Digital remittances to pass 2bn by 2027

The total volume of international digital remittances will exceed 2-billion globally in 2027, from just over 1,1-billion in 2022. A new study from Juniper Research predicts this growth will be accelerated by the increasing speed and low cost of digital remittances...

Short-termism trap could derail our political future

Tensions remain high in the lead-up to the ANC’s elective conference, set to take place in December. While it is no secret that confidence in the ANC has decreased dramatically in the wake of the ongoing energy crisis, economic pressures and social challenges,...

Finance leaders plan to achieve touchless close by 2025

A majority (55%) of finance executives polled by Gartner are aiming for a touchless financial close by 2025. “Most finance functions want to close faster, cheaper, and with fewer errors,” says Pritika Bhattacharjee, vice-president: research in the Gartner...

Sharks have been around for longer than we thought

The first appearance of shark-like “jawed fish” may have happened about 15-million years earlier than previously thought, according to new evidence. A handful of fossil teeth from a completely new species, uncovered from rock samples found in China,...

Employment numbers down from the previous quarter

Stats SA has reveals that total employment decreased by 119 000 jobs, or -1,2% quarter-on-quarter, from 10 067 000 in March 2022 to 9 948 000 in June 2022. This was largely due to decreases in the following industries: community services (-100 000 or -3,4%), business...
ICT infrastructure crucial for African economic growth

ICT infrastructure crucial for African economic growth

Investment in information, communication, and technology (ICT) infrastructure is key for sustained, inclusive economic growth and development in Africa. This is according to a study conducted by Dr Mamello Nchake from the Department of Economics at Stellenbosch...