Economic downturn is now the top emerging risk worrying executives

Economic downturn is now the top emerging risk worrying executives

Concern about a macroeconomic downturn has quickly become the top emerging risk facing organisations. This is the headline finding from Gartner’s latest global Emerging Risks Report, conducted in the second quarter of 2022. “The top five risks reported by respondents...

Consumers reel under impact of inflation, interest hikes

Nearly half of South African consumers (44%) say they will not be able to pay at least one of their current bills and loans in the next three months, according to research conducted by TransUnion in late May and early June. And, with high inflation rates and...

First-time consumer credit defaults increase in Q1

The rate people defaulted on their loans for the first time increased in the first quarter of 2022, according to Experian South Africa’s Consumer Default Index (CDI). The CDI increased quarter-on-quarter, moving from 3.49 in 2021 Q4 to 3.68 in 2022 Q1. Year-on-year,...

Network upgrade a major boost for academia

The South African National Research and Education Network (SA NREN) has been upgraded to help all connected South African universities, colleges, scientific councils, researchers, innovation centres, and more access faster connectivity quicker. The CSIR, SANReN,...

Largest renewable energy PV and battery storage project signed off

Standard Bank and British International Investment (BII) have partnered with Scatec and H1 Holdings to successfully reach financial close on the first sizable battery energy storage and photovoltaic (PV) solar project in South Africa – believed to be Africa’s largest...