There is so much more in store for the African retail industry. According to research conducted by PWC, many sub-Saharan African countries have emerged among the world’s fastest-growing economies. This kind of development is due, in part, to a great deal of economic and social change, but also because of the rapid advancement in technology and changing consumer trends.

NTT Communications Corporation (NTT Com), the information and communications technology (ICT) solutions and international communications business within the NTT Group (TYO: 9432), today announced that 44 per cent of enterprises in Asia-Pacific are going ahead with implementing a hybrid cloud without a formal strategy in place, according to a new 451 Research survey whitepaper.

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Decision makers must come to terms that the Internet of Things (IoT) is no longer a futuristic concept. Many enterprises are already progressing beyond the conceptualisation stage and embarking on their IoT deployment. However, it is important to understand that as with all new digital initiatives, IoT implementation is a journey.

By integrating the Citi rewards redemption functionality into the MoneyBack platform, Citi cardholders can conveniently convert their credit card points into MoneyBack points on the MoneyBack website or mobile app. The MoneyBack points can immediately be used at over 600 partner outlets, including PARKnSHOP, Fortress, Watsons for cash discount, coupon and product redemptions. 

In addition to his new appointment, Mr. Browne retains his current role as Executive Vice President and Regional Head of Accident & Health (A&H) for Asia Pacific, inclusive of all digital distribution and bancassurance for Asia. He will continue to be based in Singapore and will report to Paul McNamee, Senior Vice President of Chubb Group and Regional President, Asia Pacific.

The Shares under the Public Offer have been significantly over-subscribed by approximately 9.92 times. The offer price per Share has been set at HK$1.0 per Share. Dealings in the Shares on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) is expected to commence on 11 January 2019 (Friday).