More South Africans tricked into becoming money mules

As more people become cash-strapped and desperate within the current, challenging economic environment, it’s becoming easier for criminals to recruit money mules. Money mules move stolen money through their banking channel on behalf of criminals, and the number...

AR/VR headset shipments slow

Global shipments of augmented reality (AR) and virtual reality (VR) headsets slowed significantly in the first quarter of 2023 (1Q23) as macroeconomic conditions worsened and the market cooled compared to the pandemic driven highs seen last year. According to new data...

Is this a powerless power minister?

The powers of the new Minister of Energy, as promulgated by President Cyril Ramaphosa, appear to be limited and his areas of responsibility overlap with those of other ministers, writes Jason van der Poel, partner at Webber Wentzel. On 26 May 2023, President Cyril...

Talent emigration now a top risk for SA businesses

By Kathy Gibson – A vast majority of South African business leaders (80%) regard emigration of top talent as a critical risk factor for their businesses. And there’s reason for their concern: 55% of qualified young professionals are considering going...

Some relief for African consumers expected in 2024

This year will be another tough one for African consumers, but conditions are expected to improve in 2024, according to a forecast by Oxford Economics. This is consistent with the company’s view that inflation will ease further in the coming months and that...