Good and bad news for salaries

Despite a host of negative factors that impacted the economy, the average nominal BankservAfrica Take-home Pay Index (BTPI) ticked marginally higher in September 2022. The average nominal South African salary (after deductions), recovered slightly to R15 063 in...

African fintechs attract record investment

Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent. This is according to a Mastercard white paper titled ‘The Future of Fintech: Rapid Growth Attracts Smart Capital’, which also found...

Optical networks the future of connectivity

Kathy Gibson reports – Optical networks have seen huge improvements in cost and capacity over time – with most of that coming with the invention of fibre. Submarine networks are responsible for connecting the planet, says Vladimir Kozlov, CEO and founder...

Key takeaways from the MTBPS

Finance Minister Enoch Godongwana yesterday presented the Medium-Term Budget Policy Statement (MTBPS). He addressed Eskom’s debt transfer and public wages, but details about Infrastructure Fund and comprehensive social security plan weren’t included,...

EOH delivers 92% increase in operating profit

EOH has reported sustained operating profitability during the year ended 31 July 2022 and further deleveraging of its balance sheet. The group has also finalised plans for its upcoming capital raise to optimise its capital structure. Highlights for the year include: *...

Calling all citizen scientists …

The South African National Biodiversity Institute (SANBI) is inviting people across the country to join the Great Southern BioBlitz 2022 (GSB 2022). The event, which will be held from 28 October until end-of-day on 31 October 2022, is an international competition that...