Resilience of SA businesses comes to the fore

The latest Experian Business Debt Index (BDI) indicates that South African businesses are not only coming to terms with load shedding and other adverse economic conditions but are, in fact, stoically battling through them and showing growth. The BDI, which reflects...

Slight relief for take-home pay in June

Despite the tough economic conditions, the average nominal take-home pay, tracked in the BankservAfrica Take-home Pay Index (BTPI), showed a marginal uptick in June, adding to the stabilisation observed over the past three months. “The average nominal take-home...

SA’s financial sector suffers highest losses from data breaches

IBM Security has released its annual Cost of a Data Breach Report, showing the average data breach cost for South African organizations reached R49,45-million in 2023 – an all-time high for the report. This represents an 8% increase over the last three years and...

Increased chip demand will fuel steady OSAT growth

A surge in global demand for applications such as AI, high-performance computing (HPC), 5G, automotive, and Internet of Things (IoT) has fueled semiconductor supply chain expansion, according to IDC’s upcoming Semiconductor Manufacturing Services: 2022 Worldwide...

Top business priorities for CEOs and CFOs

Growth remains the top strategic business priority for both CFOs and CEOs, according to a survey by Gartner, which says 45% of CEOs ranked growth in their Top 3 strategic priorities (down from 53% in 2022) while 62% of CFOs put it in their Top 3 (up from 59% in 2022)....

Expanded capacity empowers cloud, CDNs and SaaS providers in Africa

A report from research group TeleGeography has unveiled the tremendous opportunities for content delivery networks (CDNs), cloud services, and software-as-a-service (SaaS) providers in Africa’s ever-expanding connectivity landscape. One of the key findings of...