MultiChoice Group has demonstrated resilient operational March 2024

MultiChoice Group has demonstrated resilient operational performance for the year ended March 2024 (FY24), delivering a 26% trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48%. Strategic milestones were reached, with the...

Economic impact of the legal profession valued at $1,6trn

According to a report from the International Bar Association (IBA), countries that firmly uphold the rule of law experience greater socio-economic benefits from the everyday contributions of lawyers than governments that impose restrictions on legal rights. In the...
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...