February transactional activity is flat

The BankservAfrica Economic Transaction Index (BETI) is showing signs of a slight slowdown. There are, however, still reasons to remain optimistic of a shift in growth to higher levels in months to come. “The February BETI – the broadest now indicator of...

Theoretical physicist Stephen Hawking has died.

Hawking suffered from Lou Gehrig’s disease, and spent much of his adult life in a wheelchair and using voice synthesiser to talk. He died this morning (14 March), co-incidentally on Pi Day and Albert Einstein’s birthday. Hawking, born on 8 January 1942 in...

Smart cities give back to citizens

The record for the world’s worst traffic jam belongs to Beijing’s gridlock. For 12 days in August 2010, cars could not escape 62 miles of freeway. This example, alongside the UN’s prediction that, by 2030 two-thirds of the world’s population...

SARB estabishes forex committee

The South African Reserve Bank (SARB) has announced the establishment of the South African Foreign Exchange Committee (SAFXC). The SAFXC is a forum consisting of key professionals and associations in the domestic wholesale foreign exchange (FX) market, such as...
All systems go for Iridium NEXT launch

All systems go for Iridium NEXT launch

Iridium Communications has announced that all 10 Iridium NEXT satellites for its fifth launch have arrived and are in processing at SpaceX’s west coast launch site at Vandenberg Air Force Base in California. The launch will increase the total number of Iridium...

Mobile spend to top $1,6trn

Worldwide spending on mobility solutions is forecast to grow 3,2% year over year in 2018, reaching more than $1,6-trillion, according to a new Worldwide Semiannual Mobility Spending Guide from International Data Corporation (IDC). This growth is expected to continue...