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RMI

The impact of AI on jobs in the retail motor sector

The fourth industrial revolution (4IR) is gaining traction in all sectors. Artificial intelligence (AI), robotics and automation are being applied to create ingenious innovations – advancements aimed at making life easier, improving productivity and speeding up the evolution of...

New motoring app connects car owners with service providers

"For several years now there has been a call from the motoring sector as well as the motoring public for a quick and convenient way to find service providers. In response to this we started development on an app...

RMI provides millions in loans to fin-tech Startups

Rand Merchant Investment (RMI) subsidiary, AlphaCode announced on Monday, 2 September 2019, that it has awarded just over $1.5 million in supplier development loans to three fintech startups, Zande Africa, Bright On Capital and Livestock Wealth. “We have granted Zande...

Boosting scarce data science skills in SA with top 20 fintech ideas

South African businesses and startups are aware of the increasing importance of using data effectively, but the demand for data science skills exceeds supply. Explore, a joint initiative launched by The Explore Data Science Academy (EDSA) and Rand Merchant...

Peach Payment expends into Nigeria and Kenya

Peach Payments is now processing more than R1-billion in transactions per year and expanding into Kenya and Nigeria with plans for other African countries. Peach Payment has recently launched PaySafe, which has already processed transactions worth R1-million, and will change...

SA’s Retail Motor Industry to launch own telecommunications company

South African Retail Motor Industry body, RMI, has joined forces with JSE listed TeleMasters Limited to lead up to what will be SA’s first industry-specific telecommunications company. The RMI represents around 7,500 motor industry members, including car rental firms, vehicle...
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How Much Data Does Streaming Use?

Video streaming is the next big thing in the entertainment business. More consumers are developing a preference for streaming...
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