Tag Archives: Cape Town
Cape Town: Latest News
Peter Pedroncelli, 5:11 am
Malaysian subscription streaming video service iflix, which is focused on emerging markets, has announced the creation of iflix Africa to bring its service to sub-Saharan Africa while taking on the likes of Netflix and Showmax in the region. The video-on-demand service is planning to launch its service in South Africa during the third quarter of this year, before expanding into other parts of Africa. The current expansion plan includes the launch of services in Nigeria, Ghana, Kenya, Tanzania, and Zimbabwe, with iflix Africa taking the company’s global footprint to 23 territories.
Peter Pedroncelli, 4:51 am
U.S. software giant Microsoft has announced plans to open two new cloud data centers in South Africa, in order to provide Microsoft Cloud services for the African market from centers based on the continent. These hyperscale data centers will be built in Cape Town and Johannesburg, representing a strategic advantage for Microsoft, as they will be the only top-tier cloud provider with a data center presence in Africa. With availability of cloud services expected in 2018, the services that will be delivered via the two South African data centers will include Microsoft Azure, Office 365, and Dynamics 365.
Peter Pedroncelli, 5:53 am
Cape Town has been named the best business tourism destination on the African continent once again, a ranking produced by the International Congress and Convention Association (ICCA) revealed. The Mother City is now considered the 39th best business tourism hub in the world, having improved last year’s ranking by 15 spots. In the last financial year, the city secured 33 new bids with an estimated attendance of 28,000 delegates and an estimated economic impact of around $31.7 million, while conferences over the past six years have had an estimated economic impact of more than $112 million.
Dana Sanchez, 11:07 am AFKI Original
South African media giant Naspers is launching its 18-month-old internet TV service ShowMax in Poland. It plans to provide hyper-local content and original productions rather than trying to compete with expensive shows designed to appeal to audiences worldwide. It’s competing with the much older, bigger, more established U.S. firm Netflix, which launched in 1998. Netflix is also commissioning original content, but it has an overseas problem, one commentator said. “It just doesn’t have the amount of local content that some of the (streaming and pay TV) competitors have.”
Dana Sanchez, 4:16 pm
The world’s largest furniture and homeware store, Ikea, has collaborated with some of the best designers in seven sub-Sahran African countries to curate its first African collection in what is described as an effort to “democratize design.” Ikea says it wants to tap into the “creative explosion” happening across the continent. The furniture and homeware collection will focus on “modern rituals and the importance they play in the home.” The collection probably won’t be accessible in the African cities that inspired it. Ikea’s only African outlets are in Morocco and Egypt.
Staff, 5:31 pm
In KwaZulu-Natal the strongest activity is along the North Coast from Durban to Ballito — popular among investors. Residential development in upscale areas such as uMhlanga and Sibaya is enormous, prompting converns of oversupply, but home prices are expected to increase. Durban’s North and South Beach areas, including The Point, have increased as popular residential areas, thanks in part to the general upgrade to the Promenade.
Dana Sanchez, 11:43 am
Disruption is expected to pick up in South Africa’s real estate industry in 2017, a stakeholder says. South African homeowners increasingly want to earn income from their real estate investments. Airbnb — a website that lets homeowners rent out space in their homes — is making it easier to do so. This is expected to impact how people buy property as they look for homes that will double as vacation rentals.
Peter Pedroncelli, 7:00 am AFKI Original
South Africa has become a popular location for movies and television shows to be filmed in, but there are also many international music videos that have been shot in the rainbow nation, with Canadian rapper Drake recently shooting his yet unreleased music video in the country. From The Script to Jonas Blue, below are 12 international music videos which were shot in South Africa.
Lucy Corne, 7:00 am
When I got offered a one-night stay at a trailer park called Old Mac Daddy in Elgin, South Africa, I pictured a mobile home with the bare essentials – a bed, a tiny bathroom, a mini fridge. Instead, what I found on this working farm was 12 pimped-out luxury Airstream trailers, each with a different theme. Old Mac Daddy is on a hill overlooking a dam. It’s more like a luxury lodge with private chalets on wheels than a trailer park. Each Airstream trailer is decorated by a local artist. It’s one of the most magical experiences I’ve ever had.
Dana Sanchez, 3:02 pm
Cape Town hopes to become the first city in Africa to use electric buses for public transport, but other African countries have made earlier first-mover claims. The high cost of electric buses has been a barrier for the industry. They’re twice as much as their non-electric counterparts. But as crude oil prices fluctuate, the global electric bus market is predicted to grow 28 percent by 2020. By the end of 2020, China is expected to account for nearly half the global market.
- Real Estate