Slight but uninspiring increase for the BETI in January

After breaking six months of declines in December, the BankservAfrica Economic Transactions Index (BETI) improved again in January 2023. Yet, despite this positive movement, ‘more-of-the-same’ can be expected this year as economic woes prevail. “The...

SA’s need for manufacturing excellence stronger than ever

South Africa’s manufacturing industry has had to keep evolving to remain competitive in the face of global competition. But, while there has been a long-standing battle between effectively producing products against demand and maintaining a sustainable cost...

Report reveals that SA children can’t read for meaning

A new report reveals that a massive 82% of South Africa’s Grade 4 learners cannot read for meaning – indicating that the disruptions of the Covid years have set children back by at least a year. Indeed, if the country continues on the current trajectory,...

Subsea cable system lands in KZN

The 2Africa undersea cable, said to be the largest in the world, has been landed into the carrier-neutral Durban facility of Open Access Data Centre (OADC), which is owned and operated by West Indian Ocean Cable Company (WIOCC). Chris Wood, group CEO of WIOCC,...

Logistic execs pessimistic about 2023

Nearly 70% of global logistics executives say they are bracing for recession amid higher costs, slowing demand, and ongoing supply chain disruption arising from China’s battle to contain Covid, Russia’s war in Ukraine, and the impact of climate change....

Poor recruiting experience a deal breaker for in-demand job seekers

Despite ongoing economic uncertainty, global and South African employers are still feeling the impact of the Great Resignation. Over three-quarters of South African employees (77%) are actively looking for a new job, and it’s not easy to win over top talent,...