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GenAI for Procurement hits the Trough of Disillusionment

Generative AI (GenAI) for procurement has entered the trough of disillusionment, according to Gartner. While some early adopters are seeing benefits, many organizations are experiencing uneven ROI or falling short of expectations, highlighting the need for a more...

Manufacturing sentiment stays in negative territory

As South Africans woke up to the certainty of 30% tariffs from the US, they also face continued deterioration in manufacturing sentiment. The latest update from the Absa Purchasing Managers’ Index (PMI) for July 2025, which points to this deterioration as it remains...

African airlines see growth in cargo demand

Africa accounted for 2% of total global air cargo market in June 2025. During the month of June 2025, African airlines saw demand (measured by cargo tonne kilometres rise by 3,9% year-on-year, according to data from the International Air Transport Association (IATA)....

Xerox re-enters cut-sheet inkjet market with Kyocera

Following hot on the heels of its acquisition of Lexmark, Xerox has agreed to source Kyocera’s high-speed cut-sheet inkjet production presses, marking the company’s re-entry into the fast-growing cut-sheet inkjet (CSIJ) market and significantly broadening its...

The impact of AI on digital transformation

Reaffirming its commitment to advancing Africa’s digital transformation through artificial intelligence (AI), Google has highlighted the impact of its AI tools on the local innovation and business landscape at the AI in Action event in Cape Town. Held under the theme...

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Why most South Africans can’t afford a home

Only one formal house exists per 3,3 families who earn less than R26 000 a month – this accounts for more than 80% of South African households – and the trend is worsening, according to Lightstone. In its June 2025 Property Newsletter, the automotive and property...

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VALR pioneers xStocks in SA

VALR, Africa’s largest crypto exchange by trade volume, has launched xStocks on its platform enabling customers to gain price exposure through tokenisation of leading US-listed equities such as Tesla, Nvidia, Robinhood, Circle, and Coinbase. With this move, VALR says...

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Ghana Msibi is new FNB Business CEO

FNB has announced the appointment of Ghana Msibi as the new CEO for FNB Business. Msibi will report to Harry Kellan, CEO of FNB, and will be a member of the FNB Executive Committee. He was previously CEO of WesBank, a role he assumed in 2022, having joined the company...

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