BETI up in May but future still uncertain

BETI up in May but future still uncertain

The BankservAfrica Economic Transactions Index (BETI), which measures the value of all electronic interbank transactions processed by BankservAfrica, recovered further in May 2024, contributing to a positive outlook for the economy in the second quarter. However,...

Load shedding relief raises manufacturing sentiment

Confidence among local manufacturers has reached the best level in two years. This is according to the Q2 Absa Manufacturing Survey, which showed that business confidence rose 7 points to 28 during the quarter. “Over the last few years, manufacturers’...

Boom period ahead for e-commerce

The global e-commerce market will reach $83,26-trillion by 2030 with a CAGR of 18,9% from 2024 to 2030, according to a new study by Grand View Research. The market has grown substantially due to the increasing popularity of omnichannel retailing in which companies...

SA dominates African fleet management market

The number of active fleet management systems deployed in commercial vehicle fleets in South Africa reached an estimated 2,3-million in the fourth quarter of 2023. Growing at a compound annual growth rate (CAGR) of 10,3%, this number is expected to reach 3,8-million...

Broken printers cost SA healthcare in lost hours

Healthcare workers across South Africa lose an estimated 76 working days every year thanks to slow or non-functioning printers, according to new research from Epson undertaken throughout Europe, the Middle East and Africa. South Africa is already grappling with...

Telkom expects increased earnings for FY24

Telkom expects to report improved financial results for the financial year ended 31 March 2024, stronger operational performance driven by continued demand for its next-generation technologies along with cost-optimisation initiatives. It has issued a trading statement...