Consumers are spending more on groceries and eating out

FNB’s card data shows that individual customers are spending more of their income on groceries and entertainment, which includes out-of-home experiences such as eating out. Today, groceries account for 28% of customer spend, compared to 27% last year, and...

SA scientists to jet off to Dallas for Regeneron ISEF

A group of six young scientists from South Africa will travel to Dallas, Texas to showcase their scientific brilliance on the global stage at the Regeneron International Science and Engineering Fair (ISEF). They all won the opportunity to represent the country...

Beware scammers feeding on Africa’s crypto craze

Cryptocurrency has become incredibly popular in Africa and, according to the International Monetary Fund (IMF), transactions hit $20-billion a month from as early as 2021. But its popularity as an alternative route to financial stability, investments, and payments has...

FNB on the hunt for young entrepreneurs

Entries for the second year of the FNB Youth Start-up Accelerator (YSA) programme – in partnership with Fetola – are now open. The programme provides mentorship, training, and support to young, committed, first-time entrepreneurs. The YSA programme is a...

Structured data management still driving enterprise storage market

Structured databases/data management continued driving the largest share of enterprise IT infrastructure spending in the second half of 2022 (2H22), says International Data Corporation (IDC), which adds that organisations spent $7,6-billion on compute and storage...

Government agencies come under attack

The first quarter of 2023 has already seen 32 significant cyberattacks on government agencies, according to data from Surfshark. A significant nine of these were reported to be cyber espionage – nearly as many as during the whole of 2022. Yearly tendencies show...