Economic activity slowdown mirrored in lower transactions

Economic activity slowdown mirrored in lower transactions

After two consecutive months of encouraging growth, the BankservAfrica Economic Transactions Index (BETI) fell in February 2023, signalling the country’s deteriorating economic activity. “At an index level of 131, the BETI for February slipped to...
A future aircraft design, supercomputed

A future aircraft design, supercomputed

The picture featured here is not hypermodern art. Generated by NASA’s high-performance computers, it shows a Transonic Truss Braced Wing (TTBW) aircraft concept being tested in a virtual wind tunnel, showing how its wings interact with the air around them. In...
New payment standard offers cash-like convenience

New payment standard offers cash-like convenience

Kathy Gibson reports – A broad industry initiative, PayShap is South Africa’s first low-value, interbank, realtime digital payments service that will make digital payments easier and more convenient for all South Africans. The new payments platform was developed...
Ignoring generative AI will be a costly mistake

Ignoring generative AI will be a costly mistake

A new report from Forrester – Generative AI prompts productivity, imagination, and innovation in the enterprise – finds that generative AI can augment and enhance existing business processes in ways that were previously impossible. Forrester defines...
NASA develops quantum detector that counts single photons

NASA develops quantum detector that counts single photons

Quantum computers hold the promise of operating millions of times faster than conventional computers. But to communicate over long distances, quantum computers will need a dedicated quantum communications network. To help form such a network, a device has been...
Massive demand for tech skills in Africa

Massive demand for tech skills in Africa

Kathy Gibson reports – Just about every organisation in Africa is in desperate need of more tech skills. This is the headline finding from new SAP research, “Africa’s tech skills scarcity revealed”, conducted by VansonBourne. The survey shows...