
South Africa: Location Bank announces groundbreaking white paper, the AI disruption
The white paper highlights how the rise of AI-powered search engines, voice assistants, and generative search experiences (like Google's SGE) is diminishing the dominance of paid search ads. These AI systems increasingly favor accurate, structured, and highly relevant local content often bypassing or excluding paid placements in favor of organic, AI-curated results.
Key findings and insights from the white paper include:
- The search paradigm shift: AI-powered search (SGE, voice assistants) prioritises trustworthy, structured, local content, pushing paid ads down or out. Over 65% of Google searches now result in zero clicks.
- Decline of traditional search ads: Data shows a 17% fall in click-through rates (CTR) for search ads and a 23% year-over-year increase in cost-per-click (CPC) in key verticals, making them less efficient.
- Organic local presence as the competitive edge: Up-to-date Google business profiles (GBPs), high-quality reviews, accurate business information, and structured data across platforms (Facebook, Apple Maps, Bing, Uber) are now paramount. These assets are persistent, credible, and directly ingested by AI.
- Real-world impact: A case study of a leading South African QSR chain using Location Bank's platform demonstrated a remarkable 37% increase in direction requests from Google Maps within 90 days, achieved solely by improving GBP data accuracy across 450+ stores, without additional ad spend.
- Data-driven strategy: The paper emphasises that collecting and analysing local search behaviour empowers brands with competitive insights, allowing them to feed AI platforms with consistent, location-level data that drives visibility.
The white paper provides a clear action plan for multi-location brands to build durable, AI-friendly local infrastructure, including conducting audits, standardising NAP data, actively managing reviews, and leveraging platforms like Location Bank to centralise and scale updates.
About Location Bank
Location Bank is a South African-based martech company dedicated to helping brands centralise their location data, manage online reputation, and maximise visibility across platforms like Google and Facebook. Trusted by SMEs and enterprises alike, Location Bank provides the tools businesses need to thrive in a connected world.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Gulf Business
an hour ago
- Gulf Business
Trump's One Big Beautiful Bill explained
Image: Getty Images In July 2025, the US Congress enacted the sweeping One Big Beautiful Bill (OBBB): a landmark legislative overhaul combining permanent extensions of Trump-era tax cuts for individuals and businesses with major spending cuts to welfare programmes and a hefty increase in defense and border security outlays. The bill narrowly cleared its final hurdle in the House of Representatives, positioning it to become law following his signature on July 4. According to the add approximately $3.3–$ 3.4 trillion to federal deficits over the next decade and leave 11–12 million Americans without Medicaid coverage, a claim strongly disputed by the White House. 'President Trump's One Big, Beautiful Bill delivers on the commonsense agenda that nearly 80 million Americans voted for – the largest middle-class tax cut in history, permanent border security, massive military funding, and restoring fiscal sanity. The pro-growth policies within this historic legislation are going to fuel an economic boom like we've never seen before. President Trump looks forward to signing the One Big, Beautiful Bill into law to officially usher in the Golden Age of America,' the VICTORY: The One Big Beautiful Bill Passes U.S. Congress, Heads to President Trump's Desk 🇺🇸🎉 — The White House (@WhiteHouse) From a B2B perspective, this bill sends strong signals: a brighter corporate tax landscape and investment clarity, contrasted with harsh reductions in healthcare and social safety nets. It deliberately reshapes incentives in sectors like renewable energy, defense, manufacturing, and infrastructure, offering strategic opportunities for businesses and investors. With permanent 2017 tax cuts, expanded bonuses, and full 100% expensing, the bill aims to stimulate corporate investment. Yet it simultaneously reverses many climate-related credits, potentially chilling solar and wind projects . Defense and security sectors, by contrast, are set to benefit from a . Lost in the US-centric coverage, however, are ripple effects in the GCC region, from fiscal and investment flows to energy markets and defense partnerships. Gulf sovereign wealth funds with heavy US bond and equity exposure may see altered yields and investment valuations. A return to robust US fossil fuel production and weaker renewables support could benefit GCC oil exporters, even as geopolitical and military collaboration dynamics evolve. Sector-Wise Breakdown Tax & Corporate Sector Permanent tax cuts : Lowers corporate and individual tax rates, increases Business certainty : Enhanced planning through long-term tax predictability, including 100% Section 179 expensing. Trade & remittance levy : Introduces a 1% tax on remittances—raising potential issues for global fund flows . Healthcare & Welfare Drastic Medicaid/SNAP cuts : Deep reductions could strip about 10–11 million low-income Americans of benefits. Eligibility changes : Programmes now include stricter work mandates and state cost-sharing, potentially straining hospital systems. Defense & Border Security Defense boost : +$150 billion for military, including 'Golden Dome' missile defense, drones, and nuclear upgrades. Immigration enforcement : +$150 billion for border control, ICE expansion, detention capacity for up to 1 million deportees annually. Energy & Environment Clean energy rollback : Repeals IRA tax credits, halts renewables momentum, and favors fossil fuels, nuclear, and gas sectors . Energy dominance push : Positions US around nuclear and gas reliability; delays investment in solar and wind . Infrastructure & Tech ATC modernisation : . Spectrum & R&D incentives : 600 MHz spectrum auction planned by 2034; R&D expensing restored to spur innovation . Agriculture & Rural Support for rural hospitals : $50 billion allocated to support struggling healthcare systems in non-urban areas . Agricultural enhancements : Elevated crop insurance, price supports, and disaster relief totalling approximately $60 billion . GCC Impact Snapshot Sovereign wealth & portfolio returns: The tax cuts and increased US debt may drive higher bond yields, squeezing GCC external debt issuances. A new remittance tax could also slightly dent returns for GCC-based investors in the US. Energy market ripples: Rollbacks in clean energy tilt US fuel demands back to oil and gas, supporting GCC hydrocarbon export prices in the short to mid-term . Defense & security ties: Expanded US defense budgets open avenues for GCC collaboration on advanced military and border technologies. Investment climate: Tax clarity may attract more GCC foreign direct investment into US infrastructure and technology sectors, though uncertainty in welfare and fiscal policy might temper risk appetite. Trump's 'One Big Beautiful Bill' epitomises a high-stakes gamble: it locks in permanent tax relief and certainty for corporations and the wealthy, while significantly slashing social safety nets, primarily Medicaid, potentially leaving nearly 12 million Americans uninsured. Although fossil fuel industries benefit from revived incentives, the rollback of clean‑energy credits casts a shadow over green energy's momentum, even as targeted investments in technology, defense, and research & development open long‑term growth pathways, assuming fiscal discipline and stable global trade persist.


