New watsonx platform to power next-generation foundation models

IBM, at its annual Think conference, has announced IBM watsonx, a new AI and data platform to be released that will enable enterprises to scale and accelerate the impact of the most advanced AI with trusted data. Enterprises turning to AI today need access to a full...

Tourism on track for a full recovery

International tourism is well on its way to returning to pre-pandemic levels, with twice as many people travelling during the first quarter of 2023 than in the same period of 2022. The second UNWTO World Tourism Barometer of the year shows that the sector’s...
Businesses see banking strains, credit crunch as key risks

Businesses see banking strains, credit crunch as key risks

The latest survey from Oxford Economics on business risk perceptions suggests banking system strains and tightened credit supply now pose the greatest threats to the global economy. Respondents perceive a one-in-three chance of a full-blown financial crisis comparable...

Investors turn to SA amid mineral diversification efforts

As global players make strides towards transitioning to a cleaner energy future, demand for critical minerals – which are essential for the production of lithium-ion batteries and associated technologies behind solar and wind components and renewable power...

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...