony on Saturday

Jenkintown 150 is hosting a Gazebo Dedication Ceremony on Saturday, April 27 from 11:00am to 1:30pm in Town Square.

The ceremony will feature the work of Joseph Depman, a senior at Jenkintown High School who recently completed his Eagle Scout project, remarks by town officials, a ribbon cutting, live music by Jenkintown’s Celia DeFazio, and a performance by Jenkintown Dance Arts.

“I am lucky to have grown up in a place like Jenkintown, and I am glad to be able to give back to the community,” Depman said.

Depman with his completed project

“The gazebo is the logo forJ150, and we feel like it’s a symbol Jenkintown stands behind and identifies with,” Ben Bergman, chair of Jenkintown 150, said. “What better way to commemorate our Borough’s 150th anniversary…


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HostMonster Web Hosting Review | PCMag

Despite its imposing name, HostMonster isn’t particularly monstrous in any way. In fact, it’s a good, albeit unremarkable, web hosting service that offers the core tools you need to build personal or small business sites. HostMonster has respectable shared, dedicated, and virtual private server (VPS) options, but its basic features keep it from matching the exemplary functionality of Editors’ Choice winners DreamHost, HostGator, and Hostwinds.


HostMonster Web Hosting

(Credit: HostMonster)

Shared Hosting

If you don’t want to spend too much money on web hosting, shared hosting is the way to go. With this most basic hosting tier, your website lives on a server with other websites. In other words, the sites share a single server’s cost and resources. As a result, shared web hosting is cheap web hosting. Shared…


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Open Internet, web scraping, and AI: the unbreakable link

Last year, a nonprofit internet archival organization, The Internet Archive (IA), lost the first circuit court (Hachette v. Internet Archive) against four major publishers that sued IA for its decision to act as a digital library during the pandemic, lending more than one copy of a book at a single time.

Whether it was an ethical decision and who is right in this battle—publishers, using the existing copyright law provisions to their advantage, or the IA, stating that today’s copyright law is outdated and does not meet the requirements of digital societies—remains to be answered. The IA appealed its loss in the Second Circuit Court, a decision supported by many authors themselves.


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Ardabil to host 2nd festival dedicated to Shahsevan nomads

TEHRAN – The second edition of a tribal festival dedicated to Shahsevan nomads will be held in Ardabil province on April 25 and 26.

The Shahsevan, aka Shahsavan, are a number of Azarbaijani-speaking Turkic groups that live in northwestern Iran, mainly inhabiting the districts of Mughan, Ardabil, Kharaqan, and Khamsa.

The festival is aimed at bringing together thousands of locals and domestic travelers to Jafarabad, which is about 26 km northwest of Bileh Savar county in the Mughan plain.

“Displaying the values of tribal life is one of the goals of organizing this festival….,” the provincial tourism chief said on Saturday.

“Symbolic representation of nomadic migration, everyday life of nomads, tribal wedding ceremonies, setting up tents of different tribes, and holding…


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