This is what Covid-19 impacts look like from space

This is what Covid-19 impacts look like from space

In response to the global coronavirus pandemic, NASA, ESA (European Space Agency), and JAXA (Japan Aerospace Exploration Agency) have joined forces to use the collective scientific power of their Earth-observing satellite data to document planet-wide changes in the...
Brace for deepest recession in 90 years

Brace for deepest recession in 90 years

South Africa can expect a deep recession this year – as bad as any in the last 90 years. Finance Minister Tito Mboweni delivered his Supplementary Budget Speech 2020 to (a virtual) Parliament yesterday (June 24). Lullu Krugel chief economist for PwC...
May’s salary payments nosedive as unemployment rises

May’s salary payments nosedive as unemployment rises

BankservAfrica’s latest data reveals South Africa’s total salaries paid declined significantly in May, reflecting the downturn in take-home pay numbers. Also, as low-income earners remain under pressure from the Covid-19 lockdown, South Africa’s...
Incidence of digital banking fraud increases

Incidence of digital banking fraud increases

Robust mitigation strategies deployed by member banks and partners are showing results in terms of fewer incidences of crime. This is according to the annual crime stats for 2019 released by the South African Banking Risk Information Centre (Sabric). Digital banking...
More pain to come for IT vendors and resellers

More pain to come for IT vendors and resellers

There has been widespread evidence of layoffs, pay cuts and furloughs at IT vendors, and there is more economic pain on the horizon. This is the word from GlobalData, which reports that, as of the end of May, the number of active jobs in the technology and...
Say hello to the newest cosmic baby …

Say hello to the newest cosmic baby …

Astronomers tend to have a slightly different sense of time than the rest of us. They regularly study events that happened millions or billions of years ago, and objects that have been around for just as long. That’s partly why the recently discovered neutron...