PMI shows tentative signs of recovery

The seasonally adjusted Absa PMI increased by 4 points to 48.7 in March – the highest level since October 2024. However, weak readings in January and February have resulted in a first-quarter average of just 46.2 points, down from 49 points in Q4 2024. Key highlights...

Mxit makes a comeback

Mxit, the South African platform that was once the world’s largest mobile social network, is officially back. Launched in the pre-smartphone era, Mxit became a cultural touchstone for millions of South Africans, offering a way to chat, flirt and form connections in...

Rising global demand puts African rare earths in the spotlight

The global demand for rare earth elements  is projected to increase four-fold by 2030, driven by the energy transition and increasing investments in industrialisation. African nations rich in rare earth minerals are accelerating exploration and production efforts to...

SMEs optimistic about 2025 economic climate

South African small and medium enterprises (SMEs) entered 2025 with an encouraging sense of optimism. This is according to the latest SME confidence Index, conducted by Business Partners Limited, which reveals that over 58% of respondents felt optimistic about the...

Uptick in mobile banking malware

In 2024, as digital financial transactions continued to expand worldwide, cybercriminals shifted their focus toward mobile devices and crypto assets. According to Kaspersky’s new Financial Cyberthreats report, the number of users encountering mobile banking Trojans...

Drivers and trends for transport electrification

Regulations for decarbonisation are one of the main drivers of vehicle electrification worldwide. IDTechEx’s master electric vehicles report, “Electric Vehicles: Land, Sea, and Air 2025-2045”, focuses on the eleven main transportation sectors...