Treasury reports on payment non-compliance

National Treasury has released an annual report on non-compliance with payment of suppliers’ invoices within 30 days. The report shows that there was an improvement in the payment of invoices by government to service providers within 30 days in the 2021/22 financial...
Heatwaves and fires scorch Europe, Africa and Asia

Heatwaves and fires scorch Europe, Africa and Asia

In June and July 2022, heatwaves struck Europe, North Africa, the Middle East, and Asia, as temperatures climbed above 40 degrees Celsius (104 degrees Fahrenheit) in places and broke many long-standing records. The map pictured here shows the surface air temperatures...

Digital payments could ignite the kasi economy

According to the World Bank, the majority of South Africa’s urban population resides in townships and, with an 18% contribution to GDP, the informal sector within it is one of the most important parts of the economy, both as a means of employment and how millions of...

Put people first for AI success

Artificial intelligence (AI) is a hot topic and big buzzword in business today – indeed, Infoholic Research predicts that AI in the logistics and supply chain markets will grow at a compound annual growth rate of 42,9% until 2023. According to author, AI and...

Despite complexity, SA manufacturing sector still resilient

The manufacturing landscape in South Africa has undergone a fundamental shift over the past two years thanks to several complexities that have had an impact, both locally and globally. In the country, the power supply remains a significant obstacle, while global...

Tokenised payments set to soar

A new study from Juniper Research has found the total number of tokenised payment transactions will exceed 1-trillion globally by 2026, rising from 680-billion in 2022, and representing growth of 58% over the next four years. It attributed this growth to the rise of...