Cybercrime costs telecommunications billions

South Africa’s telecommunications sector is staring down a cybercrime storm that is costing billions of rand every year. As October marks Cybersecurity Awareness Month, the Communications Risk Information Centre (COMRiC) has issued a sharp warning: fraudsters are...

Slight uptick for Purchasing Managers’ Index

The seasonally adjusted Absa Purchasing Managers’ Index (PMI) increased by 2.7 points to 52.2 points in September 2025 and returned to expansionary territory for the second time in 2025. Encouragingly, the average PMI for 2025Q3 rose to 50.8 points compared to 45.4...

NTT Data acquires EXAH

NTT Data has acquired EXAH, a Salesforce consulting partner and AI implementation specialist. Salesforce plays a key role in NTT Data’s growth strategy, providing a unified view of customer data that enables personalized experiences and efficient service delivery....

AGOA uncertainty exposes fragility of trade flows

A resilient financial infrastructure for emerging markets is of fundamental importance, especially as the renewal of the African Growth and Opportunity Act (AGOA) remains in doubt, and the impact of tariffs. This is according to James Booth, head of revenue...

CEO for new transmission company appointed

Monde Bala, formerly appointed as interim-CEO of the National Transmission Company South Africa (NTCSA), has been confirmed in the role. Bala has served as group executive for Eskom Distribution since 2019, following a 27-year career at Eskom in various leadership...