Zawya
2 hours ago
- Zawya
Gold poised for weekly gain on dollar weakness, safe-haven demand
Gold prices rebounded on Friday and were heading for a weekly gain, helped by a retreat in the U.S. dollar and safe-haven inflows as U.S. President Donald Trump's deadline for trade deals loomed. Spot gold was up 0.3% to $3,334.47 per ounce, as of 1002 GMT. The precious metal is up about 1.9% this week. U.S. gold futures gained 0.1% to $3,344.70. The dollar index slipped 0.2% and was on track for a second week of decline, making gold less expensive for other currency holders. "The apprehension about the fiscal situation in the U.S. (after Trump's sweeping tax-cut bill passed Congress) and the lingering uncertainty over the approaching July 9 deadline for the tariff issue has boosted safe-haven demand," said Ricardo Evangelista, senior analyst at brokerage firm ActivTrades. Trump announced that Washington will start sending letters to countries on Friday, marking a shift from earlier plans for individual trade deals. On April 2, he announced reciprocal tariffs of 10%-50%, but later reduced most to 10% until July 9 to allow for negotiations. Meanwhile, Trump's tax-cut legislation cleared its final hurdle in Congress on Thursday, making his 2017 cuts permanent, funding his immigration crackdown, and adding new tax breaks promised during Trump's 2024 campaign. Data showed U.S. job growth was unexpectedly solid in June, but nearly half of the increase in nonfarm payrolls came from the government sector, with private industry gains the smallest in eight months as businesses battled rising economic headwinds. "The latest U.S. payroll data supports the case of a slowdown of the economy, but no standstill, slowing the pressure on the Fed to cut interest rates anytime soon," said UBS commodity analyst Giovanni Staunovo. Elsewhere, spot silver edged 0.1% lower to $36.78 per ounce and palladium eased 0.3% to $1,133.21. Platinum rose 0.5% to $1,374.21 per ounce and was heading for its fifth straight week of gains. (Reporting by Brijesh Patel in Bengaluru, additional reporting by Ishaan Arora; Editing by Harikrishnan Nair)


Web Release
2 hours ago
- Web Release
Cloudera to Showcase the Future of AI at EVOLVE2
Cloudera, the only true hybrid platform for data, analytics, and AI, will be hosting its annual series of data and AI conferences across the globe. Spanning four continents, Cloudera's EVOLVE25 conference will gather industry visionaries, customers, and partners to explore how a unified hybrid data platform can power AI-driven innovation and transform customer experiences across industries. EVOLVE25 will take place in Dubai on November 20, 2025. Cloudera is helping enterprises make the most of AI by combining the power of trusted data and AI analytics to drive business value. Through keynote presentations, industry sessions, interactive hands-on-labs, and 'meet the experts' meetings, attendees will explore how to leverage AI for innovative transformation. Sponsored by Amazon Web Services (AWS), the events will also include breakout sessions focused on: ? Enterprise AI— how organizations are scaling AI to transform operations, improve decision-making, drive innovation, and explore the latest tools for productivity, collaboration, security, and governance. ? Hybrid cloud—strategies for optimizing hybrid and multi-cloud environments to support AI workloads while maintaining security, compliance, and cost efficiency. ? Modern data architecture— how next-generation data architectures can support the unique requirements of AI applications and use cases. Cloudera's Data Impact Awards will also be announced at EVOLVE25. These prestigious awards recognize outstanding data-driven projects that have made a significant business impact within their organizations, across industries, and globally. 'As AI and data analytics become an undeniable necessity across enterprises, it's important to showcase the successful use-cases and offer hands-on training to understand the full benefits of the technology,' said Charles Sansbury, CEO of Cloudera. 'EVOLVE25, one of the world's most comprehensive data and AI event series, provides a unique opportunity for customers, partners, and innovative leaders to collaborate and network, looking ahead to what's next in data management, analytics, and AI.' Visit the website to register for EVOLVE25 Dubai and find out about sponsorship opportunities.