Budget 2026: offshore discretionary allowance doubled

South African couples can now transfer up to R4-million offshore per year without Reserve Bank approval or a SARS tax clearance certificate, following this week’s Budget announcement that the single discretionary allowance has been doubled from R1-million to...

Budget 2026: increased defence and security spending welcomed

The Aerospace, Maritime and Defence Industries Association of South Africa (AMD) has welcomed the increase in national funding for security and defence announced in the 2026 Budget Speech. Finance Minister Enoch Godongwana announced that spending on law and order...

Cape Town airport resumes full operations

Cape Town International Airport (CTIA) has successfully restored core operations following a fire in the Northern Service Yard on Tuesday, 24 February 2026. Check-in & Customs: All domestic and international check-in systems, along with Border Management Authority...
AI platform investments will push ICT spend to $4trn in 2026

AI platform investments will push ICT spend to $4trn in 2026

Global spending on information and communications technology (ICT) is forecast to reach $4-trillion in 2026 and surpass $6-trillion by 2029, according to the latest update of the International Data Corporation’s (IDC) Worldwide ICT Spending Guide Enterprise and SMB by...

Agentic AI expected to reduce entry-level supply chain hiring

More than half (55%) of supply chain leaders expect that advancements in agentic AI will reduce the need to hire for entry-level positions, while 51% believe the technology will drive a shift to overall workforce reductions, according to Gartner. Gartner surveyed 509...