Jul 15, 2020
The BankservAfrica Economic Transaction Index (BETI) for June 2020 showed the biggest one-month bounce-back on record, providing the first strongest indication of an economic recovery since the start of the Covid-19 lockdown. However, the organisation cautions that...
Jul 14, 2020
The Covid-19 pandemic might be easing around the world, but it holds lessons to be learned for the future. One lesson is that even households need to do scenario planning, where they make assumptions on what the future is going to be and how their environments might...
Jul 13, 2020
Worldwide IT spending is projected to total $3,5-trillion in 2020, a decline of 7,3% from 2019, according to the latest forecast by Gartner. While the global economy is expected to witness a ‘swoosh’ recovery, IT spending will experience more of a ‘swoop’ recovery....
Jul 10, 2020
A detailed look into South Africans transaction habits from cash and card spend over the lockdown period has revealed that the value of ATM withdrawals is on the rise while credit cards are being stored away. “As a service to the South African economy and...
Jul 9, 2020
A comet visiting from the most distant parts of our solar system is putting on a spectacular nighttime display. Named Comet C/2020 F3 NEOWISE, the comet made its once-in-our-lifetimes close approach to the Sun on 3 July 2020, and will cross outside Earth’s orbit...
Jul 8, 2020
Africa’s economic growth could rebound in 2021, provided that governments manage the Covid-19 infection rate well. This is according to updated forecasts from the African Development Bank, which projects growth rebounding to 3% in 2021 from -3,4% in the...
